Manager Utility Modernization & Growth

Requisition:  81540

PSEG Company:  Public Service Electric & Gas Co.

Salary Range: $ 129,000 - $ 211,900

Work Location Category: Hybrid Flexible

 

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

PSE&G’s strategic growth organization is leading the next phase of business development and expansion within the utility.   The Manager – Utility Modernization and Growth identifies, investigates and assesses growth opportunities that align with PSEG growth strategy, and helps to assess their viability from a strategic and financial perspective. Develops and maintains effective strategic relationships with key stakeholders, both internally and externally. Prepares and presents information to senior leadership for consideration of opportunities for strategic business planning.

Job Responsibilities

• Develops and leads the growth strategy, prioritization, and plan for creating new growth opportunities up to execution for the PSE&G Utility business. Identifies, analyzes, and compares alternative opportunities for entering new markets and adopting new technologies. Anticipates opportunities and trends in the business line, market sector, and adjacent market sector.
• Performs project management functions by partnering with cross-functional teams comprised of individuals from Finance, Valuation/M&A, Legal, Engineering, L&P, Operations and Construction to assess potential opportunities. Works collaboratively with the leaders of these organizations to ensure high performance and continuous learning in both directions. Presents opportunities to Directors and Utility Officers.
• Develops and maintains effective strategic relationships with all key stakeholders including industry contacts, potential external business partners, senior leadership and relevant political and regulatory bodies.
• Develops a deep understanding of PSE&G's business model and competitive positioning as well as the federal and state requirements to inform recommendations through benchmarking, research groups, and Utility industry committee participation.
• Participates in speaking and industry engagements including conferences, communities of interest, professional associations, etc.