Sr Accounting Analyst

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

Benefits offered by this job

Annual Incentive Program

Medical/Pharmacy Plan

Dental

Vision

Life Insurance

Dependent Care Reimbursement Account

Health Care Reimbursement Account

Health Savings Account (HSA)

Limited-Purpose FSA (if enrolled in H)

Transportation Reimbursement Account

Short-term disability (STD)

Long-term disability (LTD)

Employee Assistance Program (EAP)

Fitness Center Reimbursement

Tuition reimbursement

Transit programs

Employee recognition program

Pension

401(k) plan

Paid time off (PTO)

Holidays

Volunteer Paid Time Off (VPTO)

Parental Leave

Job summary

Xcel Energy is seeking a Sr Accounting Analyst to perform general accounting processes, ensure accurate close cycles, and prepare financial statements and regulatory reports. You will analyze complex data, prepare inter-company billings, and support tax filings while staying current with GAAP and regulatory requirements.

The role may involve directing junior analysts, collaborating across teams, and contributing to process improvements in a hybrid work environment.

Qualifications

• Broad knowledge of GAAP and accounting standards.
• Strong analytical and communication skills.
• Proficient with Microsoft Office; SAP experience desirable.

Responsibilities

• Participate in month-end, quarter-end and year-end close processes with accurate reporting.
• Reconcile accounts, prepare complex ledger entries, and inter-company settlements.
• Lead special projects such as system upgrades or rate case support and ad hoc reporting.
• Provide guidance to clients and management on accounting matters and present findings.
• Stay current with local, state, and federal regulations and GAAP practice.

Skills

GAAP knowledge

Analytical skills

Communication skills

Microsoft Office applications

Education

Bachelor's degree in accounting, Finance or related business degree

Tools

SAP

Job description

Sr Accounting Analyst

Xcel Energy(NASDAQ:XEL)is a leading energy providerand Fortune 500company,dedicated toserving millionsofelectricity 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 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

Perform general accounting processes to ensure accurate and timely accounting close cycles and the development of subsequent internal and external financial statements and reports, including entries, analysis and reconciliation of accounting ledgers and other accounts and preparation of inter-company billings, property valuations, required regulatory reporting forms and tax filings.

Essential Responsibilities

• Participate in and support accurate month-end, quarter-end and year-end accounting close cycles and development of subsequent internal and external financial statements, required regulatory reporting forms and tax filings. May assume a lead role, responsible for the accurate and timely analysis and reporting of various business cycles.
• Collect and analyze a variety of complex financial data in order to perform some or all of the following accounting processes: reconcile assigned accounts, analyze financial data and prepare complex accounting ledger entries, prepare reports, settle inter-company receivables and payables, and prepare property valuations. Select methods and techniques to analyze financial data to identify adverse trends and recommend solutions to mitigate financial impact.
• Participate in or lead special projects as assigned. Projects may include but are not limited to testing system upgrades or enhancements, rate case support, conducting financial analysis and developing ad hoc reports and process improvement initiatives.
• Provide timely and accurate assistance and consultation to clients within supported business area, including, but not limited to interpretation of account codes or financial reports, providing project status reports, and work order resolution. Prepare presentations, statistical reports, schedules and other information on operating results for management and outside parties. Consult with co-workers, clients and management on technical accounting or system-related matters.
• Stay current with new or proposed local, state, federal rules and regulations and internal and external financial reporting requirements. Uses broad understanding of accounting and GAAP practices to resolve a wide range of complex issues in creative ways.
• May provide work direction and training to other analysts.

Minimum Requirements

• Bachelor's degree in accounting, Finance or related business degree or an equivalent combination of education, training, and experience.
• Minimum of 4 years’ experience in general financial accounting and reporting experience, with an emphasis on complex accounting issues, processes, and multiple company accounting. Note: Candidates with a master's degree or certification such as CPA, CMA, CFA, etc. or investment banking or public accounting background may be granted years of experience to reach the 4-year minimum.
• Intermediate to advanced skills with Microsoft Office applications.
• Demonstrated knowledge of and ability to apply GAAP.
• Demonstrated knowledge of business and legal principles, analytical and communication skills.
• Knowledge of and experience working with SAP highly desirable.

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

Xcel Energy provides jobapplicantsreasonable accommodations for disabilitiesthroughout the application process.

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

• 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.

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.

Deadline to Apply: 10/06/26

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