Budget Analyst

Date:May 20, 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 KC BUDGETS Department of the P BUDGETS & FINANCIAL ANALYSIS Division at Hawaiian Electric Company has 1 Management vacancy available. (Role: Professional)

JOB FUNCTION:

Responsible for the coordination and analyses of budgets and management reports for the company and its subsidiaries to include analyzing revenue, expense, financing, tax, and capital expenditure information needs of internal and external users and creating ways to meet those needs through the use of the various accounting and budgeting systems (SAP, UI Planner, UI Model) and other sources, and administering the planning and budgeting processes and systems and tools for the operating and capital budgets.

ESSENTIAL FUNCTIONS:

• Prepares, coordinates, analyzes, and monitors Hawaiian Electric’s and its subsidiaries revenues, expenses, financing, tax, and capital expenditures, including updates and other reports to management.. Prepares presentation materials for senior management. Recommends and implements methodologies, standards, and controls for the Company’s planning and budgeting processes.

• Analyzes revenues, expenses and capital expenditures information needs of various users, both internal and external to the Company (Department Managers, Project Managers, Engineers, Board of Directors, the PUC, legislators, etc.) through data obtained from various budget or accounting data bases and other sources. This may include ad hoc reports, data access, and databases. Serves as an expert resource for the Company by maintaining a high level of knowledge of budgeting and utility accounting concepts and principles. Maintains the Company’s management reporting system and recommends improvements to the overall policies and procedures.

• Develops and documents PUC procedures; provides assistance and training for project managers and team members in these procedures. Assists Project Managers and Department Managers in preparing and analyzing PUC applications and project cost reports. Ensures that Project Managers comply with PUC reporting requirements. Investigate and report variances identified with PUC projects.

• Coordinates and leads various processes within the group’s areas of responsibilities, including planning, setting targets, and follow up. Administers budgeting system (UI Planner). Provides insight to tables and data definitions for the accounting (SAP) database, as needed.

• Provides user training on how to prepare and create an organization or project budget using UIPlanner, and how to access [via various budget and accounting data bases (SAP)] and interpret management reports. Serves as a subject matter expert to the tools and information supporting the operating and capital budgets.

• Compiles, calculates, and analyzes the revenue requirements and provides support to Company witnesses for general rate applications and other regulatory or legislative proceedings for Hawaiian Electric and its subsidiaries.

• Prepares, coordinates, and analyzes long-range financing estimates for the annual financing plan and other presentation materials for security analysts, and financing applications.

• 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 planning and budgeting concepts and forecasting principles.

• Thorough knowledge of utility accounting, finance, cost accounting and ratemaking principles.

• Thorough knowledge of statistical techniques.

• Thorough knowledge of PUC application and reporting requirements.

• Working knowledge of tax accounting and data processing concepts.

• Basic knowledge of engineering, project management, and planning (T&D and generation) practices.

  Skills Requirements

• Highly developed interpersonal skills to be able to work with varied disciplines and levels.

• Excellent oral and written communication and listening skills and presentation abilities to effectively communicate complex systems and information to audiences of varying knowledge and backgrounds.

• Ability to train and develop others in complex and specialized processes.

• Strong computer skills for personal computers and/or mainframe systems and related software applications.

• Ability to develop and design reports using spreadsheets, word processing and graphics applications.

• Ability to analyze and manipulate masses of data to derive meaningful information for widely varying needs and audiences. Ability to separate the relevant from the irrelevant.

• Ability to comprehend complex concepts quickly.

• Ability to make decisions in an environment where policies are changing and new guidelines and practices must be developed.

• Ability to deal with rapidly changing priorities.

• Ability to remain flexible in a demanding work environment and adapt to tight deadlines.

• Ability to handle difficult and/or sensitive issues while using tact, courtesy and discretion.

• Ability to work independently and contribute to the team’s objectives.

• Ability to lead and provide direction to work teams.

  Experience Requirements

• Several years (5-7) of general accounting experience with at least 3 years in the area of budgeting and financial forecasting in a utility environment preferred.

  Role: Professional

  Number of Vacancies: 1

  Location: This position can be filled on Oahu, Maui, or Hawai'i Island

  Hiring Range: The hiring range for the BUDGET ANALYST [Req ID 9065] position is $76,500.00 to $97,600.00. 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:HonoluluNearest Secondary Market:Hawaii