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.
This position will be responsible for daily cash management including daily reconciliation of all cash accounts, accounts receivable processing and collections as well as assisting in the month end close, preparing general ledger analysis and account reconciliations and other general accounting responsibilities. This position will also be responsible for settlement billing including creating and uploading files into the market system, and daily interactions with both internal and external customers and other projects as assigned.
What we offer you:
- Relocation - 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
- Responsible for daily reconciliation of all cash accounts
- Reviewing and recording all cash transactions processed through the bank on a daily basis, including creating journal entries to book cash transactions
- Processing incoming and outgoing wire payments, moving funds between accounts as needed, including settlement wires which amounts are up to a total $8 billion/year
- Authorizing the release of the settlement bill to Participants which indicates 100% accuracy, interfacing Market System Files to the Financial System, and performing various other billings directed by the tariff such as FCM Market or other special billings
- Preparing accruals for the month-end close and provide support to the senior accountant and/or supervisor
- Assisting in reports needed from different agencies including FERC filings or outside request
- Bachelor’s degree in accounting
- Will consider an associate’s degree in related areas, if the candidate has 5 or more years’ experience working as an accountant
- Minimum 1 year of accounting experience is preferred, but not required
- Proficient in Microsoft Excel, Power Point, and Word.
- Excellent written and verbal communication skills
This employer will not sponsor applicants for work visas for this position (ex: H-1B, F-1/CPT/OPT, O-1, E-3, TN, J, etc.).
The expected salary range for this position is $72,000 - $85,000 per year. This role is also eligible for an annual performance bonus, comprehensive health insurance (medical, dental and vision), flexible spending and health savings accounts, a 401(k) plan with generous employer contributions and a student debt benefit, life and AD&D insurance, disability insurance, critical illness and hospital indemnity benefits, paid time off, paid leave, a wellness program, an employee assistance program and other great company perks.
#LI-ONSITE
This is a U.S. based role. If the successful candidate resides outside of the U.S., relocation will be required.
Equal Opportunity: We are proud to be an EEO employer. Applicants for employment are considered without regard to race, color, religion, creed, sex (including pregnancy, childbirth, and related medical conditions), gender identity or expression, sexual orientation, citizenship, national origin, age, ancestry, marital status, disability (including learning, mental, intellectual, and physical), service in the uniformed services, genetic information, or any other status protected by applicable law.
Drug Free Environment: We maintain a drug-free workplace and perform pre-employment substance abuse testing.