Sr Accounting Analyst

Xcel Energy•Minneapolis, MN
•$73,700 - $104,633•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, as well as preparation of inter-company billings, property valuations, regulatory reporting forms and tax filings. The role may take a lead role in the analysis and reporting of business cycles, support special projects, advise clients and colleagues on accounting matters, and provide work direction and training to other analysts. Xcel Energy supports a hybrid work model to enable collaboration and flexibility. Many roles are expected to work onsite three days per week, Tuesday through Thursday; work location expectations vary based on 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.
  • Demonstrated knowledge of business and legal principles, analytical skills 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 or PowerPlan 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 accounting ledger entries and reports; settle inter-company receivables and payables; and prepare property valuations.
  • Identify adverse financial trends and recommend solutions 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 accounting assistance and consultation to clients, including interpreting account codes and financial reports, providing project status reports and resolving work orders.
  • Prepare presentations, statistical reports, schedules and other operating-results information for management and outside parties.
  • Consult with coworkers, clients and management on technical accounting or system-related matters.
  • Stay current with local, state and federal rules and regulations and internal and external financial reporting requirements; apply accounting and GAAP knowledge to resolve complex issues.
  • Provide work direction and training to other analysts, as needed.

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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