Job Details
Job Description
Reports to the President and is responsible for identifying, tracking, justifying and controlling over $80 million of shoreside and marine assets at seven locations across the Hawaiian Islands.
Essential Functions:
- Works within organization to identify financial, regulatory, compliance and maintenance information needs concerning asset management.
- Collaborates with shoreside and marine personnel to identify and track all physical assets in a suitable format and develops processes and procedures to provide required information.
- Works with team to identify appropriate data management system and processes to improve asset management capabilities and reduce costs.
- Establishes processes and procedures for all types of assets including capital requests and approvals, alternatives analysis and justification, tracking and performance through disposal.
- Develops an asset management system that meets the needs of the financial department, for both GAAP and regulatory accounting and the regulatory department to support Public Utilities Commission.
- Develops asset management policies and procedures concerning new versus maintain and lease versus buy.
- Establishes a performance measurement system by equipment category to evaluate utilization and assist in decision-making affecting the number of assets under management required to meet business needs.
- Prepares a detailed five-year annual capital expenditure plan for all assets and 10, 20 and 30-year long-range capital expenditure forecast.
- Develops an asset management and control system to know where equipment is at all times and if it is in or out of service.
- Identifies, tracks and ensures compliance with all state, county and federal requirements.
- Annually verifies physical assets and reconciles accounting and asset tracking systems.
- Incorporates continuous improvement into asset management and related functions to improve company operations.
- Identifies and incorporates asset management best practices and industry standards for useful life and depreciation.
- Authors testimony to support assets in rate base for regulatory proceedings before the Hawaii Public Utilities Commission.
- Performs special duties and other projects as assigned.
Supervisory and Leadership of Direct Staff- Responsible for all matters of employment including recruiting, training, development, promotion, discipline and termination.
- Understands and complies with Affirmative Action Plan, EEO, Non-Discrimination, Harassment, and all other HR policies and procedures.
- Effectively communicates company and regional goals and objectives.
- Provides direction and leadership to achieve company Core Values, Mission and Safety Vision.
- Processes employee evaluations in a timely manner.
- Directs, motivates and develops employees for maximum performance.
Knowledge, Skills, and Abilities- Must be a self-starter and team player who is able to develop processes, procedures and policies to meet the asset management needs of the business.
- Must possess excellent quantitative analysis skills such as buy new versus repair, buy versus lease, life cycle analysis and utilization.
- Demonstrated experience developing and managing budgets and forecasts.
- Strong knowledge of asset management information systems.
- Demonstrated experience with Generally Accepted Accounting Principles and regulatory accounting.
- Must have a strong understanding of asset utilization and performance metrics and be able to right-size assets under management to meet business objectives.
- Strong understanding of the information requirements placed on a regulated entity.
- Strong engineering, manufacturing or process background to understand work flow.
- Proficient in asset management systems or Microsoft Excel and financial analysis, analyzing data to make fact-based decisions.
- Strong business acumen, judgment and maturity with ability to differentiate strategic versus non-strategic opportunities.
- Demonstrated ability to influence at all levels within the organization.
- Effective communication skills -- must be articulate and able to communicate with employees at all levels across the organization, from front-line worker to executives.
- Ability to work effectively with all levels of business and community leaders with a verifiable track record of relationship building with both internal and external customers.
- Ability to organize and prioritize workload, effectively manage time and meet deadlines.
Minimum Requirements:- Bachelor's degree in engineering, business or operations management or an equivalent combination of education and experience.
- Minimum five-years' experience directly leading teams required.
- Project management experience preferred.
- Familiarity with transportation and/or logistics or maritime field preferred.
Young Brothers an Equal Opportunity - Affirmative Action Employer and a VEVRAA Federal Contractor. We are committed to a diverse workforce and taking affirmative action to employ and advance in employment qualified women, minorities, individuals with disabilities and protected veterans. Young Brothers is a drug-free employer and a participant of the E-Verify Employment Verification Program.