Lead Analyst - Intercompany

Job Title: Lead Analyst - Intercompany

Department: Administration & Control

Reports to: Manager - Transcation Acctg & InterCo
Location: In Office, Portland ME

The base salary range for this position is dependent upon experience and location, ranging from: $78,091.20 - $97,614

This position is responsible for proper execution of the intercompany cycle: posting, balancing and ensuring an accurate monthly close for intercompany transactions within Avangrid Group. Executing non-cash payment runs and preparing the cash intercompany payments in coordination with Accounts Payable and Treasury departments. Maintaining the intercompany contracts repository in SAP.

MAJOR ROLES AND RESPONSIBILITIES:

Responsible for the balanced and accurate posting of all intercompany transactions in SAP for over 100 companies within Avangrid Group. Ability to interact with Control, Consolidation, Treasury, Tax in the US and Administration team in Spain. Preparation and distribution of intercompany invoices as needed, in accordance with all applicable legal, regulatory and taxation requirements. Monitoring and follow up of aged invoices. Reconciliation and balancing of intercompany Balance Sheet and Profit and Loss general ledger accounts in SAP in accordance with organizational controls. Clearing of intercompany debts through intercompany loans and cash payments as required. Maintain the intercompany contracts Repository in SAP (currently over 167 contracts). Adhere to effective requirements of the Sarbanes-Oxley Act. Prepare supporting work papers for audit teams to review and be able to address their questions in a professional and timely manner. Backup bank reconciliation team. Assign cash to appropriate responsible department, clear outgoing and incoming payments through a reconciliation tool in SAP and research outstanding unreconciled items.

SKILLS/ABILITIES:

REQUIRED EDUCATION AND EXPERIENCE

Company:

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 Avangrid Network and Corporate functions. This does not include those that will work for Avangrid Renewables

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