Sr. Financial Analyst - Investments & Planning

Iberdrola • Boston, MA

7d • $113,000 - $126,000 • Onsite

About The Position

The Investments & Long-Term Planning team is part of Avangrid’s Control organization and supports the CEO and senior leadership with financial analysis for strategic decision-making. Its work includes evaluating and governing new investment opportunities, assessing the financial performance of assets and the Avangrid platform, and managing the Long-Term Outlook process that guides strategic growth.

The Sr. Financial Analyst prepares financial planning and forecasting processes and financial statement models, and oversees Tax Equity Investment (TEI)-related accounting matters for Avangrid Renewables. The role calls for specialization in forecasted financial statements, financial modeling, and valuation, along with an understanding of the renewable energy industry and markets. The ideal candidate is an agile thinker, problem solver, and collaborative team player who welcomes new challenges.

Requirements

• Bachelor’s degree in Accounting, Business, Finance, STEM, or a related field.
• Five years of experience in industry or public accounting, or demonstrated ability to perform the required tasks based on previous levels of responsibility.
• Strong financial modeling skills, including modeling income statements, cash flow statements, and balance sheets.
• Familiarity with GAAP.
• Knowledge of financial metrics principles and valuation methodologies.
• Strong analytical and problem-solving skills.
• Ability to adapt to competing priorities.
• Ability to work effectively and cooperatively with others and with minimal supervision.
• Strong communication skills and ability to work cross-functionally with multiple departments.
• Confidence to challenge or question where appropriate.
• Sound organizational and time-management skills.

Nice To Haves

• Experience with SAP BPC and SAC systems.
• Ability to build three-statement operating models from scratch.
• Prior work experience in investment banking, FP&A, strategic finance, accounting, equity research, or related fields.
• Familiarity with IFRS accounting principles.
• Prior exposure to or strong interest in the renewables industry.
• Experience with Excel VBA (macros) and Power BI.

Responsibilities

• Provide quarterly forecast-versus-actual analysis for TEI entities, including qualitative interpretation and explanation of HLBV variances.
• Manage TEI-related accounting matters for projects, including preparing or reviewing monthly accounting entries, supporting new TEI setups by leading weekly meetings, finalizing HLBV and debt models, performing monthly, quarterly, and annual controls, and preparing reporting deliverables.
• Prepare, maintain, and update financial statement models, including HLBV models, debt models, and financial statement templates.
• Review investment models for accuracy, compliance with company policies, appropriate accounting treatment, and profitability targets.
• Develop and maintain complex business financial models for strategic planning, budgeting, and long-term forecasting.
• Understand changes in tax law and accounting policy, analyze their effects on company financials, and present findings.
• Participate in special projects related to key objectives of the Avangrid Renewables organization.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior