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ISO New England

Nonprofit electric grid and wholesale market operator

Accountant

Financial AccountingConfirmed live in the last 24 hours
Full-timeHolyoke, MA, USA

About the Job

Requirements

  • At least one year of accounting experience is required.
  • Proficiency in Microsoft Excel, PowerPoint, and Word is required.

Responsibilities

  • 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 Federal Energy Regulatory Commission filings.
  • Process accounts receivable and support collection activities.
  • Support settlement billing, create and upload files to the market system, collaborate with internal and external customers, and support special projects as assigned.

Desired Qualifications

  • A bachelor's degree in Accounting is preferred.
  • An associate degree in Accounting or a related field may be considered with five or more years of relevant accounting experience.

About the Company

ISO New England

Nonprofit electric grid and wholesale market operator

ISO New England is an independent nonprofit that operates the regional power grid and administers wholesale electricity markets across New England. Its engineers coordinate power flows across the region's high-voltage transmission network, while analysts plan for future demand and changes in electricity resources. An independent board oversees the organization, which works with utilities, power producers, market participants and state officials. Service fees collected from wholesale market participants and transmission customers cover its operating costs under federal regulation. Established in 1997, ISO New England is headquartered in Holyoke, Massachusetts.

Company size
501-1,000
Company stage
Not listed
Total funding
Not listed
Headquarters
Holyoke, MA
Founded
1997

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