ITC Holdings Corp. · 1 day ago
Manager, Accounts Payable
Novi, MI
Full-time
Hybrid
Mid, Senior Level
7+ years expITC Holdings Corp. is committed to building a reliable and resilient power infrastructure. The Manager, Accounts Payable will oversee the accounts payable workflow, ensuring compliance with established controls and best practices while managing the month-end accounting close for accounts payable.
ElectronicsEnergyEnergy Efficiency
No H1B
Responsibilities
Manage month-end close duties including timely close of AP system and preparation of month-end AP accruals and account reconciliations
Ensure payments are applied to appropriate general ledger accounts in accordance with Generally Accepted Accounting Principles (GAAP) and Federal Energy Regulatory Commission (FERC) guidelines
Assist internal staff with problem resolution. Liaison with procurement, treasury and financial institutions to support the processing of payments and executing electronic fund transfers
Develop AP policies in accordance with best practices, cost efficiency and strategic direction
Maintain up-to-date knowledge of systems and regulations impacting the AP area (i.e., use tax) and implement appropriate changes
Partner with Information Technology (IT) and corporate accounting to identify, evaluate, recommend and manage the implementation of cost-effective IT solutions to meet strategic objectives
Lead or participate in project activities related to AP functions, bringing value to the company through total cost reduction, streamlining workflow and automation
Coach, mentor, train, develop, motivate and supervise staff. Assign and review work and appraise employees
Qualification
Required
Bachelor's degree in Accounting or Finance or relevant, equivalent experience and/or education
Minimum of seven (7) years progressively responsible, professional level, experience in Accounting of which at least three years must be in AP
Minimum of two (2) years of experience supervising or managing others
Experience with Enterprise Resource Planning AP system, including implementation of AP related technology solutions
Working knowledge of Generally Accepted Accounting Principles and internal controls related to accounting treatment for AP transactions
Expert knowledge and understanding of accounting and financial reporting best practices and internal controls
Working knowledge of Microsoft Office (Word, Excel, Outlook, PowerPoint and Access)
Applicants must be authorized to work in the United States for any employer. ITC does not sponsor employment visas, such as H-1B or TN visas
Preferred
CPA preferred
Public Utility / Federal Energy Regulatory Commission accounting experience preferred
Benefits
Industry-leading compensation
Benefits
Opportunities to channel your energy into solutions
Company
ITC Holdings Corp.
From electric vehicles to renewables, we’re looking at electricity in a whole new way— because transmission is the key to unlocking our energy future.
501-1000 employees
Funding
Current Stage
Public CompanyTotal Funding
$1.5B2024-05-06Post Ipo Debt· $400M
2023-05-17Post Ipo Debt· $500M
2022-09-08Post Ipo Debt· $600M
Leadership Team
Joseph L. Welch
Chief Executive Officer & President
Gretchen Holloway
Chief Financial Officer
Recent News
2025-11-14
2025-04-21
Company data provided by crunchbase