Budget Specialist, Fuel Variance

2 weeks ago

Hicksville, United States PSEG Full time

**Requisition**: 78270

**PSEG Company**: PSEG Long Island

**Salary Range**: $ 62,700 - $ 100,100

**Incentive**: PIP 10%

**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**:
The Fuel Variance Analyst ensures that the Company consistently, appropriately, and accurately develops and maintains annual resource related operating budget, Fuel and Purchase Power (F&PP), and 8-year and 20-year projections, implements supporting plans, and monitors ongoing performance.
This position prepares and monitors that portion of LIPA’s operating budget associated with all power supply related costs, which, in aggregate, represent over 50% of LIPA’s annual revenue. The person in this position supports preparation of power supply related testimony in various proceedings including rate cases.

**Responsibilities**:

- The Fuel Variance Specialist coordinates collects and evaluates the data from forecasts and back casts of the fuel and purchase power costs prepares variance and forecasts reports and researches any significant variance from the approved budget for the current month and year to date results.Prepares summary level variance report for reporting to LIPA
- Responsible for developing and accurately calculating the monthly Power Supply Charge PSC that underpins the collection of approximately 2 billion in annual revenue as well as the 6 and 12 month rolling average PSC values used in the balanced billing program Accurate calculation is critical in order to ensure the timely recovery of costs while minimizing month to month fluctuations in customer bills due to changes in the monthly PSC which is a direct driver of customer satisfaction metrics In addition prepares month end accruals for various FPP costs and any reclass entries that may be required
- Ensures that all FPP invoices accruals and deferrals are correctly recorded in PSEG Long Islands general ledger Works with various group Power Portfolios Accounting etc to ensure all vendor invoices as well as accounting entries that impact FPP are properly coded.
- Prepares monthly update of forecasted expenditures for the department as well as an explanation of expense variances for reporting to the Budgeting and Planning Group
- Ensures that all departmental costs are charged to the correct order number.
- Reviews the month end accruals for accuracy and assists in preparing any reclass journal entries Assists in researching any invoice payment issues

**Job Specific Qualifications**:
**Required**
- Bachelor’s degree in Engineering, Finance, Accounting, Economics or Business Administration or related fields.
- Minimum of 3 years’ experience in one of the following areas: financial analysis, quantitative analysis or budget management
- Minimum three years’ experience within the utility industry in a role participating in the electric power markets, or a similarly situated government policy or regulatory body
- Experience in the development and use of complex spreadsheets
- Capacity to meet demanding deadlines and manage multiple projects
- Ability to translate data into meaningful information to manage the business
- Collaborative with colleagues at all levels towards mutual objectives
- Ability to work as an individual contributor and as a team member in a fast-paced, multidisciplinary environment.
- Demonstrated business acumen, experience bringing insightful commentary to numbers, recognition of trends.
- Excellent analytical skills, conceptual thinking - breaking complex issues into components, capturing all relevant information, utilizing specialists for support, draw conclusions
- Professional communication skills - ability to develop and share focused information to be used in good business decision making
- This position requires driving to company locations and off-site assignments and events, applicants must possess a valid US driver’s license with a safe and satisfacto

  • Budget Analyst, Fuel Variance

    2 weeks ago

    Hicksville, United States PSEG Full time

    **Requisition**: 78272 **PSEG Company**: PSEG Long Island **Salary Range**: $ 88,400 - $ 140,000 **Incentive**: PIP 10% **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:...

  • Vice President Finance

    2 months ago

    Hicksville, United States Partnership Employment Full time

    Company in Financial Services is looking for a VP: Finance Oversee the annual budget process, capital & contingency funding planning, and the strategic plan including but not limited to the economic update and forecasts over the time horizons needed to meet regulatory and internal requirements including board communications. Responsible for the completion...

  • Vice President Finance

    7 days ago

    Hicksville, United States Partnership Employment Full time

    Company in Financial Services is looking for a VP: Finance Oversee the annual budget process, capital & contingency funding planning, and the strategic plan including but not limited to the economic update and forecasts over the time horizons needed to meet regulatory and internal requirements including board communications. Responsible for the completion of...

  • Vice President Finance

    2 months ago

    Hicksville, United States Partnership Employment Full time

    Company in Financial Services is looking for a VP: FinanceOversee the annual budget process, capital & contingency funding planning, and the strategic plan including but not limited to the economic update and forecasts over the time horizons needed to meet regulatory and internal requirements including board communications. Responsible for the completion of...

  • Vice President Finance

    4 weeks ago

    Hicksville, United States Partnership Employment Full time

    Company in Financial Services is looking for a VP: FinanceOversee the annual budget process, capital & contingency funding planning, and the strategic plan including but not limited to the economic update and forecasts over the time horizons needed to meet regulatory and internal requirements including board communications. Responsible for the completion of...

  • Controller

    4 weeks ago

    Hicksville, United States Infinite Consulting Corp Full time

    **Who We Are**: Infinite Consulting Corp. is a leading project, program, and construction management firm known for our commitment to excellence. Established in 2009 Infinite specializes in safety management, quality management, project and construction management, cost estimating, CPM scheduling, and project controls. We proudly provide the highest level of...

  • Director of Cost Accounting

    7 days ago

    Hicksville, United States Marcum Search Full time

    Marcum Search is seeking a well versed, hands on Director of Cost Accounting for our large manufacturing client located on Long Island. Responsibilities include: Managing and controlling all facets of standard costing including analysis of gross margins. Budget to actual analysis with variance research. Develop costing for new products Inventory...

