HEI - Manager, Corporate Taxes

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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.

BRIEF POSTING DESCRIPTION:

The E 4P CORPORATE TAXES Department of the E CORPORATE TAXES Division at Hawaiian Electric Industries has 1 Management vacancy available. (Role: Manager Supervisor)

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JOB FUNCTION:

The Manager, Corporate Taxes provides supervision and guidance to the tax department in all aspects of taxation for HEI and its subsidiaries. In addition, the Manager shall provide technical expertise in all areas of taxation involving financial reporting of tax, tax compliance and tax planning.

ESSENTIAL FUNCTIONS:

• Plans, supervises, directs and evaluates work of HEI tax department. Manages day-to-day responsibilities and workload of HEI tax department.
• Oversees and reviews the separate company monthly (or quarterly) preparation of the tax provision and roll forwards and reconciliations of income tax accounts prepared by HEI tax department or HEI subsidiaries.
• Ensures timely and accurate filing of federal and state income tax returns, franchise tax return, state general excise and use tax returns, revenue tax returns, pension, other post retirement and business-related filings.
• Reviews and approves tax related journal entries and provides guidance on tax treatment of various transactions on the financial statements to ensure accurate tax accounting.
• Oversees and reviews the preparation of the quarterly consolidating tax accrual and reconciliations and the quarterly and annual tax footnote and financial statement disclosures in the SEC filings.
• Identifies and quantifies uncertain tax positions in accordance with FIN 48 and related pronouncements. 
• Ensures timely and accurate payment of federal and state income tax, revenue taxes, general excise and use tax, and other post retirement plan taxes.
• Supervises the research, analysis and documentation of issues for all tax areas including income, excise, payroll, fuel, executive compensation, financial and regulatory reporting for HEI and its subsidiaries.
• Provides support to Director, Corporate Taxes with any tax initiatives, tax planning opportunities, and assists with implementation.
• Monitors and analyzes tax, regulatory and compliance development and tax law changes. 
• Manages relationships with external auditor and external tax advisors. Ensures that external auditor receives required documentation on a timely basis. 
• Coordinates information gathering for revenue agent review; research and initiates Company positions on tax issues. Acts as department liaison with taxing authorities. 
• Reviews monthly forecast of tax cash flows for HEI and utility subsidiaries. 
• Develops, updates and maintains documentation of tax policies, procedures and process controls in compliance with SOX 404 requirements. Implements procedures and process control changes, as necessary.
• Evaluates processes and recommends simplification and standardization procedures for tax compliance and tax accounting requirements. Implements process changes.
• Provides utilities with witness support for rate case and other proceedings as requested.
• Ensures appropriate tax accounting systems meets the needs of the department to comply with tax compliance and financial reporting requirements. 

BASIC QUALIFICATIONS:

Knowledge Requirements

• Professional certification of Certified Public Accountant (CPA), JD, or Masters of Taxation required.
• Thorough knowledge of the principles of accounting; normally acquired through advanced college level accounting courses.
• Thorough knowledge of federal and state income taxes and all other taxes associated with doing business (payroll, excise/use, etc.), normally acquired through an advanced degree in taxation, law or finance. An advanced degree in tax, finance and/or law is highly desired.
• Thorough knowledge of tax-related software applications for compliance, provision, spreadsheets, word processing, etc.
• Thorough knowledge of accounting for income taxes and financial reporting requirements as it relates to taxes.

Skills Requirements

• Ability to remain flexible in a demanding work environment and adapt to rapidly changing priorities.
• Strong ability to multi-task, work independently, self-motivate, and demonstrate strong judgment/decision making.
• Strong oral and written communication skills.
• Analytical, conceptual and technical skills to produce legal memoranda analyzing and discussing tax and related financial impact of various proposed and real transactions.
• Possess strong interpersonal skills and the ability to work with a variety of individuals at all levels within and outside company using tact, courtesy and discretion.
• Ability to handle confidential and sensitive information discreetly and professionally.

Experience Requirements

• Multiple (7 or more) years of corporate or public accounting experience with at least half the time in the tax compliance and/or research area. 
• Several (3-5) years of supervisory experience.

Role: Manager Supervisor 

Number of Vacancies: 1 

Location: Honolulu – Oahu 

Hiring Range: The hiring range for the HEI - Manager, Corporate Taxes [Req ID 9590] position is $116,700 to $146,000. The person selected will be placed according to his/her skills and qualifications. The hiring supervisor is BRUCE K TAMASHIRO.

About Hawaiian Electric Industries

Hawaiian Electric Industries, Inc. (HEI) (NYSE: HE) supplies power to 95% of Hawaii's population throughout its electric utilities, Hawaiian Electric Company, Inc., Hawaii Electric Light Company, Inc. and Maui Electric Company, Limited, and provides a wide range of financial services to individuals and businesses through American Savings Bank, F.S.B., one of Hawaii's largest financial institutions. Including its operating subsidiaries, Hawaiian Electric Industries is one of the largest public companies in Hawaii with approximately 3,800 employees.  

At Hawaiian Electric Industries, we strive to be a catalyst for a better Hawaii. We endeavor to be trusted and valued leaders in improving the economic well-being of the state, promoting the environmental sustainability of our islands, and benefiting the communities we serve.

Hawaiian Electric Industries works proactively to improve the future of Hawaii and its communities. These efforts are integrated into our core business strategies. By helping our state achieve economic prosperity and a clean environment, and by addressing our communities' needs, we build a sustainable future for our companies and for Hawaii. Visit us at http://www.hei.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. All qualified applicants will receive consideration for employment without regard to 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 Industries, Inc. (“HEI”) is a parent holding company of Hawaiian Electric Company, Inc., Maui Electric Company, Limited, and Hawaii Electric Light Company, Inc. (“Utilities”). The Utilities are regulated by the Hawaii Public Utilities Commission (“PUC”). 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.

If you are currently or have previously been employed by the Utilities, and are hired by HEI, for a period of one year, you cannot appear in negotiations or otherwise interact directly with the Utilities or work on the same matter(s) that you worked on while with the Utilities. If you are hired by HEI, please inform HEI of your prior employment by the Utilities to ensure regulatory compliance.