United States only10837 Sr Principal Prj Controls Eng - Cost SAP
Apply now »Date: May 12, 2025
Location:Newark, NJ, US
Company: PSEG
Requisition: 80779
PSEG Company: PSEG Services Corp.
Salary Range: $ 117,900 - $ 219,100
Work Location Category: Hybrid Fixed
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 are roles that have specific onsite requirements and are typically onsite daily.
Hybrid fixed are roles that are a blend of onsite work/in-person interactions with some ability to work remotely and require employees to live within a commutable distance and be onsite fixed days each week.
Hybrid flexible are roles that can be performed remotely but require some level of onsite work/in-person interactions on a regular basis, require employees to live within a commutable distance and, since business needs vary by position and may change over time, managers will set expectations and flexibility regarding where and when work is performed.
Fully remote are roles that can be performed remotely, require employees to live in approved states and will have purpose-driven in-person interactions on occasion.
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, well-being 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
The associate in this position will provide technical/analytical and functional support in the area of project cost controls, to include accounting creation, monitoring, forecasting and close out for the Enterprise IT Project Controls Group. They must possess skills and expertise in the following areas: budget development, forecasting, spreadsheets, schedule monitoring work in progress, resource optimization.
Ensure system work is accomplished with optimal use of both internal and external resources within required timeframes as well as within budget and scope. Work with departmental managers and technical leads to develop workload forecasting using work management system data, historical data, economic indicators, and project schedules. Project management responsibilities include WBS development, Schedule development, project meetings, project schedule update meetings and course correction along with monthly schedule reporting.
Interact with vendors and PSEG Finance to ensure proper accounting is applied to invoices and unpaid invoices are accrued in accordance with PSEG Policies and Procedures.
Assist in project budget/forecast development; Contractor coordination; Project management assistance; Performance reporting; Project change management adherence; Risk and Contingency planning.
Job Responsibilities
- Candidate will perform monthly roll up reporting including peer review for consistency.
- Candidate will ensure assigned projects being executed will follow the Stage Gate process and meet the baseline schedule/cost review requirements; are executed with optimal use of resources within required timeframes, as well as within budget and scope. Prepare monthly variance analysis, prepare and submit monthly accruals, develop project forecast, prepare PCR where necessary as well as any needed cost documentation. Interact with vendors to ensure accurate and timely billing.
- Observe/guide project team members of the cost control team to evaluate processes adherence and quality for variance analysis, forecasting as well as a comprehensive cost workbook. Review contract controller work as well as assist in managing controller assignments.
- The candidate in this position will utilize their expertise to offer technical/analytical and functional support in the area of project controls configuration and reporting using department tools. Create Job Aides for Controllers and PMO group.
- Participate in Long Term Portfolio Planning with LOB and other IT Departments regarding IT Projects.
- Manage and direct that activites of team members and contractors within the EPMO Organization.
Job Specific Qualifications
Required
- BS in Engineering, Accounting, Finance, Construction, or Business discipline or minimum six years professional business, engineering or construction experience
- Minimum 5 years of experience with Project Controls concepts (project initiation, planning, execution, monitoring and controlling, or closeout)
- Minimum 5 years of experience with Project Cost Management (Budget development and tracking, creating forecasts, creating accruals, tracking vendors and variance reporting)
- Full proficiency and experience with Integrated Data Management Tools such as, MS Excel or Smartsheet; SharePoint experience with computer applications, including Primavera P6, and MS Office suite (strong Microsoft Excel skills)
- Capable of delivering technical presentations to project stakeholders and management and communicating plans, ideas, and strategies to key stakeholders, including Company leadership
- Strong effective oral and written communication skills and excellent interpersonal and team-building skills
- Must be a self-starter capable of seeking out project-related information from project stakeholders and possess leadership skills in order to train and develop others and stand in for Lead Project Controls Engineer, when required
- Must take personal accountability for actions and results; strive for personal and departmental continuous improvement; focus on measurement of results and demonstrate PSEG Values & Behavior
Desired
- Advanced degree in Accounting, Finance, Engineering or MBA
- Pmi-sp Scheduling Professional Certification, or PMP
- Experience in all areas of project management
- SAP
