Analyst Principal 1 - IT Finance

PSEG


Date: 8 hours ago
City: Newark, NJ
Salary: $101,600 - $160,900 per year
Contract type: Full time

Job Summary

Analysts gather and interpret data to help companies improve performance and achieve goals. They work in a variety of industries, including business, research, and security, and may use data from public and private sources. Analysts evaluate company and client needs, and review information to identify trends and areas for improvement. They gather company information and statistics, and may use statistical methods to collect data across business sectors. Analysts look for patterns in the data and use it to make decisions and changes. They may also create charts and graphs to present results to executives. They use their findings to create plans to improve processes and streamline operations. They may also work with management teams to implement changes. An important function of the Analyst role is to create and deliver reports that are easy to interpret and actionable. Analysts should have strong analytical and problem-solving skills, and be proficient in data analysis tools and techniques. They should also have excellent communication and interpersonal skills, and be able to work well independently or collaboratively.

A Principal 1 Analyst is a recognized subject matter expert who knows how to apply theory and put it into practice with in-depth understanding of the professional field with limited oversight from managers. The role leverages these insights along with research to synthesize complex ideas and insights into persuasive and actionable evidence-based recommendations that support improved workforce and outcomes. Influences others regarding policies, practices, and procedures.

The Principal 1 Analyst - IT Finance will transform raw data into actionable insight, driving transparency and accountability within IT Finance and in collaboration with Corporate Finance. Using advanced data language processors and tools, the Analyst will gather, extract, process, transform and visualize IT financial and related data to develop metrics, trends and anomalies. The Analyst will perform benchmarking of costs and participate in external benchmarking efforts that will lead continuous improvement efforts and drive cost savings initiatives. They will serve as a liaison between IT managers/leaders and Corporate Finance to ensure data completeness and accuracy.

Job Responsibilities

  • Subject Matter Expertise: Leverage insights and research to synthesize complex ideas into actionable, evidence-based recommendations.
  • Collect, research and analyze data and reports on IT budgets, including but not limited to O&M forecast, vendor spend and overall capital plans. Use external resources and build working relationships across the industry to gather data and information timely and accurately. Prepare presentations and reports for senior leadership identifying trends, anomalies, and opportunities for improvement. Present on insight and provide input on the material collected for continuous improvement. Develop regular financial reports and dashboards for use by all employees, highlighting key financial results and trends by department and leader.
  • Policy Influence: Influence others regarding policies, practices, and procedures.
  • Maintain and continuously improve IT's financial processes and materials for maximum benefit, including automation where appropriate and creating informative visualizations that intuitively display large amounts of data to tell a story. Become a leader as well as a resource within IT that teams can leverage for information and continuous improvement.
  • Leadership and Mentorship: Provide leadership and mentorship to junior analysts, guiding their development and aligning their work with organizational goals.
  • Operate Independently: Self-motivated and can operate independently, applying advanced knowledge to practice.

Job Specific Qualifications

Required

  • Bachelors’ degree in Business, Finance, Management or other analytical field
  • A minimum of 8 years experience in analytical, quantitative and qualitative analysis
  • Hands-on experience with MS products and data visualization tools (e.g., Excel, PowerPoint, Power BI)
  • Advanced experience in data mining, query and report design with the ability to create a product that can be shared with many types of audiences
  • Experience with predictive analytics tools and techniques, including Power BI and Server Management
  • Ability to develop new approaches with applicable tools to measure success
  • Detail-oriented, driven and able to effectively work independently
  • Work well with limited supervision while being responsible for project management, compliance assurance and risk mitigation
  • Ability to work effectively across department boundaries and maintain positive relationships with cross-functional partners
  • Experience collaborating with and providing thought leadership to executive leadership teams
  • Experience prioritizing and managing multiple and technically complex assignments concurrently
  • Maintain flexibility and readily adapt to dynamic priorities
  • Excellent written and verbal communication skills
  • Comfortable with public speaking and giving presentations to a variety of audiences and facilitating process improvement teams
  • Must foster an inclusive work environment and respect all aspects of diversity

Desired

  • Master’s degree
  • Experience in industry benchmarking groups and studies

Minimum Years of Experience

8 years of experience

Education

Bachelors

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 [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.

ADDITIONAL EEO/AA INFORMATION (Click link below)

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