Controller and Director of Accounting

ISO New England Inc.•Holyoke, MA

13d•$230,000 - $280,000•Hybrid

About The Position

ISO New England is the independent system operator responsible for ensuring the safe and reliable flow of electricity in our region and planning for the future of the electric grid. We are at the forefront of New England’s ongoing transition to clean energy. Controller reports to the CFO and is responsible for the oversight of the accounting, treasury management, and Payroll of the Company. This position is also responsible for the administration of the ISO Billing Policy. Controllership – Develops short to mid-term (1-3 years) plans for optimizing the organization, function, or sub-function and the talent required to execute strategies in finance area. Responsible for accounting operations, systems, analysis and report preparation thru the day–to–day Operations of Accounting Department and Payroll. This position will require in-depth accounting expertise to ensure all systems are functioning properly and in accordance with GAAP (Generally Accepted Accounting Principles) as well as strong technological, organizational and problem-solving skills. What we offer you: Hybrid work environment (2-3 days/week onsite) Distance-based relocation assistance available Competitive compensation with a base salary + performance bonus Robust benefits package, including: Enhanced 401(k) and financial planning support Tuition reimbursement and professional development Wellness programs, including an onsite gym Free coffee at our onsite café Flexible work hours Employee Business Networks A stable, mission-driven workplace where your impact truly matters

Requirements

Bachelor’s degree in accounting.
15+ years of experience in general ledger analysis, performing general ledger close, complete financial statement preparation from general ledger to completed statements and footnotes, working with an automated general ledger system, account reconciliation, full understanding of responsibilities under the finance department purview and overseeing payroll
10+ years in a supervisory role.
CPA
Comprehensive knowledge of accounting principles and practices
Knowledge of accounting in accordance to Generally Accepted Accounting Principles (GAAP) and Financial Accounting Standards Board (FASB)
Strong technological, organizational and problem-solving skills
Strong writing and verbal skills are preferred, as the role includes communicating with colleagues and clients from a wide range of backgrounds
Highly professional demeanor and adherence to established policies
Attention to detail is critical, ability to maintain confidentiality, and meet deadlines

Nice To Haves

MBA is desirable

Responsibilities

Responsible for the day – to – day Operations of Accounting and Payroll Department
Overseeing accounting supervisor on accounts payable processing; Cash Management; Accounts Receivable; Asset Management; compliance; settlement billing; general ledger, Sarbanes Oxley 302 and 404 reporting
Monthly, quarterly and yearly financial reporting, including preparing and or reviewing financial statements, Board & Nepool Budget and Finance Reports
Prepare Board/Audit and Finance Committee presentations
Ensure accurate and timely payroll processing, payroll tax filings, and compliance with federal, state and local regulations
Review payroll reports for accuracy and reconcile payroll-related accounts
Ensure and review all other FERC required filings related to Finance are completed accurately and timely, including Quarterly Capital Funding Tariff Filing, FERC Forms 3Q and Form 1, FERC 582
Develop and maintain banking relationship, participates in investing funds of the company, supports key banking and cash management activities with a focus on cash flow
Responsible for the Company’s debt structure and treasury function for existing and to secure new financing as needed for the Company – includes preparing RFP; working directly with banks and other lending institutions including outside agencies (e.g. Mass Development Financing Agency); creating timelines and plans commensurate with FERC deadlines and capital needs; reviewing all loan documents; coordinating with outside legal counsel; preparing materials to update to Audit & Finance Committee as required
Directs the Company’s establishment and implementation of accounting policies and procedures. Overseeing the financial aspect of the business and offering insight to guide important high-level decisions.
Formulates, recommends and implements changes to accounting and billing policy and update policy/procedure documentation.
Ensures compliance to ISO-NE’s Purchasing Policies as it relates to accounts payable, to ISO-NE’s Billing Policy, NEPOOL Agreement, ISO-NE tariffs.
Ensure conformity with and understanding of Accounting Policy and Procedures, compliance requirements, and Company Policies and Procedures
Responsible for the ISO-NE Business Procedures function for accounts payable, cash, settlement billing, and various accounting functions. Develop and implement best practices, procedures, and policies for procurement and review procedures quarterly
Manage all accounting and payroll staff, including consultants, temporary administrative services, and interns, determine and review functional requirements and training needs