Sr SOX Compliance Analyst OR SOX Compliance Consultant

Xcel Energy•Minneapolis, MN

1d•$73,700 - $120,567•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 roles also work with SAP applications and the Governance, Risk and Compliance (GRC) application to review 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 may provide ad hoc training and work direction to control owners, analysts, interns, or other relevant parties. The Senior Analyst participates in quarter-end and year-end control environment assessments, helps resolve complex problems, reports issues, and participates in assigned mitigation activities and GRC assessments. The Consultant may lead those assessments, work with senior leadership, report issues to executives and internal and external auditors, drive mitigation activities, and evaluate and approve role and access risk changes. Xcel Energy supports a hybrid work model, with many roles expected to work onsite Tuesday through Thursday; location expectations vary by role, team, and business needs. The position is non-bargaining and eligible for an annual incentive program and a range of benefits. The anticipated starting base pay is $73,700 to $120,567 per year, with role-specific ranges listed below.

Requirements

Bachelor's degree in Accounting.
For the Senior Analyst role, meet one of these experience pathways: two years of auditing experience and a master's degree or licensed CPA/equivalent certification (CPA eligible); two years of IT auditing or IT controls integration experience; or four years of financial accounting and reporting or tax experience.
For the Consultant role, meet one of these experience pathways: four years of auditing experience and a master's degree or licensed CPA/equivalent certification (or CPA eligible); 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.
For the Consultant role, ability to resolve complex control issues and accounting and financial reporting matters, with strong organizational, presentation, professional judgment, and documentation skills.

Nice To Haves

MBA and/or CPA.
Experience with IT and/or systems-related controls, preferably SAP, for the Senior Analyst role.
Extensive experience with IT and/or systems-related controls, preferably SAP, for the Consultant role.

Responsibilities

Maintain and/or facilitate updates to Sarbanes-Oxley documentation, including risk assessments, control activities, significant business process documentation and process maps, and compliance activities.
Facilitate ad hoc training for control owners or other relevant parties.
Participate in quarter-end and year-end assessments of the control environment; for the Consultant role, may lead these assessments.
Assess control issues, assist with resolving complex problems, and report issues; the Consultant may work with senior leadership and report to executives and internal and external auditors.
Participate in or drive mitigation activities for assigned special projects, including evaluating risks and implementing mitigation tools for system implementations, upgrades, enhancements, or process changes.
Develop ad hoc reports and contribute to 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 provides approval on changes to role and access risks.
May provide work direction and training to control owners, analysts, interns, or others.