Lead Analyst - Financial Accounting

Iberdrola•Orange, CT

About The Position

This position reviews accounting activities across Avangrid Group (AGR), including regulated and nonregulated affiliates, and manages and controls the AGR Financial Ledger. It supports AGR business and control teams in understanding and using SAP in accordance with group accounting policies, and participates in reviewing and preparing AGR standalone financial statements. The role has no direct reports. The AGR group referenced includes 54 people, including the position holder. The Lead Analyst leads AGR accounting teams through the close of standalone companies under applicable US GAAP and IFRS standards, prepares standalone financial statements for corporate companies, and analyzes fixed assets, capital expenditures, monthly results, and key performance indicators. The role supports accounting policy compliance, capitalization processes, internal controls, audits, regulatory reporting, and process improvement.

Requirements

Bachelor’s degree in Accounting, Finance, or a related field.
At least 5 years of experience in industry or public accounting relevant to the job requirements.
Accounting or financial experience.
Experience preparing or auditing financial statements.
Knowledge of US GAAP and IFRS accounting standards.
Experience with an ERP system.
Strong analytical and problem-solving ability, including analyzing complex financial data, identifying trends and variances, and translating findings into actionable recommendations.
Strong verbal and written communication skills.
Advanced Excel skills.
Ability to work independently with management oversight.

Nice To Haves

Knowledge of FERC accounting standards.
Experience with SAP.
Ability to identify, evaluate, and implement process improvements and automation opportunities that enhance efficiency, accuracy, and internal controls.

Responsibilities

Lead AGR Accounting Teams through the accounting close of AGR standalone companies under applicable US GAAP and IFRS standards, in line with timelines and deliverables established by the Accounting Manager.
Prepare standalone financial statements for corporate companies.
Frequently analyze fixed assets and provide variance analysis to senior financial and business management.
Support the maintenance of appropriate accounting treatments, working with Control and business teams to correct erroneous treatments.
Work with Networks business groups to manage CapEx activity.
Work with Control to complete capitalization processes and comply with internal controls.
Support the three AGR Accounting Teams by reviewing and analyzing SAP financial records and business processes and procedures for compliance with accounting policies and quality standards.
Analyze business needs and participate in developing detailed accounting policies.
Perform journal entries, reconciliations, and other regulatory reports and requirements.
Review monthly P&L and key performance indicators to identify variances and unusual items.
Support external and internal audits by executing internal controls and preparing supporting materials.
Identify, evaluate, and implement process improvements and automation opportunities that enhance efficiency, accuracy, and internal controls.