Sr SOX Compliance Analyst OR SOX Compliance Consultant

Xcel Energy•Minneapolis, MN

2d•Hybrid

About The Position

Xcel Energy is hiring for either a Sr SOX Compliance Analyst or a SOX Compliance Consultant to assist in managing Sarbanes-Oxley compliance and help company personnel understand and comply with internal controls over financial reporting. The role supports the company’s SAP applications by participating in or assisting with Governance, Risk and Compliance (GRC) reviews of risks, role changes, and access requests. Both roles maintain or facilitate updates to SOX documentation, including risk assessments, control activities, significant business process documentation and process maps, and compliance activities. They provide ad hoc training to control owners and other relevant parties, participate in quarter-end and year-end control environment assessments, help resolve complex problems, and report issues. They may also provide work direction and training to control owners, analysts, interns, or others. The Sr SOX Compliance Analyst participates in control environment assessments and mitigation activities for assigned special projects. The SOX Compliance Consultant may participate in or lead those assessments, work with senior leadership to resolve complex problems, report issues to executives and internal and external auditors, and drive mitigation activities. Special projects may involve evaluating risks and implementing mitigation tools for system implementations, upgrades, enhancements, or process changes, as well as developing ad hoc reports and driving process and technology improvements. The position is hybrid under Xcel Energy’s work model. Many roles are expected to work onsite three days per week, Tuesday through Thursday, though expectations vary by role, team, and business needs.

Requirements

Bachelor’s degree in Accounting.
For the Sr SOX Compliance Analyst: two years of auditing experience and a master’s degree or licensed CPA/equivalent certification (or CPA eligibility); or two years of IT auditing or IT controls integration experience; or four years of financial accounting and reporting or tax experience.
For the SOX Compliance Consultant: four years of auditing experience and a master’s degree or licensed CPA/equivalent certification (or CPA eligibility); or four years of IT auditing or IT controls integration experience; or six years of financial accounting and reporting or tax experience.
Demonstrated understanding and working knowledge of GAAP, SEC, FERC, PCAOB Sections 302, 404 and 906, and DOL and ERISA accounting.
Ability to communicate complex control issues and accounting and financial reporting matters.
Strong organizational, communication, presentation, and documentation skills; the consultant role also calls for professional judgment.
All Xcel Energy employees and contractors share responsibility for protecting company information and systems by following cybersecurity policies, standards, and best practices.

Nice To Haves

MBA and/or CPA preferred.
Experience with IT and/or systems-related controls, preferably SAP, for the analyst role.
Extensive experience with IT and/or systems-related controls, preferably SAP, for the consultant role.

Responsibilities

Maintain or facilitate updates to Sarbanes-Oxley documentation, including risk assessments, control activities, significant business process documentation and process maps, and compliance activities.
Provide ad hoc training to control owners and other relevant parties.
Participate in quarter-end and year-end assessments of the control environment; the consultant may lead these assessments.
Assess control issues, assist in resolving complex problems, and report on issues; the consultant may work with senior leadership and report to executives and internal and external auditors.
Participate in mitigation activities for assigned special projects as an analyst, or drive mitigation activities as a consultant.
Evaluate risks and implement appropriate risk mitigation tools related to system implementations, upgrades, enhancements, or process changes.
Develop ad hoc reports and support process improvement initiatives, including driving technology changes.
Participate in Governance, Risk and Compliance assessments of risks, role changes, and access requests; the consultant evaluates and approves changes to role and access risks.
Provide work direction and training to control owners, analysts, interns, or other relevant parties as needed.