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Senior Ops Budget & Cost Analyst

Company:  AVANGRID RENEWABLES, LLC
Location: 

Boston, MA, US

Company

Company

About AVANGRID: AVANGRID, Inc. (NYSE: AGR) aspires to be the leading sustainable energy company in the United States. Headquartered in Orange, CT with approximately $40 billion in assets and operations in 24 U.S. states, AVANGRID has two primary lines of business: Avangrid Networks and Avangrid Renewables. Avangrid Networks owns eight electric and natural gas utilities, serving more than 3.3 million customers in New York and New England. Avangrid Renewables owns and operates a portfolio of renewable energy generation facilities across the United States. AVANGRID employs approximately 7,000 people and has been recognized by Forbes and Just Capital as one of the 2021 JUST 100 companies - a list of America's best corporate citizens - and was ranked number one within the utility sector for its commitment to the environment and the communities it serves. The company supports the U.N.’s Sustainable Development Goals and was named among the World’s Most Ethical Companies in 2021 for the third consecutive year by the Ethisphere Institute. For more information, visit www.avangrid.com

 

 

Company Information

Avangrid Renewables, a subsidiary of AVANGRID, Inc. (NYSE: AGR), is a leading developer, owner, and operator of renewable energy facilities in the United States with an eight-gigawatt portfolio of onshore wind and solar projects across 22 states. Avangrid Renewables’ offshore wind business is pioneering this new industry with a development pipeline of five gigawatts off the East Coast. Our offshore portfolio consists of our 50% ownership in the first-in-the-nation Vineyard Wind 1 project, which will deliver 800 MW of clean energy into Massachusetts starting in 2023.  Additionally, Avangrid Renewables owns 100% of Park City Wind, an 804 MW project to serve the state of Connecticut and Commonwealth Wind, a project that will deliver up to 1200 MW to Massachusetts.  Finally, Avangrid Renewables owns 100% of Kitty Hawk Offshore Wind that has the potential to deliver 2,500 MW of clean energy into Virginia and North Carolina.  The company will also actively pursue additional lease areas in the Atlantic and Pacific Coasts and the Gulf of Mexico.

We aspire to be the employer of choice by providing purposeful and challenging work revolutionizing the renewable energy industry in the United States. This role will support the senior management team that is developing, constructing and operating large scale offshore wind projects which will provide affordable, clean energy and will have a transformational impact on local communities.  Avangrid Renewables’ offshore business is located in Boston, Massachusetts.  

AVANGRID is part of the IBERDROLA Group, a global energy pioneer with the largest renewable asset base of any company in the world. AVANGRID employs approximately 7,000 people and has been recognized by Forbes and Just Capital as one of the 2021 JUST 100 companies – a list of America’s best corporate citizens – and was ranked number one within the utility sector for its commitment to the environment and the communities it serves. The company supports the U.N.’s Sustainable Development Goals and was named among the World’s Most Ethical Companies in 2021 for the third consecutive year by the Ethisphere Institute.
 

Purpose

A significant role within the Avangrid Renewables Offshore business, this role will assist Site and New Projects Teams in the management and development of their budgets. This role will include working closely with Contracts, Site, Control, Insurance and Procurement

Belonging to the O&M Asset Management Team and reporting to the Director of Asset Management , the  O&M budget & cost Analyst will assist in developing OPEX for projects under different phases of development, building and analysing yearly budgets and evaluating P&L for operational projects. In addition, the individual will be the back office support to Site Team in order to manage OPEX risks and optimise the O&M yearly budget.

The individual will be working as part of a global business with activities in US offshore. The role requires the individual to manage multi-disciplinary teams and the individual should be prepared to manage teams working at different project locations.
 

