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Xcel Energy Utility Accounting Intern Job in Minneapolis, Minnesota

Location(s): MN - Minneapolis

Is it time to see how all those college courses translate to the real world? Are you ready to work alongside experienced professionals on real projects and issues? An internship at Xcel Energy will give you practical experience in the energy industry at a company that’s committed to excellence, safety and environmental stewardship.

During COVID-19 Pandemic this position may require the ability to temporarily work remote within the company service territory until company protocol dictates return to the office criteria has been met. Once approved to return to the office, the work location is our office in downtown Minneapolis, MN or Denver, Colorado. Eligible candidates must be live within the Minneapolis, MN to be considered. Candidates must be able to commute to the worksite wihtin a reasonable amount of time (an hour or less).

Once approved to return to the office, the work location will be at 401 Nicollet Mall, Minneapolis, MN 55401.

The intern is expected to work full-time in the summer (40 hours/week) with the possibility to extend the internship into the fall working part-time (8-15 hours/week) during the school year.

Capital Asset Accounting

Xcel Energy is a regulated utility with over $40 billion invested in assets. The Capital Asset Accounting department provides accounting expertise, oversight, and assistance to all parts of the company. This unique opportunity will provide you with experience in accounting, as well as, regulated business. This role supports Xcel’s 4 operating companies, which covers 8 states. We have a large department and provide a dynamic role to the right candidate.

The successful candidate will work with accounting staff to complete various accounting and/or project-based processes. Specific tasks will be related to various areas within Capital Asset Accounting. Typical intern responsibilities could include but are not limited to:

  • Book Depreciation

  • Deferred Taxes

  • Tax Depreciation

  • Asset Analysis

  • Rate Case data preparation

  • Monthly close process

  • Learning to use various accounting systems

  • Assisting with SOX Control reporting

  • Assisting with updates, data maintenance, and analysis

  • Answering information requests for various rate cases.

Please include your unofficial transcript in your application

Minimum Requirements

  • A sophomore or above as of Spring 2021

  • Currently enrolled in a two-year or four-year college or university pursuing a degree in Accounting, Business Administration, Finance, or Management Information Systems

  • Minimum 3.0 GPA

  • Ability to work 40 hours per week during the summer

  • Must be within commuting distance of Minneapolis, MN

  • Submit an official or unoffical transcript with your application

  • Ability to communicate effectively; both written and verbally

  • Proficiency with Microsoft Office (Word, Excel, SharePoint, and Outlook)


  • Candidates that have completed 2 years of undergraduate coursework

  • Candidates pursuing a dual degree in Accounting and Management Information Systems

  • Completion of intermediate Accounting and/or Auditing classes

  • Candidates looking to pursue a CPA or CIA accreditation

  • Ability to work part time (8 hours minimum) during the academic year

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 || MN - Minneapolis || United States (US) || CFO Organization || 29400:Transmission Accounting || Full-Time || Non-Bargaining ||

The anticipated starting base pay for this position is: $17.40 - $20.40 per hour

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Requisition Number: 29996

Equal Opportunity Employer: Minority/Female/Disability/Veteran

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