Portfolio Recovery Jobs (NOW HIRING)

We want you to be healthy, balanced, and feel secure. That's why you'll enjoy a comprehensive range of benefits, with a focus on supporting your whole health. Starting on day one of your employment, you'll be offered several health-related benefits including medical, vision, dental, wellbeing and behavioral health programs. We also offer a retirement program, 401(k) with company match, company paid life insurance, tuition reimbursement and a minimum of 18 days of paid time off per year (including vacation, scheduled holidays, and floating holidays).

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

• This position provides strategic leadership and governance for the Investment Delivery Assurance organization and the broader Long Island T&D team in managing the entire capital investment plan, which exceeds $600 million annually.
• This Manager will provide financial risk assessment within all Portfolio investment decisions along with operational and analytical expertise to assist the VP of Operations with critical strategic decisions within a given capital investment cycle. 
• This position will work collaboratively with PSEG-LI senior leadership and the Manager of Investment Delivery Assurance providing decision support analysis that will drive strategic direction associated with executing the capital portfolio. 
• The governance that this role provides will assure attainment of the critical OSA metrics that drive Long Island T&D performance.

Job Responsibilities

• Include but not limited to: Lead the development of the annual and 8-year capital portfolio by collaborating with Finance, Asset Management, Engineering, Planning, Operations, and Project Management stakeholders to ensure alignment with strategic, regulatory, and operational objectives. Develop & document portfolio risk register and related risk mitigation strategies, and implement the risk mitigation plans to recover capital spend-at-risk & system risk exposure. 
• Oversees or monitors all financial risk management activities of the T&D organization.

Job Description  

• Analyze portfolio performance and identify opportunities to improve capital efficiency and delivery.
• Maintain and update capital portfolio governance policies, processes, and documentation.
• Ensure consistency and transparency in capital project intake, evaluation, approval, and performance monitoring.
• Prepare executive-level presentations and analysis to support internal and external senior leaders.
• Act as the primary point of contact for T&D capital portfolio matters and collaborate with Finance to align portfolio investments with funding availability and rate case filings.

Job Specific Qualifications Required

• Bachelor's degree with emphasis in Accounting, Finance, Engineering, Economics, Project Management, or relevant degree.
• Minimum of 10 years of portfolio planning & integration, cost control & accounting, project & portfolio management, and risk management experience that also includes performing financial, operational, quality, and/or compliance audits.
• Demonstrated leadership and technical skills with experience in change management, construction, portfolio integration, financial analysis, and work planning competencies.
• Proven experience working with financial statements, accrual accounting and performance measurement and analysis.
• Excellent oral, written, and interpersonal communications skills.
• Proven ability to interface effectively across all levels of management.

Preferred Skills

• MBA or advanced management training.
• Experience in Utility Operations; Compliance with Sarbanes-Oxley.
• Familiar with regulatory frameworks and capital recovery mechanisms in the utility industry.
• Experience implementing governance structures and continuous process improvements.
• Demonstrated success in influencing enterprise capital investment strategies.
• Experience with Financial Analysis and Managerial Accounting with SAP. Proficient with portfolio management tools (e.g., Primavera, Power BI, SAP, Spend Optimization Suite, or similar systems) preferred. PMP (Project Management Professional) certification. Certification in Risk Management (CRM, RMP, PMI-RM, etc.)