Accounting Analyst II or Senior Accounting Analyst (Capital Asset Accounting)

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. This position is posted as a hierarchy at the Accounting Analyst II or Senior Accounting Analyst level. Successful candidate(s) will be hired at the level that is commensurate with their skills and experience. 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.

Requirements

Accounting Analyst II Minimum Requirements Bachelor's degree in Accounting, Finance or related degree or equivalent combination of education, training and experience.
Minimum two years general financial accounting and reporting experience with an emphasis on accounting issues and processes.
CPA or CMA certification preferred.
Intermediate skills with Microsoft Office applications required.
Demonstrated knowledge of and ability to apply GAAP principles, knowledge of business and legal principles, and analytical and communication skills.
Senior Accounting Analyst Minimum Requirements Bachelor’s degree in Accounting, Finance or related business degree or an equivalent combination of education, training, and experience.
Minimum of 4 years’ experience in general financial accounting and reporting experience, with an emphasis on complex accounting issues, processes, and multiple company accounting.
Note: Candidates with a Master's Degree or certification such as CPA, CMA, CFA, etc or investment banking or public accounting background may be granted years of experience to reach the 4-year minimum.
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.

Nice To Haves

SAP experience
PowerPlan experience

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.