Ira Lynch - Financial Analyst, Avangrid

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💰20%

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💸20%

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Geos

🇺🇸100%

United States

Work Background

International LEAP NetworkExecutive Member

Aug. 2022LEAP is a private exclusive network for members of the #CareerLeap Program: executive leaders, entrepreneurs, and high achievers from around the world who inspire and drive growth and impact on themselves, their work, and their communities.

AVANGRID, Inc. (formerly UIL Holdings Corporation)Lead Analyst - Planning & Analysis Treasury

Sep. 2015Portland, Maine AreaResponsible for forecasting and analysis in Finance & Treasury for Avangrid and all its subsidiaries. ● Developed a cash flow forecast utilizing SAP, resulting in greater efficiencies in liquidity and helped to determine cash needs in the U.S., managing flows of $20 million to $80 million per day.

Japan Research Institute - AmericaFinancial Reporting Consultant (Consultant of Staffing Solutions USA)

Oct. 2013 - Mar. 2015Rochester, New York Area (Remote Access)Supervised SMBC’s book of IT assets. Oversaw and reviewed work of a staff member. Managed all aspects of IT hardware and software assets. Identified opportunities to improve efficiency and effectiveness in current processes. ● Led improvements in asset disposal processes. Created an excel macro to aggregate purchase records of IT assets spanning over 12 years into a centralized list. Enhanced the list by appending non-queryable data to support reconciliation efforts and be used later for data analytics such as vendor performance.

Excellus BCBSVendor Management Intern

Jun. 2013 - Jul. 2013Rochester, New York AreaDesigned framework for IT vendor database to ensure risk management. • Vendor Management/ Process Improvement: Developed criteria for ranking and managing 800 vendors used to support the IT department; proposal was accepted and resulted in a focused effort when dealing with vendors. Produced 48 measurement metrics to use (14 required) as performance measures when engaging with vendors. • Cross Functional Teams: Coordinated with stakeholders to ensure proper performance measurements are included.

Japan Research Institute - AmericaFinancial Reporting Specialist

Oct. 2011 - Jan. 2013Greater New York City AreaManagement Reporting: In-depth analysis of IT infrastructure spending (used oracle GL and excel pivot tables). Resulted in improved & timely reports that drove improved costing, customer responsiveness, and charge backs. • Leading Projects: Streamlined and reduced the number of days to receive an annual $16.8 million payment to North America region through the global IT cost allocation exercise (represented 95% of the division’s revenue) between North America and Europe. • Leading Projects: Created month-end invoices (used excel macros and oracle GL data) that are charged to SMBC and other subsidiaries, resulting in over $30 million in charges annually and generated $900K in profit for JRI-A – annually. • Process Improvement: Organized end-of-month payment schedule with vendor accounting group and controllers. Synthesized and documented the month-end process and trained team to ensure business continuity of a critical revenue generating function. Established a simplified and more accurate method of determining monthly-accrued costs for consultants. Ensured GAAP compliance. • Ad Hoc Analysis: Drove hundreds of thousands of savings in SW renewals by performing research and analysis of vendor spending (used oracle GL data and excel) to assist in contract renewals and negotiation.

Japan Research Institute - AmericaAssistant Asset Manager (Consultant of PeopleFinders Plus)

Jun. 2008 - Oct. 2011Greater New York City AreaManaged all financial aspects regarding IT and Security HW and SW fixed assets for the Americas and EMEA. Ensured accuracy of information through reviews and analytical assessments. • Financial Modeling and Analysis: Provided future depreciation and amortization forecasts of HW and SW fixed assets for budget planning and analysis. • Process Improvement: Designed Excel macros to facilitate automation of reoccurring reports in order to increase productivity and provide information in a timely manner. • Multi-tasking and Managing Projects: Coordinated and led fixed asset annual physical inventory check. Coded Accounts Payable invoices to ensure purchases are appropriately classified as investment or expense.

TUDOR INVESTMENT CORPORATIONStrategy Intern

Jun. 2007 - Aug. 2007Greater New York City AreaResearched Japanese Hedge Fund industry. ● Reviewed the performance of Japan based hedge funds and shared findings in final report.

Lord Abbett & Co. LLCData Analyst

Sep. 2004 - Aug. 2006Greater New York City AreaProvided retirement plan options based on Clients’ requirements and profile. • Process Improvement: Increased enrollment kits production by 10% to assist sales reps in meeting department goals.

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