The base salary range for this position is dependent upon experience and location, ranging from $98,785 to $123,482
This position is responsible for monitoring the utilization of SAP Real Estate (RE) for the AGR Businesses (Corporate, Power and Networks) to include technical analysis of potential lease and long-term contracts, system inputs and presentation of results.
This position will have no direct reports in their group of three including themselves.
Review contracts entered in SAP Real Estate (RE) by the AGR Businesses (Corporate, Power and Networks) for accounting treatment as capitalized software license, leases, or long-term contracts under both US GAAP and IFRS accounting standards through comparison of business inputs against contracts, amendments, or other supporting documentation. Input variable payment drivers as provided by the business and analyze all the postings made via SAP RE to ensure accurate financial results and timely settlement of liabilities. Coordinate with the business to ensure updates of cost estimates for Accrued Removal Obligations (ARO) are accurate, and calculate of US GAAP weighted average discount rates used for ARO contracts discounting. Prepare monthly reporting to facilitate the needs of Management and Business Control Teams, fulfil financial reporting requirements, document internal controls, and generate ongoing KPI reporting for business areas. Function as subject matter expert resource for businesses on topics including lease accounting, ARO accounting, and SAP real estate system processes. Lead or coordinate lease accounting and SAP Real Estate ad-hoc projects for changes to accounting processes or for system developments.
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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.