Lead Reporting Accountant - Oahu

HAWAIIAN ELECTRIC CO.; Honolulu, Northern (HI, KY); Hybrid; USD 89,000 - 114,000; Full time

Job summary

Hawaiian Electric Companies seeks a Lead Reporting Accountant to oversee financial reporting for the company and its subsidiaries. The role leads SEC filings, analyzes journal entries, and maintains SAP tables to ensure accurate accounting across the organization.

You will provide technical accounting guidance on significant agreements, assist in evaluating internal controls, and support regulatory submissions while collaborating with treasury and corporate accounting teams.

Qualifications

• Extensive knowledge of GAAP and regulatory accounting concepts.
• Strong tax principles and internal control concepts.
• PM principles and project leadership experience.

Responsibilities

• Coordinate timely financial reporting for Hawaiian Electric and subsidiaries.
• Lead SEC reporting (10-Q, 10-K, 8-K) and review journal entries for reasonableness.
• Develop and maintain SAP tables for accurate transaction accounting.
• Evaluate internal controls and recommend improvements.
• Provide technical accounting and regulatory guidance on significant agreements.

Skills

Analytical skills

Oral & written communication

Interpersonal skills

Project management

Flexibility

Education

CPA

Bachelor's degree in Accounting

Tools

SAP

Spreadsheet software

Job description

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: This position will remain open until filled. Early applications are highly encouraged.

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 the Director 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 on behalf of the director and others for such things as rate case dockets, and other regulatory proceedings.
• Provides guidance and assistance to Treasury, Corporate Accounting and other areas 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 consolidationspreferable.
• Accounting experience in the electric utility industry is preferable.

Role: Professional

Number of Vacancies: 1

Hiring Range: The hiring range for the Lead Reporting Accountant [Req ID 10655] position is $89,100.00 to $113,700.00. 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 .

EEO Statement

Hawaiian Electric Companies is an equal opportunity employer, including disability and protected veteran status.

Hawaiian Electric Companies complies with all applicable laws, including 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 [phone].