Lead Finance Partner, Capital Management

Holyoke, Massachusetts, United States

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.
• 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,…