Accounting Analyst II OR Sr Accounting Analyst at Xcel Energy in Minneapolis, MN

Job description

Xcel Energy (NASDAQ: XEL) is a leading energy provider and Fortune 500 company, dedicated to serving millions of electricity and natural gas customers across eight states: Minnesota, Colorado, Wisconsin, Michigan, North Dakota, South Dakota, New Mexico and Texas. We make energy work better for our customers, helping them thrive every day. That means always raising the bar - delivering better service and providing more reliable, resilient, and sustainable energy. Xcel Energy is a place where you’ll have opportunities to grow, expand your skills, and help lead the clean energy transition. We offer meaningful rewards, recognition, and support to help you build your career and make an impact - both on the job and beyond. Most importantly, it means you’ll be joining a company that knows employees are the driving force behind its success and is committed to helping you be your best. Xcel Energy supports a hybrid work model to enable collaboration and flexibility. Many roles are expected to work onsite three days per week (Tuesday–Thursday); however, work location expectations vary based on role, team, and business needs. Accounting Analyst II OR Sr Accounting Analyst Accounting Analyst II (Min $ 64,100 | Max $90,967) Position Summary Perform general accounting processes to ensure accurate and timely accounting close cycles and the development of subsequent internal and external financial statements and reports, including entries, analysis and reconciliation of accounting ledgers and other accounts and preparation of inter-company billings, property valuations, required regulatory reporting forms and tax filings. Essential 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. Collect and analyze financial data in order to perform some or all of the following accounting processes: reconcile assigned accounts, analyze financial data and prepare accounting ledger entries, prepare internal and external reports, settle inter-company receivables and payables, prepare property valuation. Identify and resolve moderate to complex issues. Analyze financial data to identify adverse trends and recommend solutions to mitigate financial impact. Participate in and support special projects as assigned. May include, but not limited to testing system upgrades or enhancements, rate case support, conducting financial analysis and developing special reports and process improvement initiatives. Provide timely and accurate assistance to clients within supported business area. Assistance includes, but is not limited to interpretation of account codes or financial reports, providing project status reports, and guidance about accounting policies. Prepare presentations, statistical reports, schedules and other information on operating results for management and outside parties. May train other analysts. Stay current with new or proposed local, state, federal rules and regulations and internal and external financial reporting requirements. Applies knowledge of accounting and GAAP principles, practices, rules, processes, operations and company policies and procedures to resolve a variety of issues. Minimum Requirements 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. CPA or CMA certification preferred. 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. ---------------------------------------------------------------- Sr Accounting Analyst (Min $ 73,700 | Max $104,633) Position Summary Perform general accounting processes to