HM: Jay Hendricks
Location: Avangrid Renewables, Portland, OR
Grade: G National
Develop Self & Others
Empower to grow
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Be a role model
Focus to achieve results
Skills and Requirements
The Accounting Supervisor, who reports to the Financial Accounting Manager, plays an important role in supporting the Financial Accounting team that works within the Avangrid Renewables Finance and Accounting Department. The primary responsibility of this role will be to oversee the fixed asset accounting process, including the supervision of two senior accountants. This role will contribute significantly to ensuring the integrity of the US GAAP and IFRS financial statements, fixed asset accounting system and compliance with internal controls. This role may also include other supervisory and individual contributor responsibilities as determined by the Financial Accounting Manager.
Responsibilities of overseeing the fixed asset accounting process include:
Supervise and review the work of two senior accountants in their performance of their day-to-day fixed asset duties, including fixed asset accounting in compliance with both US GAAP and IFRS. Motivate and develop the accountants and provide them formal and informal feedback, both written and verbal.
Supervise and review of the work of other accountants who are assisting with fixed asset requests.
Identify and work with the fixed asset accountants to implement fixed asset process improvements.
Work with Iberdrola Control in Spain and Avangrid Control in Maine to resolve issues related to fixed assets.
Ensure internal controls around fixed assets are sufficient to address risks and comply with the requirements of Section 404 of the Sarbanes Oxley Act ("SOX").
Work with the Accounting Manager and Managing Director to implement changes to depreciable lives and methods, as needed.
Provide technical accounting advice to other departments regarding the appropriate treatment (expense or capital) of expenditures.
Perform technical accounting research on other fixed asset related matters and document conclusions in a clear and concise manner, in memos or other written forms of communication.
Analyze and provide explanations of changes in fixed asset accounts to support the US GAAP and IFRS fluctuation analyses. Review and/or prepare fixed asset related deliverables to Avangrid for inclusion in the SEC filings (10-Q and 10-K)
Work with the internal and external auditors to meet their needs regarding their audits of fixed assets and related controls. Other responsibilities (not related to fixed assets) may include:
Assist Accounting Management in evaluating and implementing additional accounting controls to ensure SOX compliance.
Review account reconciliations.
Perform ad hoc requests which may involve accounting research under both IFRS and US GAAP.
Our Selection Process
Bachelor's degree in Accounting or the equivalent combination of education and experience.
5+ years of experience in industry or public accounting or demonstrated ability to perform the required tasks based on previous levels of responsibility.
Sound understanding of generally accepted accounting principles (IFRS and/or US GAAP).
Excellent communication skills, both verbal and written, including the ability to work and communicate effectively with all levels of the corporate hierarchy, both in the United States and in Spain.
Strong analytical and problem solving skills.
Ability to think critically and ask thoughtful questions.
Knowledge and experience with operating systems such as SAP
Proficiency in Excel.
Self-motivated, ability to work independently with limited management oversight. Preference may be given to candidates with the following:
CPA license and/or graduate business degree.
Energy industry experience
General Ledger experience
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
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