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Lead Analyst - Financial Reporting

Company:  AVANGRID SERVICE COMPANY
Location: 

Portland, ME, 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

 

 

Responsibilities

Scope of Work - Main duties, settings, geography, reporting, relationships, other relationships:
This highly technical position has responsibility for evaluating, analyzing and generating transactions of a specialized nature requiring knowledge of financial relationships and accounting principles and practices, with special focus on those required by, Generally Accepted Accounting Principles (GAAP) International Financial Reporting Standards (IFRS), Securities and Exchange Commission (SEC) and the state regulatory commissions.
MAJOR ROLES AND RESPONSIBILITIES (Scope of work - range of responsibilities):
·    Researches, evaluates, analyzes, and provides timely guidance on GAAP accounting practices, including an analysis of implications of GAAP accounting releases and communicate accounting developments to management.
·    Lead the accounting process to ensure Networks accounting for the regulated utility companies is in compliance with GAAP accounting and reporting requirements.
·    Utilizes advanced accounting skills in the preparation, of the required GAAP annual and quarterly filings as well as quarterly information provided to AVANGRID as part of the SEC 10Q filing.
·    Utilizes advanced reasoning skills to determine relevant or significant facts from irrelevant or insignificant facts, in designing, implementing, executing and monitoring control mechanisms designed to ensure that specified accounting conventions are executed in conformance with management designs.
·    Provides technical direction to other Accounting staff members.
·    Develops and designs internal managerial activity reports, fluctuation reports, and operates in a state of readiness for any quarterly and annual audits.
 
 
·    Assists the utility operating companies in responding to data requests, preparing regulatory filings, including tariff filings as necessary.
·    Assists Manager – Networks Financial Reporting as needed regarding various issues.

Skills and Requirements

Education & Experience Required:
·    Bachelor’s Degree with a minimum of 3 years relevant experience preferred. Associates Degree with a minimum of 5 years relevant experience required.
Skills/Abilities:
·    Strong analytical skills.
·    Able to lead a group of two or more individuals.
·    Advanced knowledge of applications and mainframe accounting systems is required.
·    Comprehensive knowledge of a particular accounting field.
·    Detailed knowledge of GAAP Accounting requirements and utility industry practices.
 

Competencies

  • Be a role model
  • Be agile
  • Collaborate and Share
  • Develop Self & Others
  • Empower to grow
  • Focus to achieve results
  • 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: Portland Maine

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