Lead Analyst - Financial Reporting

Job Description

Prepare, analyze, and deliver timely and accurate financial reports in compliance with U.S. Generally Accepted Accounting Principles (GAAP), International Financial Reporting Standards (IFRS), government regulations, and internal policies. This role plays a critical part in the financial accounting and reporting close process, external reporting, and internal management reporting, ensuring transparency, consistency, and integrity of financial data.

Key Responsibilities

• Prepare, review and distribute monthly, quarterly, and annual financial statements in accordance with U.S. GAAP requirements in accurate and timely manner.
• Prepare monthly operating profit reports and perform variance analysis of financial results (actuals and budgeted) at standalone and consolidated levels to satisfy Tax Equity Investment goals and requirements.
• Compile "auditable" financial data, supporting exhibits & schedules and footnotes in support of interaction with internal auditors and independent external auditors in professional manner.
• Serve as a key liaison with external auditors during standalone annual audits.
• Collaborate various business operating control units to align reporting with operational and financial performance and to ensure accurate and timely recording of financial transactions.
• Prepare and file regulatory reports and surveys in accordance with government requirements.
• Support the monthly and quarterly financial accounting close process, including journal entries, reconciliations, and other variance analysis.
• Support the preparation of global parent company reporting package under both US GAAP and IFRS, including required footnote disclosures.
• Research and resolve complex accounting issues, documenting conclusions and communicating impacts.
• Maintains proficiency in the application of new accounting standards and associated financial disclosures. Research appropriate or alternative accounting treatment as necessary.
• Identify trends, anomalies, and opportunities, and drive automation and efficiency in reporting processes through system enhancements and best practices.
• Participate in ERP trainings, reporting tool implementations, and utility industry accounting updates and other governance initiatives.
• Provides guidance to other analysts, as needed.

Required Qualifications

• SKILLS/ABILITIES:

  • Excellent verbal and written communication skills
  • Organizational skills for data retention and easy retrieval
  • Exceptional analytical and problem-solving skills and able to put closure to issues and processes
  • Able to work independently, in team environment, and across departments
  • Able to identify process improvements.

• EXPERIENCE/TRAINING:

  • BS Degree required in Finance or Accounting or equivalent discipline and at least 5 years of progressive experience in financial reporting, financial accounting, regulatory accounting, and/or SEC reporting (USGAAP and IFRS). The equivalent combination of education and experience may be considered.
  • Ability to prioritize, meet deadlines and maintain flexibility in a service-oriented environment (with willingness of working extended hours during peak reporting periods)
  • Must be able to work with and clearly communicate with other departments, internal and external legal counsel and certain external service companies
  • Experience with consolidated financial statements and knowledge of accounting (GAAP).
  • Exceptional technical skills, analytical capabilities and attention to detail
  • Experience with SAP system and reporting tools (e.g., Workiva, Power BI).
  • Proficiency in Microsoft Office: Word, Outlook; Advanced Skills in Excel

Preferred Qualifications

• CPA
• Public accounting experience
• Experience with 10-K's, 10-Q's, 8-K's, and web filing.

Competencies

• Growth & Continuous Improvement
• Initiative & Change
• Focused on Results
• Customer Centric (internal and/or external)
• Communication
• Collaboration
• Leadership (people managers/leaders)

AVANGRID POWER, LLC

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.

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.
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 People and Organization department at [email protected].

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 Avangrid Network and Corporate functions. This does not include those that will work for Avangrid Power.

Avangrid employees may also be assigned a NERC Reliability Standards compliance role supporting Critical Infrastructure Protection (CIP) and/or Operations and Planning (O&P) responsibilities. This is applicable to employees that will work in electric transmission, operations, and cyber security business areas in Connecticut, Maine, Massachusetts, and New York within Avangrid Network and Corporate business areas. NERC Reliability Standards compliance roles and responsibilities may include additional access protections, training, audit engagement, and required evidence retention, and will be communicated by the employee's management.