Sr Regulatory Analyst
Date: Mar 1, 2023
Location: Newark, NJ, US
Company: PSEG
Requisition: 73960
PSEG Company: PSEG Services Corp.
Salary Range: $ 78,600 - $ 149,400
Incentive: PIP 10%
Work Location Category: Remote Local
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.
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
This position is responsible for getting the rules and strategy correct in a changing regulatory and restructured environment that will shape the Company's future. The position is responsible for proactively identifying emerging regulatory issues and for the development of solutions and strategies that complement the business. The incumbent is to become established as a key player in regulatory matters and as an advisor to senior management and lines of business management with respect to strategic regulatory opportunities and challenges.
Job Responsibilities
- Perform regulatory studies, including accounting, tax, financial and economic analyses.
- Consult with and respond to inquiries of senior management, regulatory agencies (BPU, DEP FERC) and Division of the Rate Counsel regarding regulatory matters.
- Design, develop and maintain complex financial models that link to various business models in order to develop forecasted revenue requirements, calculate rates and bill impacts.
- Research, monitor, analyze and prepare written reports on regulatory and market activities.
- Act in the role of project manager for specific segments of regulatory filings.
- Coordinate line of business responses and prepare written testimony / exhibits / regulatory schedules / clauses / special regulatory audits and all post-filing implementation activities.
- Review and reconcile monthly, quarterly and annual financial information for filing with the NJBPU. Participate in working groups on specific regulatory issues and legislation. Participate in and/or monitor regulatory hearings, proceedings, and meetings.
Job Specific Qualifications
- Bachelor’s Degree
- At least 5 years of related work experience.
- Basic understanding of the utility business, the regulatory process, economic and/or financial analysis and accounting concepts.
- Proficient in quantitative analysis and spreadsheet modeling.
- Good oral and written communication skills.
- Planning & organization skills.
Desired Skills, Competencies, Education or Experience:
- Prior experience and understanding of the regulatory process in an electric/gas utility distribution environment
- MBA or advanced degree in accounting, economics or finance
Minimum Years of Experience
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.
Candidates must foster an inclusive work environment and respect all aspects of diversity. Successful candidates must demonstrate and value differences in others' strengths, perspectives, approaches, and personal choices.
As an employee of PSE&G or PSEG LI, 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.
Certain positions at the Company may require you to have access to 10 CFR Part 810 controlled information. If the position does require access to this information, the Talent Acquisition representative will provide further details upon making 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.
Business needs may cause PSEG to cancel or delay filling position at any time during the selection process.
This site (http://www.pseg.com) is strictly for candidates who are not currently PSEG employees. 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.
PEOPLE WITH DISABILITIES:
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
Job Segment:
Compliance, Recruiting, Law, Environmental Engineering, Regulatory Affairs, Legal, Human Resources, Engineering