Accountant

ISO New England; Holyoke (MA); On-site; USD 72,000 - 86,000; Full time

Benefits offered by this job

Tuition reimbursement and professional

Wellness programs

Onsite gym

Flexible work hours

401(k) with employer contributions

Student debt benefit

Job summary

ISO New England Inc. is seeking an accounting professional to manage daily cash activities, reconcile accounts, and support month-end close.

You will handle bank activity, journal entries, and settlement bills to market participants, collaborating with internal and external stakeholders. The role requires a Bachelor's in Accounting or an equivalent with at least one year of accounting experience and proficiency in Excel, PowerPoint, and Word; relocation is possible for the right candidate, with

Qualifications

• Bachelor’s degree in Accounting preferred.
• Associate degree in Accounting or related field may be considered with five or more years of relevant accounting experience.
• At least one year of accounting experience is required.
• Proficiency in Microsoft Excel, PowerPoint, and Word.

Responsibilities

• Reconcile cash accounts daily and investigate discrepancies.
• Review and record daily bank activity, including journal entries for cash transactions.
• Process incoming and outgoing wire payments and transfer funds between accounts as needed, including settlement wires totaling up to $8 billion annually.
• Authorize the release of settlement bills to market participants and interface market system files with the financial system.
• Prepare month-end accruals and provide close support to the Senior Accountant or Supervisor.
• Assist with regulatory and external reporting requests, including FERC filings.

Skills

Microsoft Excel

PowerPoint

Word

Education

Bachelor's degree in Accounting

Associate degree in Accounting or related field with 5+ years experience

Job description

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.

What we offer you:

• A stable, mission-driven workplace where your impact truly matters
• A highly engaged work environment that values inclusion, collaboration, and employee safety and wellbeing
• 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
  • Flexible work hours
  • Employee Business Networks
  • Free coffee at our onsite café
• Distance-based relocation assistance available

How you will make an Impact
This role is responsible for daily cash management, including reconciling cash accounts, processing accounts receivable, and supporting collection activities. The position also assists with the month-end close by preparing general ledger analyses, account reconciliations, and other accounting deliverables. Additional responsibilities include settlement billing, creating and uploading files to the market system, collaborating with internal and external customers, and supporting special projects as assigned.

• Reconcile all cash accounts daily and promptly investigate discrepancies.
• Review and record daily bank activity, including preparing journal entries for cash transactions.
• Process incoming and outgoing wire payments and transfer funds between accounts as needed, including settlement wires totaling up to $8 billion annually.
• Authorize the release of settlement bills to market participants, ensuring complete accuracy; interface market system files with the financial system; and perform tariff-directed billings, including FCM Market and other special billings.
• Prepare month-end accruals and provide close support to the Senior Accountant and/or Supervisor.
• Assist with regulatory and external reporting requests, including FERC filings.

What we are looking for

• Bachelor’s degree in Accounting preferred.
• An associate degree in Accounting or a related field may be considered with five or more years of relevant accounting experience.
• At least one year of accounting experience is required.
• Proficiency in Microsoft Excel, PowerPoint, and Word.

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 below. 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.

Salary Range

$72,000 - $86,000 USD

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.