Lead Finance Partner, Capital Management

ISO New England Inc.; Holyoke (MA); Hybrid; USD 130,000 - 160,000; Full time

Benefits offered by this job

Hybrid work (3 days onsite)

Tuition reimbursement

Professional development

Wellness programs

Onsite gym

Onsite café

Relocation assistance

Job summary

ISO New England Inc. is seeking a Lead Finance Partner, Capital Management to lead budgeting, forecasting, and governance for the capital program. You will partner with the PMO to ensure accurate financial information, drive reporting, and manage capitalization in line with GAAP.

The role oversees capital budgets, project-level funding, and ROI analyses, while coordinating with IT and procurement to optimize costs and governance. A senior level with strong modeling and ERP experience is expected.

Qualifications

• Bachelor’s degree in Accounting, Finance, Business or related field.
• 7+ years of experience in financial management, accounting, budgeting, financial planning & analysis, or capital project finance.
• Experience managing capital budgets and/or project financials is strongly preferred.
• Experience partnering with project management, IT, or PMO organizations preferred.
• Strong understanding of accounting principles and capital expenditure accounting.
• Advanced Excel and financial modeling skills.
• Experience with ERP systems and financial reporting tools.
• Strong analytical, organizational, and communication skills.
• Ability to manage multiple projects and competing priorities while maintaining attention to detail

Responsibilities

• Coordinate annual capital budgeting and planning process with Finance, PMO, and leaders.
• Develop and maintain capital budgets, including project-level budgets and funding requirements.
• Review proposed capital projects for financial completeness and alignment with funding.
• Maintain capital budget structure and governance framework.
• Support management in evaluating capital investment requests including ROI and funding requirements.
• Serve as Finance partner to the PMO and participate in capital project governance.
• Establish consistent financial reporting requirements across the portfolio.
• Work with project managers to ensure accurate, timely financial information.
• Provide financial input into status reviews, stage-gate processes, and change requests.
• Manage vendor performance and contract change requests with Procurement and Finance.
• Help establish standards for project cost tracking, forecasting, and reporting.
• Maintain forecasts for capital expenditures, completion costs, commitments, and remaining budgets.
• Monitor contract commitments, budget impacts of change orders, and alignment with funding.
• Partner with PMO to understand status, scope changes, cost pressures, and budget impacts.
• Analyze capital spending, budget-to-actual performance, forecast variances, and trends.
• Provide management with timely reporting, dashboards, and variance explanations.
• Prepare financial analyses, models, and presentations for senior leadership and committees.
• Support long-range capital planning and funding assessments.
• Apply GAAP capitalization governance and ensure proper classification and capitalization of expenditures.
• Coordinate project closeouts and asset transfers; support audits related to capital projects.

Skills

Advanced Excel

Financial modeling

ERP systems

Financial analysis

Capital budgeting

Capital projects

Communication skills

Project management

Education

Bachelor’s degree in Accounting, Finance, Business

Tools

ERP systems

Financial reporting tools

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.

The Lead Finance Partner, Capital Management serves as the primary Finance partner to the PMO. While the PMO is accountable for project scope, schedule, execution, vendor management, and project risks, this role provides financial leadership over budgeting, forecasting, accounting, capitalization, cash flow management, financing considerations, and financial reporting to ensure the organization's capital investments are effectively governed, funded, and reported throughout the project lifecycle.

Reporting to the Director of Accounting, the position provides financial discipline and transparency across the capital program while partnering closely with the PMO on project planning, status reporting, forecasting, and governance. The role is responsible for ensuring that approved capital budgets are accurately established, monitored, forecasted, and reflected appropriately in the financial records.

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
• Hybrid work environment (3 days/week onsite)
• Distance-based relocation assistance available

How You Will Make An Impact

• Capital Budgeting & Planning
  • Coordinate the annual capital budgeting and planning process in partnership with Finance, the PMO, and business/project leaders.
  • Develop and maintain capital budgets, including project-level budgets, funding requirements, timing, and anticipated spend.
  • Review proposed capital projects for financial completeness, consistency, and alignment with approved funding.
  • Maintain the capital budget structure and approval governance framework.
  • Support management in evaluating capital investment requests, including life-to-date cost, operating and maintenance impacts, return on investment, funding requirements, and strategic alignment.
• PMO Partnership
  • Serve as the Finance business partner to the PMO and participate in capital project governance processes.
  • Establish consistent financial reporting requirements and processes across the capital project portfolio.
  • Work with project managers to ensure project financial information is accurate, timely, and actionable.
  • Provide financial input into project status reviews, stage-gate processes, and project change requests.
  • Manage vendor performance, deliverables, and contract change requests in coordination with Procurement and Finance.
  • Help establish standards for project cost tracking, forecasting, and reporting.
• Capital Forecasting & Financial Management
  • Maintain forecasts for capital expenditures, project completion costs, commitments, and remaining budgets.
  • Monitor contract commitments, evaluate budget impacts of change orders, and ensure funding and forecast alignment.
  • Partner with project managers to understand project status, scope changes, cost pressures, delays, and budget impacts.
  • Analyze capital spending, budget-to-actual performance, forecast variances, and project financial trends.
  • Provide management with timely reporting, dashboards, variance explanations, and identification of emerging financial risks and opportunities.
  • Prepare financial analyses, models, and presentations for senior leadership, governance committees, and Board Committees.
  • Support long-range capital planning and future funding requirement assessments
• Accounting & Financial Reporting
  • Apply capitalization governance in accordance with GAAP, company accounting policies, and internal controls.
  • Partner with Accounting to ensure capital expenditures are properly classified, recorded, and capitalized.
  • Coordinate project closeouts, including asset transfers, capitalization entries, and budget reconciliations.
  • Support internal and external audits related to capital projects and fixed assets.
• Controls & Process Improvement
  • Establish and maintain effective controls over capital budgeting, forecasting, reporting, and project financial management processes.
  • Identify opportunities to improve capital planning, forecasting, reporting, and project closeout processes.
  • Develop and maintain documentation, procedures, and financial standards related to capital projects.
  • Ensure compliance with company policies and delegated approval authorities.
  • Assist in implementing or enhancing systems used to manage capital budgets and project financial information.

What We Are Looking For

• Bachelor’s degree in Accounting, Finance, Business, or related field.
• 7+ years of experience in financial management, accounting, budgeting, financial planning & analysis, or capital project finance.
• Experience managing capital budgets and/or project financials is strongly preferred.
• Experience partnering with project management, IT, or PMO organizations preferred.
• Strong understanding of accounting principles and capital expenditure accounting.
• Advanced Excel and financial modeling skills.
• Experience with ERP systems and financial reporting tools.
• Strong analytical, organizational, and communication skills.
• Ability to manage multiple projects and competing priorities while maintaining attention to detail
• Success in this position will be demonstrated by:
  • Accurate and timely capital budgets and forecasts.
  • Clear visibility into project spending, commitments, remaining budget, and projected final costs.
  • Consistent financial reporting across the capital portfolio.
  • Strong partnership between Finance and the PMO.
  • Early identification of project cost risks and budget pressures.
  • Appropriate accounting and capitalization of project expenditures.
  • Effective controls over the organization’s capital investment program.
  • Improved transparency and accountability for capital spending.

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

$130,000 - $160,000 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.