Director, Vendor and Software Management

Xcel Energy 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 Inc. in Denver seeks an IT Portfolio Leader to transform fragmented software and service spend into a simplified, accountable partner ecosystem, driving cost efficiency, delivery performance, and resilience.

Responsibilities include IT budgeting, capital and O&M planning, vendor governance, and coaching teams to achieve strategic objectives while aligning with enterprise IT standards. This role demands strong relationship management and leadership across IT and business partners.

Qualifications

• Bachelor's degree in business, IT or related field; master's preferred.
• Ten years of IT experience and/or integrated utility/regulatory business experience.
• Experience managing leaders of teams.
• Strong relationship management and communications skills.

Responsibilities

• Relationship Management: Build strong executive partnerships with internal/external teams.
• Strategy and Planning: Develop/maintain strategic technology roadmaps.
• Operational / Delivery Management: Manage production issues and improvements in IT performance.
• Portfolio Management: Oversee IT investments, projects and priorities.
• Talent Development: Coach and develop teams; nurture leadership.
• Financial Management: Manage budgets and financial spend with prudence.

Skills

Relationship Management

Strategy and Planning

Operational Delivery

Portfolio Management

Financial Management

Leadership

Education

Bachelor's degree in business/IT or related field

Master's degree preferred

Job description

Xcel Energy(NASDAQ:XEL)is a leading energy providerand Fortune 500company,dedicated toserving millions ofelectricity andnaturalgascustomersacross eight states:Minnesota, Colorado, Wisconsin, Michigan, North Dakota, South Dakota,New Mexicoand Texas.We make energy work better forourcustomers, 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.

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 inservicing; 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 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

Non-Bargaining

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

This position is eligible for the following benefits:

• 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.

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.