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Director - Corporate Control Accounting

The base salary range for this position is dependent upon experience and location, ranging from: $175,000 - $219,000

Job Summary:


This position is responsible for the direction and oversight of the accounting activities within Avangrid Group (AGR), which includes both regulated and non-regulated business affiliates. This position will also be responsible for the oversight of the management and control of the AGR Financial Ledger completed the roles direct reports including supporting the AGR Business Control Teams in their understanding and use of the SAP application to meet US GAAP and Iberdrola accounting standards. Additionally, this position will be responsible for the AGR standalone financial information. This position will have two direct reports into their group of 8 including themselves.

Key Responsibilities:

  • Responsibility over the accounting close of the AGR standalone companies in all applicable accounting standards (US GAAP & IFRS) by enforcing established timelines and completion of deliverables. Review and/or preparation of standalone financial results. Approval and submission of post-closing accounting entries from AGR Subsidiary Accounting Teams and coordination with Consolidations Department to meet consolidated reporting needs.

  • Implement SAP in all present and future USA companies.

  • Non Transactional SAP Master Data Creation/Maintenance in coordination with Iberdrola SA and USA Business Performance.

  • Review of SAP transactional activities to ensure USA compliance with all accounting deliverables, policies and procedures of the parent company.

  • Transactional SAP Master Data Creation/Maintenance including orders and projects in coordination with Iberdrola SA and USA Business Performance to support asset and general accounting processes.

  • Maintenance of deduction tables between auxiliary systems and SAP in coordination with Iberdrola SA and system owners.

  • Responsible for the Fixed Asset data within SAP.

  • Prepare and implement detailed accounting policies and determine how to account for each operation and with which criteria and underlying data. Work closely with the accounting standards team to prepare and determine these policies.

  • Communicate accounting policies and quality standards to the rest of the three AGR Subsidiary Accounting Teams. Ensure compliance by providing support to AGR Subsidiary Accounting Teams.

  • Ensure accurate reporting by challenging variances and unusual items in monthly P&L and key performance indicators and coordinating with AGR Subsidiary Accounting Teams to resolve issues.

  • Determine accounting risks in conjunction with Internal Controls Department and design appropriate internal controls. Ensure appropriate operating effectiveness of department controls.

  • Work closely with the external and internal auditors to ensure timely and successful completion of audits.

Required Qualifications:
 

Education & Experience Required:

  • Bachelor’s Degree in Accounting, Finance or related field required.

  • CPA and Master’s degree preferred.

  • A minimum of 8 years relevant accounting experience.

  • Accounting or financial experience in a management role required.

  • Experience in preparation or audit of financial statements required.

Skills/Abilities:

  • Detailed knowledge of US GAAP required.

  • Knowledge of IFRS accounting standards preferred.

  • Knowledge of FERC accounting standards preferred.

  • Experience with SAP required.

  • Strong leadership skills required.

  • Excellent analytical and problem-solving ability required.

  • Strong communication skills, both verbal and written required.


 

Preferred Qualifications:
 

Delivering for the Business:

  • Global view of the Business - ADVANCED

  • Achieving Results and Continuous Improvements - ADVANCED

  • Initiative - ADVANCED

  • Innovation & Creativity - ADVANCED

Global Relationships:

  • Flexibility & Globalization - ADVANCED

  • Customer Focus - ADVANCED

  • Communicating & Influencing - ADVANCED

  • Team Work - ADVANCED

Managing People:

  • Team Management - ADVANCED

  • Developing Others - ADVANCED

  • Iberdrola IUSA Competency Model

Delivering for the Business:

  • Global view of the Business

  • Initial – Knows and understands own area of responsibility.

  • Competent – Identifies and understands the relationships and links with other areas across the organization.

  • Advanced – Can identify how his/her own business area contributes to the Iberdrola Group.

  • Expert – Has a view of the organizational environment and the external market.

Achieving Results and Continuous Improvements:

  • Initial – Performs work adequately, striving for effectiveness. Achieves agreed goals.

  • Competent – Creates own working standards, places high demands on him/herself and the results achieved.

  • Advanced – Makes changes in order to improve performance or results.

  • Expert – Assumes new challenges, taking calculated risks.

Initiative:

  • Initial – Solves problems in day-to-day role.

  • Competent – Acts quickly and decisively in uncertain situations.

  • Advanced – Anticipates problems and opportunities and acts accordingly.

  • Expert – Creates opportunities and acts with future vision.

Innovation & Creativity:

  • Initial – Willingly accepts innovative approaches.

  • Competent – Has innovative ideas by applying experiences and knowledge already learned.

  • Advanced – Fosters creative, innovative atmosphere in his/her working environment.

  • Expert – Innovates & creates new concepts (Products, services, processes, etc.).

GLOBAL RELATIONSHIPS:
 

Flexibility & Globalization:

  • Initial – Accepts the need to be flexible, reacts with a positive attitude to changes.

  • Competent – Adapts his/her way of working to new requirements.

  • Advanced – Facilitates change, adapts action strategy according to the changes in the internal/external environment.

  • Expert – Instigates change.

Customer Focus:

  • Initial – Responds to customer requests.

  • Competent – Commits to the Customer.

  • Advanced – Improves Service for current needs.

  • Expert – Anticipates future needs.

Communicating & Influencing:

  • Initial – Communicates appropriately with others within the usual working environment.

  • Competent – Effectively communicates in more complex situations with a variety of people, with whom there may or may not be regular contact.

  • Advanced – Exerts influence by using persuasive and convincing techniques.

  • Expert – Uses network of contacts positively and encourages collaboration to successfully achieve objectives.

Team Work:

  • Initial – Participates in the team.

  • Competent – Involves himself/herself proactively in the team.

  • Advanced – Creates a team.

  • Expert – Promotes teamwork across departments.

MANAGING PEOPLE:
 

Team Management:

  • Initial – Encourages team effectiveness by distributing tasks appropriately.

  • Competent – Takes each team member into account when making decisions, as well as the team as a whole.

  • Advanced – Demands High performance.

  • Expert – His/her team interacts in an optimal way across the organization.

Developing Others:

  • Initial – Carries out specific development actions.

  • Competent – Performs constant development activities for the team as a whole.

  • Advanced – Proposes and carries out individual development activities.

  • Expert – Generates a culture of professional development, contributing to the sustained growth of the organization.

#LI-On-Site

#LI-JM1

Company:

AVANGRID MANAGEMENT COMPANY, LLC.

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.

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 Power.

Job Posting End Date:

April-25-2025

Average salary estimate

$197000 / YEARLY (est.)
min
max
$175000K
$219000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Director - Corporate Control Accounting, iberdrola

Are you looking for an exciting opportunity as the Director - Corporate Control Accounting at Avangrid Management Company, LLC? If you have a passion for innovative accounting solutions and leadership, we want to hear from you! In this vibrant role based in the heart of Boston, Massachusetts, you will play a vital role in guiding the accounting activities within the Avangrid Group. You will oversee both regulated and non-regulated business affiliates while ensuring compliance with US GAAP and Iberdrola accounting standards. As a leader, you'll be responsible for the management and control of the AGR Financial Ledger, providing valuable insights to the AGR Business Control Teams on SAP usage. Your expertise will be essential for preparing and implementing accounting policies and maintaining accurate financial information. You'll lead a talented team, fostering an environment of collaboration, innovation, and growth. If you have a track record in management roles and a deep understanding of accounting standards, along with the ability to delegate tasks effectively, this is the chance to take your career to the next level. Enjoy competitive compensation ranging from $175,000 to $219,000 based on your experience. Avangrid values diversity and inclusion, offering equal opportunities as you embark on this journey with us. Let's achieve remarkable results together!

Frequently Asked Questions (FAQs) for Director - Corporate Control Accounting Role at iberdrola
What responsibilities does the Director - Corporate Control Accounting at Avangrid key holders have?

The Director - Corporate Control Accounting at Avangrid is responsible for overseeing the accounting close of AGR standalone companies, ensuring compliance with US GAAP and IFRS. Key responsibilities include the review and preparation of financial results, implementation of SAP across various entities, maintenance of fixed asset data, and communication of accounting policies to subsidiary teams.

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What qualifications are needed to apply for the position of Director - Corporate Control Accounting at Avangrid?

To apply for the Director - Corporate Control Accounting position at Avangrid, candidates need a Bachelor's Degree in Accounting, Finance, or a related field, along with a CPA being preferred. Additionally, a minimum of 8 years of relevant accounting experience in a management role is essential, including preparation or auditing of financial statements.

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How does the Director - Corporate Control Accounting ensure compliance with accounting standards at Avangrid?

The Director - Corporate Control Accounting ensures compliance by overseeing the accounting activities within Agravrid, including the enforcement of established timelines, reviewing financial results, and coordinating with the Internal Controls Department to establish and maintain effective internal controls over financial reporting.

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What software does the Director - Corporate Control Accounting at Avangrid need to be proficient in?

The Director - Corporate Control Accounting at Avangrid must have experience with SAP software, as it's integral to managing and controlling the financial ledger and ensuring compliance with accounting standards. Familiarity with SAP applications also helps support the business control teams effectively.

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What leadership skills are required for the Director - Corporate Control Accounting role at Avangrid?

Strong leadership skills are crucial for the Director - Corporate Control Accounting role at Avangrid. The ideal candidate should possess excellent analytical abilities, problem-solving skills, and strong communication capabilities to guide a diverse team, enhance departmental performance, and foster a collaborative work environment.

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Common Interview Questions for Director - Corporate Control Accounting
Can you explain your experience with US GAAP and IFRS as a Director - Corporate Control Accounting?

When answering this question, highlight specific instances where you've applied US GAAP or IFRS standards in your previous roles. Discuss your experience in preparing financial statements, compliance check routines, or how you've trained teams to adhere to these standards.

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How do you handle tight deadlines in accounting close processes?

Discuss your strategies for effective time management, such as creating timelines, monitoring progress, and ensuring clear communication amongst team members to meet deadlines without compromising accuracy.

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What role does SAP play in your accounting processes?

Explain your experiences utilizing SAP, detailing how you’ve implemented it in previous roles, managed master data, and ensured transactional data accuracy. Share successful outcomes from leveraging SAP in financial reporting.

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Can you give an example of a time you resolved an accounting discrepancy?

Share a specific example where you identified an accounting discrepancy, the steps you took to investigate it, and how you communicated the findings to your team or external auditors, demonstrating your problem-solving skills.

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Describe your approach to managing and developing an accounting team.

Talk about your management style, techniques for providing constructive feedback, and how you promote professional development through training programs or mentorship, ensuring that your team meets high performance standards.

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What is your experience with financial audits?

Describe your role in previous audits, detailing your interactions with auditors, how you prepared documentation, and the strategies used to ensure audits were completed on time and successfully resolved any findings.

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How would you approach implementing new accounting policies at Avangrid?

Discuss how you would assess current accounting policies, engage with stakeholders to identify gaps, and communicate changes effectively across the organization while providing necessary training to ensure compliance.

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What challenges do you foresee in the Director - Corporate Control Accounting role?

Acknowledge potential challenges such as regulatory changes or evolving industry standards, and express your willingness to adapt and implement necessary changes by staying informed through continuous learning.

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How do you ensure accuracy in financial reporting?

Emphasize your methods for establishing stringent review processes, utilizing technology for error detection, and fostering a culture of accountability and transparency within the accounting teams.

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Are you familiar with FERC accounting standards, and how might they apply to this role?

If you have experience with FERC standards, explain how they relate to your past roles in regulated industries. If not, express your willingness and preparedness to learn and apply these standards as required in the Director role.

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EMPLOYMENT TYPE
Full-time, on-site
DATE POSTED
April 11, 2025

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