Lead Analyst - Financial Accounting

Title: Lead Analyst - Financial Accounting
Reporting to: Manager, Fixed Assets
Location: Portland, ME
Work Type: Office

The base salary range for this position is dependent upon experience and location, ranging from $85,000 to $107,000

Position Overview:

The Lead Analyst – Financial Accounting, Fixed Asset Accounting, who reports to the Manager – Fixed Asset Accounting plays an important role in supporting the Group Accounting & Process team within the Control Finance group. Primary responsibility is the timely and accurate accounting and monitoring of fixed assets of the AVANGRID Businesses (Corporate and Networks), including processing transactions, preparing reconciliations, in-depth analytics and reporting.

This position will have no direct reports and will contribute significantly to ensuring the integrity of the US GAAP and IFRS financial statements, fixed asset accounting system and compliance with internal controls. This role may also include other individual contributor responsibilities as determined by the Manager – Fixed Asset Accounting

Responsibilities include:

• Subject matter expert in the accounting for fixed assets and utilization of SAP Asset Management Module and the AVANGRID Capitalization Policy.
• Ensure all regular accounting activities related to the scope of the team are completed in adherence with Avangrid & Iberdrola policies and accounting deadlines including journal entries, reconciliations, FERC reports, compliance with both US GAAP and IFRS etc.
• Develop strong relations with Networks’ business teams, collaborating to address questions and find solutions to problems
• Coordinate with Regulatory & Revenue Requirement teams on filings including preparation of exhibits, backup support and documentation.  Respond to interrogatories, regulatory requests. Provide regulatory docket collaboration as needed across the Company.
• Work with Fixed Assets team management to implement changes to depreciable lives and methods, as needed
• Oversee and execute on projects on an ad hoc basis to create efficiencies with the fixed asset department
• Establish and document existing and new processes and procedures.
• Work with the internal auditors and business control representatives in the identification of potential risks and the application of solutions to mitigate.
• Work with external auditors to meet their needs regarding their audits of fixed assets and related controls
• Ensure all relevant internal controls are followed and develop new controls as needed.

Requirements:

• Bachelor’s degree in Finance, or Accounting or the equivalent combination of education and experience.
• At least 6 years’ experience in industry or public accounting relevant to job requirements.
• Sound understanding of US GAAP / IFRS, including application.
• Ability to work and communicate effectively with all levels of the corporate hierarchy on written and oral interfaces.
• Solid communication skills and ability to interact with Senior Management.
• High-level of analytical and problem-solving skills.
• Skills to work independently with management oversight.

Preference may be given to candidates with the following:

• CPA license and/or graduate business degree.
• Energy experience.
• Systems experience in SAP

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Company:

CENTRAL MAINE POWER CO

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.

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.

Job Posting End Date:

April-30-2025