Sr Accounting Analyst

Xcel Energy•Minneapolis, MN

1d•Hybrid

About The Position

Xcel Energy is seeking a Sr Accounting Analyst to perform general accounting processes. This role ensures accurate and timely accounting close cycles and the development of financial statements and reports. Responsibilities include entries, analysis, reconciliation of ledgers, preparation of inter-company billings, property valuations, regulatory reporting, and tax filings. The company is a Fortune 500 energy provider serving millions across eight states and is committed to a hybrid work model, with many roles expected onsite three days per week.

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.
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.

Nice To Haves

Knowledge of and experience working with SAP highly desirable.
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.

Responsibilities

Perform general accounting processes to ensure accurate and timely accounting close cycles and the development of subsequent internal and external financial statements and reports.
Perform entries, analysis and reconciliation of accounting ledgers and other accounts.
Prepare inter-company billings, property valuations, required regulatory reporting forms and tax filings.
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 to perform accounting processes such as reconciling assigned accounts, analyzing financial data and preparing complex accounting ledger entries, preparing reports, settling inter-company receivables and payables, and preparing 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, which may include 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 the supported business area, including 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.
Use 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.