Sr Principal Prj Controls Eng - Cost
Date: Nov 18, 2024
Location: Newark, NJ, US
Company: PSEG
Requisition: 80293
PSEG Company: PSEG Services Corp.
Salary Range: $ 114,500 - $ 188,100
Incentive: PIP 15%
Work Location Category: Hybrid
PSEG operates under a Flexible Work Model where flexible work is offered when job requirements allow. In support of this model, roles have been categorized into one of four work location categories: onsite roles, hybrid roles that are a blend of onsite and remote work, remote local roles that are primarily home-based but require some level of purpose-driven in-person interaction and living within a commutable distance, and remote non-local roles that can be effectively performed remotely with the ability to work in approved states.
We want you to be healthy, balanced, and feel secure. That’s why you’ll enjoy a comprehensive range of benefits, with a focus on supporting your whole health. Starting on day one of your employment, you’ll be offered several health-related benefits including medical, vision, dental, and well-being and behavioral health programs. We also offer a retirement program, 401(k) with company match, company paid life insurance, tuition reimbursement and a minimum of 18 days of paid time off per year.
PSEG offers a unique experience to our more than 12,000 employees – we provide the resources and opportunities for career development that come with being a Fortune 500 company, as well as the attention, camaraderie and care for one another you might typically associate with a small business. Our focus on combatting climate change through clean energy technology, our new net zero climate vision for 2030 and enhanced commitment to diversity, equity and inclusion; and supporting the communities we serve make this a particularly exciting time to join PSEG.
Job Summary
The associate in this position will provide technical/analytical and functional support in the area of project cost controls, to include accounting creation, monitoring, forecasting and close out for the Enterprise IT Project Controls Group. They must possess skills and expertise in the following areas: budget development, forecasting, spreadsheets, schedule monitoring work in progress, resource optimization.
Ensure system work is accomplished with optimal use of both internal and external resources within required timeframes as well as within budget and scope. Work with departmental managers and technical leads to develop workload forecasting using work management system data, historical data, economic indicators, and project schedules. Project management responsibilities include WBS development, Schedule development, project meetings, project schedule update meetings and course correction along with monthly schedule reporting.
Interact with vendors and PSEG Finance to ensure proper accounting is applied to invoices and unpaid invoices are accrued in accordance with PSEG Policies and Procedures.
Assist in project budget/forecast development; Contractor coordination; Project management assistance; Performance reporting; Project change management adherence; Risk and Contingency planning. Resource is billable 40% of there time to project controls function.
Job Responsibilities
- Candidate will perform monthly roll up reporting including peer review for consistency.
- Candidate will ensure assigned projects being executed will follow the Stage Gate process and meet the baseline schedule/cost review requirements; are executed with optimal use of resources within required timeframes, as well as within budget and scope. Prepare monthly variance analysis, prepare and submit monthly accruals, develop project forecast, prepare PCR where necessary as well as any needed cost documentation. Interact with vendors to ensure accurate and timely billing.
- Observe/guide project team members of the cost control team to evaluate processes adherence and quality for variance analysis, forecasting as well as a comprehensive cost workbook. Review contract controller work as well as assist in managing controller assignments.
- The candidate in this position will utilize their expertise to offer technical/analytical and functional support in the area of project controls configuration and reporting using department tools. Create Job Aides for Controllers and PMO group.
- Participate in Long Term Portfolio Planning with LOB and other IT Departments regarding IT Projects.
- Manage and direct that activites of team members and contractors within the EPMO Organization.
Job Specific Qualifications
Required
- BS in Engineering, Accounting, Finance, Construction, or Business discipline or in lieu of degree minimum fifteen years professional business, engineering or construction experience
- Minimum 10 years of experience with Project Controls concepts (project initiation, planning, execution, monitoring and controlling, or closeout)
- Minimum 10 years of experience with Project Cost Management (Budget development and tracking, creating forecasts, creating accruals, tracking vendors and variance reporting)
- Full proficiency and experience with Integrated Data Management Tools such as, MS Excel; SharePoint experience with computer applications, including Primavera P6, and MS Office suite (strong Microsoft Excel skills)
- Capable of delivering technical presentations to project stakeholders and management and communicating plans, ideas, and strategies to key stakeholders, including Company leadership
- Strong effective oral and written communication skills and excellent interpersonal and team-building skills
- Must be a self-starter capable of seeking out project-related information from project stakeholders and possess leadership skills in order to train and develop others and stand in for Lead Project Controls Engineer, when required
- Must take personal accountability for actions and results; strive for personal and departmental continuous improvement; focus on measurement of results and demonstrate PSEG Values & Behavior
Desired
- Advanced degree in Accounting, Finance, Engineering or MBA
- Pmi-sp Scheduling Professional Certification, or PMP
- Experience in all areas of project management
- SAP
Education
Certifications
Disclaimer
Certain positions at the Company may require you to have access to Part 810-Controlled Information. Under the law, the Company is limited in who it can share this information with and in certain circumstances it is necessary to obtain specific authorization before the Company can share this information. Accordingly, if the position does require access to this information, you must complete a 10 CFR Part 810 Export Control Compliance Nationality Request Form, a copy of which will be provided to you by Talent Acquisition if an offer is made. If there is a need for specific authorization, due to the time it takes to obtain authorization from the government, we will likely not be able to further proceed with an offer.
PSEG is an equal opportunity employer, dedicated to a policy of non-discrimination in employment, including the hiring process, based on any legally protected characteristic. Legally protected characteristics include race, color, religion, national origin, sex, age, marital status, sexual orientation, disability or veteran status or any other characteristic protected by federal, state, or local law in locations where PSEG employs individuals.
As an employee of PSEG you should be aware that during storm restoration efforts, you may be required to perform functions outside of your routine duties and on a schedule that may be different from normal operations.
For all roles, PSEG’s drug and alcohol testing program includes pre-employment testing, testing for cause, and post-incident/accident testing. For employees in federally regulated roles (including positions covered by USDOT, PHMSA, or NRC regulations), this also includes random testing. Although numerous states throughout the country have legalized marijuana/cannabis products recreationally and/or medically, it is prohibited for employees in federally regulated roles. Employees who are hired or transfer into a federally regulated role are subject to drug and alcohol testing, inclusive of marijuana. Please note that the use of CBD products may result in a positive drug test for THC/Marijuana and such use is not a legitimate medical explanation for such a positive result.
PSEG employees must apply for jobs internally through emPower which can be accessed through sharepoint.pseg.com by clicking on the emPower icon, then selecting careers. This site is strictly for candidates who are not currently PSEG employees, with the exception of PSEG employees who do not have company email addresses.
PSEG is committed to providing reasonable accommodations to individuals with disabilities. If you have a disability and need assistance applying for a position, please call 973-430-3845 or email accommodations@pseg.com.
If you need to request a reasonable accommodation to perform the essential functions of the job, email accommodations@pseg.com. Any information provided regarding a disability will be kept strictly confidential and will not be shared with anyone involved in making a hiring decision.
ADDITIONAL EEO/AA INFORMATION (Click link below)
Nearest Major Market: Newark
Nearest Secondary Market: New York City
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