Junior Downstream Financial Analyst – Finance degree focus

🏢 Public Service Enterprise Group (PSEG)📍 Newark, NJ, USA💼 Full-Time💻 On-site🏭 Utilities💰 60000-75000 per year

About the Company

Public Service Enterprise Group (PSE&G) is a diversified energy company based in Newark, New Jersey. A Fortune 500 company, PSE&G is one of the largest electric and gas utilities in the United States, committed to providing safe, reliable, and affordable energy services to its customers. With a strong focus on sustainability and innovation, we are investing in a clean energy future and maintaining critical infrastructure. Join our team and contribute to a company that powers lives and communities.

Job Description

We are seeking a highly motivated Junior Downstream Financial Analyst to join our dynamic finance team. This entry-level position is ideal for a recent finance graduate eager to apply their academic knowledge in a real-world corporate setting within the energy sector. The successful candidate will play a crucial role in supporting the financial planning, analysis, and reporting activities for our downstream operations. This role offers an excellent opportunity to gain hands-on experience in financial modeling, budgeting, and performance analysis, contributing directly to strategic decision-making in a leading utility company.

Key Responsibilities

  • Assist in the preparation of financial forecasts, budgets, and long-range plans for downstream business units.
  • Conduct variance analysis, identifying key drivers and trends, and provide insights to management.
  • Support the development and maintenance of financial models to evaluate investment opportunities and operational efficiencies.
  • Prepare comprehensive financial reports and presentations for internal stakeholders.
  • Collaborate with various departments to gather financial data and ensure accuracy in reporting.
  • Participate in ad-hoc financial analysis projects as required, contributing to strategic initiatives.
  • Monitor market trends and competitive landscape within the energy industry.

Required Skills

  • Bachelor's degree in Finance, Accounting, Economics, or a related field.
  • Strong analytical and problem-solving skills.
  • Proficiency in Microsoft Excel (e.g., pivot tables, VLOOKUPs, financial functions).
  • Excellent attention to detail and accuracy.
  • Ability to communicate complex financial information clearly and concisely.
  • Demonstrated ability to work effectively both independently and as part of a team.

Preferred Qualifications

  • Prior internship experience in a finance or analytical role.
  • Familiarity with financial reporting systems (e.g., SAP, Oracle Financials).
  • Basic understanding of the energy industry and utility operations.
  • Knowledge of financial modeling techniques.

Perks & Benefits

  • Competitive salary and comprehensive benefits package.
  • Generous paid time off and holidays.
  • 401(k) retirement plan with company match.
  • Health, dental, and vision insurance options.
  • Life and disability insurance.
  • Professional development and training opportunities.
  • Tuition reimbursement program.
  • Employee assistance program.
  • Vibrant and inclusive company culture.

How to Apply

If you are interested in this position, please click the "Apply Now" button below. To ensure your application is properly considered, please prepare the following:

  • An up-to-date Resume or CV
  • A brief cover letter summarizing your experience and motivation

Applications are reviewed on a rolling basis. Only shortlisted candidates will be contacted for an interview.

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