Director, Vendor and Software Management

Xcel Energy Services Inc; Denver (CO); Hybrid; USD 148,000 - 211,000; Full time

Benefits offered by this job

Annual Incentive Program

Long Term Incentive

Medical/Pharmacy Plan

Dental

Vision

Life Insurance

401(k) plan

Pension

Paid time off

Job summary

Xcel Energy is seeking a senior IT leader to transition fragmented software and service spend into an accountable partner ecosystem, improving delivery performance and resilience. The role oversees IT planning, portfolio management, and budget responsibilities across multiple business units.

Responsibilities include vendor governance, risk and escalation management, and developing teams to drive value realization.

Qualifications

• Bachelor’s degree in business, IT or related field or equivalent experience.
• Ten years of IT experience and/or integrated utility and regulatory business experience building and developing teams.
• Experience managing leaders of teams.

Responsibilities

• Build and manage relationships with internal and external teams and stakeholders.
• Develop and manage strategic technology plans and roadmaps to enable business objectives.
• Identify, investigate and resolve production problems; drive IT performance improvements.
• Manage investments, projects and activities within an IT portfolio and prioritize deliverables.
• Develop a high performing team through coaching and mentoring; foster continuous learning.
• Manage capital, expense and in-servicing budgets; ensure regulatory commitments and financial prudency.

Skills

Relationship Management

Strategy & Planning

Operational Delivery

Portfolio Management

Talent Development

Financial Management

Education

Bachelor’s degree in business, IT or related field

Master’s degree preferred

Job description

About Xcel Energy

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, NewMexico 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 onsitethree days per week (Tuesday‑Thursday); however, work location expectations vary based on role, team, and business needs.

Position Summary

Responsible for transitioning current fragmented software and service spend into a simplified, accountable partner ecosystem that improves economics, delivery performance, and operational resilience. Key objectives include Software Asset Management & Rationalization, Vendor Consolidation & Optimization, Vendor Governance, Performance, Risk & Escalation Management, Contract and Commercial Optimization. Drives overall IT planning efforts; ensures alignment with enterprise IT strategy and standards. Manages IT portfolio in collaboration with other IT and business leaders. Responsible for IT financial budgets including capital, O&M, and value realization. Develops and coaches teams.

Essential Responsibilities

• Relationship Management: Build strong effective partnerships with internal and external teams; Strong executive presence; able to influence and navigate complex and competing interest of multiple stakeholders
• Strategy and Planning: Develop and manage strategic technology plans and roadmaps; Collaborate with IT and business leaders to build and develop the long and mid‑term strategic plans to enable business objectives; Drive process improvements and IT service optimization
• Operational / Delivery Management: Manages identification, investigation and solving production problems, including preventative measures and appropriate communication to clients regarding resolution; has in‑depth knowledge of business operations and drives ongoing improvements in IT performance
• Portfolio Management: Management of the investments, projects and activities within a IT portfolio; Manage objectives, priorities, delivery and financials
• Talent Development: Develop a high performing team by building skills through coaching, mentoring and ongoing training and development; Creates and environment of continuous learning and growth development; Develops leadership talent across the organization and develops plans for enhancing organizational talent
• Financial Management: Manages financial budgets: capital, expense and in‑servicing; Manages regulatory commitments as appropriate; Effectively prioritizes financial spend based on strategic company objectives; Ensure financial prudency on behalf of customers and shareholders

Minimum Requirements

Bachelor’s degree in business, IT or related field or equivalent experience; master’s degree preferred. Ten years of IT experience and/or integrated utility and regulatory business experience building and developing teams. Experience managing leaders of teams. Sound understanding of core business processes, industry trends, technology and IT environments. Exceptional relationship management and communications skills.

Preferred Requirements

Experinece in Portfolio Management, procurement and software planning.

Our Culture and Values

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.

Compensation and Benefits

The anticipated starting base pay for this position is: $148,400.00 to $210,733.00 per year.

• Annual Incentive Program
• Long Term Incentive
• 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.

Equal Opportunity & Accessibility

EEO is the Law (PDF) | Equal Opportunity Statement (PDF) | Employee Rights (PDF)

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.

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You. Us. Together.

At Xcel Energy, we’re more than an energy company. We’re reinventing how we power communities. Redefining how we care for customers. Reaffirming our commitment to the planet. We’re committed to leading with equity and inclusion. You’re not waiting for change – you’re creating it. You’re driven to protect the environment, support your community, and seek innovation. You want a career that grows with you and an employer who values you. You are reliable, trustworthy and bring integrity to everything you do. We are leading the way in clean energy. We’re using technology and innovation in every facet of our company. We’re providing safe, stable jobs with robust benefits. We keep our customers at the center of all we do. We’re committed to hiring a workforce that reflects the communities we serve. Together, we can provide carbon‑free electricity by 2050. Together, we can take care of the environment and our communities. Together, we can create a place where everyone belongs. Together we’re building a better tomorrow.