The base salary range for this position is dependent upon experience and location, ranging from: $152,000 - $199,000

Reporting directly to the Vice President – Treasury, the Director of Financing Management and Planning will be responsible for Planning & Analysis and Corporate & OpCos Financing for AVANGRID and its subsidiaries. The incumbent will manage and lead treasury staff who will carry out the responsibilities of the Department along with and, under the supervision of the Director.

You will collaborate cross-functionally to develop more effective financing strategies and insightful reporting, to support regulatory needs regarding financing and capital structure, to provide financing assumptions for internal budgets and strategic plans, and to help to minimize risk. Treasury is essential to upholding our commitment to excellence, and it is directly responsible for shaping the Company's future and ensuring the day-to-day financial health of the Company.

You will be required to organize, manage, and communicate about critical plans, initiatives, and strategy, contributing analytical and organizational skills, the ability to communicate effectively in person and writing, an aptitude for learning, an ability to develop and implement creative ideas, and the discipline to manage competing projects with tight deadlines for all Company activities. You will be expected to enable and facilitate staff training and development and to provide for cross-training, where applicable and appropriate.

Planning & Analysis area: Responsible for forecasting reporting and analysis of all finance & treasury related elements of the business.

Cash Flow: Principally responsible for all cash forecasting (Budget and Revisions) over multiple time horizons: daily, weekly, monthly quarterly, annual, and multi-year. Utilization of Treasury tools for shorter-term forecasting and significant interaction with Control Group and the business units over longer time horizon. Cash flow reporting, analysis and comparison to budgets and forecasts. Identification and analysis of major variances. Production of periodic reports on cash flow and financial metrics.

Debt Balances and Costs: Principally responsible for detailed forecasting, reporting and variance analysis on company debt (balance sheet) portfolio and cost of debt (interest expense).

Capital Structure: Supports forecasting and analysis of capital structure. Identification of long-term and short-term financing needs and dividend recommendations. Development of recommendations regarding meeting financing needs through internal or external market mechanisms.

External Financial Statements: Supports production of 10-K, 10-Q and subsidiary financial statements through review of debt related items and production of certain exhibits and notes included in the statements.

Corp & OpCos Financing (Front Office): Responsible for debt front office activities in Avangrid and OpCos:

Determine and forecast foreign exchange and interest rate hedge needs to reduce market exposure. Execute hedges:

Preparation and filing of periodic required regulatory reports.

Negotiate and maintain sufficient letter of credit lines to satisfy collateral needs for the business units.

Coordinate green financing efforts, according to Avangrid Framework for Green Financing, monitor compliance of green financing debt requirements.

Skills/Abilities

Company

AVANGRID MANAGEMENT COMPANY, LLC.

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.