Strategic Financial Analyst: Budgeting, Forecasting & Analysis

Xcel Energy Inc; Minneapolis, Northern (MN, KY); Hybrid; USD 73,000 - 106,000; Full time

Benefits offered by this job

Annual Incentive Program

Medical/Pharmacy Plan

Dental

Vision

Life Insurance

401(k) plan

Paid time off (PTO)

Holidays

Tuition reimbursement

Transit programs

Volunteer Paid Time Off (VPTO)

Parental Leave

Job summary

Xcel Energy seeks a Sr Financial Analyst to lead analysis, budgeting, and reporting for O&M and capital costs. You will provide actionable recommendations to management and document key processes. You will work with area leaders to forecast, model, and report financial performance.

The role requires strong communication, a Bachelor's in Accounting/Finance, and 4+ years of related experience; CPA/CMA/MBA is preferred. Proficiency in Microsoft Office is expected.

Qualifications

• Ability to communicate effectively in writing and verbally. Comfortable presenting to Sr Leadership and other stakeholders across Xcel Energy.
• 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 year's experience in general financial accounting or analysis.
• Intermediate to advanced skills with Microsoft Office applications required.
• Demonstrated skills in analysis, problem solving, customer service and relationship building desired.

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

Communication skills

Bachelor's degree

Microsoft Office

Problem solving

Relationship building

Education

Bachelor's degree in Accounting or Finance

CPA, CMA or MBA preferred

Tools

Microsoft Office

Job description

Xcel Energy seeks a Sr Financial Analyst to lead analysis, budgeting, and reporting for O&M and capital costs. You will provide actionable recommendations to management and document key processes. You will work with area leaders to forecast, model, and report financial performance.

The role requires strong communication, a Bachelor's in Accounting/Finance, and 4+ years of related experience; CPA/CMA/MBA is preferred. Proficiency in Microsoft Office is expected.