BRIEF POSTING DESCRIPTION:The P 2Z VP ENERGY DELIVERY Department of the P VP ENERGY DELIVERY Division at Hawaiian Electric Company has 1 Management vacancy available. This position may be filled on Oahu, Maui, or Hawaii Island. (Role: Professional)
JOB FUNCTION:Performs the functions of a principal financial/budget administrator for the assigned Energy Delivery division. Provides business planning and financial management support to the divisions, including financial and operational analyses, forecasting, budgeting, monitoring project costs and schedules, and driving cost efficiency and continuous improvement efforts. Responsible for the planning and management of regulatory and general accounting activities for the assigned division. Coordinates with other departments to ensure compliance with reporting requirements. Prepares PUC filings as necessary. Train process area personnel to better understand, monitor and control operating forecasts.
ESSENTIAL FUNCTIONS:- Develops, analyzes and administers financial and operating budgets and forecasts, ensuring accounting procedures are aligned with overall process area and corporate objectives. Monitors, compiles and reconciles department forecast deviations and alerts management of discrepancies. Represents the division in the preparation, justification and management of the process area budget. Monitors and updates monthly budgets and forecasts by working closely with department managers.
- Reviews expenditures including intercompany billing, analyzes data, investigates business drivers for variances and prepares report documentation and management presentations. Coordinates, prepares and presents financial analyses for O&M and capital activities. Revises forecasts as necessary to reflect actual year-to-date figures to better predict year-end expenditures. Provides cost control recommendations for requisitions, purchase orders, and contracts.
- Ensures accurate, consistent, and timely financial reporting for assigned departments within the process area. Serves as the department's liaison related to financial reporting and budgetary matters for assigned departments.
- Prepare all required external financial and statistical reports and information for the process area, such as rate case, EEI, PUC, reliability and special projects. Support assigned responsibility area/rate case witness with financial research, analysis, work paper preparation and responses, and other related work for rate cases and other regulatory requests.
- Assist Finance Lead with administration of division tasks as required, including special financial and cost analysis and monitoring of internal Company and assigned process area controls.
- Develops and disseminates (by teaching/educating) tools to continually improve the division's ability to monitor, control and adjust operating expenditures to satisfy constantly changing needs.
- Participates in Company emergency response activities as assigned, including any activities required to prepare for such emergency response.
BASIC QUALIFICATIONS:Knowledge Requirements- Thorough knowledge of the Generally Accepted Accounting Principles, forecasting techniques, cost management and financial/statistical analysis normally acquired through a Bachelors degree in Accounting or equivalent experience.
- Thorough knowledge of developing and monitoring operating budgets and forecasts.
- Thorough knowledge of preparing audit work papers and exhibits.
- Thorough knowledge of Microsoft Office Excel, Word, Power Point, Visio, and budgeting and forecasting software tools.
- Working knowledge of enterprise resource planning systems.
- Familiarity or ability to quickly learn PUC regulations and requirements.
Skills Requirements- Leadership and interpersonal skills, including strong written, oral and presentation skills to effectively communicate with all levels of the organization.
- Substantial analytical, computational, and critical thinking skills.
- Ability to remain flexible in a demanding work environment and adapt to rapidly changing priorities.
- Ability to work with various individuals at all levels of the organization, including external parties.
Experience Requirements- B.S. in accounting or finance required.
- Certified Public Accountant (CPA) preferred.
- Multiple years (5-7 or more) experience in accounting or finance with at least 3-5 five years developing operating budgets and forecasts.
- Experience preparing work papers and exhibits for regulatory agencies, desired.
- Experience working with engineers on financial aspects of various projects, desired.
- Utility experience, desired.
Role: Professional
Number of Vacancies: 1
Location: Position can be filled on either Oahu, Maui, or Hawaii Island.
Hiring Range: The hiring range for the Fiancial Administrator [Req ID 10571] position is $72,500.00 to $90,600.00. The person selected will be placed according to his/her skills and qualifications.
