Requisition: 74704
PSEG Company: Public Service Electric & Gas Co.
Salary Range: $ 121,300 – $ 242,600
Incentive: PIP 20%
Work Location Category: Remote Local
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 Manager of Gas Supply Acquisition will develop and execute the gas commodity supply policy and strategy for PSE&G. This involves developing and executing all aspects of the Basic Gas Supply Service (BGSS) gas supply procurement process, representing the Company in external regulatory forums, monitoring the accounting of associated revenues and costs, administering the terms of the BGSS contract with the Company’s gas supplier(s), providing policy guidance regarding the details of the procurement costs, gas supply tariff provisions and customer rates – resulting in the procurement of ~$1B of natural gas annually for PSE&G gas customers. Responsible for developing and executing the Company’s policy for the procurement of natural gas from third-party entities seeking to interconnect and sell gas supply to PSE&G, including the process to monetize and account for renewable attributes. Monitors and participates in gas market policy stakeholder processes that may impact PSE&G gas supply procurement.
Job Responsibilities
- Developing and executing all aspects of the Basic Gas Supply Service (BGSS) procurement process (which procures gas supply for PSE&G customers), including the development of the annual BGSS filing and all related regulatory support and strategy, including representing the Company in regulatory proceeding(s) and coordinating regulatory positions across NJ Gas Distribution Companies; providing policy direction to other internal departments concerning the accounting of BGSS revenue and costs, the filing of the monthly BGSS rates, and payments to BGSS supplier(s);insuring compliance with all requisite regulations, Board Orders and contract terms; and monitoring changes in the gas supply market, and changes to gas utility default supply procurement, and assessing risks and impact to BGSS procurement.
- Develops and manages policy, accounting, and terms of agreements associated with the purchase of natural gas from third-party entities seeking to interconnect with the PSE&G gas system (and selling their output and/or renewable attributes to PSE&G or other entities operating in our system). Represents Company in discussions with entities proposing interconnection and sale of gas supply, and coordinates PSE&G positions regarding same. Monitors federal and state regulatory policy associated with utility-required purchases of gas supply, and coordinates internally to influence the same. Develops and executes processes to account for and/or monetize renewable attributes.
- Establishes gas supply policy related to PSE&G’s Tariff for Gas Service and other PSE&G manuals or directives. Coordinates with PSE&G’s Energy Supply Administration group, the Gas Supply Operations Center, and other PSE&G organizations, as well as Legal and the Company’s BGSS supplier(s). Represents Company in external forums concerning gas supply policy.
- Responsible for insuring gas supply procurement positions are included within Company positions and agreements associated with Contract Service Gas (CSG).
Job Specific Qualifications
Required:
- BA or BS in Business, Finance, Accounting, Economics, Engineering or relevant degree.
- 7+ years of utility experience.
- Superior communications and analytical skills.
- Knowledge and experience with utility tariff and regulatory processes, and knowledge of the gas supply market operations.
Desired:
- MBA or advanced degree in economics, engineering, accounting or finance. Knowledge of NJ regulatory policies/procedures/rules. Understanding of gas supply technologies and interconnection policies and practice. Accounting/financial experience
- 7+ years of related industry experience
Minimum Years of Experience
7 years of experience
Education
Bachelor in Accounting or Economics
Bachelors in Business or Engineering
Certifications
None Noted
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.
Candidates must foster an inclusive work environment and respect all aspects of diversity. Successful candidates must demonstrate and value differences in others’ strengths, perspectives, approaches, and personal choices.
As an employee of PSE&G or PSEG LI, 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.
Certain positions at the Company may require you to have access to 10 CFR Part 810 controlled information. If the position does require access to this information, the Talent Acquisition representative will provide further details upon making an offer.
PSEG is an equal opportunity employer, dedicated to a policy of non-discrimination in employment, including the hiring process, based on any legally protected characteristic. Legally protected characteristics include 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.
Business needs may cause PSEG to cancel or delay filling position at any time during the selection process.
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 sharepoint.pseg.com by clicking on the emPower icon, then selecting careers.
PEOPLE WITH DISABILITIES:
PSEG is committed to providing reasonable accommodations to individuals with disabilities. If you have a disability and need assistance applying for a position, please call 973-430-3845 or email accommodations@pseg.com. If you need to request a reasonable accommodation to perform the essential functions of the job, email accommodations@pseg.com . Any information provided regarding a disability will be kept strictly confidential and will not be shared with anyone involved in making a hiring decision.
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Nearest Major Market: Newark
Nearest Secondary Market: New York City
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