Public Service Enterprise Group - Newark, NJ

posted about 2 months ago

Full-time - Entry Level
Remote - Newark, NJ
10,001+ employees
Utilities

About the position

As an Associate Financial Analyst at PSEG, you will play a crucial role in the Corporate Real Estate Facilities & Security department by creating, managing, and presenting financial and operational reports. Your responsibilities will include assisting in business planning efforts, operational performance benchmarking, and consolidating, analyzing, and communicating information related to real property rights revenue and payments, as well as operational and capital cost projections. This position is integral to ensuring that the department's financial health is monitored and reported accurately, which will involve a variety of analytical tasks and collaboration with various stakeholders. In this role, you will perform detailed analyses of the departmental budget performance and other cost drivers, identifying business opportunities and assessing risks. You will prepare forecasts, monthly closing reports, and management reports that will be essential for decision-making processes. Additionally, you will support the development of the Corporate Real Estate business plan, including the establishment of scorecard metrics to track performance. Your analytical skills will be put to the test as you take the lead on researching and analyzing numerous business planning assumptions, ensuring that the department is well-informed and strategically aligned. You will also be responsible for processing, tracking, and reviewing invoices from vendors and customers, coordinating with them to rectify discrepancies and manage aging balances. Your role will include preparing internal reports for Service Company billing and forecasts, as well as providing lease contract management support, which encompasses tenant reimbursements and the reconciliation of building operating expense charges. Your recommendations for approval will be vital in maintaining financial integrity and operational efficiency within the department.

Responsibilities

  • Create, manage, and present financial and operational reports for the Corporate Real Estate Facilities & Security department.
  • Assist in business planning efforts and operational performance benchmarking.
  • Consolidate, analyze, and communicate information related to real property rights revenue and payments.
  • Perform analysis of departmental budget performance and identify business opportunities and risks.
  • Prepare Corporate Real Estate forecasts, monthly closing reports, and management reports.
  • Support business plan development, including scorecard metrics.
  • Research and analyze business planning assumptions.
  • Process, track, and review invoices from vendors and customers.
  • Coordinate with vendors to rectify discrepancies and manage aging balances.
  • Prepare internal reports for Service Company billing and forecasts.
  • Provide lease contract management support, including tenant reimbursements and reconciliation of building operating expense charges.

Requirements

  • Bachelor's degree in Finance, Accounting, Economics, Business, or Engineering, or 3 years of relevant experience.
  • Strong proficiency in SAP (or similar financial application), Excel, PowerPoint, and Ariba (or similar procurement application).
  • Proven analytic skills and excellent communication skills.
  • Ability to present technical information to non-technical stakeholders.
  • Ability to interact with all levels of the organization and management.
  • Ability to work independently in a high-pressure, time-constrained environment.
  • Commitment to fostering an inclusive work environment and respecting diversity.

Nice-to-haves

  • Experience with Power Plan for Real Estate taxes.
  • Familiarity with PCM and Access.
  • Knowledge of Business Warehouse.

Benefits

  • Competitive salary range of $63,500 - $100,500.
  • Incentive program with a 10% performance incentive.
  • Flexible work model with hybrid work options.
  • Career development resources and opportunities.
  • Commitment to diversity, equity, and inclusion initiatives.
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