Manager of Accounting Research
Company: Avangrid
Location: Portland
Posted on: June 23, 2022
Job Description:
Avangrid is seeking a Manager, Technical Accounting Researchto
join their team in their Portland, MElocation.
Job Summary
This position has the responsibility for the accounting standards,
policies and application of technical accounting
decisions/conclusions across the Avangrid Group (AGR), which
includes both regulated and non-regulated business affiliates in
the Power and Utilities industry. This position also manages the
research and documentation of accounting/financial datarelated to
AGRs accounting strategy and decisions. Provides adviceand guidance
on accounting policy revisions to senior management.The ideal
candidate will be able to identify, evaluate, debate and document
complex technical and operational accounting issues, and hasan
ability to describe complex technical accounting concepts in simple
easy to understand terms and present to audiences.
The candidate will assist in reporting processes for AGR in
accordance with US GAAP through required filings with the SEC and
in accordance with IFRS within prescribed reporting forms for
Iberdrolas global external reporting. A portion of the
responsibilities will be spent in coordinating with external and
internal audits and strong relationships will be required. The
candidate will liaise withIberdrolas global finance and operations
organization, and will be involved in several initiatives for new
accounting standard implementations, clarifications, and
updates.
This position will have no direct reports.
MAJOR ROLES AND RESPONSIBILITIES:
- Research, plan and implement detailed accounting policies
surrounding US GAAP and IFRS and oversee new standard
implementations at the underlying businesses. Work closely with the
business and other corporate control teams to prepare, determine,
and maintain these policies.
- Reviews complex accounting areas and matters (e.g., regulatory
accounting, revenue recognition, consolidation, equity method
accounting including tax equity, business combination, goodwill,
derivatives)
- Project-manage and determine impacts of complex operations and
ad-hoc transactions underUS GAAP and IFRS.
- Manages data on accounting practices and periodically updates
thefinancial Reporting team on the disclosures of other
publicenergy companies.
- Assist in the coordination of all external and internal audits
including the resolution of open comments and findings.
- Independent review of US GAAP and IFRS financial statements and
its disclosures.
- Ensure accurate reporting by assisting in challenging variances
and unusual items in monthly PL and key performance indicators and
coordinating with AGR Subsidiary Accounting Teams and across
departments (tax, regulatory, etc.) to resolve issues.
- Develops regular internal reports to communicate
accountingdevelopments of relevance to management. Ensures that the
bases foraccounting decisions are properly documented.Benefits What
Youll Receive
- Competitive wages and compensation
- Annual bonus opportunities
- 401k matching at 150% of your contribution (up to 8%)
- College and certification reimbursement program
- Paid vacation with scheduled increases Starting at 160hrs per
year
- Company paid holidays
- Paid Parental Leave
- Medical, dental, vision, life insurance, etc. options
offered
- Employee wellness programs
- Internal training and advancement programsJOB REQUIREMENTS:
Education Experience Required:
- Bachelors Degree in Accounting, Finance or related field at
minimum
- Minimum of 7years inaccounting/auditing
- Certified Public Accountantor CPA-eligible candidate
- Accounting or financial experience in a management role
required
- Direct and recent experience with SEC and US GAAP technical
accounting and disclosure requirements
- Experience with the Sarbanes-Oxley compliance including design
of internal controls, evaluation, testing and remediation
- Public accounting/auditing firm experience
preferredSkills/Abilities:
- Detailed knowledge of US GAAPrequired
- Knowledge of power and/or utility accounting preferred
- Strong understanding of the economic and financial impact of
all relevant documents (i.e. financing agreements, operating
contracts, partnership agreements, etc.)
- Knowledge of IFRS accounting standards preferred
- Knowledge of FERC accounting standards preferred
- Strong leadership skills required
- Strong project management skills required
- Strong analytical and problem-solving ability required
- Excellent oral and writtencommunication skillsAVANGRID, 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 Worlds Most
Ethical Companies in 2021 for the third consecutive year by the
Ethisphere Institute. For more information, visit
www.avangrid.com
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 , Manager of Accounting Research, Accounting, Auditing , Portland, Maine
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