This site uses cookies. To find out more, see our Cookies Policy

Lead Analyst - Financial Reporting (ASC 70738) Portland, ME, US in Portland, ME at Avangrid

Date Posted: 1/22/2019

Job Snapshot

Job Description

Publication date: 21.01.2019REFERENCE: 5109254701


Company: AVANGRID Service Company (ASC)Department: Accounting & Analysis NetworksJob Title: Lead Analyst – Financial ReportingReports to: Manager – Financial ReportingLocation: Portland, MECross Company Responsibility: Yes

Business and DepartmentASC-ME-PortlandPortland,ME



Scope of Work - Main duties, settings, geography, reporting relationships, other relationships:

This highly technical position has responsibility for evaluating, analyzing and generating transactions of aspecialized nature requiring knowledge of financial relationships and accounting principles and practices, withspecial focus on those required by, including those required by Generally Accepted Accounting Principles (GAAP)International Financial Reporting Standards (IFRS), Securities and Exchange Commission (SEC) and the stateregulatory commissions.

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

• Researches, evaluates, analyzes, and provides timely guidance on GAAP accounting practices, including ananalysis of implications of GAAP accounting releases and communicate accounting developments to management. • Lead the accounting process to ensure Networks accounting for the regulated utility companies is in compliancewith GAAP accounting and reporting requirements. • Utilizes advanced accounting skills in the preparation, of the required GAAP annual and quarterly filings as well asquarterly information provided to AVANGRID as part of the SEC 10Q filing. • Utilizes advanced reasoning skills to determine relevant or significant facts from irrelevant or insignificant facts, indesigning, implementing, executing and monitoring control mechanisms designed to ensure that specifiedaccounting conventions are executed in conformance with management designs. • Provides technical direction to other Accounting staff members.

• Develops and designs internal managerial activity reports, fluctuation reports, and operates in a state of readinessfor any quarterly and annual audits. • Assists the utility operating companies in responding to data requests, preparing regulatory filings, including tarifffilings as necessary. • Assists Manager – Networks Financial Reporting as needed regarding various issues.



Education & Experience Required: • Bachelor’s Degree with a minimum of three years relevant experience preferred. Associates Degree with aminimum of five years relevant experience required.

Skills/Abilities: • Strong analytical skills. • Able to lead a group of two or more individuals. • Advanced knowledge of applications and mainframe accounting systems is required. • Comprehensive knowledge of a particular accounting field. • Detailed knowledge of GAAP Accounting requirements and utility industry practices.

This opportunity will offer

AVANGRID is an Equal Opportunity / Affirmative Action employer. AVANGRID shall abide by the requirements of41 CFR 60-1.4(a), 60-300.5(a) and 60-741.5(a). These regulations prohibit discrimination against qualifiedindividuals based on their status as protected veterans or individuals with disabilities, and prohibit discriminationagainst all individuals based on their race, color, religion, sex, sexual orientation, gender identity, or national origin.Moreover, these regulations require that covered prime contractors and subcontractors take affirmative action toemploy and advance in employment individuals without regard to race, color, religion, sex, sexual orientation,gender identity, or national origin, protected veteran status or any other status protected by federal, state, or locallaw. The Company is committed to a policy in all of its employment practices of equal opportunity without regard torace, color, religion, sex, sexual orientation, gender identity, or national origin, disability, religion, marital status,veteran status, sexual orientation, or other protected status.

If you are an individual with a disability or a disabled veteran who is unable to use our online tool to search for or toapply for jobs, you may request a reasonable accommodation by contacting our Human Resources department at203-499-2777 or