Finance Lead

We recognize our competitive advantage -- our people. We believe in our people, who share our vision of meeting the needs of our employees, customers, and communities and who carry out the continued success of the company.

Our employees are committed to the company's foundational values: integrity, excellence, teamwork, environmental stewardship, and community commitment. In turn, we invest in our employees, providing opportunities for challenge and advancement and offering a competitive compensation package.

Posting End Date:  at 11:59PM HST

BRIEF POSTING DESCRIPTION:

The P 2S SR VP PLANNING & TECHNOLOGY Department of the P SR VP PLANNING & TECHNOLOGY Division at Hawaiian Electric Company has 1 Management vacancy available. (Role: Professional Supervisor)

JOB FUNCTION:

Assists with development of financial strategies necessary to execute process area strategic goals. Successful strategies include regulatory cost recovery through the rate case process or other accepted mechanism. Provides guidance to process area management and financial administrators with respect to budget and regulatory (e.g., rate case) activities. Responsible for providing accurate, timely, and effective financial information and/or analyses for reporting and decision making. Ensures the proper accounting treatment and recordation of costs through partnering with the corporate Controller.

ESSENTIAL FUNCTIONS:

• Works cooperatively with the process area vice president and department managers to establish strategic financial goals for the process area and departments that are consistent with corporate goals and financial guidance. Leads and coordinates the financial staff across the process area in the development of budgeting and regulatory tactics to achieve the strategic financial goals. Supervises the production of weekly, monthly, quarterly, and annual financial reports and briefing materials as necessary, including PowerPoint presentations for executive review (e.g., Quarterly Business Review (QBR) and the Annual Budget Presentation. Originates and conducts internal and external financial discussions independently and in concert with department managers. Engages Finance and Accounting process area management to continuously improve and enhance internal company reports and reporting procedures.
• Provides leadership and supervision of assigned personnel, including recruiting, setting and communicating performance standards, mentoring, coaching, training and development, recognizing employee achievements, counseling, and initiating disciplinary action, when appropriate. Values a safe work environment through words and actions. Embraces continuous improvement processes. Provides technical accounting expertise, work direction and review. 
• Ensures compliance with all applicable accounting standards, SOX requirements, and Company and regulatory financial requirements. Reviews accounting practices to ensure compliance with Management Accounting policies and guidelines, including monthly, quarterly, and year-end closings and accruals.
• Participates in Company emergency response activities as assigned, including any activities required to prepare for such emergency response.

BASIC QUALIFICATIONS:

Knowledge Requirements

• Bachelor’s degree in business, accounting or finance required. Master’s in Business Administration, preferred.
• Certified Public Accountant (CPA) with Big 4 accounting experience preferred
• Expert knowledge of generally accepted accounting principles, utility accounting, finance, and rate-making principles.
• Expert knowledge of regulatory accounting practices and decisions by the PUC, normally acquired through courses, self-education, and dealings with PUC-related matters.
• Expert knowledge of strategic planning principles to assist in developing plans to meet short and long term needs.
• Able to relate working knowledge of Process Area functions including operations, maintenance and capital project planning and execution to financial strategy development and execution.
• Working knowledge of financial terms and conditions for contracting outside services.
• Working knowledge of statistical techniques.
• Working knowledge of personal computers and/or mainframe systems and related software applications such as: spreadsheets, word processing, etc.

Skills Requirements

• Ability to communicate effectively and persuasively through written and oral communications with various levels of Company personnel.
• Analytical, organizational and conceptual skills to recommend proper courses of action, including the ability to determine and recommend effective financial strategies for the process area.
• Ability to prepare and execute financial strategies and plans to position the process area and Company for favorable regulatory outcomes.
• Strong supervisory/leadership skills including effective written, oral, listening, and presentation/platform communication skills/conflict resolution skills; the ability to work with a variety of individuals.
• Demonstrated ability to remain flexible in a demanding work environment and adapt to rapidly changing priorities.

Experience Requirements

• Extensive years (7 or more) of related business experience at a “for profit” enterprise, preferably in such occupational areas as accounting, budget and planning, finance, economics and/or strategic planning.
• Experience (5 or more years) working in an “operating” department or profit center at a “for profit” enterprise. Experience (2 or more years) supervising a staff including accounting personnel, or equivalent.
• Experience (2 or more years) in regulatory matters before the Hawaii Public Utilities Commission or equivalent agency with ratemaking jurisdiction for electric utilities is desirable, or equivalent.

