Job Details
PSEG
Lead Rate Analyst
Requisition ID: 70944
Job Function/Category: Finance / Accounting
Employment Type: Exempt Full Time
This is an exciting time to be joining PSEG. Our commitments, which include safety, integrity, customer focus, and diversity & inclusion, are the fabric of our culture and help drive the success of our business. We are fortunate to have an outstanding workforce of diverse and highly skilled talent who move us forward in our operational excellence journey. PSEG has more than 12,000 employees who are dedicated to the communities we serve and embody our vision: People providing Safe, Reliable, Economic and Greener Energy.
Consistent with our core commitment of safety, PSEG has made the decision to require all new hires to be fully COVID-19 vaccinated as a condition of hire employment. "Full vaccination" is defined as two weeks after both doses of a two-dose vaccine or two weeks since a single-dose vaccine has been administered. Anyone unable to be vaccinated, either because of a sincerely held religious belief or a disability can request a reasonable accommodation.
Job Summary
Job Responsibilities
The responsibilities of this position are to help shape PSEG Long Island policies and positions before LIPA and New York Public Service Commission. Help identify actions emanating from New York Public Service Commission orders for New York investor owned utilities. Help other departments including IT prepare for policy and tariff changes, by writing RFS and procedure manuals. Help perform electric marginal and embedded cost of service studies with all required special studies. Updating rate case exhibits and assisting in preparing testimony for the Cost of Service Study and Rate Design. Create technical and cost analysis required to develop and gain regulatory approval for electric rates and other tariff provisions. Create internal customer communications based on proposed tariff changes. When needed create bill mockups for tariff changes.
• Explain Company proposals and underlying analysis to Company personnel and provide tariff interpretations to other Company personnel, regulatory commission staff, customers and consultants; prepare filings for miscellaneous tariff changes outside of a base rate case. Provide guidance to Operations regarding new rate structures; propose and develop technical and cost analysis methodologies / spreadsheets /models to support electric rates, and other proposed tariff provisions, including creating terms and conditions for electric customer. Assist with the development of corporate regulatory / legislative strategies; develop and write assigned sections of cost of service and rate-related testimony and recommend areas of strategy development. Draft responses to intervener interrogatories related to rate filings or issues.
• In preparation of future base rate case proceedings, the incumbent will perform electric marginal and embedded cost of service studies with all required special studies. Furthermore, they will be responsible for making changes where necessary and maintaining all the supporting work papers, as well as designing and creating new ones.
• Design and develop complex financial models that link to various business models in order to develop forecasted revenue requirements, and calculate rates and bill impacts required as part of petitions for new program development.
• Respond to various requests for ad hoc analyses and input into various presentations as it relates to rate impacts for existing or new programs or needs of the Finance department.
• Engage and assist in tariff policy discussions and assist in resolving DPS complaints related to the tariff.
Job Specific Qualifications
Required Skills, Competencies and Education
• Bachelor’s or Advanced Degree in Finance, Accounting, Political Science, Law or Engineering
• A minimum of 7 years of financial experience, or legal experience, or engineering experience or a related field
• Demonstrated analytical and problem solving abilities
• Demonstrated experience with strong skills in MS Word
• Demonstrated experience in Excel and PowerPoint
• Strong demonstrated verbal and written communication skills
• Knowledge of accounting and finance principles
Preferred skills, Desired Skills
• Expert skills in MS Word
• Demonstrated ability to summarize legal documents
• Experience working in a highly regulated field
• Experience working with a Public Service Commission
• Paralegal training
• Experience in accounting for regulated entities is a plus
This is a multli-level growth series position. Internal candidates will move laterally at their current grade level and will not be eligible for a promotion, therefore, the internal candidate must apply for the posting at their current grade level. This applies to candidates moving within the same career path (e.g., analyst, supervisor, engineer), or to a different career path (e.g., analyst to engineer, supervisor to analyst). The selected candidate will have an opportunity to be promoted within the career path during an annual review.
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.
As an employee of PSE&G or PSEG Long Island, 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.
This site ([Register to View] ) is strictly for candidates who are not currently PSEG employees. PSEG employees must apply for jobs internally through empower which can be accessed through the mypseg homepage by clicking on the employee center tab, then under the empower header, choose careers.
Business needs may cause PSEG to cancel or delay filling position at any time during the selection process.
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.
Public Service Enterprise Group (PSEG) is an equal opportunity employer, dedicated to a policy of non-discrimination in employment, including the hiring process, based on any legal protected characteristic. Legally protected characteristics included, 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.
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