Fleet Asset Manager

Xcel Energy Inc; Minneapolis, Northern (MN, KY); Hybrid; USD 74,000 - 105,000; Full time

Benefits offered by this job

Annual Incentive Program

Medical/Pharmacy Plan

Dental

Vision

Life Insurance

401(k) plan

Paid time off

Job summary

Xcel Energy is seeking a Fleet Asset Manager to design and execute a replacement strategy for a large fleet, including vehicles and equipment. You will develop lifecycle analyses, manage annual plans, and forecast asset requirements in partnership with business areas.

Responsibilities include coordinating with suppliers, maintaining fleet design specs, and ensuring regulatory and safety standards. Strong analytical and collaboration skills are essential.

Qualifications

• Bachelor's degree in related field and five years of experience in accounting, finance, supply chain, or business planning/consulting; or equivalent combo.
• 3 years experience in acquisition and disposal of fleet vehicles.
• Mechanical experience beneficial.
• Demonstrated analytical and problem solving skills.
• Demonstrated ability to build and maintain effective working relationships.
• Strong computer skills required.
• Experience with Microsoft Office and Fleet management tools highly desirable.

Responsibilities

• Manage 1,800 unit fleet of owned and rented assets and optimize asset mix.
• Validate and manages annual fleet capital and rental proposals within budget.
• Gather functional requirements and facilitate specification approvals with operations partners.
• Lead standardization projects within assigned fleet area and document standards.
• Coordinate with Fleet Operations to maintain standard operating procedures and improve productivity.
• Establish relationships with contracted service suppliers and key Xcel stakeholders.
• Oversee Fleet Management Information System data entry and asset record keeping.

Skills

Analytical thinking

Problem solving

Relationship building

Computer skills

Microsoft Office

Fleet management tools

Education

Bachelor's degree

Tools

Fleet management tools

Microsoft Office

Job description

Fleet Asset Manager

Are you looking for an exciting job where you can put your skills and talents to work at a company you can feel proud to be a part of? Do you want a workplace that will challenge you and offer you opportunities to learn and grow? A position at Xcel Energy could be just what you’re looking for.

Position Summary

Responsible for the design, development and execution of a fleet asset replacement strategy and plan for Xcel Energy's fleet assets within assigned jurisdiction. Fleet assets are comprised primarily of automobiles, light, medium, and heavy duty trucks, and power operated equipment. Develop fleet design standards that minimize total cost while meeting user requirements. Enhance asset utilization through rental options, maintain adequate equipment pool and redeployment of existing equipment. Collaborate with business partners to develop annual budget for procurement in support of the acquisition plan. Acts as liaison with investment recovery department for divestures of fleet assets and leads monthly forecasting process. Proficient in the development and deployment of a life cycle cost analysis to determine the optimal replacement schedule minimizing the total cost of ownership.

Essential Responsibilities

• Manage 1,800 unit fleet of owned and rented assets. Ensure asset mix and location are appropriate to support operation's work functions. Propose/execute pooling and rental strategies to share fleet assets, optimally balancing functional, emergency availability, utilization, and cost considerations. Leverage reporting tools, identifying high and low use utilization assets, to maintain Xcel's optimal fleet mix. Facilitate scorecard metric reviews and utilization improvement projects. Deploy lifecycle analysis, such as Total Cost of Ownership models, to determine optimal asset replacement timing, while meeting capital budget requirements. Lead the development and implementation of a fleet asset annual plan. Accountable for final asset plan, collaborating to gather other inputs such as condition assessments, changing work functions, headcount requirements, supplier availability, and pricing. Update asset plan throughout the year and provide delivery forecasts to operations.
• Validate and manages annual fleet capital and rental proposals. Establish an asset plan and leverages analytics to monitor and ensure annual spend is within budget. Collaborate with suppliers to reserve and set production schedules, partner with sourcing and purchasing to establish supplier relationship management programs, and ensure delivery timing matches budgeted spend. Provide monthly capital forecasts to business area finance.
• Gather functional requirements and facilitates specification approvals with operations partners. Collaborate with suppliers to build detailed fleet asset design specifications. Ensure all vehicles and equipment meet established industry regulations as well as safety and design standards. Lead Standardization projects within assigned fleet area, facilitates standards meetings with operations, suppliers, sourcing, and safety teams. Document standards in consistent specification templates. Introduce new specification technologies to improve operation productivity and meet Xcel's alternative energy goals.
• Collaborate with Fleet Standards & Performance & Fleet Operations team members to maintain standard operating procedures. Continuously improve operating procedures to enhance productivity, consistency, and transparency.
• Establish and maintain effective working relationships with a variety of contracted service suppliers to assures quality and cost/benefit of services provided. Develop strong relationships with key Xcel stakeholders at the director level: operations, business area finance, capital asset accounting, sourcing and purchasing, material coordination, and fleet operations.
• Accountable for Fleet Management Information System content: supplier selection from sourced contracts and purchasing plans for buyers; initiate asset-specific financial record keeping of capital costs; enter asset identifying information, costs, warranty, and initial maintenance programs in partnership with Fleet Operations programs; upkeep of physical asset location and personnel assignments; enter and maintain specific asset capital and O&M financial accounting in partnership with business area finance; coordinate onboarding of new assets with fleet operations; liaison with investment recovery department for divestures of fleet assets.

Minimum Requirements

• Bachelor's degree in related field such as mechanical engineering, supply chain management, computer science, business, mathematics, finance, or accounting, etc. and five years of experience in accounting, finance, Supply Chain, or business planning/consulting; OR equivalent combination of education and experience.
• 3 years experience in acquisition and disposal of fleet vehicles.
• Mechanical experience beneficial.
• Demonstrated analytical and problem solving skills.
• Demonstrated ability to build and maintain effective working relationships.
• Strong computer skills required.
• Experience with Microsoft Office and Fleet management tools highly desirable.

Preferred

• Experience working with light, medium and heavy-duty vehicles with complex utility upfitting.

As a leading combination electricity and natural gas energy company, Xcel Energy offers a comprehensive portfolio of energy-related products and services to 3.4 million electricity and 1.9 million natural gas customers across eight Western and Midwestern states. At Xcel Energy, we strive to be the preferred and trusted provider of the energy our customers need. If you’re ready to be a part of something big, we invite you to join our team.

All qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Individuals with a disability who need an accommodation to apply please contact us at [e-mail].

Non-Bargaining

The anticipated starting base pay for this position is: $73,700.00 to $104,633.00 per year

This position is eligible for the following benefits:

• Annual Incentive Program
• Medical/Pharmacy Plan
• Dental
• Vision
• Life Insurance
• Dependent Care Reimbursement Account
• Health Care Reimbursement 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: 09/20/26

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ACCESSIBILITY STATEMENT

Xcel Energy endeavors to make https://www.xcelenergy.com/ accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact Xcel Energy Talent Acquisition at [e-mail]. This contact information is for accommodation requests only and cannot be used to inquire about the status of applications.