Career Ignite! Program - Financial Analyst I

Xcel Energy; Denver (CO); Hybrid; USD 59,000 - 80,000; Full time

Benefits offered by this job

Annual Incentive Program

Medical/Pharmacy Plan

Dental

Vision

Life Insurance

401(k) plan

PTO

Holidays

Job summary

Xcel Energy is seeking a Financial Analyst I to assist with the development, tracking, reporting and analysis of financial information, including budgets and forecasts. This entry-level role supports the team and partners with internal clients to deliver timely insights.

The position offers a hybrid work arrangement (onsite Tue-Thu) and a starting base pay of $58,700 to $79,676 per year, plus comprehensive benefits; deadline to apply October 14, 2026.

Qualifications

• Bachelor's degree in Accounting, Finance, or related business; internship preferred.
• Proficient in Microsoft Office; strong Excel/Outlook/PowerPoint.
• Strong written and verbal communication, analytical and problem-solving abilities.

Responsibilities

• Assist with collecting and analyzing financial data to support budget development, variance reporting, and forecasts.
• Apply knowledge of financial rules and company policies to resolve issues.
• Support the annual budget process and five-year forecasting.
• Provide timely financial reporting and client support within the area.
• Participate in special projects as assigned.

Skills

Communication skills

Analytical thinking

Problem solving

Customer service

Relationship building

Education

Bachelor's degree in Accounting/Finance/related business

Tools

Microsoft Office

Job description

Xcel Energy (NASDAQ: XEL) is a leading energy provider and Fortune 500 company, dedicated to serving millions of electricity and natural gas customers across eight states: Minnesota, Colorado, Wisconsin, Michigan, North Dakota, South Dakota, New Mexico and Texas. We make energy work better for our customers, helping them thrive every day. That means always raising the bar - delivering better service and providing more reliable, resilient, and sustainable energy.

Xcel Energy is a place where you’ll have opportunities to grow, expand your skills, and help lead the clean energy transition. We offer meaningful rewards, recognition, and support to help you build your career and make an impact - both on the job and beyond. Most importantly, it means you’ll be joining a company that knows employees are the driving force behind its success and is committed to helping you be your best.

Xcel Energy supports a hybrid work model to enable collaboration and flexibility. Many roles are expected to work onsite three days per week (Tuesday–Thursday); however, work location expectations vary based on role, team, and business needs.

Career Ignite! Program - Financial Analyst I

Position Summary

Assists with the development, tracking, reporting and analysis of financial information, including financial reporting, budget and forecast creation, and variance analysis.

Essential Responsibilities

• Assist with collecting and analyzing financial data in order to perform some or all of the following processes: budget development, variance reporting for supported areas, preparing internal and external reports, and identifying data issues. Analyze financial data to identify adverse trends and recommend solutions to mitigate financial impact.
• Applies knowledge of financial rules and concepts and company policies and procedures to resolve commonly occurring issues.
• Assist with financial analysis and support to the team for the annual budget process, as well as support for current year and five year forecasting.
• Provide timely and accurate assistance to clients within supported business area, including but not limited to interpretation of account codes or financial reports, providing project status reports, and work order resolution.
• Participate in or support special projects as assigned.

Minimum Requirements

• Bachelor's degree in Accounting, Finance, or related business degree or a combination of equivalent education and experience.
• Completion of finance or accounting internship preferred.
• Intermediate skills with Microsoft Office applications required.
• Ability to communicate effectively in writing and verbally.
• Demonstrated skills in analysis, problem solving, customer service, and relationship building desired.

Preferred

• Experience in a regulated industry preferred
• Preference is given to current 2026 CFO Interns

Our culture is grounded in shared values and employee commitments that guide how we work, support one another, and grow together.

Our Values

Connected, Committed, Trustworthy, Safe

Our Employee Commitments

• Work that makes a difference
• A team you can count of
• Opportunities to grow
• Rewards that help you thrive

Xcel Energy provides job applicants reasonable accommodations for disabilities throughout the application process. If you are in need of an accommodation to complete the application process, now or at any time in the future, please complete the Applicant Accommodation Request Form.

Non-Bargaining

The anticipated starting base pay for this position is: $58,700.00 to $79,676.00 per year

This position is eligible for the following benefits: Annual Incentive Program, Medical/Pharmacy Plan, Dental, Vision, Life Insurance, Dependent Care Flexible Spending Account, Health Care Flexible Spending Account, Health Savings Account (HSA) (if enrolled in eligible health plan), Limited-Purpose FSA (if enrolled in eligible health plan and HSA), Transportation Reimbursement Account, Short-term disability (STD), Long-term disability (LTD), Employee Assistance Program (EAP), Fitness Center Reimbursement (if enrolled in eligible health plan), Tuition reimbursement, Transit programs, Employee recognition program, Pension, 401(k) plan, Paid time off (PTO), Holidays, Volunteer Paid Time Off (VPTO), Parental Leave

Benefit plans are subject to change and Xcel Energy has the right to end, suspend, or amend any of its plans, at any time, in whole or in part.

In any materials you submit, you may redact or remove age-identifying information including but not limited to dates of school attendance and graduation. You will not be penalized for redacting or removing this information.

Deadline to Apply: 10/14/26

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All Xcel Energy employees and contractors share responsibility for protecting the company's information and systems by adhering to cybersecurity policies, standards, and best practices, recognizing that cybersecurity is everyone's responsibility.

Accessibility Statement

Xcel Energy endeavors to make https://www.xcelenergy.com and https://jobs.xcelenergy.com accessible to any and all users. If you are in need of an accommodation to complete the application process, now or at any time in the future, please complete the Applicant Accommodation Request Form. For any other application related questions, including application follow-ups or technical issues, please use our Recruiting Assistance, Electra, for assistance. Electra can be found in the lower right-hand corner of our Xcel Energy Careers site.