Manager, Business Area Finance

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. Manager, Business Area Finance Position Summary Manage budgeting, forecasting, and analysis activities for assigned business area(s). Oversee development of business area budget and forecasts. Ensure that business plans and budgets support achievement of jurisdictional earnings targets. Support business plan, financial performance indicators and business area financial priority development. Develop, manage and oversee implementation of best practices in forecasting, budgeting and variance analysis to support internal and external reporting and enhance the profitability of each Operating Company. Provide strategic guidance and direction to business area leadership to improve the overall financial effectiveness of business area.

Requirements

Degree in Finance, Accounting, business or equivalent.
Minimum 5 years experience in various job-related areas including budgeting, financial analysis, accounting, forecasting and business planning.
Oral and written communication skills are critical.
Willingness to travel occasionally.

Nice To Haves

Advanced knowledge as demonstrated by MBA, CFA, CPA, or industry recognition is desired.
Supervisory experience preferred.
Demonstrated ability to motivate others and promote a team environment.

Responsibilities

Manage budgeting, forecasting and variance analysis required to achieve financial objectives.
Manage business area's capital expenditures and plant closing or project in-service dates for forecasting purposes, with a focus on regulatory recovery optimization.
Oversee development, refinement and oversight of forecasting and budgeting policies, procedures and standards.
Manage and direct business area finance activities to ensure timely and accurate transactions.
Identify and develop business area strategies related to revenue and costs.
Team with business area leadership to develop action plans to address identified deficiency/sufficiency.
Directs the strategic planning activities relating to business area budgeting and accounting.
Responsible for providing analysis and tracking of O&M budget, capital budget, forecasts, non-utility, and financial data for business area leadership.
Manage, direct and coordinate the development and refinement of funding requests during the annual budget process.
Responsible for business area budgeting and forecasting processes.
Team with business area leadership to guide effective achievement of financial goals.
Attract, recruit and retain a highly trained and motivated staff.
Establish and communicate clear performance expectations.
Represent finance and budgets at business area and corporate levels to ensure business area and corporate strategies and policies are aligned.
Provide education and support to business area related to budgeting and financial issues.

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 Benefit plans are subject to change and Xcel Energy has the right to end, suspend, or amend any of its plans, at any time, in whole or in part.