Senior Project Analyst

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 11:59PM HST

 

BRIEF POSTING DESCRIPTION:

The P PF PROJECT INITIALIZATION Department of the P INVESTMENT PLANNING & STRATEGY Division at Hawaiian Electric Company has 1 Management vacancy available. (Role: Professional)

 

JOB FUNCTION:

Supports the establishment and achievement of critical annual and long-term (5-10 years) investment objectives for projects and programs that drive performance of reliability, resiliency and service for Oahu, Maui County and Hawaii Island.  Assists in the establishment of projects and programs for achievement and validation of performance-based investments.

Serves as a back up to other Analysts within the Investment Planning and Strategy Division.

 

ESSENTIAL FUNCTIONS:

Supports the coordination of work across multiple divisions as part of the asset strategy investment planning process. This includes 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 the execution of budget development, work planning, prioritization, initializations, and decision-making process for review and approval by an executive oversight committee.

• Monitoring and Control
  • Accurate and timely tracking and reporting of actuals versus forecasted information, and work performed for monitoring and decision-making purposes.
  • Analyzing data for the prioritization of projects and programs for business planning and execution.
  • Accurate and timely analysis of project initialization indicators such as cost, schedule and risk to support Project Managers (PMs) and Department Manager to effectively initialize projects/programs within the portfolio approved by an executive oversight committee in the capital budget.
  • Provides support by configuring, managing, and using project management tools, methodology, and information systems to support PMs from conceptualization/inception through scoping, budgeting, scheduling, risk identification, and project/program initialization.
  • Identifies resources for setting up projects for initialization, estimating, scheduling, and accounting systems, and for monitoring, analyzing, and reporting project initialization progress and performance against approved budgets and milestones at the process area level;
• Investment Planning: 
  • Supports the development and implementation of 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:
    • Assisting with 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;
    • Assisting in the development of the initial asset strategy portfolio for prioritization;
    • Assisting in the determination of whether the investments made, and strategies realized meet expected performance levels and master plan goals;
    • Coordinates, prepares, and presents financial analyses for activities related to capital expenditures projects and programs.
  • Assists with the coordination between Finance, Energy Delivery, Project Initialization, and other divisions to ensure the T&D capital budge