Sr Staff Accountant
Company: Public Service Enterprise Group
Location: Newark
Posted on: May 14, 2022
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Job Description:
Requisition ID: 67386
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.
Job Summary
Performs complex accounting activities for electric & gas utility
revenue and energy costs in accordance with Generally Accepted
Accounting Principles, Regulatory requirements, and Company
policies and standards in order to properly account for the
regulated utility's financial position and ensure that it complies
with all relevant regulations, laws, and reporting requirements.
This includes performing and preparing complex calculations and
schedules and resulting journal entries in areas such as:
* Revenue cycle transactions including unbilled accruals and bad
debt expense computations and providing support for electric and
gas customer transactions;
* Accounting for electric & gas energy costs. Complete
calculations, journal entries and schedules for PSE&G's BGS and
BGSS purchases transactions. Perform PJM bill accounting. Partner
with various PSE&G departments to work on emerging items in
these areas.
* Accounting for Regulated Renewable Programs. Calculate
amortization, deferral and interest on these programs. Provide
accounting guidance for emerging issues in these programs. May also
include new/emerging regulatory programs within the regulated
utility.
* Various Regulatory assets and liabilities accounting. Complete
calculations of deferral, interest, roll forward schedules for
various regulatory assets and liabilities. Ensure proper accounting
and reporting presentation including balance sheet and cash
flows.
Job Responsibilities
Other responsibilities include providing support for:
* Schedules and disclosures required for inclusion in PSEG's annual
Form 10K and quarterly 10Q's as filed with the Securities &
Exchange Commission
* Schedules and disclosures required for inclusion in PSE&G's
annual FERC Form 1 as filed with the Federal Energy Regulatory
Commission and other filings with government oversight
agencies.
* The Company's Sarbanes-Oxley internal control environment by
ensuring proper controls environment and compliance.
* Actual vs prior year analytics on various Income Statement and
Balance Sheet accounts. Provide support to the External Reporting
Department to complete 10Q/K Notes, MD&A and Press Release
Attachments.
* Support Actual vs. Plan variance process by preparing monthly
financial report and analysis and supporting schedules provided
monthly to senior management.
* Coordinate internal and external audit requests. Support the
Sarbanes Oxley control environment by ensuring proper controls
compliance.
* All necessary account analyses and reconciliations.
* Ad Hoc special projects
* Interacting with business leaders and associates and work
collaboratively in a team environment
Job Specific Qualifications
Required Skills, Competencies, Education and Experience:
* Bachelor's degree in Accounting, or CPA designation with a degree
in related field.
* Minimum 5 years of relevant accounting experience.
* Knowledge of SAP.
* Demonstrated accounting skills, PC skills, written and verbal
communication skills and analytical abilities.
* Advanced Excel skills utilizing V-lookup and pivot tables and
advanced formulas.
* Demonstrated ability to work independently, accomplish tasks and
resolve issues with a sense of urgency under tight timelines.
Desired Skills, Competencies, Education and Experience:
* Utility accounting knowledge.
* CPA and/or advanced degree.
* SAP experience in financial statements preparation and
analysis
Minimum Years of Experience
5 years of experience
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 (http://www.pseg.com) 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.
Need to request an accommodation?
If you have a disability and need assistance submitting your
resume, applying for a position or registering for a test, please
call 973-430-3845. Any information provided regarding a disability
will be kept strictly confidential and will not be shared with
anyone involved in making a hiring decision.
Nearest Major Market: Newark
Nearest Secondary Market: New York City
Job Segment: Law, ERP, Accounting, Compliance, SAP, Legal,
Technology, Finance
Keywords: Public Service Enterprise Group, Newark , Sr Staff Accountant, Accounting, Auditing , Newark, New Jersey
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