Xcel Energy · 21 hours ago
Senior Payroll Analyst
Minneapolis, MN, 55401
Full-time
Onsite
Mid, Senior Level
$74K/yr - $105K/yr
5+ years expXcel Energy is a leading combination electricity and natural gas energy company, serving millions of customers across multiple states. They are seeking a Senior Payroll Analyst to provide expertise in payroll processing and financial reporting, ensuring compliance with various regulations and managing complex payroll issues.
EnergyIndustrialAgricultureElectrical DistributionNatural Resources
Responsibilities
Responsible for ensuring accurate and timely payroll processing (regular, off-cycle and annual) in accordance with all federal, state, and local regulations and tax standards, bargaining agreements, and company policies. Calculate and process complex and high-visibility transactions including multi-state taxation adjustments, incentive taxation, retroactive adjustments, year-end tax reconciliations, and unique bargaining payouts
Research and analyze complex payroll issues including reconciliations, overpayments, taxation and adjustments. Provide technical payroll processing, calculation, and consulting expertise on business and technology issues that impact how/when employees are paid. Communicate research and analysis results to a wide variety of audiences including senior executives, timekeepers, employees, and external agencies and vendors
Provide support for timekeeping systems and payroll administrators including training, managing system access, delivering reporting, supporting processes and procedures, researching issues, reconciling data with other systems, leading special projects
Partner with HRIS, Supply Chain, and Finance to ensure all inbound, outbound, and core HRM systems are configured to be current and compliant with all federal, state, and local regulations as they perform all necessary timekeeping, pay, and taxation calculations and transactions
Qualification
Required
Bachelor's degree in Business, Accounting or related degree/equivalent experience
Five years of related experience including 3 years of experience in complex payroll operations/accounting/reporting with a technical emphasis on payroll and employment tax regulations in a multi-jurisdictional environment
Demonstrated knowledge of privacy laws and applicable benefits and payroll regulations
Experience solving complex technical issues and facilitating teams toward solutions
Advanced skills/experience in Microsoft Office applications including Word and Excel
Experience should include HR, pay, benefits or other shared service functions, project management, payroll systems, including time and labor administration
Ability to manage multiple priorities, deliver a high level of accuracy and possess excellent time management skills
Ability to effectively communicate with customers including executives, and demonstrate strong relationship building skills
Customer focused, produces timely and accurate results
Preferred
CPP certification is preferred
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
Tim Peterson
CIO/CTO
Recent News
Renewable Energy Magazine
2026-02-06
2026-02-05
Company data provided by crunchbase