The base salary range for this position is dependent upon experience and location, ranging from $83,804 to $120,470
Job Summary
This position is responsible for preparing the financial planning / forecasting processes, preparing financial statements models; and supervising Tax Equity Investment (TEI) related accounting issues for Avangrid Renewables.
This position requires a strong specialization in preparation of forecasted financial statements, financial modeling, valuation techniques and a good understanding of the Renewables energy industry and markets.
The ideal candidate is an agile thinker, problem solver, team player, and enjoys taking on new challenges.
Key Responsibilities
Provide quarterly forecast vs actual analysis for all TEI entities - provide qualitative and interpretative explains of the variances of the HLBV results.
Manage TEI related accounting matters for all TEI projects - includes preparing / reviewing monthly TEI related accounting entries, helping with new TEI set up process by leading weekly set up meetings, finalizing HLBV and debt models, performing monthly / quarterly / annually TEI related controls, preparing 10-q / 10-k TEI related reporting deliverables.
Prepare the financial statement modeling work - maintaining and updating all the models including the HLBV models, debt models, financial statement templates and etc.
Review investment models for accuracy, compliance with company policies, proper accounting treatment and profitability targets
Develop and maintain complex business financial models to be used for strategic planning, budgeting, and long-term forecasting.
Understand tax law and accounting policy changes, analyze impacts to company financials, and present findings.
Participate on special projects related to key objectives of the Avangrid renewables organization
Required Qualifications
Bachelor's degree in Accounting, Business, Finance, STEM, or related field
6 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 of financial statements including income statement, cash flow statement and balance sheet
Familiarity with GAAP
Knowledge of financial metrics principles, and valuation methodologies
Strong analytical and problem-solving skills
Ability to adapt to competing priorities
Demonstrated ability to work effectively and cooperatively with others as well as operate with a minimum of supervision
High-level of communication skills with the ability to work cross-functionally with many departments
Confidence to challenge/question where appropriate
Sound organizational and time management skills
Preferred Qualifications
Experience with SAP BPC and SAC systems
Ability to build a 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 Renewables Industry
Experience with Excel VBA (Macro), Power BI
Competencies (this is standard for all jobs)
Growth & Continuous Improvement
Initiative & Change
Focused on Results
Customer Centric (internal and/or External)
Communication
Collaboration
Leadership (people managers/leaders)
#LI-OFFICE #LI-ER1
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
Avangrid employees may be assigned a system emergency role and in the event of a system emergency, may be required to work outside of their regular schedule/job duties. This is applicable to employees that will work in Connecticut, Maine, Massachusetts, and New York within AVANGRD Network and Corporate functions. This does not include those that will work for Avangrid Renewables