  • Director of Cost Accounting

    3 weeks ago

    Hicksville, United States Marcum Search Full time

    Marcum Search is seeking a well versed, hands on Director of Cost Accounting for our large manufacturing client located on Long Island. Responsibilities include: Managing and controlling all facets of standard costing including analysis of gross margins. Budget to actual analysis with variance research. Develop costing for new products Inventory...

  • Director of Cost Accounting

    4 weeks ago

    Hicksville, United States Marcum Search Full time

    Marcum Search is seeking a well versed, hands on Director of Cost Accounting for our large manufacturing client located on Long Island. Responsibilities include: Managing and controlling all facets of standard costing including analysis of gross margins. Budget to actual analysis with variance research. Develop costing for new products Inventory...

  • Director of Cost Accounting

    4 weeks ago

    Hicksville, United States Marcum Search Full time

    Marcum Search is seeking a well versed, hands on Director of Cost Accounting for our large manufacturing client located on Long Island.Responsibilities include:Managing and controlling all facets of standard costing including analysis of gross margins.Budget to actual analysis with variance research.Develop costing for new productsInventory responsibilities...

  • Director of Cost Accounting

    3 weeks ago

    Hicksville, United States Marcum Search Full time

    Marcum Search is seeking a well versed, hands on Director of Cost Accounting for our large manufacturing client located on Long Island.Responsibilities include:Managing and controlling all facets of standard costing including analysis of gross margins.Budget to actual analysis with variance research.Develop costing for new productsInventory responsibilities...

  • Director of Cost Accounting

    3 days ago

    Hicksville, United States Marcum Search Full time

    Marcum Search is seeking a well versed, hands on Director of Cost Accounting for our large manufacturing client located on Long Island.Responsibilities include:Managing and controlling all facets of standard costing including analysis of gross margins.Budget to actual analysis with variance research.Develop costing for new productsInventory responsibilities...

  • Sr. Cost Accounting Manager/Director

    4 days ago

    Hicksville, United States Marcum Search Full time

    Marcum Search is seeking a well versed, hands on Director of Cost Accounting for our large manufacturing client located on Long Island. Responsibilities include: Managing and controlling all facets of standard costing including analysis of gross margins. Budget to actual analysis with variance research. Develop costing for new products Inventory...

  • Manager Centralized Work Planning

    2 weeks ago

    Hicksville, United States PSEG Full time

    **Requisition**: 78206 **PSEG Company**: PSEG Long Island **Salary Range**: $ 114,500 - $ 188,100 **Incentive**: PIP 15% **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:...

  • accounting manager

    1 week ago

    Hicksville, New York, United States Hirani Group Full time

    Job Title ACCOUNTING MANAGER Location Hirani Corporate Office - Hicksville, NY 11801 US (Primary) Category Finance Job Type Full-time Job Description We are seeking a dynamic and detail-oriented Accounting Manager with exceptional expertise in Deltek software and a thorough understanding of Overhead (OH) rates and multipliers. The successful candidate will...

  • Field Service Technician

    1 week ago

    Hicksville, United States Abel Womack, Inc. Full time

    **Field Service Technician - Forklift and Automation Mechanic** **Hicksville, NY and surrounding towns** **LIFE IS SHORT - WORK SOMEWHERE AWESOME!** **Our VISION is “To have so much game everyone wants to partner with us!” Come join our team!** Do you have prior experience working as a forklift technician, or have skills similar to an auto mechanic,...

  • Ophthalmologist Specialist Veterinarian Job, Hicksville, New York, USA

    2 months ago

    Hicksville, United States The Vet Service Full time

    Job Details: Our client has a fantastic opportunity for an Ophthalmologist Veterinarian to join their emergency/critical care and specialty referral practice. They are on the lookout for exceptional team members who share their commitment to making a meaningful impact. Their focus is on providing outstanding patient care, fostering empathetic communication...

  • Field Service Technician

    1 week ago

    Hicksville, New York, United States Abel Womack, Inc. Full time

    Field Service Technician - Forklift and Automation MechanicHicksville, NY and surrounding townsLIFE IS SHORT - WORK SOMEWHERE AWESOMEOur VISION is "To have so much game everyone wants to partner with us" Come join our teamDo you have prior experience working as a forklift technician, or have skills similar to an auto mechanic, diesel, marine, aviation,...

  • HVAC Site Superintendent

    1 month ago

    Hicksville, United States ACS System Associates Full time

    Job DescriptionJob DescriptionWe are hiring! ACS System Associates, Inc. established in 1983 is one of ENR top rated MBE privately held HVAC Commercial Companies. ACS is renowned for projects such as World Trade Center, Brooklyn Navy Yard, Stony Brook Hospitals, and a wide variety of both private and public work projects in the Greater New York area...

  • Site Superintendent

    3 weeks ago

    Hicksville, United States ACS System Associates Full time

    Job DescriptionJob DescriptionWe are hiring! ACS System Associates, Inc. established in 1983 is one of ENR top rated MBE privately held HVAC Commercial Companies. ACS is renowned for projects such as World Trade Center, Brooklyn Navy Yard, Stony Brook Hospitals, and a wide variety of both private and public work projects in the Greater New York area...