Lead Regulatory Analyst PSEG LI

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

As a key member of the Regulatory Requirements Department, the Lead Regulatory Analyst will report to the Regulatory Requirements Manager. The selected candidate will be someone who is highly motivated and an analytical thinker, working through complex problems in order to reach justifiable conclusions to support their team, by utilizing hands-on experience and gaining an in-depth understanding of the utility business revenue model and Regulatory accounting principles. Provide support to meet business goals and objectives.
Multitasking abilities are a plus, due to the fact that they will be wearing different job hats from day-to-day.

Job Responsibilities

Job Responsibilities include but are not limited to:

• Assist in the monthly revenue and expense analysis, variance explanations and forecasting.
• Prepare and document annual budget model, including gaining advanced understanding of all components of the budget and their correlation to specific areas of the business.
• Develop expertise as a subject matter expert in the calculation and analysis of uncollectible reserve.
• Perform ad hoc analyses of revenue and expenses related to a wide variety of inquiries from upper management.
• Identify areas for process improvements through automation (e.g. excel formulas/macros/Hyperion/Tableau/Access) to reduce manual errors in monthly revenue reporting process and annual revenue budgeting process.
• Assists with various audit tasks, including providing support/and or documentation for internal and external audit and various ad-hoc reports needed.
• Assist in creation of rate case schedules to be prepared and be provided to our regulator. Responds to and resolves issues and requests from other business areas and client (LIPA) regarding various regulatory inquiries. Researches open regulatory inquiries and supporting documentation.

Job Specific Qualifications

Required Qualifications:

• Bachelor's or Advanced degree in Accounting, Finance, Business or Economics
• Minimum of 7 years of Financial Analysis/Accounting experience
• Strong analytical and problem solving abilities
• Must be proficient in Microsoft suite
• Demonstrated strong communication skills and the ability to interact with all levels of management
• Strong analytical skills, with the ability to think from an objective perspective
• Ability to make sound judgments within established policies and procedures as well as challenge current processes in order to achieve greater efficiencies
• Strong organizational skills and project management skills

Desired Qualifications:

• Experience using of SAP and Hyperion
• Experience in a utility and/or highly regulated industry

Minimum Years of Experience

7 years of experience

Education

Bachelor's

Certifications

None Noted

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 [email protected].

If you need to request a reasonable accommodation to perform the essential functions of the job, email [email protected]. 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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