Internal Auditor

Avangrid Internal Auditor

The base salary range for this position is dependent upon experience and location, ranging from $72,400 to $90,500.

What We Offer:

• Competitive benefits and growth opportunities
• Generous performance-based bonuses
• 12% 401(k) match
• Comprehensive health, dental, and vision insurance
• Tuition reimbursement
• Professional development and clear career advancement pathways

Job Summary Requirements (and Scope of Work):

The Avangrid Internal Auditor is a self-motivated, adaptive, quick learner who works well in a fast-paced environment. This role is an individual contributor who must develop relationships throughout the company to facilitate the audit programs that he/she will execute and accomplish the mission set forth by the Audit & Compliance Committee of the Board of Directors. Excellent communication skills are a must. The Internal Auditor is responsible for performing audits from the annual Internal Audit Plan, which includes operational, financial, regulatory, and compliance audits. This role will report to a Director or Manager of Avangrid Internal Audit.

The employee has access to Avangrid's company records, properties, and personnel; freedom to appraise policies, plans, procedures and records which are relevant to the subjects under review; make recommendations to strengthen controls, improve operating effectiveness, and increase efficiency.

Major Roles and Responsibilities:

• Performs audits, using data analytics where applicable, to verify accuracy and ensure compliance with plans, policies, and procedures proscribed by management, develops the audit scope, evaluates risks, develops an effective audit program, conducts interviews with personnel, and performs the audit testing.
• Demonstrates the ability to remain agile and understands their role in helping implement change within the organization. Takes responsibility for personal behavior and actions. Maintains a positive attitude towards change. Brainstorms solutions when faced with change.
• Delivers clear and sufficient evidence to support observations, testing, conclusions, and recommendations.
• Drafts the audit report summarizing the audit findings, exceptions, and recommendations for oral and written audit reports to management. Summarizes audit findings and preliminary recommendations, with appropriate indication of risk, for review by the Director/Manager of Internal Audit for clarification of facts. Demonstrates awareness that there is always room for improvement by identifying and communicating opportunities for improving based on experiences, and tangible recommendations and solutions.
• Performs testing to evaluate design and operational effectiveness of internal controls.
• Evaluates the adequacy and effectiveness of controls, identifies internal control weaknesses, and participates in developing recommendations for cost-effective solutions in an effort to ensure that Avangrid and its operating company assets are safeguarded, accounting records are accurate and in accordance with GAAP, company policies, procedures, and legal and regulatory obligations are adhered to.
• Provides assistance to external auditors, when applicable, related to internal control testing reliance.
• Conducts follow-up reviews on audit finding recommendations and management actions. Participates in ongoing reviews that tracks and appraises the implementation of the audit recommendations.
• Demonstrates an understanding of the principles of the identification, assessment and management of risk and uses this knowledge to assist in risk assessment exercises, including the identification of risk and assessment of the control design relative to risks.
• Identifies and uses appropriate methods to gain an understanding of the area or topic under review, its operations, and its processes, including any regulatory, compliance, or legal impacts.
• Demonstrates basic awareness about judgmental or statistical sampling techniques. Can analyze data trends, correlation, deviation, gaps, age, median, average etc.
• Demonstrates the ability to participate in several projects at once, while managing their individual workload and successfully delivering assignments to the expected quality within the agreed timeframes.
• Gathers and reports data for measurements of audit benchmarking capabilities and improvement effort priorities.

Skills/Abilities:

• Understands and applies good communication skills to develop relationships. Communicates professionally in all communication forms. Structures questions well to obtain key information.
• Ability to plan, organize, collect and analyze data
• Strong problem-solving skills and sound independent judgment
• Demonstrated effectiveness in collaboration and working with others
• Understands business ethics and fraud concepts so that they can recognize material misstatements, errors, or fraud in financial planning and/or reporting statements while executing audits.

Education & Experience:

• Bachelor's Degree required
• 2+ years of experience in auditing, accounting or related field is preferred
• Demonstrates a basic knowledge of Generally Accepted Accounting Principles (GAAP). Performs analysis related to routine business processes and financial statements.
• Knowledge of relevant utility experience preferred
• Experience with auditing company internal controls is preferred

Certifications:

• CPA, CIA and/or CFE certification is strongly desired but not required