Manager, General Accounting

Xcel Energy; Denver (CO); Hybrid; USD 112,000 - 159,000; Full time

Benefits offered by this job

Annual Incentive Program

Medical/Pharmacy Plan

Dental

Vision

Life Insurance

401(k) plan

Job summary

Xcel Energy in Denver, CO, is seeking a senior accounting leader to oversee monthly closes, policy development, and regulatory reporting to FERC and external auditors. This role drives GAAP-compliant financial processes, ensures SOX controls, and partners with Operations and Finance to support strategic goals.

The ideal candidate has a Bachelor’s in accounting/finance (MBA/CPA preferred), 5+ years in accounting roles, strong analytical and communication skills, and a track record of leading

Qualifications

• Bachelor's degree in accounting, finance, or equivalent.
• MBA and/or CPA preferred.
• Minimum five years of experience in accounting, financial analysis, reporting, budgeting, and business and strategic planning.
• Knowledge of GAAP and FERC regulatory accounting requirements.
• Ability to use computer financial systems and MS Office; high analytical and problem-solving skills.
• Strong oral and written communication; supervisory experience preferred.

Responsibilities

• Lead timely and accurate monthly close using the General Ledger system.
• Develop and maintain accounting policies, procedures and standards.
• Provide analysis and support to Operations and Finance; build relationships across teams.
• Prepare external financial reports to FERC, state regulators, and shareholders; support auditors.
• Educate and train business areas on accounting policies and procedures; coordinate new accounting requirements.
• Develop and maintain recurring journal entries; perform month-end reconciliations.
• Attract, recruit, and retain skilled staff; set clear performance expectations.
• Maintain SOX controls and coordinate internal/external audits.

Skills

GAAP knowledge

Financial analysis

Regulatory accounting

Leadership

Communication

Education

Bachelor's degree in accounting/finance (or equivalent)

MBA and/or CPA preferred

Tools

Microsoft Office Suite

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.Position SummaryProvide overall management and direction in the areas of accounting and financial reporting (internal and external), with primary focus on internal accounting operations. Provide leadership in the interpretation of accounting information from the Natural Chart of Accounts to the Federal Energy Regulatory Commissions' Uniform System of Accounts. Lead Company personnel in understanding and complying with the processes, which facilitate the achievement of company financial goals and objectives.Essential ResponsibilitiesEnsure the timely and accurate accounting close each month using the General Ledger system and confirming appropriate pass-through to the regulatory ledger. Oversee development, refinement, and oversight of accounting policies, procedures and standards.Provide proactive analysis and support to Operations and Finance. Develop and maintain relationships with Operations and Finance.Assist and direct staff in preparation of various mandatory external financial reports of the Company to FERC, state regulators and shareholders and others. Ensure compliance with various reporting and accounting requirements for such reports. Provide support to external auditors as necessary.Provide education, training, and support to business area related to accounting policies. Ensure pertinent accounting policies and procedures are implemented and applied. Coordinate the implementation of new accounting requirements.Development and maintenance of standard recurring journal entries. Prepare and review month-end account reconciliations accurately and timely.Attract, recruit, and retain highly trained and motivated staff. Establish and communicate clear performance expectations.Maintain documentation and perform testing of Sarbanes Oxley controls. Coordinate internal and external audit activities.Minimum RequirementsBachelor's degree in accounting, finance, or equivalent. MBA and/or CPA preferred. Minimum five years of experience in various job-related areas such as accounting, financial analysis, reporting, budgeting, and business and strategic planning. Demonstrated knowledge of generally accepted accounting principles (GAAP) and FERC regulatory accounting requirements. This position requires the ability to effectively use computer financial systems, Microsoft Office Suite, demonstrated planning, analytical, problem solving skills and ability to work extended hours. Oral and written communication skills are critical. Supervisory experience is preferred. Demonstrated ability to motivate others and promote a team environment.Our culture is grounded in shared values and employee commitments that guide how we work, support one another, and grow together.Our ValuesConnected, Committed, Trustworthy, SafeOur Employee CommitmentsWork that makes a differenceA team you can count ofOpportunities to growRewards that help you thriveXcel 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-BargainingThe anticipated starting base pay for this position is: $112,000.00 to $159,400.00 per yearThis 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 LeaveBenefit 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: 10/30/26EEO 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.Accessibility StatementXcel 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.