Compensation manager Jobs in Honolulu, HI

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 : 03 / 20 / 2025 at 11 : 59 PM HST

BRIEF POSTING DESCRIPTION :

The P PE INVESTMENT PLANNING Department of the P INVESTMENT PLANNING & STRATEGY Division at Hawaiian Electric Company has 2 Management vacancies available. (Role : Professional)

This posting seeks to fill at either the Portfolio Manager or Sr Portfolio Manager; whichever level is most suited to the qualifications of the applying candidate.

Establishes and ensures the achievement of critical annual and long-term (5-10 years) investment objectives for projects and programs that drive performance of asset sustainment, wildfire, reliability, resiliency, renewable integration and service for Oahu, Maui County and Hawaii Island. Establishes, ensures, and validates performance-based investments.

Supports the communication of a holistic and integrated plan of T&D asset work to establish the investment portfolio. Supports and assists with the coordination across multiple divisions as part of the asset investment planning process, including plan establishment and execution review. Including but not limited to : inputting of projects and programs into the Company portfolio for review and approval, end of year reviews to ensure that budgeted goals and investment outcomes are achieved for the investments made, and ensuring all processes are consistent with the established strategies through the use of Key Performance Indicators (KPIs). Supports and assists with budget development, work planning, prioritization, and decision-making process for review and approval by an executive oversight committee.

ESSENTIAL FUNCTIONS :

• Responsible for accurately and timely tracking and reporting of actuals versus forecasted information, and work performed for monitoring and decision-making purposes.
• Analyzes data for the prioritization of projects and programs for business planning and execution.
• Develops and implements the annual and long-term (5-10 years) T&D capital budget, through the collaboration with other departments across the company to achieve goals and performance levels through :
• The identification and validation of projects and programs including the scope, schedule, and financial justification approved for implementation.
• Coordinating the determination of the budget allocations for other divisions;
• Development of the initial asset strategy portfolio for prioritization;
• Determining whether the investments made, and strategies realized meet expected performance levels and master plan goals; and
• Coordinates, prepares, and presents financial analyses for activities related to capital expenditures projects and programs.
• Interfaces with Finance, Energy Delivery, Project Initialization, and other divisions to ensure the T&D capital budget is coordinated and aligned with projects and programs that support the asset strategies, as well as corporate strategic goals, priorities, and business plans.
• Provides technical accounting expertise, work direction, and review. Coordinates, prepares, and updates T&D capital forecasts. Identifies and resolves problems so that customer relations and work deployment can be optimized. Analyzes and prepares management reports to assist in developing forecasts, monitoring and tracking costs, and interpreting cost data. Develops, administers, and implements strategies to enhance division efficiency, quality of service and customer satisfaction.
• Supports monthly budget and work plan meetings to review work product realization, and scope, schedule, and cost variances. Supports coordination of review and approval with executive oversight committee. Develops presentation materials appropriate for the audience. Presents at internal and external meetings.
• Reviews accounting practices to ensure compliance with Management Accounting policies and guidelines, including monthly, quarterly, and year-end closings and accruals.
• Manages and updates UI Planner and SAP to ensure timely and accurate reports. Develops, automates, generates, monitors, and analyzes project cost and progress information, and reports. Maintains UI Planner capital budget files.
• Collaborates with key areas to analyze and summarize the asset strategy and T&D budget information into cohesive reports with explanations for all significant asset strategy results along with correlating budget and / or schedule actual versus planned variances in a timely manner. Supports the T&D capital budget prioritization and executive oversight committee processes. Drives for commitment and ensures work products and budgets are updated accordingly.
• Identification of emerging financial trends in actual data and upcoming forecasts in correlation to work performed.
• Provisioning of appropriate financial information necessary to support regulatory dockets including rate case testimony, exhibits and workpapers.
• Coordination to ensure that team complies with all corporate and governmental reporting requirements.
• Obtains and analyzes financial information for regulatory proceedings, including all company rate cases, for respective process area witnesses to prepare their testimonies, exhibits, and workpapers. Develops and prepares reports, analysis, and presentations to support the initialization and / or authorization of projects and programs into the capital budget; and ensures compliance with internal and external financial requirements, regulations, and approvals (e.g., SOX, SEC, etc.) Ensures SOX controls and reports are signed off and completed timely.
• Continually improves department processes and tasks to help facilitate data analysis, task automation, promote efficiency and accountability, and address issues often encountered while working with a wide spectrum of groups and individuals. Automates and streamlines processes for the monitoring and complex analysis of the portfolio to expedite workplan adjustment discussions within very short turn-around times. Assists with training department staff on processes and tools to propagate additional improvements in other processes. Assists with sharing processes and knowledge with other process areas to expand efficiency gains throughout the Company. Organizes and develops documents and procedures to ensure the consistency and clarity in department processes.
• Assists with the development, monitoring, analyzing, and tracking of metrics to track project progress and performance, including performance-based metrics and KPIs for the division and process areas as needed.
• Participates in system and computer-related taskforces and is the department coordinator for company-wide information systems and computer applications (e.g., SAP, UI Planner, SharePoint, etc.). Manages and updates department SharePoint site.
• Supports the Investment Planning Manager in the development of systems, processes, procedures, etc. to facilitate the smooth and effective operation of the department.
• Participates in Company emergency response activities as assigned, including any activities required to prepare for such emergency response.

