Sr Accounting Analyst

Financeroles; Minneapolis (MN); On-site; 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

Pension

Paid time off

Job summary

Xcel Energy in Minneapolis, MN is seeking a Sr. Accounting Analyst to perform general accounting processes for accurate close cycles and to support the development of internal and external financial statements and reports.

You will handle entries, analyses, reconciliations, and inter-company billings with emphasis on complex issues and regulatory reporting. The role requires strong knowledge of GAAP, Excel, and SAP, and may involve leading others or projects.

Qualifications

• Bachelor's degree in Accounting, Finance or related business degree or equivalent combination of education, training, and experience.
• CPA or CMA certification preferred and may be required for some positions.
• Minimum four years general financial accounting and reporting experience with emphasis on complex accounting issues and multi-company accounting.

Responsibilities

• Assist in month-end, quarter-end and year-end close processes and prepare internal and external financial statements and tax filings.
• Analyze financial data, reconcile accounts, prepare ledger entries, and manage inter-company billings and receivables/payables.
• Lead or participate in special projects such as system upgrades, rate case support, and process improvement initiatives.
• Provide timely guidance to clients and management on account codes, financial reports and performance metrics.
• Stay current with GAAP and regulatory changes and apply them to financial reporting.

Skills

GAAP knowledge

Microsoft Excel

Analytical skills

Communication skills

SAP experience

Education

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

CPA/CMA certification preferred

Tools

SAP

Job description

Sr Accounting Analyst

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.
• CPA or CMA certification preferred and may be required for some positions.
• Minimum four years general financial accounting and reporting experience, with an emphasis on complex accounting issues, processes and multiple company accounting.
• 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

Accessibility Statement

Xcel 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.

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 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.

Deadline to Apply: 11/01/26

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Xcel Energy provides jobapplicantsreasonable accommodations for disabilitiesthroughout the application process. If youare in need ofanaccommodationto complete the application process, now or at any time in the future, please complete the Applicant Accommodation Request Form.