Sr Financial Analyst

Xcel Energy Inc; Minneapolis (MN); On-site; USD 90,000 - 120,000; Full time

Job summary

Xcel Energy is seeking a Sr Financial Analyst in Minneapolis to lead financial analysis, budgeting, and forecasting for O&M and capital projects. You will coordinate reports, model scenarios, and provide actionable recommendations to management while ensuring regulatory and internal control standards are met.

The role requires a strong background in accounting/finance, 4+ years of experience, and excellent communication skills.

Qualifications

• Bachelor's degree in Accounting, Finance or related business degree or a combination of equivalent education and experience.
• CPA, CMA or MBA preferred.
• Minimum four years experience in general financial accounting or analysis.
• Intermediate to advanced skills with Microsoft Office applications required.

Responsibilities

• Perform ongoing tracking, analysis and revisions as required for supported areas of O&M and capital costs. Work with Business Area leaders to provide projections of the impact of deviations on the financial outlook for the remainder of the year. Prepare internal and external reports, and identify and resolve moderate to complex data issues. Analyze financial data to identify adverse trends and recommend solutions to mitigate financial impact. Effectively communicate results through concise oral and written communications.
• Provide financial analysis and support to management for the annual budget process, as well as modeling, analysis and financial support for current year and five year forecasting.
• Document key processes of supported areas to ensure consistency and compliance with legal and regulatory requirements. Provide proactive process improvement recommendations and assist in implementing the accepted solutions.
• Prepare rate case information and analysis as required to support submission. Assist in performing regulatory support for requests or associated schedules.
• Performs and assists with special projects as assigned.

Skills

Financial analysis

Budgeting

Forecasting

Communication

Education

Bachelor's degree in Accounting/Finance

CPA/CMA/MBA preferred

Tools

Microsoft Excel

ERP systems

Job description

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 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.

Sr Financial Analyst

Position Summary

Perform and coordinate the development, tracking, reporting and analysis of financial information, including financial reporting, budget creation, and financial analysis. Provide proactive, clear and actionable recommendations and alternatives to management. Document key processes and internal control points for reporting to management. Direct activities of other analysts as appropriate.

Essential Responsibilities

• Perform ongoing tracking, analysis and revisions as required for supported areas of O&M and capital costs. Work with Business Area leaders to provide projections of the impact of deviations on the financial outlook for the remainder of the year. Prepare internal and external reports, and identify and resolve moderate to complex data issues. Analyze financial data to identify adverse trends and recommend solutions to mitigate financial impact. Effectively communicate results through concise oral and written communications.
• Provide financial analysis and support to management for the annual budget process, as well as modeling, analysis and financial support for current year and five year forecasting.
• Document key processes of supported areas to ensure consistency and compliance with legal and regulatory requirements. Provide proactive process improvement recommendations and assist in implementing the accepted solutions.
• Prepare rate case information and analysis as required to support submission. Assist in performing regulatory support for requests or associated schedules.
• Performs and assists with special projects as assigned.

Minimum Requirements

• Bachelor's degree in Accounting, Finance or related business degree or a combination of equivalent education and experience.
• CPA, CMA or MBA preferred.
• Minimum four years experience in general financial accounting or analysis.
• Intermediate to advanced skills with Microsoft Office applications required.
• Ability to communicate effectively in writing and verbally.
• Demonstrated skills in analysis, problem solving, customer service and relationship building desired.

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. If youare in need ofanaccommodationto complete the application process, now or at any time in the future, please complete the Applicant Accommodation RequestForm.

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: 10/30/26

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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 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.