Tax Analyst II or Senior Income Tax Analyst

Xcel Energy•Minneapolis, MN

45d

About The Position

Are you looking for an exciting job where you can put your skills and talents to work at a company you can feel proud to be a part of? Do you want a workplace that will challenge you and offer you opportunities to learn and grow? A position at Xcel Energy could be just what you're looking for. Position Summary To assist in the areas of filing the corporate federal and state income tax returns and extensions and the computation of estimated tax payments and tax accruals.

Requirements

Degree in business, finance or accounting or equivalent experience.
Ability to effectively use Excel spreadsheets and word processing software.
Demonstrated communication and relationship skills.
Two years' experience in income tax compliance and accounting. Appropriate experience would include: Consolidated federal and unitary state tax return preparation; Estimated federal and state income tax payment calculations; Monthly tax accruals/financial statement presentation; Income tax research and analysis, with references to authoritative tax literature.
Bachelors degree in accounting.
Four years' experience in income tax compliance and accounting. Note: Candidates with a 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.
Appropriate experience would include: Current and deferred income tax accruals and financial statement presentation. Consolidated federal and unitary state tax return preparation. Estimated federal and state income tax payment calculations. Income tax research and analysis with references to authoritative tax literature.

Nice To Haves

Master's Degree (i.e. Master of Business Taxation) or equivalent license or certification (i.e. CPA).
Large advisory, accounting firm, or other relevant experience.

Responsibilities

Participates in the preparation of all required federal consolidated and state income tax returns and claims for refund to ensure accurate and timely filing and minimization of tax liability.
Participates in the determination of the monthly tax accruals and disclosures to ensure compliance with IRS, GAAP, Sarbanes Oxley and regulatory income tax accounting and public utility normalization requirements. The timeliness and accuracy of the monthly tax accrual is critical to the company's earnings determination process.
Assists in implementing Company tax policies in order to maintain compliance with governmental regulatory agencies. Assist in the annual preparation of the Federal Energy Regulatory Commission Form 1 and Uniform Statistical Report.
Performs other non-routine duties and assumes other responsibilities as apparent or as assigned.
Keeps abreast of current changes in tax laws, regulations, and rulings by ongoing reading and research to accurately prepare federal and state income tax returns.