Manager Utility Modernization & Growth
Date: Mar 11, 2025
Location: South Plainfield, NJ, US
Company: PSEG
Requisition: 81540
PSEG Company: Public Service Electric & Gas Co.
Salary Range: $ 129,000
- $ 211,900
Work Location Category: Hybrid Flexible
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 are roles that have specific onsite requirements and are typically onsite daily.
Hybrid fixed are roles that are a blend of onsite work/in-person interactions with some ability to work remotely and require employees to live within a commutable distance and be onsite fixed days each week.
Hybrid flexible are roles that can be performed remotely but require some level of onsite work/in-person interactions on a regular basis, require employees to live within a commutable distance and, since business needs vary by position and may change over time, managers will set expectations and flexibility regarding where and when work is performed.
Fully remote are roles that can be performed remotely, require employees to live in approved states and will have purpose-driven in-person interactions on occasion.
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, 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 (including vacation, scheduled holidays, and floating holidays).
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
PSE&G’s strategic growth organization is leading the next phase of business development and expansion within the utility. The Manager – Utility Modernization and Growth identifies, investigates and assesses growth opportunities that align with PSEG growth strategy, and helps to assess their viability from a strategic and financial perspective. Develops and maintains effective strategic relationships with key stakeholders, both internally and externally. Prepares and presents information to senior leadership for consideration of opportunities for strategic business planning.
Job Responsibilities
- Develops and leads the growth strategy, prioritization, and plan for creating new growth opportunities up to execution for the PSE&G Utility business. Identifies, analyzes, and compares alternative opportunities for entering new markets and adopting new technologies. Anticipates opportunities and trends in the business line, market sector, and adjacent market sector.
- Performs project management functions by partnering with cross-functional teams comprised of individuals from Finance, Valuation/M&A, Legal, Engineering, L&P, Operations and Construction to assess potential opportunities. Works collaboratively with the leaders of these organizations to ensure high performance and continuous learning in both directions. Presents opportunities to Directors and Utility Officers.
- Develops and maintains effective strategic relationships with all key stakeholders including industry contacts, potential external business partners, senior leadership and relevant political and regulatory bodies.
- Develops a deep understanding of PSE&G's business model and competitive positioning as well as the federal and state requirements to inform recommendations through benchmarking, research groups, and Utility industry committee participation.
- Participates in speaking and industry engagements including conferences, communities of interest, professional associations, etc.
- Oversees the Utility benchmarking team
- Develops and maintains an environment that promotes diversity, integrity, team work, and excellence that enables PSEG to be the leader in developing, owning, operating and maintaining safe and reliable utility assets in the U.S. Ensures employees are engaged, motivated and aligned in their efforts through active engagement, listening, acknowledgement and timely, constructive feedback. Maintains an environment of team work and camaraderie that leads to engagement, career fulfillment, loyalty and high performance.
Job Specific Qualifications
- BA/BS degree
- A minimum of 8 years’ experience in either M&A/Business Development or Finance or related experience
- Knowledge of New Jersey regulatory framework
- Experience in the utility/energy sector
- Strong financial skills
- Proven team player
- Excellent written (including PowerPoint) and oral communications skills
- Ability to establish oneself to management as the subject matter expert and provide sound advice and guidance
- Ability to take lead in project management and prioritize tasks
- Proven ability to influence others
- Willing to challenge others but in a constructive, objective way
- Ability to work with employees at all levels
Desired:
- Advanced degree in finance or MBA a plus.
- Experience conducting strategic and financial analyses.
- Understands the rules around competitive transmission growth for the RTO/ISO organizations and in non-ISO markets
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.
If you are a current PSEG employee and if you are offered an opportunity with PSEG Long Island, you will be treated as a new hire. Please note that as a new hire to the Long Island subsidiary, your benefits will change and generally will be consistent with other similarly situated PSEG Long Island new hires. Similarly, for PSEG Long Island employees who accept job opportunities with PSEG or any of its subsidiaries (other than PSEG Long Island), their benefits would change and generally be consistent with other similarly situated new hires of that company.
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.
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 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.
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.
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Nearest Secondary Market: Newark
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