Responsibilities

  • Development of the OPEX model, yield and logistics modelling for assigned projects. 
  • Develop the logistics costs modelling and the maintenance strategy: WTG technology understanding and BoP risk maintenance based concept. 
  • Assist the Principal Project Managers in the development of the documentation for lenders due diligences: O&M Strategy, OPEX, Factbook. 
  • Liaise with contract managers and sourcing managers and understanding the Services Contracts to include inputs in the OPEX model.  
  • Responsible for evaluating the costs of the service maintenance agreements.
  • Liaise with Project Services and Investment office for the OPEX and yield inputs to business cases.
  • Evaluates financial impact of strategic choices and suggests alternatives for Offshore Operations.
  • Provide proactively recommendations and advice on OPEX management.
  • Responsible for controlling OPEX and ensuring effective resource allocation.
  • Responsible for development and delivery of financial and commercial reporting for senior management.
  • Support to the Principal Project Manager and Management analysing and benchmarking operational results.
  • Preparation and review of Opex/Capex Accruals, Budget, Forecast and variance analysis.
  • Monitor monthly closings and P&L accounts for operational projects.
  • Maintain relationships with following internal teams: Global Offshore O&M, Project Services, Technical Services, Procurement, Control, Insurance, Investment and Planning, and Legal.
  • 5-year planning horizon includes budgeting of offshore wind assets.  
  • Ability to assimilate a wide and varied range of information from many sources to enable effective commercial decision making.
  • Identify efficiencies and improvements in processes, procedures, estimation strategies, and resources to ensure operational expenditure and capital investment is managed efficiently and that maximum operational revenues are achieved.
     

Skills and Requirements

  • Strong understanding of accounting processes and principles (industry and company) required, although actual accounting undertaken by a separate team.
  • Results oriented and excellent analytical, strategic, business planning, communication, and teamwork/collaboration skills.
  • Flexibility and ability to adapt to a rapidly changing environment.
  • The ability to manage complexity and ambiguity in a highly matrixed environment.
  • SAP experience an advantage.
  • Ability to prioritise and work to monthly deadlines.
  • Adaptability to a multicultural environment.
  • Organisational skills – to ensure all deliverables are fulfilled on time and of good quality.
  • Commitment – possess passion and determination required to meet / exceed objectives.
  • Strong self-performance management and delivery focus with the ability to balance conflicting requirements on quality, costs and time;
  • Strong team worker;
  • Good all-around understanding of financial, commercial and business principles and risk mitigation practises;
  • Good influencing, interpersonal and change management skills;
  • Good negotiating and persuasion skills, as well as excellent written and oral communication skills;
  • Ability to be proactive and take responsibility for matters, while responding to competing business demands;
  • Effective capacity for change and experience of leading others through change. 

#LI-AV1

#IND
 

Competencies

  • Develop Self & Others
  • Empower to grow
  • Collaborate and Share
  • Be a role model
  • Focus to achieve results
  • Be agile
  • Technical Skills

Mobility Information

Please note that any applicant who is not a citizen of the country of the vacancy will be subject to compliance with the applicable immigration requirements to legally work in that country

Avangrid employees may be assigned a system emergency role and in the event of a system emergency, may be required to work outside of their regular schedule/job duties. This is applicable to employees that will work in Connecticut, Maine, Massachusetts, and New York within AVANGRD Network and Corporate functions.  This does not include those that will work for Avangrid Renewables

AVANGRID’s employment practices and policies are geared to hiring a diverse workforce and sustaining an inclusive culture. At AVANGRID we provide fair and equal employment and advancement opportunities for all employees and candidates regardless of race, color, religion, national origin, gender, sexual orientation, age, marital status, disability, protected veteran status or any other status protected by federal, state, or local law. Learn more about equal employment by following this link

If you are an individual with a disability or a disabled veteran who is unable to use our online tool to search for or to apply for jobs, you may request a reasonable accommodation by contacting our Human Resources department at 203-499-2777 or careers@avangrid.com


Nearest Major Market: Boston

Job Segment: Sustainability, Energy

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