Accounting Analyst I or II, Minneapolis, MN

Xcel EnergyMinneapolis, MN
Onsite

About The Position

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.

Requirements

  • Bachelor's degree in Accounting or related business degree, or an equivalent amount of education, training, and experience.
  • Completion of an accounting internship preferred.
  • 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.
  • 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.

Nice To Haves

  • Previous experience in Energy/Utility Industry.

Responsibilities

  • Collect and analyze 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.
  • Identify and resolve moderate to complex issues.
  • May train other analysts.

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
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