Budget Analyst

LIPAPRD•Town of Oyster Bay, NY

37d•Hybrid

About The Position

PSEG-LI seeks a Budget Analyst to join the Capital Budget Management team within the Planning and Reporting group. The Planning and Reporting group is responsible for managing financial results for the Long Island Power Authority ("LIPA") in accordance with the Operating Service Agreement ("OSA"), which includes the monthly and annual operating and capital plan, forecast process and providing analytical support for senior management and line of business Director/Managers. The role operates in a fast-paced, results-oriented environment, and should have the ability to influence the decisions of senior business leaders through effective verbal and written communication, logical reasoning, and the presentation of alternatives. The successful candidate must be able to think and act both strategically and tactically. This role reports to the Capital Budget Manager.

Requirements

Bachelor's Degree or Advanced Degree in Accounting or Finance and a minimum of 2 years of financial planning and analysis experience OR a Bachelor's Degree in another field of study with 4 years of financial planning and analysis experience.
Demonstrated knowledge in accounting, budgeting and financial practices.
Excellent PC skills with a working knowledge of Microsoft Office, including Word, PowerPoint, and other database software. Expert user of Excel.
Excellent written and verbal communication skills, ability to interact with internal and external providers/users of financial information
Successful candidate must demonstrate and value differences in others' strengths, perspectives, approaches, and personal choices
Department of Energy's regulation 10 CFR 810 is required.

Nice To Haves

Strong analytical skills with the ability to collect, organize, analyze, and disseminate significant amounts of information with attention to detail and accuracy
Ability to present and interact with senior personnel
Ability to work in a highly regulated field
Ability to work in a team environment
Shares knowledge
SAP experience a plus
Hyperion experience a plus
Experience in a utility's Finance or Regulatory department a plus
Knowledge of Smartsheets a plus

Responsibilities

Active involvement in the PSEGLI capital Utility Review Board (“URB”) process, including but not limited to URB meetings, reviewing URB document submittals, URB activity monitoring and tracking, URB administrative tasks, etc.
Management and administration of the capital project justification description (“PJD”) document process, both internally within PSEGLI and with our primary client LIPA during the annual capital budget development process and continually throughout the year as necessary.
Work closely with the Investment Delivery and Assurance (“IDA”) team and line of business capital project stakeholders on capital request funding matters.
Assist in preparing, planning and monitoring the capital budgets along with forecasts for the PSEG-LI business units in order to ensure financial targets are met.
Ensure capital and URB compliance with LIPA, NYS Department of Public Services (“DPS”) and other relevant entities as necessary.
Lead the variance analysis and query investigation, utilizing financial systems, for financial activity and ensure accurate allocation of costs.
Capital expense reporting and analysis of actual results versus plan and projected year-ends ("PYE").
Partner, liaise and develop positive working relationships with primary client (LIPA), financial and operating areas and corporate department to obtain information required to meet responsibilities and respond to inquiries.
Proactively build and maintain internal and external networks in order to penetrate, absorb and apply technical/professional best practice to own area of responsibilities.
Implement new business processes and streamline and improve current business processes.
Provide financial planning assistance for all aspects of the capital budget development process, including SAP and financial systems set-up and maintenance as necessary.
Assist in the provision of key business and financial guidance to the organization (budgeting and forecasting).
Analyze and interpret financial results and forecasts (variance analysis, P&L impact).
Drive Business Process implementation and improvement.
Participate on cross-functional teams to solve business issues.
Assist on special projects as required.