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Manager- Technical Accounting & Special Projects

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Date: Aug 10, 2019

Location: Portland, ME, US

Company: IBERDROLA, S.A.

Location: Portland, Maine

Reports to: Director, Technical Accounting


Iberdrola’s newly created Retail e-Solutions organization is seeking talented candidates who are passionate about innovation, green energy and delivering smart customer solutions. We are seeking self-driven, passionate and ambitious individuals to join our fast paced, dynamic organization. Now is the best time to join our company and grow your career with us.



This position is designed to augment existing resources in the technical accounting and external reporting function, and to increase oversight and timely identification of issues, evaluation and documentation of accounting conclusions. This involves leading and managing ad-hoc project initiatives, including interaction with executives and across functions, in new accounting matters and unique transactions. This position also has the responsibility for the accounting standards and application of technical accounting decisions/conclusions across the Avangrid Group (AGR), which includes both regulated and non-regulated business affiliates in the Power and Utilities industry that are consolidated within the Avangrid SEC Registrant.  The ideal candidate will be able to identify, evaluate, debate and document complex technical and operational accounting issues, and has an ability to describe complex technical accounting concepts in simple easy to understand terms and present to audiences. 

The candidate will assist in reporting processes for Avangrid in accordance with US GAAP through required filings with the SEC and in accordance with Iberdrola Group Accounting Policies (IFRS) within prescribed reporting forms for Iberdrola’s global external reporting. A portion of the responsibilities will be spent in coordinating with external and internal audits and strong relationships will be required. The candidate will liaise with Iberdrola’s global finance and operations organization, and will be involved in several initiatives to optimize and enhance the Company’s financial reporting and infrastructure. 

This position will have no direct reports.



1.    Provide technical accounting analysis and documented conclusions around accounting positions.
2.    Project-manage and determine impacts of complex operations and ad-hoc transactions under US GAAP and IFRS.
3.    Review complex accounting areas and matters (e.g., regulatory accounting, revenue recognition, consolidation, equity method accounting including tax equity, business combination, goodwill, derivatives)
4.    Plan and implement detailed accounting policies surrounding US GAAP     and IFRS and oversee new standard implementations at the underlying     businesses.  Work closely with the business and other corporate     control teams to prepare, determine, and maintain these policies.
5.    Assist in the coordination of all external and internal audits including the resolution of open comments and findings.
6.        Independent review of US GAAP and IFRS financial statements and its disclosures.
7.    Ensure accurate reporting by assisting in challenging variances and unusual items in monthly P&L and key performance indicators and coordinating with AGR Subsidiary Accounting Teams and across departments (tax, regulatory, etc.) to resolve issues.
8.    Other duties and special projects as assigned.



Education & Experience Required:

•    Bachelor’s Degree in Accounting, Finance or related field at minimum
•    Minimum of 7 years in accounting/auditing
•    Certified Public Accountant or CPA-eligible candidate
•    Accounting or financial experience in a management role required
•    Direct and recent experience with SEC and US GAAP technical accounting and disclosure requirements
•    Experience with the Sarbanes-Oxley compliance including design of internal controls, evaluation, testing and remediation
•    Public accounting/auditing firm experience preferred


•    Detailed knowledge of US GAAP required
•    Knowledge of power and/or utility accounting preferred
•    Strong understanding of the economic and financial impact of all relevant documents (i.e. financing agreements, operating contracts, partnership agreements, etc.)
•    Knowledge of IFRS accounting standards preferred
•    Knowledge of FERC accounting standards preferred
•    Strong leadership skills required
•    Strong project management skills required
•    Strong analytical and problem solving ability required
•    Strong communication skills, both verbal and written required

Nearest Major Market: Portland Maine

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