LEAD REPORTING ACCOUNTANT

Date: Jul 10, 2024

Location: Honolulu, Hawaii (HI), US, 96813

Company: hawaiianel

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 AB ACCOUNTING RESEARCH & REPORTING Department of the P GENERAL ACCOUNTING Division at Hawaiian Electric Company has 1 Management vacancy available. (Role: Professional)

 

JOB FUNCTION:

Leads special projects related to new accounting pronouncements, researches and evaluates accounting pronouncements, provides technical, financial and regulatory accounting advice to employees, and for special projects, leads the division in ensuring the timely completion and submission of required SEC filings (e.g. 10-Q, 10-K, 8-K).  Assists in the evaluation of the reasonableness of recorded journal entries.  Develops and maintains computer system tables, and provides guidance to the Corporate Accounting staff.

 

ESSENTIAL FUNCTIONS:

  • Coordinates with Corporate Accounting the timely financial reporting process for Hawaiian Electric, its subsidiaries, and the preparation of all required internal and external financial reports.  Leads the division in ensuring the timely completion and submission of SEC reporting requirements (e.g. 10-Q, 10-K, 8-K).  Assists in the evaluation of the reasonableness of journal entries recorded and analyses of recorded balances
  • Develops, improves and maintains SAP system tables to ensure the proper accounting of all transactions.
  • Leads special projects related to new accounting pronouncements, researches and evaluates new accounting pronouncements or decision and orders issued by the regulatory body.  Coordinates the internal and external outreach and communication with regard to accounting requirements to various impacted process areas.
  • Assists with evaluating the effectiveness of internal accounting controls for existing or new systems and procedures, and recommends changes as necessary. 
  • Provides technical financial and regulatory accounting advice to Hawaiian Electric, Hawaii Electric Light and Maui Electric employees, for significant agreements, and special projects as appropriate; drafts testimony for such things as rate case dockets, and other regulatory proceedings. 
  • Provides guidance and assistance to the Corporate Accounting staff as necessary. 
  • Participates in Company emergency response activities as assigned, including any activities required to prepare for such emergency response.

 

BASIC QUALIFICATIONS:

Knowledge Requirements

  • Extensive knowledge/understanding of:
    • Accounting standards (Generally Accepted Accounting Principles)
    • Regulatory accounting and ratemaking concepts.
  • Thorough knowledge/understanding of:
    • Personal computers and/or mainframe systems and related software applications such as spreadsheets and word processing.
    • Tax principles and theories generally acquired through college level accounting and tax courses, or experience in a corporate tax department or equivalent experience.
    • Internal control concepts and procedures.
  • Working knowledge of project management principles, normally acquired through PMI certification, college-level training and/or equivalent experience.

 

Skills Requirements

  • Excellent oral, listening, writing and presentation skills.
  • Excellent analytical skills to determine reasonableness of transactions
  • Strong interpersonal skills to influence and persuade various groups or individuals.
  • Ability to work with a variety of individuals, occasionally dealing with sensitive, difficult or confrontational issues.
  • Demonstrated in-depth analytical, organizational and conceptual skills to handle various projects and programs.
  • Ability to remain flexible in a demanding work environment and adapt to rapidly changing priorities.

 

Experience Requirements

  • Multiple years (8+) of experience in such areas as:
    • The financial closing process.
    • The analysis and application of generally accepted accounting principles, preferably with respect to the electric utility industry.
    • The analysis and application of regulatory accounting and ratemaking practices and procedures.
    • The evaluation and application of accounting internal controls.
  • Several (3-5) years of project management/process improvement experience that includes development, implementation, monitoring, evaluation and assessment.
  • CPA, and accounting experience in consolidations preferable.
  • Accounting experience in the electric utility industry is preferable.

 

Role: Professional 

Number of Vacancies: 1 

Location: Honolulu – Oahu

Hiring Range: The hiring range for the LEAD REPORTING ACCOUNTANT [Req ID 9071] position is $85,700.00 to $109,300.00. 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.  


Nearest Major Market: Honolulu
Nearest Secondary Market: Hawaii