Director - Consolidation & Financial Reporting
Avangrid

Portland, Maine
$135,000.00 - $169,000.00 per year


The base salary range for this position is dependent upon experience and location, ranging from: $135,000 - $169,000

JOB SUMMARY:

Leads and manages the consolidations process of Avangrid, and the related monthly, quarterly, and annual financial reporting activities required at the consolidated and standalone company levels, including the related SEC and regulatory filings. Reviews and prepares financial analysis for internal/external reporting purposes (GAAP and IFRS).

MAJOR ROLES AND RESPONSIBILITIES (Scope of work - range of responsibilities):

  • Leads and coordinates timely and accurate monthly consolidations processes of the Avangrid business units, and the related monthly financial reporting packages.
  • Leads and coordinates timely and accurate external financial reporting to the SEC and other statutory reporting requirements, including the preparation, review, submission, and distribution of periodic financial reports, such as 10-K and 10-Q, 8K's, standalone financial statements, and regulatory filings.
  • Responsible for review of financial reports in accordance with USGAAP and IFRS standards and ensures their compliance to respective accounting/financial reporting guidance (checklist) under IFRS and GAAP.
  • Lead the preparation and review of the IFRS reporting packages on timely manner for further audit and submission to Iberdrola Group.
  • Coordinates submission of the info to investor relations team for earnings press releases and investor/analyst queries.
  • Coordinates the audit over financial reporting/SOX control process with external and internal auditors as required.
  • Ensures robust control processes/standards to ensure accurate disclosures and compliance with accounting standards, Group accounting policies and statutory requirements.
  • Ensures SOX compliance with respect to financial reporting processes.

JOB REQUIREMENTS:

Education & Experience Required:
  • B.S. Degree in Accounting, Finance, or related discipline.
  • US GAAP and IFRS experience required.
  • SOX experience required.
  • 10+ years' total accounting experience, with public company experience.
  • Master's degree or CPA preferred.
  • Power and utilities experience preferred.
  • Consolidations and external reporting in US GAAP, SEC, FERC, and IFRS formats.

Skills/Abilities:
  • Strong communication and directing abilities, to manage both internal and external teams.
  • Accounting/financial experience in GAAP, IFRS, SEC, and FERC standards, and in regulation, compliance, and monitoring.
  • Solid experience in Consolidation and Reporting tools (SAP/BPC).
  • Ability to manage external reporting calendars and all other end-to-end processes related to consolidations and reporting.
  • Strong understanding of technical accounting policies and internal controls, and solid analytical skills.
  • Work under pressure and tight deadlines.

#LI-On-Site

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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

AVANGRID's employment practices and policies are geared to hiring a diverse workforce and sustaining an inclusive culture. 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 careers@avangrid.com

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