ISO New England Inc. · 1 day ago
Controller and Director of Accounting
Holyoke, MA
Full-time
Hybrid
Director/Executive
$230K/yr - $280K/yr
15+ years expISO 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. The Controller and Director of Accounting is responsible for overseeing the accounting, treasury management, and payroll functions of the company, ensuring compliance with financial regulations and optimizing financial operations.
Energy
No H1B
Hiring Manager
Tricia Arling
Responsibilities
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
Qualification
Required
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
Preferred
MBA is desirable
Benefits
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
Other great company perks
Company
ISO New England Inc.
Keeping the power flowing reliably and at competitive prices to the homes, businesses, and industries across the six diverse states of New England is a complicated, demanding, and ever-evolving job.
501-1000 employees
Funding
Current Stage
Late StageLeadership Team
Vamsi Chadalavada
Executive Vice President and Chief Operating Officer
Recent News
2025-12-09
Company data provided by crunchbase