Finance Lead - Oahu

hawaiianel•Honolulu, HI

About The Position

The P 1X VP ENTERPRISE OPER SVCS Department of the P VP ENTERPRISE OPER SVCS Division at Hawaiian Electric Company has 1 Management vacancy available. (Role: Professional) 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.

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.
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.
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.

Responsibilities

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.