We are porting an Android app to iOS for a client. They have added our account to their iTunes Connect account and created an app entry. We developed the app using the bundle ID
I had this same issue as OP and the problem was that I was invited only on appstoreconnect and not on developer.apple.com. After being invited as a member on developer.apple.com and going into the preferences in XCode, I got a new option to sign as a member of the organization. Setting signing team as member of organization in project settings fixed the issue. After that creating the provisioning profile was successful using automatic signage management.