Manager - Financial Planning&Investments

Job Title: Manager - Financial Planning & Investments

Department:  Finance

Reports to: Director Business Planning & Investment
Location: In Office,  Boston MA

The base salary range for this position is dependent upon experience and location, ranging from: $131,483.20 - $164,354

Job Summary

The Manager of Financial Planning and Investments for Avangrid will provide support to the Controller and the Business Analysis and Planning Executive Director across the Control organization. The job involves frequent interaction and coordination with Accounting, Business Analysis and Performance, Business (Networks, Power and Gas) controllers and Iberdrola Corporate Control. The position requires a strong specialization in Finance, valuation techniques and a good understanding of the energy markets.

Key Responsibilities

• Prepare the long term financial projections of Avangrid (AGR) for Investor's day, rating agencies presentation and Group consolidation.

• Assist in the preparation of appropriate analysis and presentations to communicate and explain the long term plan to Avangrid Corporate Control, appropriate Avangrid Committees and Board and Iberdrola Control.

• Monitor business developments and quantify impact on the plans and business valuation

• Assist in the coordination of the Goodwill Impairment testing for both IFRS and GAAP promoting the development of the adequate procedures for the satisfactory and timely delivery of the tests by all the businesses.

• Supervise and participate in the completion of the internal controls related to the Goodwill Impairment testing process.

• Coordinate interaction with auditors and preparation of information requests.

• Support the application of the investment standard for Avangrid ensuring that all investment proposals are appropriately documented, aligned with the Long Term Plan and Budget and in compliance with Avangrid Investment Standard requirements.

• Assist in the preparation of analyses and reports for Avangrid Control, Iberdrola Control and Avangrid Committees and Boards, which provide an independent view of the risks and earnings/profitability volatility inherent in all investment plans, budgets and forecasts.

• Analysis of deviations compared to the Plan and Dossiers.

• Support the analysis and valuation of non-organic growth opportunities, such as potential future Company acquisitions.

• Support the Purchase Price Allocation work in case of new acquisitions.

• Support the Financial planning & Investments - Director, Avangrid Controllers and senior management, by undertaking ad-hoc project activities, utilizing business knowledge, and present recommendations to enable senior management to take appropriate action

• This position will be required to deputize for the Planning & Investments Director in their absence.

Required Qualifications

• Education & Experience Required:

  • Bachelor's Degree required with minimum of 8 years relevant work experience in the finance/control area. Equivalent combination of education and experience may be considered.

  • Expert knowledge in Finance and enterprise valuation techniques

  • Strong financial modeling skills.

  • Demonstrated proficiency with Excel/spreadsheets

• Skills/Abilities:

  • Excellent analytical and written / verbal communication skills

  • Self-starter

  • Strong Delivery focus

  • Ability to prioritize and use initiative at appropriate level

  • Ability to work effectively both individually and as a member of a team

  • Confidence to challenge/question where appropriate

  • Strong analytical skills

  • Sound organizational and time management skills

Preferred Qualifications

• MBA with Finance emphasis

• Exposure to IFRS Accounting

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.

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 [email protected].

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.

Avangrid employees may also be assigned a NERC Reliability Standards compliance role supporting Critical Infrastructure Protection (CIP) and/or Operations and Planning (O&P) responsibilities. This is applicable to employees that will work in electric transmission, operations, and cyber security business areas in Connecticut, Maine, Massachusetts, and New York within Avangrid Network and Corporate business areas. NERC Reliability Standards compliance roles and responsibilities may include additional access protections, training, audit engagement, and required evidence retention, and will be communicated by the employee’s management.

Job Posting End Date: