Manager, General Accounting

Xcel Energy•Minneapolis, MN
•$112,000 - $159,400•Hybrid

About The Position

Provide overall management and direction for accounting and financial reporting, both internal and external, with a primary focus on internal accounting operations. Lead the interpretation of accounting information from the Natural Chart of Accounts to the Federal Energy Regulatory Commission’s Uniform System of Accounts, and guide company personnel in understanding and complying with processes that support the company’s financial goals and objectives. The role leads accounting close and reporting activities, supports Operations and Finance, oversees accounting policies and procedures, and manages staff and audit-related work. Xcel Energy supports a hybrid work model. Many roles are expected to work onsite three days per week, Tuesday through Thursday, though location expectations vary by role, team, and business needs.

Requirements

  • Bachelor’s degree in accounting, finance, or equivalent.
  • At least five years of experience in job-related areas such as accounting, financial analysis, reporting, budgeting, and business and strategic planning.
  • Demonstrated knowledge of generally accepted accounting principles (GAAP) and FERC regulatory accounting requirements.
  • Ability to effectively use computer financial systems and the Microsoft Office Suite.
  • Demonstrated planning, analytical, and problem-solving skills.
  • Ability to work extended hours.
  • Strong oral and written communication skills.
  • Demonstrated ability to motivate others and promote a team environment.

Nice To Haves

  • MBA and/or CPA.
  • Supervisory experience.

Responsibilities

  • Ensure timely and accurate monthly accounting close using the General Ledger system and confirm appropriate pass-through to the regulatory ledger.
  • Oversee development, refinement, and oversight of accounting policies, procedures, and standards.
  • Provide proactive analysis and support to Operations and Finance, and develop and maintain relationships with those groups.
  • Assist and direct staff in preparing mandatory external financial reports for FERC, state regulators, shareholders, and others; ensure compliance with applicable reporting and accounting requirements.
  • Provide support to external auditors as necessary.
  • Provide education, training, and support to business areas on accounting policies, and ensure policies and procedures are implemented and applied.
  • Coordinate implementation of new accounting requirements.
  • Develop and maintain standard recurring journal entries.
  • Prepare and review month-end account reconciliations accurately and on time.
  • Attract, recruit, and retain highly trained and motivated staff, and establish and communicate clear performance expectations.
  • Maintain documentation and perform testing of Sarbanes-Oxley controls.
  • Coordinate internal and external audit activities.

Benefits

  • Annual Incentive Program
  • Medical/Pharmacy Plan
  • Dental
  • Vision
  • Life Insurance
  • Dependent Care Flexible Spending Account
  • Health Care Flexible Spending Account
  • Health Savings Account (if enrolled in eligible health plan)
  • Limited-Purpose FSA (if enrolled in eligible health plan and HSA)
  • Transportation Reimbursement Account
  • Short-term disability
  • Long-term disability
  • Employee Assistance Program
  • Fitness Center Reimbursement (if enrolled in eligible health plan)
  • Tuition reimbursement
  • Transit programs
  • Employee recognition program
  • Pension
  • 401(k) plan
  • Paid time off
  • Holidays
  • Volunteer Paid Time Off
  • Parental Leave
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