Plant Asset Accounting & Capital Policy Director

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

Benefits offered by this job

Medical/Pharmacy Plan

Dental

Vision

401(k) plan

Pension

Job summary

Xcel Energy is seeking a Director of Capital Asset Accounting to lead the plant asset accounting and capital policy functions. The role requires ensuring GAAP compliance and regulatory alignment across FERC and IRS requirements, while guiding a staff to deliver accurate financial information.

Responsibilities include managing depreciation, tax deductions, decommissioning funding, and regulatory testimony to support rate cases, with a hybrid work model and leadership responsibilities.

Qualifications

• Bachelor's degree in Business, Finance, Accounting or related field.
• 10+ years of accounting experience with 5+ years in management.
• Strong written and oral communication; leadership and interpersonal abilities.

Responsibilities

• Oversee Property Accounting functions and capital policy maintenance in compliance with GAAP and regulatory bodies.
• Manage capital investment cost recovery, regulatory filings, and expert testimony to support rate recovery.
• Oversee plant asset forecasting and reporting for regulatory filings and internal information needs.

Skills

Communication skills (written & oral)

Leadership

Interpersonal skills

Education

Bachelor's degree in Business/Finance/Accounting or related

Job description

Xcel Energy is seeking a Director of Capital Asset Accounting to lead the plant asset accounting and capital policy functions. The role requires ensuring GAAP compliance and regulatory alignment across FERC and IRS requirements, while guiding a staff to deliver accurate financial information.

Responsibilities include managing depreciation, tax deductions, decommissioning funding, and regulatory testimony to support rate cases, with a hybrid work model and leadership responsibilities.