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Xcel Energy General Accounting Manager - HomeSmart Job in Minneapolis, Minnesota

Location(s): CO - Denver; MN - Minneapolis

Are you ready to take your leadership potential to the next level with a growing Fortune 500 company? Xcel Energy is at the leading edge of an industry that is changing quickly. We’re seeking dynamic, proven leaders to help guide us into this exciting energy future. If you’re looking to lead at a company that is committed to excellence, safety and environmental stewardship, with plenty of room to grow, consider a position at Xcel Energy.

HomeSmart is a one-stop resource for the repair, replacement and maintenance of major appliances and systems in your home - and it is expanding! Be a part of a growth company inside one of the most innovative utilities in the nation.

Position Summary

Provide overall management and direction in the areas of accounting and financial reporting (internal and external), with primary focus on internal accounting operations. Provide leadership in the interpretation of accounting information from the Natural Chart of Accounts to the Federal Energy Regulatory Commissions’ Uniform System of Accounts. Lead Company personnel in understanding and complying with the processes, which facilitate the achievement of company financial goals and objectives.

Essential Responsibilities

  • Ensure the timely and accurate accounting close each month using the General Ledger system and confirming appropriate pass-through to the regulatory ledger. Oversee development, refinement, and oversight of accounting policies, procedures and standards.

  • Provide proactive analysis and support to Operations and Finance. Develop and maintain relationships with Operations and Finance.

  • Assist and direct staff in preparation of various mandatory external financial reports of the Company to FERC, state regulators and shareholders and others. Ensure compliance with various reporting and accounting requirements for such reports. Provide support to external auditors as necessary.

  • Provide education, training, and support to business area related to accounting policies. Ensure pertinent accounting policies and procedures are implemented and applied. Coordinate the implementation of new accounting requirements.

  • Development and maintenance of standard recurring journal entries. Prepare and review month-end account reconciliations accurately and timely.

  • Attract, recruit, and retain highly trained and motivated staff. Establish and communicate clear performance expectations.

  • Maintain documentation and perform testing of Sarbanes Oxley controls. Coordinate internal and external audit activities.

Minimum Requirements

  • Bachelor’s degree in accounting, finance, or equivalent.

  • MBA and/or CPA preferred.

  • Minimum five years of experience in various job-related areas such as accounting, financial analysis, reporting, budgeting, and business and strategic planning.

  • Demonstrated knowledge of generally accepted accounting principles (GAAP) and FERC regulatory accounting requirements.

  • This position requires the ability to effectively use computer financial systems, Microsoft Office Suite, demonstrated planning, analytical, problem solving skills and ability to work extended hours.

  • Oral and written communication skills are critical.

  • Supervisory experience is preferred.

  • Demonstrated ability to motivate others and promote a team environment.

This position requires a behavioral assessment prior to being considered for an interview.

As a leading combination electricity and natural gas energy company, Xcel Energy offers a comprehensive portfolio of energy-related products and services to 3.4 million electricity and 1.9 million natural gas customers across eight Western and Midwestern states. At Xcel Energy, we strive to be the preferred and trusted provider of the energy our customers need. If you’re ready to be a part of something big, we invite you to join our team.

Posting Notes: MN - Minneapolis || CO - Denver; MN - Minneapolis || United States (US) || CFO Organization || 70155:Controller || Full-Time || Non-Bargaining ||

Requisition Number: 22382

Equal Opportunity Employer: Minority/Female/Disability/Veteran

Individuals with a disability who need an accommodation to apply please contact us at