Xcel Energy · 1 week ago
Accounting Analyst II or Senior Accounting Analyst (Capital Asset Accounting)
Twin Cities Area
Full-time
Onsite
Mid, Senior Level
$62K/yr - $102K/yr
2+ years expXcel Energy is a leading combination electricity and natural gas energy company, and they are seeking a Senior Accounting Analyst to perform general accounting processes and support accurate financial reporting. The role involves analyzing financial data, participating in accounting close cycles, and providing consultation to clients within supported business areas.
Electrical DistributionEnergyNatural Resources
Responsibilities
Participate in and support accurate month-end, quarter-end and year-end accounting close cycles and development of subsequent internal and external financial statements, required regulatory reporting forms and tax filings. May assume a lead role, responsible for the accurate and timely analysis and reporting of various business cycles
Collect and analyze a variety of complex financial data in order to perform some or all of the following accounting processes: reconcile assigned accounts, analyze financial data and prepare complex accounting ledger entries, prepare reports, settle inter-company receivables and payables, and prepare property valuations. Select methods and techniques to analyze financial data to identify adverse trends and recommend solutions to mitigate financial impact
Participate in or lead special projects as assigned. Projects may include, but are not limited to testing system upgrades or enhancements, rate case support, conducting financial analysis and developing ad hoc reports and process improvement initiatives
Provide timely and accurate assistance and consultation to clients within supported business area, including, but not limited to interpretation of account codes or financial reports, providing project status reports, 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, federal rules and regulations and internal and external financial reporting requirements. Uses broad understanding of accounting and GAAP practices to resolve a wide range of complex issues in creative ways
May provide work direction and training to other analysts
Qualification
Required
Bachelor's degree in Accounting, Finance or related degree or equivalent combination of education, training and experience
Minimum two years general financial accounting and reporting experience with an emphasis on accounting issues and processes
Intermediate skills with Microsoft Office applications required
Demonstrated knowledge of and ability to apply GAAP principles, knowledge of business and legal principles, and analytical and communication skills
Bachelor's degree in Accounting, Finance or related business degree or an equivalent combination of education, training, and experience
Minimum of 4 years' experience in general financial accounting and reporting experience, with an emphasis on complex accounting issues, 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 and communication skills
Preferred
CPA or CMA certification preferred
Knowledge of and experience working with SAP highly desirable
SAP experience
PowerPlan experience
Benefits
Annual Incentive Program
Medical/Pharmacy Plan
Dental
Vision
Life Insurance
Dependent Care Reimbursement Account
Health Care Reimbursement Account
Health Savings Account (HSA) (if enrolled in eligible health plan)
Limited-Purpose FSA (if enrolled in eligible health plan and HSA)
Transportation Reimbursement Account
Short-term disability (STD)
Long-term disability (LTD)
Employee Assistance Program (EAP)
Fitness Center Reimbursement (if enrolled in eligible health plan)
Tuition reimbursement
Transit programs
Employee recognition program
Pension
401(k) plan
Paid time off (PTO)
Holidays
Volunteer Paid Time Off (VPTO)
Parental Leave
Company
Xcel Energy
Xcel Energy is an electric and natural gas energy company that offers a portfolio of energy-related products and services to customers.
10001+ employees
H1B Sponsorship
Xcel Energy has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (6)
2024 (6)
2023 (6)
2022 (4)
2021 (1)
2020 (1)
Funding
Current Stage
Public CompanyTotal Funding
$1.39BKey Investors
US Department of EnergyBreakthrough Energy Ventures
2024-11-04Post Ipo Equity· $1.2B
2023-10-18Grant· $100M
2023-09-22Grant· $70M
Leadership Team
Robert Frenzel
Chairman, President and CEO
Brian Van Abel
Executive Vice President and Chief Financial Officer
Recent News
2025-12-27
Company data provided by crunchbase