Principal Financial Analyst - Perf & Bud

Position Information

Location: Boston, MA

Salary Range: $119,500 - $149,400

Schedule: Office - On Site

Job Title: Principal Financial Analyst - Performance & Budget

Responsibilities

This highly technical position takes a lead role in supporting the gross margin accounting responsibilities including electric and gas commodity transactions, transmission and distribution revenue recognition, gas in storage and hedge accounting transactions. Provides data and analysis for internal and external financial requirements/requests in a timely manner, including regulatory support. Perform ad hoc financial analysis, including business case support, as needed. Lead effort in achieving team and departmental goals.

MAJOR ROLES AND RESPONSIBILITIES (Scope of work - range of responsibilities):

• Review and/or prepare complex specialized calculations (unbilled revenue, reserve analysis, and derivative accounting workbooks).
• Review new organizational contracts and provide assessment for lease and derivative implications.
• Demonstrate the ability to explain difficult accounting concepts in a manner that makes it easier for others to understand.
• Obtain in-depth working knowledge of the Company’s financial data and knowledge of the business.
• Provide audit support and analysis for internal and external audit requirements. Lead audit walkthroughs assist in audit deliverables, completion of internal controls.
• Work collaboratively with others assuming informal and formal leadership roles as needed in order to share understanding and build consensus.
• Manage projects or teams, including coordination of resources outside of own area.
• Lead others to resolve complex problems in non-standard situations.
• Provides technical direction and training to other Accounting staff members.
  
  

Skills And Requirements

• Requires a bachelor's degree in a related analytic discipline including but not limited to Accounting, Finance or Economics
• At least 5 years of experience performing financial analysis or financial budgeting along with strong technical, analytical, organizational and communication (written and verbal) skills required
• Advanced degrees and financial professional certifications desired but not required and may be used to complement years of work experience
• Utility experience, understanding of utility financials, advanced Excel skills and experience with SAP financial systems preferred
• Additional experience with project management experience a plus
  
  

Skills/Abilities

• Strong analytic and critical thinking skills with the ability to grasp new concepts quickly
• Strong communicator (verbal and written)
• Able to lead a group of two or more individuals
• Advanced knowledge of applications and mainframe accounting systems is required
• Detailed knowledge of GAAP, IFRS and FERC Accounting requirements and utility industry practices
• Think holistically and strategically
• Attention to detail
• Progressive in their career path with the ability to advance and lead without formal authority
  
  

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Company

AVANGRID SERVICE 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

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

Job Posting End Date

March-31-2025