Role: Professional Supervisor 

Number of Vacancies: 1 

Location: Honolulu – Oahu

Hiring Range: The hiring range for the Finance Lead [Req ID 9631] position is $97,900.00 to $125,000.00. The person selected will be placed according to his/her skills and qualifications. 

About Hawaiian Electric Companies
Hawaiian Electric Companies provide electricity and services to 95 percent of the state's 1.4 million residents. The company is also one of the state's leading employers and a major contributor and supporter of community and educational programs.

The demand for power that has fueled the growth of the Hawaiian Islands has been met by Hawaiian Electric Companies for well over a century. And as the next millennium unfolds, the company is committed to providing quality service and seeking clean local energy sources to power generations of Hawaii families and businesses to come. Visit us at http://hawaiianelectric.com.

Interested individuals should apply online. The application must clearly indicate the demonstrated experience/knowledge/skills/abilities the candidate possesses which specifically qualifies him/her for the position.

Applicant Certification
By submitting an application for the position, candidates:
1. Authorize the Hawaiian Electric Companies to confirm all statements contained in the application and/or any materials submitted and made a part of the application as they relate to the position and to the extent permitted by law;
2. Authorize and consent to, without reservation, the Hawaiian Electric Companies sharing any and all information regarding previous or present employment, educational training or personal information from their records and from any other source with the hiring department or subsidiary company;
3. Release, discharge, and hold harmless, Hawaiian Electric Companies, from any and all liability for any damage which may be claimed as a result of furnishing such information to the hiring department or subsidiary company;
4. Authorizes release and transfer of all personnel records to be maintained by the hiring company in the event of an inter-company transfer; and
5. Authorize, direct, and consent to Hawaiian Electric Companies and/or its authorized agents to conduct investigations into candidates' background. These investigations may include, but are not limited to searches for information about applicants; record of criminal convictions to the extent permitted by law, education records, professional certifications, personal character references, and employment history.

EEO Statement
Hawaiian Electric Companies is an equal employment opportunity/affirmative action employer. We actively seek diversity among our employees. We do not discriminate on the basis of age, race, color, religion, sex/gender (including gender identity/expression), ancestry/national origin, disability, marital status, arrest and court record, sexual orientation, pregnancy, veteran status, genetic information, domestic or sexual violence victim status, or other protected categories in accordance with state and federal laws. We further encourage individuals with disabilities, minorities, veterans and women to apply.

Hawaiian Electric Companies complies with Title I of the Americans with Disabilities Act. Any request for reasonable accommodation needed during the application process should be communicated by the candidate to the HR Service Center at (808) 543-4848.

Affiliate Disclaimer
Hawaiian Electric Company, Inc., Maui Electric Company, and Hawaii Electric Light (“Company”) are Hawaii Public Utilities Commission (“PUC”) regulated companies. The disclosure relating to Affiliate Transaction Requirements that follows is made pursuant to the PUC’s Decision and Order No. 35962, issued on December 19, 2018, and subsequently modified by Order No. 36112, issued on January 24, 2019 in Docket No. 2018-0065.

By submitting your application, you understand and acknowledge that, if you are hired by the Company and subsequently transferred, assigned or otherwise employed by an Affiliate, said Affiliate will be required to make a one-time payment to the Company in an amount up to twenty-five percent (25%) of your base annual compensation.  

In addition, if you are hired by the Company and subsequently transferred, assigned or otherwise employed by an Affiliate or an Affiliate-Related Entity, for a period of one year, you cannot appear in negotiations or otherwise interact directly with the Company or work on the same matter that you worked on while with the Company. 

Affiliate is defined as “any person or entity that possesses an ‘affiliate interest’ in a utility as defined by section 269-19.5, Hawaii Revised Statutes (“HRS”), including a utility’s parent holding company, except as otherwise provided by HRS section 269-19.5(h).”

Affiliate-Related Entity is defined as “a third party that provides electricity-related services in a regulated utility’s service territory that has a material financial, operational, or ownership interest with an unregulated affiliate of the utility and of whom the utility has reasonable knowledge.” 

For a current list of all Affiliates and Affiliate-Related Entities, please see:
https://www.hawaiianelectric.com/about-us/key-performance-metrics/financial/affiliate-transactions

This list may be amended, updated or revised from time to time without notice.