IT Contract Associate
Posted on: 30 Jan 2022
Newark, NJ
Job Description
Job Summary
This position is responsible for maintaining IT service and support agreements and managing the annual contract expense budget for IT cost center managers and the Manager IT Applications Support (Services). In addition, this position will be responsible for collaborating with IT vendors, managing the high-level relationship, and ensuring that their performance meets contractual requirements.
Job Responsibilities
Financial Management and Business Analytics:
o Manage the annual contract expense budget for IT applications and infrastructure contracts, maintenance and license agreements
o Collaborate with Procurement to renew agreements
o Perform data analysis on vendor base, vendor spend, and other key performance indicators
Vendor Management:
o Manage and track vendor spend, most notably contract financials that meet IT cost center manager’s expectations for tracking and reporting monthly O&M expenses
o Manage and track portfolio of vendor supported applications
o Collaborate with IT Vendors, managing the high-level relationships and ensuring that their performance meets contractual requirements
o Assist with managing vendor governance processes and compliance
This is a multi-level posting and placement will be dependent upon the candidate’s skills, knowledge, competencies and experience during the interview process. In addition to the requirements listed below, an IT Contract Specialist (Grade 26) must have 4 more years of financial analysis experience. For an IT Contract Senior Specialist (Grade 27) must have 5 or more years of financial analysis experience.
Job Specific Qualifications
Required:
• Bachelor’s degree. In lieu of a degree, a minimum of 3 years of experience in financial or procurement-related positions.
• Minimum of three (3) years of experience in financial or procurement-related position
• Demonstrated experience with PSEG financial management (e.g., SAP, Ariba, etc.) systems
• Demonstrated experience with Microsoft Office, including Word, PowerPoint, and other PC and accounting-related software and systems
• Excellent communication and consultative skills, analytical ability, sound judgment, attention to detail, and organizational skills
• Demonstrated ability to foster working relationships with vendors
• Strong understanding of Company and IT standards, policies, practices, guidelines, and processes in scope for this position
Desired Qualifications:
• Advanced degree e.g. Master’s degree in business or accounting
• Demonstrated experience managing or administering complex IT contracts
PSEG
Newark, NJ
The Public Service Corporation was formed in 1903, by amalgamating more than 400 gas, electric and transportation companies in New Jersey. Thomas McCarter was named the Corporation's first president and held the position until 1939.
Internally, Public Service consolidated its gas and electric interests into Public Service Electric and Gas, and its transportation interests into Public Service Coordinated Transport (later Transport of New Jersey). Concerns about the concentration of economic power resulted in federal and state actions requiring the breakup of utilities. In 1943, Public Service once again became a stand-alone company, and was renamed Public Service Electric and Gas Company (PSE&G) in 1948
PSEG as 100 People
PSEG has 13,000 employees across multiple states representing varied backgrounds and expertise. But could you conceptualize what a snapshot of PSEG would look like as just 100 people? That’s just what the PSEG Foundation set out to do when it partnered with the 100 People Foundation.
Using the 100 People Foundation philosophy and methodology, we set out to meet the 100 people who could best represent our company. The result was a diverse group of employees who helped create a community that represents PSEG by job type and companywide statistics. Employees from varied positions, levels and tenure were nominated by their peers as the people they most admire.
Some of the employees chosen to help represent PSEG as 100 people served in the military, where they learned about great teamwork, or are the third generation of their family to work for PSEG. More than one nominee was the first member of their family to attend college. It is this diverse culture that makes us who we are: a great place to work and a committed member of the communities we serve.
As part of the 100 People Foundation’s larger global initiative, our project will be used to teach students about what an energy company looks like and where energy comes from.
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IndustryEnergy/Utilities
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No. of Employees12,945+
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Website
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Jobs Posted430
