Accounting Analyst I

Xcel Energy•Minneapolis, MN

About The Position

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. Position Summary Assists with performing 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 Assist with collecting and analyzing financial data in order to perform some or all of the following accounting processes: reconciliation and variance reporting for assigned areas, reconcile assigned accounts, analyze financial data and prepare accounting ledger entries, prepare internal and external reports, settle inter-company receivables and payables, prepare property valuations. Identify and resolve data issues. Analyze financial data to identify adverse trends and recommend solutions to mitigate financial impact. Participate in and support accurate month-end, quarter-end and year-end accounting close cycles and development of internal and external financial statements, required regulatory reporting forms and tax filings. Provide timely and accurate assistance to clients within supported business area. Assistance includes, but is not limited to explanation of account codes or financial reports, providing project status reports, and guidance about accounting policies. Prepare presentations, statistical reports, schedules and other information on operating results for management and outside parties. Actively participate in or support special projects as assigned. Projects may include, but are not limited to testing system upgrades or enhancements, rate case support, and developing ad hoc reports and process improvement initiatives. Stay current with new or proposed local, state, federal rules and regulations, and internal and external financial reporting requirements. Uses professional concepts, rules, procedures, company policies and procedures to resolve commonly occurring issues. 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 [email protected]. You. Us. Together. At Xcel Energy, we’re more than an energy company. We’re reinventing how we power communities. Redefining how we care for customers. Reaffirming our commitment to the planet. We’re committed to leading with equity and inclusion. You’re not waiting for change – you’re creating it. You’re driven to protect the environment, support your community, and seek innovation. You want a career that grows with you and an employer who values you. You are reliable, trustworthy and bring integrity to everything you do. We are leading the way in clean energy. We’re using technology and innovation in every facet of our company. We’re providing safe, stable jobs with robust benefits. We keep our customers at the center of all we do. We’re committed to hiring a workforce that reflects the communities we serve. Together, we can provide carbon-free electricity by 2050. Together, we can take care of the environment and our communities. Together, we can create a place where everyone belongs. Together we’re building a better tomorrow.

Requirements

Bachelor's degree in Accounting or related business degree, or an equivalent amount of education, training, and experience.
Ability and desire to obtain CPA or CMA.
Demonstrated skills with Microsoft Office applications.
Ability to learn and apply GAAP.
Demonstrated customer service and interpersonal skills.
Demonstrated analytical skills.

Nice To Haves

Completion of an accounting internship preferred.

Responsibilities

Assist with collecting and analyzing financial data in order to perform some or all of the following accounting processes: reconciliation and variance reporting for assigned areas, reconcile assigned accounts, analyze financial data and prepare accounting ledger entries, prepare internal and external reports, settle inter-company receivables and payables, prepare property valuations.
Identify and resolve data issues.
Analyze financial data to identify adverse trends and recommend solutions to mitigate financial impact.
Participate in and support accurate month-end, quarter-end and year-end accounting close cycles and development of internal and external financial statements, required regulatory reporting forms and tax filings.
Provide timely and accurate assistance to clients within supported business area. Assistance includes, but is not limited to explanation of account codes or financial reports, providing project status reports, and guidance about accounting policies.
Prepare presentations, statistical reports, schedules and other information on operating results for management and outside parties.
Actively participate in or support special projects as assigned. Projects may include, but are not limited to testing system upgrades or enhancements, rate case support, and developing ad hoc reports and process improvement initiatives.
Stay current with new or proposed local, state, federal rules and regulations, and internal and external financial reporting requirements.
Uses professional concepts, rules, procedures, company policies and procedures to resolve commonly occurring issues.