Manager of Accounting Research
Company: Avangrid
Location: Milford
Posted on: May 8, 2022
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Job Description:
Avangrid is seeking a Manager, Technical Accounting & Research
to join their team in their Orange, CT location.
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 m anages the
research and documentation of accounting/financial data related to
AGR' s accounting strategy and decisions. Provides advice and
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
has an ability to describe complex technical accounting concepts in
simple easy to understand terms and present to audiences.
The candidate will assist in r eporting processes for AGR in
accordance with US GAAP through required filings with the SEC and
in accordance with IFRS within prescribed reporting forms for
Iberdrola's 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 with Iberdrola 's 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 report s.
MAJOR ROLES AND RESPONSIBILITIES :
Research, p lan and implement detailed accounting policies
surrounding US GAAP and IFRS and oversee new standard
implementation s 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
under US GAAP and IFRS. Manages data on accounting practices and
periodically updates the f inancial Reporting team on the
disclosures of other public energy companies. Assist in the
coordination of all external and internal audit s including the
resolution of open comments and findings.
Independent re view of US GAAP and IFRS financial statements and
its disclosures. Ensure accurate reporting by assisting in
challenging variances and unusual items in monthly P&L 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
accounting developments of relevance to management. Ensures that
the bases for accounting decisions are properly documented.
JOB REQUIREMENTS:
Education & Experience Required :
Bachelor's Degree in Accounting, Finance or related field at
minimum M inimum of 7 years in accounting/auditing C ertified P
ublic A ccountant or CPA-eligible candidate Accounting or financial
experience in a management role required Direct and recent e
xperience with SEC and US GAAP technical accounting and disclosure
requirements E xperience with the Sarbanes-Oxley compliance
including design of internal controls, evaluation, testing and
remediation Public accounting/auditing firm experience preferred
Skills/Abilities:
Detailed knowledge of US GAAP required 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 written
communication skills AVANGRID, 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
www.avangrid.com
Please also note that AVANGRID currently has a COVID-19 vaccination
Policy in place that, among other requirements, requires all
employees to disclose their COVID-19 vaccination status. Any
applicant who receives a conditional offer will be required to
submit acceptable documentation regarding their COVID-19
vaccination status after receiving such conditional offer and prior
to commencing employment. This Policy also requires all employees
to either become fully vaccinated or to undergo weekly testing
beginning on February 9, 2022. All AVANGRID policies may be
modified or discontinued at any time, for any reason at the
Company's full and sole discretion.
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, Milford , Manager of Accounting Research, Accounting, Auditing , Milford, Connecticut
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