Sr. Principle Project Controls Engineer - Cost

80293 Sr Principal Prj Controls Eng - Cost

Location: Newark, NJ, US

PSEG Company: PSEG Services Corp.    

Salary Range: $ 114,500 - $ 188,100 

Incentive: PIP 15%   

Work Location Category: Hybrid  

https://jobs.pseg.com/job/Newark-Sr-Principal-Prj-Controls-Eng-Cost-NJ-07101/1233982800/

 

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.

 

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, and 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.

 

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. Resource is billable 40% of there time to project controls function.
• 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 func