Accountant (Accounting Policy & Research) - Intermediate or Senior

ITC Holdings Corp; Novi (MI); Hybrid; USD 65,000 - 90,000; Full time

Job summary

ITC Holdings Corp is seeking an Accountant in Novi, MI, offering a hybrid work arrangement. The role focuses on GAAP, SEC, and FERC research, with duties spanning retirement and postretirement plan accounting, share-based compensation, derivatives, and contingent liabilities.

The candidate will document conclusions, participate in new accounting pronouncements, support Sarbanes-Oxley compliance, and assist with complex transactions and contract reviews to ensure proper accounting treatment.

Qualifications

• Bachelor's degree in Accounting or Finance or equivalent.
• 2 years of accounting for intermediate level; 5 years for senior level.
• Public accounting experience and CPA preferred.

Responsibilities

• Supports GAAP, SEC, and FERC accounting research and policy development.
• Performs accounting and financial reporting for benefit plans and other technical areas.
• Documents conclusions in accounting research and policy memoranda.
• Participates in implementing new accounting pronouncements with cross-functional teams.
• Assists with SOX compliance and consulting on complex transactions.
• Reviews contracts for financial implications, including embedded derivatives and leases.
• Coordinates with actuaries and prepares audit materials for employee benefit plans.

Skills

Accounting research

Excel proficiency

Financial reporting

Education

Bachelor's degree in Accounting or Finance

Tools

Microsoft Excel

Financial systems

Job description

Accountant (Accounting Policy & Research) - Intermediate or Senior

Novi, MI, United States (Hybrid)

Job Description

JOB SUMMARY

Performs technical accounting research activities in accordance with Generally Accepted Accounting Principles (GAAP), Securities and Exchange Commission (SEC), and Federal Energy Regulatory Commission (FERC) requirements. Helps identify accounting implications in support of regulated businesses as well as development initiatives. Performs accounting and financial reporting activities for retirement and postretirement benefit plans, share-based compensation accounting, derivative accounting, accounting for contingent liabilities, and other technical accounting areas.

ESSENTIAL DUTIES & RESPONSIBILITIES

• Supports the accounting research function for new transactions, including complex transactions such as leases, financial instruments, consolidations, and joint ventures; documents conclusions in accounting research and policy memoranda.
• Participates in the implementation of new accounting pronouncements including participation in cross-functional teams to assess the impact of and implement new accounting guidance.
• Performs accounting and financial reporting for retirement and postretirement benefit plans; works as a key team member to develop assumptions for actuarial valuations, coordinates with actuaries, and participates in the preparation and audit of the employee benefit plans.
• Performs accounting and financial reporting for other complex technical accounting areas including share-based compensation, derivatives and hedging, contingent liabilities, leases, and others.
• Provides support to parent company, Fortis Inc., on complex accounting matters, implementation of new accounting standards, and ITC's accounting policies for various technical areas.
• Performs initial review of new contracts to assess financial and accounting implications, including embedded derivatives, and leases to ensure accounting is in accordance with GAAP and FERC standards.
• Assists with assessing and implementing technology solutions to support the accounting for complex transactions, as needed.
• Supports/coordinates Sarbanes Oxley compliance for certain accounting and research areas.

Supports special projects and ad-hoc requests as needed.

REQUIREMENTS

• Bachelor's degree in Accounting or Finance or relevant, equivalent experience and/or education.

Minimum Experience Requirements:

• Intermediate level: Minimum of two (2) years of experience in accounting.
• Senior level: Minimum of five (5) years of experience in accounting.

Other Requirements:

• Public accounting experience preferred.
• CPA preferred.
• Accounting research experience preferred.
• Experience with Sarbanes Oxley compliance preferred.
• Ability to research and analyze various types of data; highly organized and attentive to detail.
• Proficient knowledge of FASB, GAAP, and SEC authoritative literature.
• Strong written, verbal, and interpersonal communication skills.
• Possesses sound analytical problem-solving skills to resolve complex accounting and other issues.
• Above average ability to utilize technology to complete daily assignments.
• Above average knowledge of Microsoft Excel and financial systems.
• Applicants must be authorized to work in the United States for any employer. ITC does not sponsor employment visas, such as H-1B or TN visas.

About Us

Make a Power Move - For the Greater Grid: Reliable. Resilient. Ready.

As AI innovation, automation and economic growth reshape the way we live and work, the demand on our power infrastructure is growing fast. At ITC, we’re building the greater grid that’s ready for today’s technology and tomorrow’s possibilities.

Our people bring the power - fueling innovation and strengthening the grid every day. We’re looking for individuals who are ready to make a power move and help us build a greater grid for a more reliable and affordable energy future.

ITC offers industry-leading compensation, benefits and opportunities to channel your energy into solutions. We foster a culture of belonging - where every voice is valued, differences are celebrated and everyone has the opportunity to thrive. Make a power move today.

Job Info

• Job Identification 501152
• Job Category Accounting
• Posting Date 07/22/2026, 07:51 PM
• Locations 27175 Energy Way, Novi, MI, 48377, US (Hybrid)