Accounting Analyst I/II

Xcel Energy•Minneapolis, MN

About The Position

This position may be filled at either the Accounting Analyst I or Accounting Analyst II level, depending on the successful candidate’s background and years of experience. The Accounting Analyst I 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. The Accounting Analyst II performs general accounting processes to ensure accurate and timely accounting close cycles and the development of subsequent internal and external financial statements and reports. 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.

Requirements

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

Completion of an accounting internship preferred.
Ability and desire to obtain CPA or CMA.
Advanced Microsoft Excel knowledge/skills preferred.
CPA or CMA certification preferred.
Advanced Microsoft Excel knowledge/skills 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.
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.
Collect and analyze financial data in order to perform some or all of the following accounting processes: reconcile assigned accounts, analyze financial data and prepare accounting ledger entries, prepare internal and external reports, settle inter-company receivables and payables, prepare property valuation.
Identify and resolve moderate to complex issues.
Participate in and support special projects as assigned. May include, but not limited to testing system upgrades or enhancements, rate case support, conducting financial analysis and developing special reports and process improvement initiatives.
May train other analysts.
Applies knowledge of accounting and GAAP principles, practices, rules, processes, operations and company policies and procedures to resolve a variety of issues.