This position is responsible for proper execution of the intercompany cycle: posting, balancing and ensuring an accurate monthly close for intercompany transactions within Avangrid Group. Executing non-cash payment runs and preparing the cash intercompany payments in coordination with Accounts Payable and Treasury departments. Maintaining the intercompany contracts repository in SAP.
MAJOR ROLES AND RESPONSIBILITIES:
Responsible for the balanced and accurate posting of all intercompany transactions in SAP for over 100 companies within Avangrid Group. Ability to interact with Control, Consolidation, Treasury, Tax in the US and Administration team in Spain. Preparation and distribution of intercompany invoices as needed, in accordance with all applicable legal, regulatory and taxation requirements. Monitoring and follow up of aged invoices. Reconciliation and balancing of intercompany Balance Sheet and Profit and Loss general ledger accounts in SAP in accordance with organizational controls. Clearing of intercompany debts through intercompany loans and cash payments as required. Maintain the intercompany contracts Repository in SAP (currently over 167 contracts). Adhere to effective requirements of the Sarbanes-Oxley Act. Prepare supporting work papers for audit teams to review and be able to address their questions in a professional and timely manner. Backup bank reconciliation team. Assign cash to appropriate responsible department, clear outgoing and incoming payments through a reconciliation tool in SAP and research outstanding unreconciled items.
SKILLS/ABILITIES:
- SAP or any other ERP system literacy.
- Excellent verbal and written communication skills.
- Ability to communicate successfully with multiple organizations in the business.
- Exceptional technical skills, analytical capabilities and attention to detail.
- Used to work in demanding environments, meeting deadlines.
REQUIRED EDUCATION AND EXPERIENCE
- Bachelor’s degree in finance or accounting field or equivalent combination of education and experience.
- Proficiency in Microsoft Office: Word, Outlook, Advanced Skills in Excel.
- Minimum of 3 years of solid experience as it relates to the job description or in similar fields.
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.
