Lead Analyst Networks Gross Margin Accounting

Company: Avangrid
Location: Portland
Posted on: May 11, 2022

Job Description:

Avangrid is seeking a Lead Analyst-Networks Gross Margin Accounting -to join their team in Portland, ME -location.This highly technical position takes a lead role in supporting the gross margin accounting responsibilities including electric and gas commodity transactions, transmission and distribution revenue recognition, gas in storage and hedge accounting transactions. Provides data and analysis for internal and external financial requirements/requests in a timely manner, including regulatory support. Perform ad hoc financial analysis, including business case support, as needed. Lead effort in achieving team and departmental goals.MAJOR ROLES AND RESPONSIBILITIES (Scope of work --- range of responsibilities):

• Review and/or prepare complex specialized calculations (unbilled revenue, reserve analysis, and derivative accounting workbooks).
• Review new organizational contracts and provide assessment for lease and derivative implications. Demonstrate the ability to explain difficult accounting concepts in a manner that makes it easier for others to understand.
• Obtain in-depth working knowledge of the Company's financial data and knowledge of the business. Provide audit support and analysis for internal and external audit requirements.
• Assist in audit deliverables and completion of internal controls. Work collaboratively with others assuming informal and formal leadership roles as needed in order to share understanding and build consensus.
• Manage projects or teams, including coordination of resources outside of own area. Lead others to resolve complex problems in non-standard situations.Skills and Requirements
  • Requires a bachelor's degree in a related analytic discipline including but not limited to Accounting, Finance or Economics.
  • At least 5 years of experience performing financial analysis or financial budgeting along with strong technical, analytical, organizational and communication (written and verbal) skills required.
  • Advanced degrees and financial professional certifications desired but not required and may be used to complement years of work experience.
  • Utility experience, understanding of utility financials, advanced Excel skills and experience with SAP financial systems preferred.
  • Additional experience with project management experience a plus.
  • Strong analytic and critical thinking skills with the ability to grasp new concepts quickly.
  • Strong communicator (verbal and written).
  • Able to lead a group of two or more individuals. Advanced knowledge of applications and mainframe accounting systems is required.
  • Detailed knowledge of GAAP, 'FRS and FERC Accounting requirements and utility industry practices.
  • Think holistically and strategically. Attention to detail. Progressive in their career path with the ability to advance and lead without formal authority. #LI-VPICompetencies
    • Develop Self & Others
    • Empower to grow
    • Collaborate and Share
    • Be a role model
    • Focus to achieve results
    • Be agile
    • Technical Skills
      About the CompanyAVANGRID, Inc. (NYSE: AGR) aspires to be the leading sustainable energy company in the United States. Headquartered in Orange, CT with approximately $39 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 This job has been posted by TalentBoost on behalf of Avangrid. TalentBoost is committed to the fundamental principle of equal opportunity and equal treatment for every prospective and current employee. It is the policy of TalentBoost not to discriminate based on race, color, national or ethnic origin, ancestry, age, religion, creed, disability, sex and gender, sexual orientation, gender identity and/or expression, military or veteran status, or any other characteristic protected under applicable federal, state or local law.#AvangridFinance

Keywords: Avangrid, Portland , Lead Analyst Networks Gross Margin Accounting, Accounting, Auditing , Portland, Maine