Financial Analyst

Are you interested in joining a dynamic company at the center of New England’s clean energy transition? ISO New England is on the forefront of the transformation to a clean energy grid in the Northeast via its role of operating the power grid 24/7 and designing and administrating the region’s wholesale electricity markets to ensure reliable, competitively priced electricity for New England. Work in a diverse, inclusive and engaging work environment that enables employees to have meaningful impact through the achievement of individual, team and organizational strategies and objectives. To be successful in this role you will have enthusiasm for understanding our critical role in New England and contribute to the success of our organization in fulfilling its mission.

The Financial Analyst will work collaboratively with managers and others in the organization to understand their business and resourcing needs in preparing budgets and forecasts, and will develop communications for results to senior management, board of directors, regulators, and customers to keep these groups informed of financial spending needs and developments. In addition, they will independently prepare regulatory and tax filings to ensure company compliance with authorities, will work closely with ISO New England project management to report the benefits and financial impact for a portfolio of capital expenditure projects, which enhance the performance of ISO New England operations, and will complete other ancillary department functions and various ad-hoc requests for information.

How You Will Make an Impact:

• Coordinate with and guide department managers to successfully prepare timely and detailed budgets/forecasts, with an emphasis on Information Technology business units, and analyze budget submissions to determine trends and take corrective action in spending and successfully document results
• Take ownership of tracking and reporting on a multi-million dollar portfolio of capital projects for communication in annual budgets, monthly financial reports, and quarterly filings with utility regulator
• Provide accurate reporting of financial results for internal and external audiences to communicate the company’s financial structure, performance, projections and fluctuations in spending
• Utilize your data and analytical skills to develop automated solutions, and communicate trends and insights to management for recommending actions to improve operational and financial performance
• Prepare and/or coordinate annual and quarterly regulatory and tax filings
• Serve as the primary backup for the Supervisor, Budget and Financial Reporting

What We Are Looking For:

• Bachelors Degree in Accounting or Finance, CPA a plus
• Six or more years of previous work in Accounting or Finance position(s)
• Experience in accounting, financial reporting, budgeting and forecasting, with an understanding of the flow of financial information is necessary in addition to strong analytical skills and a high level of attention to detail
• An understanding of Generally Accepted Accounting Principles especially in relation to internal development costs and knowledge of activity based accounting is desired
• This individual should be well organized and be able to effectively multitask and meet deadlines, and apply decision making skills when ambiguity arises
• Advanced skills in Microsoft Excel, proficiency in PowerPoint, and Word, and five-plus years experience with Accounting and/or ERP systems
• Strong business writing skills to provide information to the reader in a clear, concise, and effective manner

Other Desirable Skills:

• Experience in the electrical utility industry including preparation of FERC Form 1/3Q and knowledge of not-for-profit tax reporting and preparation (IRS Form 990)
• Experience with Generally Accepted Accounting Principles (GAAP) rules for capitalizing costs and managing the tracking and reporting of a portfolio of capital projects
• Experience with data analytics tools (BI) and utilizing Systems Applications to automate reporting to drive improved accuracy and efficiency

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From Holyoke, MA, ISO New England oversees the 24/7 operation of the power grid that covers the six-states of New England and administers the region’s $15+ billion “stock exchange” for the buying and selling of wholesale electricity. The power system is constantly evolving as new technologies emerge and energy policies evolve. There is a lot happening at our organization behind the scenes to make sure the grid continuously yields reliable electricity at competitive prices while addressing the clean energy transition here in New England. COME JOIN US in making an impact within the region!

To learn more about what we offer our employees visit:
Mission, Vision, and Values
Living in Western New England
What we Offer
Diversity and Inclusion
Careers

COVID-19 Policy: Employee safety and well-being is a priority at ISO New England. To safeguard our teams and the important work they do, ISO New England has a mandatory COVID-19 vaccination policy.
Equal Opportunity: We are proud to be an EEO/AA employer. Applicants for employment are considered without regard to race, creed, color, citizenship, religion, sex, sexual orientation, marital status, national origin, age, disability, status as a veteran, Vietnam Era Veteran, or being a member of the Reserves or National Guard.

Drug Free Environment:
We maintain a drug-free workplace and perform pre-employment substance abuse testing.

Social Networking Notice:
ISO New England reserves the right to review the candidate's postings on any social networking site accessible in the public domain as part of the candidate assessment process.