Director - Corporate Control Accounting

The base salary range for this position is dependent upon experience and location, ranging from: $175,000 - $219,000

Job Summary:

This position is responsible for the direction and oversight of the accounting activities within Avangrid Group (AGR), which includes both regulated and non-regulated business affiliates. This position will also be responsible for the oversight of the management and control of the AGR Financial Ledger completed the roles direct reports including supporting the AGR Business Control Teams in their understanding and use of the SAP application to meet US GAAP and Iberdrola accounting standards. Additionally, this position will be responsible for the AGR standalone financial information. This position will have two direct reports into their group of 8 including themselves.

Key Responsibilities:

• Responsibility over the accounting close of the AGR standalone companies in all applicable accounting standards (US GAAP & IFRS) by enforcing established timelines and completion of deliverables. Review and/or preparation of standalone financial results. Approval and submission of post-closing accounting entries from AGR Subsidiary Accounting Teams and coordination with Consolidations Department to meet consolidated reporting needs.

• Implement SAP in all present and future USA companies.

• Non Transactional SAP Master Data Creation/Maintenance in coordination with Iberdrola SA and USA Business Performance.

• Review of SAP transactional activities to ensure USA compliance with all accounting deliverables, policies and procedures of the parent company.

• Transactional SAP Master Data Creation/Maintenance including orders and projects in coordination with Iberdrola SA and USA Business Performance to support asset and general accounting processes.

• Maintenance of deduction tables between auxiliary systems and SAP in coordination with Iberdrola SA and system owners.

• Responsible for the Fixed Asset data within SAP.

• Prepare and implement detailed accounting policies and determine how to account for each operation and with which criteria and underlying data. Work closely with the accounting standards team to prepare and determine these policies.

• Communicate accounting policies and quality standards to the rest of the three AGR Subsidiary Accounting Teams. Ensure compliance by providing support to AGR Subsidiary Accounting Teams.

• Ensure accurate reporting by challenging variances and unusual items in monthly P&L and key performance indicators and coordinating with AGR Subsidiary Accounting Teams to resolve issues.

• Determine accounting risks in conjunction with Internal Controls Department and design appropriate internal controls. Ensure appropriate operating effectiveness of department controls.

• Work closely with the external and internal auditors to ensure timely and successful completion of audits.

Required Qualifications:
 

Education & Experience Required:

• Bachelor’s Degree in Accounting, Finance or related field required.

• CPA and Master’s degree preferred.

• A minimum of 8 years relevant accounting experience.

• Accounting or financial experience in a management role required.

• Experience in preparation or audit of financial statements required.

Skills/Abilities:

• Detailed knowledge of US GAAP required.

• Knowledge of IFRS accounting standards preferred.

• Knowledge of FERC accounting standards preferred.

• Experience with SAP required.

• Strong leadership skills required.

• Excellent analytical and problem-solving ability required.

• Strong communication skills, both verbal and written required.

Preferred Qualifications:
 

Delivering for the Business:

• Global view of the Business - ADVANCED

• Achieving Results and Continuous Improvements - ADVANCED

• Initiative - ADVANCED

• Innovation & Creativity - ADVANCED

Global Relationships:

• Flexibility & Globalization - ADVANCED

• Customer Focus -