Sr Accounting Analyst

Xcel Energy•Minneapolis, MN
•Hybrid

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. Work includes accounting entries, analysis and reconciliation of ledgers and other accounts, inter-company billings, property valuations, regulatory reporting forms, and tax filings. The role may lead the accurate and timely analysis and reporting of various business cycles, provide work direction and training to other analysts, and consult with clients, co-workers, and management on technical accounting or system-related matters. The position applies broad accounting and GAAP knowledge to resolve complex issues, supports business-area clients, and contributes to special projects and process improvements. Xcel Energy supports a hybrid work model, with many roles expected onsite three days per week, Tuesday through Thursday; work location expectations vary by role, team, and business needs.

Requirements

  • Bachelor's degree in Accounting, Finance, or a related business field, or an equivalent combination of education, training, and experience.
  • At least four years of general financial accounting and reporting experience, emphasizing complex accounting issues and processes and multiple-company accounting.
  • Intermediate to advanced skills with Microsoft Office applications.
  • Demonstrated knowledge of and ability to apply GAAP.
  • Knowledge of business and legal principles, along with analytical and communication skills.

Nice To Haves

  • CPA or CMA certification is preferred and may be required for some positions.
  • Knowledge of and experience working with SAP is highly desirable.

Responsibilities

  • Support accurate month-end, quarter-end, and year-end accounting close cycles and the development of internal and external financial statements, regulatory reporting forms, and tax filings.
  • Analyze complex financial data; reconcile assigned accounts; prepare complex ledger entries and reports; settle inter-company receivables and payables; and prepare property valuations.
  • Select methods and techniques to analyze financial data, identify adverse trends, and recommend ways to mitigate financial impact.
  • Participate in or lead special projects, including system upgrade or enhancement testing, rate case support, financial analysis, ad hoc reporting, and process improvement initiatives.
  • Provide timely and accurate assistance and consultation to clients in supported business areas, including account-code and financial-report interpretation, project status reporting, 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, and federal rules and regulations, as well as internal and external financial reporting requirements.
  • Apply broad accounting and GAAP knowledge to resolve complex issues.
  • May provide work direction and training to other analysts.

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 an eligible health plan)
  • Limited-Purpose FSA (if enrolled in an eligible health plan and HSA)
  • Transportation Reimbursement Account
  • Short-term disability
  • Long-term disability
  • Employee Assistance Program
  • Fitness Center Reimbursement (if enrolled in an 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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