THOMAS A. STEVENSON, JR.
1032 Hedding-Jacksonville Rd
609-977-8078 Bordentown, NJ 08505-4107 tstevensnj@comcast.net
Business and Financial Analyst, Project Management Specialist, and Project Engineer with over twenty years of technical and corporate experience in power engineering, strategic power generation planning, resource allocation, investment risk management, and project planning, evaluation, and development for a multi-billion dollar capital and operating budget.
OBJECTIVE
A position with a competitive utility service provider or power generation company in project development, financial and technical project analysis, strategic planning, resource allocation, investment risk mitigation, and project management.
SKILLS AND COMPETENCIES
Ø Creative problem-solving and strong writing skills. Experienced in developing and streamlining processes and writing procedures for investment planning, risk mitigation, project development, and due diligence.
Ø Strong analytical and troubleshooting skills. Capable of analyzing cross-departmental process flows to iden-tify and remedy points of conflict, flawed control, management risk, and financial and regulatory exposure.
Ø Skilled in recognizing opportunities to automate planning and analytical processes and in developing and using computer tools for project cost analysis, performance modeling, risk mitigation, and other functions.
Ø Committed to protecting the interests of stakeholders and investors. Skilled in using quality business and financial practices and complying with financial regulations and standards for ethical business conduct.
Ø Solid hands-on power engineering background. Able to assess projects on their technical viability and risk as well as their strategic value and enhance the certainty of investment decisions.
Ø Skilled communicator and team worker. Experienced in building coalitions and coordinating resources across departments and lines of business to plan, develop, and present projects for executive review and approval.
Ø Skilled in the use and training of project modeling, evaluation, analytical, and management tools including PAM, PEEM, SAP, and Corporate Models Adaytum and COGNOS Alignment.
EMPLOYMENT HISTORY
PSEG Power LLC Newark, NJ
Business Analyst, Generation Planning and Construction Departments 1992 to Present
Supported the planning, estimating, development, performance evaluation, economic analysis, due diligence, and executive review and approval of routine and emergent power generation projects. Tracked and reported the opera-tional and financial performance of the company's fossil power generation assets. Participated in the five-year plan-ning and allocation of a five-year $2.5 billion capital and operating budget.
Major Projects and Selected Accomplishments:
Ø Developed and provided corporate planners with contemporary cost and performance analysis methodologies and tools for purposes of evaluating project investments.
Ø Worked as key contributor with the Sarbanes-Oxley Group to develop and institute fixed asset allocation proc-esses and controls that complied with the financial reporting and accountability provisions of the act.
Ø Supported senior management in investment decision making. Evaluated and presented generation projects for review and approval to senior management.
Ø Worked with and supported generating assets in planning, evaluating, and preparing proposed capital and operating budgets. Supported vice presidents in the review and approval of proposed generation budgets.
Ø Worked with and coordinated departments and groups including Construction, Estimating, Project Develop-ment, Licensing and Permitting, and Fossil Operations to prepare projects for executive approval.
Ø Created management processes and wrote procedures for the development, assessment, risk management, due diligence, and executive review and approval of routine and emergent power generation projects.
Ø Developed processes and tools, evaluated strategic project plans, and managed investment risk for all Fossil Generating Units during PSEG's Fossil Resource Allocation from 1997 to 2004.
Ø Created and tested 27 generation scenarios and compared their long-term impacts on system capacity, production costs, and emissions in support of the Fossil Production Asset Management Study in 1995 and 1996.
Ø Conducted major studies to support New Jersey State regulatory review requirements for both the Electric Utility Rate Case and the PSEG Integrated Resource Plan from 1992 through 1994.
Ø Evaluated strategic short-term and long-term generation project plans and recommended the best alternatives based on optimizing the allocation of current and future resources.
Ø Developed and provided training to lines of business in resource allocation, Sarbanes-Oxley compliance, project evaluation, modeling, and forecasting, SAP systems, and Capital Review Board presentation.
Ø Performed a financial analysis of the Hudson Generating Station Environmental Strategy and presented rec-ommendations to Senior Vice Presidents in 1992 and 1993.
PSE&G Fossil Power Generation Newark, NJ
Project Engineer, Engineering and Construction Departments 1989-1992
Planned, estimated, designed, developed, implemented, and tested instrumentation and control systems necessary to improve power plant operations and process efficiencies. Responsible for risk assessment, equipment specification, product cost and performance evaluation, proposal development, cost tracking, scheduling, reporting, post evaluation, and project management. Coordinated engineering and craft labor to ensure completion on time and within budget.
Major Projects and Selected Accomplishments:
Ø Reviewed and analyzed equipment specifications and presented data supporting recommendations for major plant components utilized in the construction of the Bergen Station Repower Project in 1991 and 1992.
Ø Coordinated the design and implementation of control equipment upgrades for the New Jersey Water Pollution Discharge Elimination System at all New Jersey Fossil Power Plant locations from 1989 to 1991.
Ø Completed a redesign of the Station Control Room and made substantial improvements on critical electric generating unit systems during PSEG's Mercer Station Rehabilitation Project from 1989 to 1991.
EDUCATION
Centenary College, Hackettstown NJ — Master of Business Administration 2003 - 2005
College of New Jersey, Ewing, NJ — Bachelor of Science, Electronics Engineering 1985 - 1988
Burlington County College, Pemberton, NJ — Associate of Applied Science, Electronics Technology 1981 - 1984
PSEG Professional Courses — Project Management and Supervisor Skills Workshops; Assertive Management Train-ing; Effective Communications; Systematic Analysis of Ideas; Public Utility Finance and Accounting; Generation Eco-nomics; Engineering Economics; and Project Economic Evaluation Model Workshop.
Power Technologies Inc., Schenectady, NY — Power System Planning Techniques; Generation Finance and Risk Management.
Rider University, Lawrenceville, NJ — Marketing Principles, Management and Organizational Behavior.
Represented PSEG Power at numerous conventions and seminars conducted by the New Jersey Association of En-ergy Engineers, Competitive Power Congress, Power-Gen Americas, Electric Utility Consultants, Executive Enter-prises, Electric Power Research Institute, and other professional organizations.
PROFESSIONAL MEMBERSHIPS AND AFFILIATIONS
Member, Institute of Electrical & Electronics Engineers (IEEE)
Member, Instrument Society of America (ISA)
Chair, PSEG Fossil Production Department Employee Advisory Committee
Member, PSEG Political Action Committee
Member, PSE&G Speakers Bureau
Vice President, Treasurer, and Secretary, Jacksonville Volunteer Fire Company