Senior Accountant

The posting, as New York ISO wrote it

The New York Independent System Operator (NYISO) manages the efficient flow of electricity on more than 11,000 circuit-miles of high-voltage transmission lines, dispatching power from hundreds of generating units across the state.

This position leads the organization’s daily financial reporting, regulatory reporting and budgetary analysis processes. Financial Reporting includes preparation and analysis of company financial statements in accordance with GAAP, as well as company financial statements in accordance with NYISO Tariff requirements, and benefit plan specific financial statements. Regulatory Reporting includes preparation of Internal Revenue Service tax returns, Federal Energy Regulatory Commission (FERC) financial reports, and other Federal and State financial reports.

In addition, this position is a leadership role for NYISO’s budget preparation and monitoring processes, working with NYISO’s business owners on analyses of spend patterns and budgetary funding needs. Interacts routinely with Manager of Accounting, Controller & Assistant Treasurer, and Chief Financial Officer positions. Occasionally supervises Accountants in their daily activities.

ESSENTIAL DUTIES and RESPONSIBILITIES ESSENTIAL DUTIES and RESPONSIBILITIES

• Prepare journal entries and provide correct supporting documentation
• Prepare account reconciliations for assigned general ledger accounts on a daily/and or monthly basis depending on the account.
• Prepare schedules for inclusion in Monthly Financial Report.
• Cross-train other Accounting and Senior Accounting staff on direct responsibility and accept cross-training from other members of the Accounting team.
• Assist Finance Management in the development of administrative policies and procedures.
• Suggest process enhancements along with improvements to internal control structure.
• Lead and participate in coordination of internal and external audits. Maintain confidentiality of designated information.
• Assist with special projects as assigned and complete other financial analysis and reporting, as requested.

Budget Preparation and Analysis Process

• Coordinate all activities needed for development of NYISO’s annual budget.
• Compile budget requests from departmental representatives, and prepare financial analyses of budget trends and historical data.
• Manage the review of NYISO’s budget vs. actual monitoring processes.
• Obtain updated budget projections, trends, and other data from department representatives.
• Prepare budget vs. actual status reports for review by Senior Management and Market Participants.
• Prepare the monthly project budget vs. actual reconciliation and accordingly prepare the capitalized software entry that result from the reconciliation. Assist in the preparation for month-end close.
• Specifically review the prepaid and accrued expense schedules.
• Coordinate with Manager to prepare the annual income tax return (Form 990).
• Review with external auditors before s

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s Intermediate competency in Windows operating environment using MS Office applications, e-mail and internet programs. Knowledge of Oracle Financials desirable.

PHYSICAL DEMANDS PHYSICAL DEMANDS

While performing the duties of this job, the employee is regularly required to talk or hear. The employee frequently is required to stand, walk, sit and use hands to perform routine office tasks. The employee is occasionally required to reach with hands and arms. The employee must occasionally lift and/or move up to 15 pounds. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

WORK ENVIRONMENT

The noise level in the work environment is usually moderate. Contact with staff and public will occur. Travel may be required to attend and/or conduct meetings, conferences and training. This position may require work on nights, weekends or holidays. At the NYISO, we realize the importance of balancing the availability of remote work with the inherent value of bringing people together to attain success in the areas of maximum collaboration, relationship building and growth, teamwork, innovation and problem solving, as well as professional development and mentoring. In this role, you will be required to work onsite from our Rensselaer, NY location several days per workweek, with the option to work remotely on the remaining days. You will also be expected to respond to all business needs that may require any increase to the regular onsite requirements.

The NYISO takes pride in recruiting, developing and retaining highly talented individuals. In addition to competitive salaries, we offer a comprehensive benefits package and innovative reward programs.

All offers of employment will be made contingent upon the successful completion of a drug screening and background check.

The NYISO is an Equal Opportunity Employer and as such, does not discriminate in its hiring or employment practices
Salary Range
$80,800 — $135,000 USD