The base salary range for this position is dependent upon experience and location, ranging from $101,404? to $139,431
SUMMARY OF CORE RESPONSIBILITIES:
Acts as a single point of control and contact for assigned business units within Corporate Functions to ensure each unit 1) remains compliant with budget; 2) is accurate and compliant with applicable laws and regulations and 3) is compliant with the ONECORP model, which focuses on standardizing and aligning certain processes across Group companies. Primary activities relate to identifying discrepancies in, and driving corrections to, relevant SAP data, while maintaining a strong working relationship with units and providing influence,
knowledge, and resources to help reduce future discrepancies and deviations.
Core areas of responsibility include reviewing and analyzing budget entries; reviewing materials and services requisitions; maintaining SAP analytical orders (AOs); analyzing spend and other activity and generating relevant reports for management, units, and auditors; answering questions from units and providing education and training on budget, accounting, and ONECORP compliance; and other assigned areas of responsibility or special projects relevant to reviewing units’ Control activity against applicable standards.
PRIMARY TASKS
1. Budget Control
Monitors and controls SAP budget load and budget revisions of assigned units. Prepares budget planning timelines, specifications, and instructions for all approved processes and communicates those to process owners. Works closely with units to resolve budget issues and develop solutions. Provide updates, direction, and resources to unit. Review and process budget transfer requests. Ensure that units meet ongoing planning requirements and support end users in SAP budget activities.
Assist with the load and ensure accuracy and reconciliation of official information such as budget and quarterly revisions into the SAP system for assigned corporate functions. This includes external services, operating income, other taxes, depreciation, and capital expenditures (Capex) for various projects.
2. Reporting and Analysis
Prepares and analyzes budget reports, variance reports, KPI reports, and similar. Provides reports to individual operating company affiliates, management, auditors, and other stakeholders as required. Makes recommendations based on trends, variances, and compliance with internal and external standards. Monitors and reacts to SAP system updates or errors that may impact accuracy of reporting.
3. Requisition Control
Monitors and controls all incoming requisitions for materials and supplies. Review for accuracy and adherence to budget, accounting standards, and ONECORP model. Approve or reject as needed. Provide reports and resources to unit end users as needed, such as requisition status, direction regarding material codes and cost elements, PO analysis and direction, and related SAP support.
4. Order and Asset Control
Creation and control of new analytical orders and assets in SAP. Review requests for new orders and ensure accuracy in creation. Close orders no longer needed, communicate changes, and support resolution of any related impacts to the units.
5. Accounting Close
Perform transactional accounting duties for processes not automatically performed by the system. Monitor expense and create accruals to reflect correct expense and P&L impact monthly, create accrual engines, create JE to move costs within the P&L to reflect a correct accounting, in addition to other responsibilities.
6. Related Control Responsibilities
This role also includes contributing to special projects and may also include specializing in specific areas within the department, depending on business needs. Examples include but are not limited to: assisting with the development of short- and long-term budget projections; contributing information for regulatory and compliance reporting; participating in internal and external audits; developing end user resources and training materials to assist units in common tasks such as budget load; monitoring and controlling intercompany charges, labor recharges, and shared costs; monitoring headcount and personnel reporting; and similar.
Focus on improving and automating existing processes within the control team. Allowing the team to improve the quality of analysis provided to corporate customers.
Key contact for the newly implemented real estate module (following standard IFRS16). Reviewing corporate contracts to ensure we follow the standard and we identify and include all the Lease contracts into the module. Also, make sure the corporate functions accurately maintain and update these contracts in the system.
SKILLS NEEDED FOR SUCCESS IN THE ROLE
- Results Orientation: Focuses on results rather than activities. Holds themselves and others accountable for achieving results. Measures success by accomplishments.
- Proactive Orientation: Identifies and initiates efforts to achieve corporate objectives. Resilient when encountering setbacks. Sees problems as opportunities.
- Communication and Interpersonal Skills: Ability to communicate complex ideas to diverse audiences both in writing and verbally. Ability to interact effectively within the organization with all levels.
- General Requirements: Motivates and provides leadership through example. Leverage the skills and abilities of staff and co-workers. Team player.
- Proficiency in Microsoft Excel/Access and SAP.
- Microsoft Suite. Ability to create, manage and analyze reports with massive amount of data.
REQUIRED QUALIFICATIONS
- Bachelor’s degree in finance, accounting or a related field, or the equivalent combination of education and experience.
- Minimum 7 years’ experience in financial analysis, accounting analysis, or a similar role, as relates to the primary tasks of the job.
- Experience using an ERP system such as SAP, Oracle, or similar.
- Working knowledge of US GAAP and/or IFRS (at least one is required; both is preferred)
- Experience with sophisticated financial models and financial statement development and analysis (experience with utility statements preferred).
OTHER PREFERRED SKILLS AND QUALIFICATIONS
- Experience using SAP Financial System modules.
- Exceptional analytical and problem-solving skills
- Experience in budgeting process development, input, and reporting.
- Energy industry experience.
- Proficiency in MS PPT.
- Additional education or relevant certifications in Accounting or Finance fields.
- Experience in successfully influencing and/or securing buy-in from members of management for projects and initiatives.
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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
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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
Job Posting End Date: