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Lead Analyst - Accounts Payable

Job Title: Lead Analyst - Accounts Payable

In office Location: Portland, ME or Orange, CT

Reports to: Manager, Accounts Payable

The base salary range for this position is dependent upon experience and location, ranging from: $26.98 - $33.72/hr

JOB SUMMARY:

Scope of Work - Main duties, settings, geography, reporting relationships, other relationships:

The Lead Analyst - Accounts Payable assists in the coordination of activities in the Avangrid General Administration Department for the Avangrid General Administration Management Team.  This role is essential to ensuring compliance with Avangrid policies and procedures within the Iberdrola Group. This role is essential to ensuring the accurateness, efficiency, and effectiveness of Avangrid General Administration activities meet or exceed the Corporate Standard.

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

  • Provides transactional support for activity related to Accounts Payable which may include payment processing, maintaining vendor master data, researching and resolving invoice discrepancies or issues, processing vendor invoices and supporting the Accounts Payable staff.

  • Prepares analysis and ad-hoc data requests as needed in addition to Internal and External Audit support with ample opportunity for review by Management previous to any internal or external deadlines

  • Remains current concerning new developments in the area of SAP system processes and controls.

  • Performs General Administration SOX Controls.

  • Follows accounting policies, proposes technical recommendations and provides assistance to management and others.

  • Reviews and is knowledgeable of General Administration functional procedures related to administration processes.

  • Assists with Administration projects related to continuous improvement and other ad-hoc assignments as required.

  • As a member of the Avangrid General Administration Team, this position supports Avangrid Administration Management as required, driving delivery of Administration objectives.

  • Ensures adherence to policies, criteria and procedures established by Purchasing, Tax, Finance and Administration Departments, identifying discrepancies and proactively working to improve alignment with the model beyond purely transactional duties, to comply with the need for US Business Control and Management approval

JOB REQUIREMENTS:

Education & Experience Required:

  • Bachelor's degree in a related discipline including but not limited to Accounting, Finance, Economics or Business Administration and at least 8 years of experience. The equivalent combination of education and experience may be considered.

  • Experience in understanding accounting principles, control procedures, especially in areas related with accounts payable.

  • Experience in payment concepts, SAP ERP systems and MS Office.

Skills/Abilities:

  • Excellent interpersonal skills

  • Analytical competence and technical skills

  • Able to interact effectively with all levels of staff

  • Ability to work independently

  • Ability to exercise critical thinking & listening skills

  • Ability to provide feedback and resolution to problems and issues

#LI-CP1

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:

May-4-2025

Average salary estimate

$63000 / YEARLY (est.)
min
max
$56000K
$70000K

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 Lead Analyst - Accounts Payable, iberdrola

Join Avangrid Management Company, LLC as a Lead Analyst - Accounts Payable in either Portland, ME or Orange, CT, where you'll play a vital role in our General Administration Department. In this dynamic position, your primary responsibility will involve coordinating various activities under the guidance of the Manager, Accounts Payable. The Lead Analyst will ensure that our operations adhere to the strict compliance standards set forth by Avangrid and the Iberdrola Group, ensuring accuracy and efficiency in our internal processes. Your day-to-day activities will include providing critical transactional support, processing vendor payments, managing vendor data, and resolving invoice discrepancies. You'll have the chance to dive into data analysis and support both internal and external audits, all while keeping up-to-date with any SAP system innovations. With a focus on continuous improvement, you'll assist with administration projects that elevate our procedures beyond typical transactional duties. This role not only requires a solid foundation in accounting principles and a bachelor’s degree in a relevant field but also the ability to think critically and communicate effectively across different levels of the organization. If you're ready to embrace new challenges and are driven to contribute towards our goals, we encourage you to apply today and be part of our dedicated team!

Frequently Asked Questions (FAQs) for Lead Analyst - Accounts Payable Role at iberdrola
What are the primary responsibilities of a Lead Analyst - Accounts Payable at Avangrid Management Company?

As the Lead Analyst - Accounts Payable at Avangrid Management Company, your primary responsibilities include managing accounts payable transactions such as payment processing, maintaining vendor master data, and resolving discrepancies in invoices. You'll also conduct data analysis and provide audit support, ensuring compliance with internal policies and standards across the Iberdrola Group.

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What qualifications are required for the Lead Analyst - Accounts Payable position at Avangrid?

To qualify for the Lead Analyst - Accounts Payable position at Avangrid Management Company, candidates must possess a bachelor's degree in a related field such as Accounting or Finance, along with at least 8 years of relevant experience. Knowledge of accounting principles, control procedures, and proficiency in SAP ERP systems and Microsoft Office are essential for this role.

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How does Avangrid ensure compliance within its Accounts Payable processes?

Avangrid ensures compliance in its Accounts Payable processes by strictly following internal policies and procedures established by various departments such as Purchasing and Finance. The Lead Analyst plays a key role in identifying discrepancies and working to realign processes to meet compliance needs while ensuring that all transactions adhere to corporate standards.

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What skills are important for success as a Lead Analyst - Accounts Payable at Avangrid?

Successful candidates for the Lead Analyst - Accounts Payable role at Avangrid should exhibit strong interpersonal skills, analytical competence, and technical capabilities. The ability to communicate effectively, work independently, and utilize critical thinking to solve problems is crucial for driving continuous improvement in accounts payable operations.

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What opportunities for career growth exist in the Lead Analyst - Accounts Payable role at Avangrid?

Working as a Lead Analyst - Accounts Payable at Avangrid offers numerous opportunities for career growth. Given the high visibility of this role in supporting management and driving administration objectives, you will have the chance to broaden your skills in financial analysis, compliance, and strategic process improvement, opening doors for advancement within the organization.

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Common Interview Questions for Lead Analyst - Accounts Payable
What experience do you have with the SAP accounting system?

When answering this question, highlight specific instances where you used SAP in processing payments, managing master data, or resolving discrepancies. Describe your familiarity with its functionalities and how you've leveraged them for efficiency.

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Can you explain the accounts payable process and its importance?

The accounts payable process involves receiving, reviewing, and approving invoices before payment is made to vendors. Emphasize the importance of accuracy, compliance, and timely payments in maintaining healthy vendor relationships and ensuring financial integrity.

Join Rise to see the full answer
How do you handle discrepancies in invoices?

Explain your problem-solving approach when encountering discrepancies. Discuss steps like communicating with vendors, verifying details against purchase orders, and coordinating with internal teams to resolve issues efficiently.

Join Rise to see the full answer
Describe an example of a project you have implemented for continuous improvement in accounts payable.

Provide a clear example of a project where you identified inefficiencies in the accounts payable process and implemented a solution. Detail the steps taken and the results achieved, focusing on how it enhanced operations.

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What do you think are the key functions of a Lead Analyst in Accounts Payable?

Key functions include ensuring compliance with policies, providing transactional support, analyzing financial data, and collaborating with different departments to improve AP processes. Demonstrate your understanding of the strategic role this position plays in broader financial operations.

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How would you prioritize your tasks as a Lead Analyst - Accounts Payable?

Discuss your method for prioritizing tasks based on deadlines, impact on operations, and potential compliance issues. Describe how you balance urgent tasks against long-term goals to ensure efficient workflow.

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What strategies do you employ to maintain effective communication with team members?

Share your strategies for maintaining clear communication, such as regular check-ins, utilizing project management tools, and fostering an open environment for feedback. Illustrate how effective communication contributes to team success.

Join Rise to see the full answer
How do you stay updated with changes in accounting regulations?

Mention any resources you utilize, such as industry publications, webinars, or professional organizations. Discuss your commitment to professional development and how it impacts your role positively.

Join Rise to see the full answer
What role does teamwork play in accounts payable?

Emphasize the collaborative nature of accounts payable work, including the need to coordinate with vendors and different departments. Talk about how effective teamwork can enhance accuracy and efficiency in the payment process.

Join Rise to see the full answer
What do you find most challenging about being a Lead Analyst in Accounts Payable?

Acknowledge the complexities of managing compliance and accuracy in a rapidly evolving business environment. Share your strategies for overcoming challenges, such as continuous learning and building strong vendor relationships.

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EMPLOYMENT TYPE
Full-time, on-site
DATE POSTED
April 4, 2025

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