BASIC QUALIFICATIONS :

Knowledge Requirements

Skills Requirements

Advanced ability to work with a variety of individuals occasionally dealing with sensitive, difficult, or confrontational issues and the ability to handle such issues with professionalism by using tact, courtesy, respect, and discretion. Advanced ability to identify individuals with skills to effectively function in a team environment and produce desired results. Advanced ability to contribute and provide direction, support, and encouragement to collaboratively make decisions and achieve goals and objectives.

Must possess the ability to manage multiple large extremely complex electric utility type of projects, programs, and issues with minimal supervision or direction, within a very high-pressure environment. Advanced ability to plan, organize, secure, and manage resources to achieve objectives to budget, scope, and schedule.

Advanced expertise with personal computers and related software applications such as project scheduling / management, spreadsheets, databases, word processing, collaboration and business intelligence tools, etc.

Advanced ability to create and interpret trends, models, forecasts, and simulations.

Advanced ability to understand and accurately define problems, analyze and synthesize information, identify and evaluate solution options, and render sound decisions. Advanced ability to conceptualize new ideas and deal effectively with incomplete, inconsistent, or conflicting information.

Strong ability to select a course of action among several options. Advanced ability to be a self-starter with little direction.

Strong ability to use communication, negotiation, and problem-solving skills to resolve conflicts between parties.

Strong ability to listen and develop alternative solutions that will result in a variety of constituents reaching agreement on a course of action.

Strong written, oral, and listening communication skills. Advanced ability to articulate ideas and concepts clearly and concisely.

Strong ability to prepare and deliver effective presentations and advanced ability to deliver effective presentations to small groups.

Advanced ability to plan, prioritize, schedule, and manage time and work to complete tasks and meet deadlines, while handling multiple assignments and remaining flexible and adapting to changing priorities. Advanced ability to conceptualize new ideas quickly.

Strong ability to relate to and interact with other people to reach objectives. Interpersonal skills to direct, influence, motivate and persuade various groups or individuals. Appreciates the agendas and perspectives of others. Develops effective give-and-take relationships.

Experience Requirements

JOB FUNCTION :

Establishes and ensures achievement of annual, multi-year, and long-term (5-10 years) investment objectives for projects and programs that drive performance of asset sustainment, reliability, resiliency, renewable integration, and service for Oahu, Maui County, and Hawaii Island. Establishes, ensures, and validates performance-based investments.

Determines and communicates a holistic and integrated plan of T&D asset work to establish the investment portfolio. Coordinates across multiple divisions as part of the asset investment planning process, including plan establishment and execution review. Strategizes action plans to determine, recommend, and facilitate achievement of goals and investment outcomes using Key Performance Indicators (KPIs). Executes budget development, work planning, prioritization, and decision-making process for review and approval by an executive oversight committee.

ESSENTIAL FUNCTIONS :

BASIC QUALIFICATIONS :

Knowledge Requirements

Skills Requirements

Expert ability to work with a variety of individuals occasionally dealing with sensitive, difficult, or confrontational issues and the ability to handle such issues with professionalism by using tact, courtesy, respect, and discretion. Advanced ability to identify individuals with skills to effectively function in a team environment and produce desired results. Expert ability to contribute and provide direction, support, and encouragement to collaboratively make decisions and achieve goals and objectives.

Must possess the ability to manage multiple large extremely complex electric utility type of projects, programs, and issues with minimal or no supervision or direction, within a very high-pressure environment. Expert ability to plan, organize, secure, and manage resources to achieve objectives to budget, scope, and schedule.

Expert written, oral, presentation, and listening communication skills. Expert ability to articulate ideas and concepts clearly and concisely.

Expert ability to prepare and deliver effective presentations to small and large groups, including at an executive level.

Expert ability to select a course of action among several options.

Advanced ability to relate to and interact with other people to reach objectives. Strong interpersonal skills to direct, influence, motivate and persuade various groups or individuals. Appreciates the agendas and perspectives of others. Develops effective give-and-take relationships. Ability to work collaboratively as a member of a team.

Expert ability to use communication, negotiation, and problem-solving skills to resolve conflicts between parties.

Expert ability to listen and develop alternative solutions that will result in a variety of constituents reaching agreement on a course of action.

Expert ability to understand and accurately define problems, analyze and synthesize information, identify and evaluate solution options, and render sound decisions. Expert ability to conceptualize new ideas and deal effectively with incomplete, inconsistent, or conflicting information.

Expert ability to create and interpret trends, models, forecasts, and simulations. In-depth analytical, computational, organizational, and time-management skills to handle various projects.

Advanced expertise with personal computers and / or other systems and related software applications such as project scheduling / management, spreadsheets, databases, word processing, etc.

Expert ability to manage people at all levels within the company, including management and executive level. Expert ability to develop / maintain strong positive relationships with leaders and members of the community and government.

Expert ability to plan, prioritize, schedule, and manage time and work to complete tasks and meet deadlines, while handling multiple assignments and remaining flexible in a demanding work environment to adapt to rapidly changing priorities and strategic direction. Advanced ability to conceptualize new ideas quickly.

Experience Requirements

Role : Professional

Number of Vacancies : 2

Hiring Range : The hiring range for the Portfolio Manager [Req ID 9569] position is $85,700.00 to $109,300.00. The hiring range for the Sr Portfolio Manager [Req ID 9569] position is $105,600.00 to $137,100.00. The person selected will be placed according to his / her skills and qualifications. The hiring supervisor is KEITH MARK K H WONG.

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 :

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.

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