Sr Accounting Analyst

Xcel Energy; Minneapolis, Saint Paul (MN, MN); On-site; USD 74,000 - 97,000; Full time

Benefits offered by this job

Annual Incentive Program

Medical/Pharmacy Plan

Dental

Vision

Life Insurance

Pension

401(k) plan

Paid time off (PTO)

Holidays

Volunteer Paid Time Off (VPTO)

Parental Leave

Job summary

Xcel Energy is seeking an Sr Accounting Analyst to support month-end close processes, prepare regulatory and tax filings, and analyze complex financial data for accurate reporting. The role requires strong GAAP knowledge, SAP experience, and the ability to coordinate with cross-functional teams across multiple entities.

The position offers comprehensive benefits and opportunities for growth within a leading energy company serving millions of customers.

Qualifications

• Bachelor's degree in Accounting, Finance or related business degree.
• CPA or CMA certification preferred but not required.
• Minimum four years general financial accounting and reporting experience, with emphasis on complex accounting issues and multi-company accounting.
• Knowledge of SAP highly desirable.

Responsibilities

• Perform joint venture billing, Nuclear accounting & business support, audit support, account reconciliations, posting reclasses, posting accruals, and ad hoc projects.
• Support month-end, quarter-end and year-end close cycles and prepare regulatory reports and tax filings; may lead analysis and reporting of various business cycles.
• Analyze financial data, reconcile accounts, prepare complex ledger entries, and prepare reports; manage inter-company receivables/payables and property valuations.
• Lead or participate in special projects, such as system upgrades, rate case support, and ad hoc reports or process improvements.
• Provide timely accounting consultation to clients; prepare presentations and schedules on operating results for management and external parties.
• Stay current with GAAP and regulatory reporting requirements; resolve complex accounting issues creatively.
• Possibly provide training to other analysts; coordinate with outsourced teams.

Skills

Microsoft Office

GAAP

Analytical skills

Communication skills

SAP

Education

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

CPA or CMA certification

Tools

SAP

Job description

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.

Sr Accounting Analyst

Position Summary

This position provides crucial support during Xcel's month end Close and accounting processes. 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

• Perform joint venture billing, Nuclear accounting & business support, audit support, account reconciliations, posting reclasses, posting accruals, and ad hoc projects where needed.
• 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
• Coordination with outsourced team members as required.

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 but not required.
• 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.

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 $96,900.00 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: 09/14/26

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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.