Company

PSEGSee more

addressAddressNewark, NJ
type Form of workFull-Time
CategoryEngineering/Architecture/scientific

Job description

Requisition: 76681

PSEG Company: Public Service Electric & Gas Co.    

Salary Range: $ 152,300 - $ 250,100 

Incentive: PIP 25%   

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.

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 reports to the Vice President – Renewables & Energy Solutions (RES). Leads, directs and oversees the Project Management Office program’s financial and operational controls:  cost, investment, energy saving, and reporting for all RES programs/Projects to meet all BOD/SET and regulatory requirements.  Programs include:  1) 11+ Energy Efficiency programs, 2) Solar and Energy Storage programs, and 3) Electric Vehicle Programs. 

The RES Portfolio consists of a $500M annual spend, growing to over $1B annually in the next few years.   In 2025, new rules that are based on the Clean Energy Act will become effective that include  incentives and penalties to PSE&G earnings; these rules are based on 6 metrics and will need to be actively managed by the PMO. Responsible for developing achievable annual and strategic investment plans in conjunction with Corporate Finance and program implementation teams.  Directs the overall strategic integration and resource balancing of the portfolio to deliver predictable and accurate project financial results and energy savings including cash forecasts, budgets and PO management. 

Job Responsibilities
  • Lead and direct the Project Management Office program controls, energy  savings, costs, and reporting of all programs and their alignment with the financial and operating objectives of the Corporation. Oversee the preparation of SAP budget and strategic plan and support the execution of the overall RES portfolio (growing to >$1B annual spend). Deliver predictable and accurate project financial results including cash forecasts, cost and energy savings. Support program team and regulatory groups in the filing, execution, and reporting of rates and special filings.
  • Develop, direct and implement appropriate PMO strategies to support program execution of the RES portfolio. Lead the strategy for aggregating, integrating, and balancing resources to execute the program portfolio within approved budgets and schedules.  Continually monitor, adjust and reconcile updated forecasts to annual SAP plan to ensure that portfolio funding levels are consistent with corporate financial and operating objectives. Ensure development and accurate reporting of project  / program status, milestones, and cash flows to executive management. Ensure that project activities are conducted in compliance with PSEG business controls and standards.
  • Recruit, develop, motivate and retain high performance associates. Provide leadership to the development of the Project Management Office Team.  Provide accurate and timely feedback regarding employee and contractor/augment performance and metrics.             
  • Regularly interface with Senior Leadership while representing RES on issues and initiatives related to the portfolio.  Direct and oversee the preparation of key project documentation for dissemination and disclosure with Senior Leadership of regulatory agencies (BPU) and local, state and federal governmental officials.
  • Lead the development and execution of Project Control and Risk Management strategies to optimize project / program performance from initiation to closeout. Drive and support the appropriate progression of estimates, forecasts, RES 930 reviews, and appropriate documentation for Utility and Corporate capital review boards.
  • Lead the development and implementation of strategic initiatives to improve processes, practices and procedures that impact portfolio execution. 
  •  In 2025, new rules that are based on the Clean Energy Act will become effective that include  incentives and penalties to PSE&G earnings; these rules are based on 6 metrics and will need to be actively managed by the PMO. Responsible for developing achievable annual and strategic investment plans in conjunction with Corporate Finance and program implementation teams.  Directs the overall strategic integration and resource balancing of the portfolio to deliver predictable and accurate project financial results and energy savings including cash forecasts, budgets and PO management.
  • Directs the development and implementation of portfolio controls and risk management programs, processes and practices applicable to both individual programs as well as the entire portfolio. Oversees and ensures the development and application of quality and standards programs, including the automation of related project reporting and interfaces though various  information technology systems (Statewide Coordinator, SAP, eTrack+, Power BI, data lake, etc.). Continuously reviews the scope, energy savings, investment, cost and risk of the programs in the portfolio, to identify and develop early indicators and alternatives to help control and facilitate any changes to assigned programs as they progress to achieve program targets and budgets. documentation, and corresponding policies & procedures.
Job Specific Qualifications

Required

  • Bachelors Degree with 10 or more years of relevant work experience
  • Proven leadership ability, demonstrated high level management skills in coaching and development

Desired

  • Master's degree preferred
Minimum Years of Experience
10 years of experience
Education
Bachelors
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.

 

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. All drug and alcohol testing for federally regulated roles is inclusive of marijuana. Employees who transfer into a federally regulated role are subject to drug and alcohol testing, inclusive of marijuana.

 

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 (PSEG Careers and Job Openings) 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)

Know your Rights: Workplace Discrimination is Illegal

Pay Transparency Nondiscrimination Provision

Refer code: 7754035. PSEG - The previous day - 2024-01-07 11:37

PSEG

Newark, NJ
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