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Xcel Energy Financial Analyst II Job in Minnesota

Job Grade: O

Hierarchy: No - We can only hire at the posted level

Union Position: Non-Bargaining

Position Summary

Perform the tracking, reporting and analysis of financial information, including financial reporting, budget and forecast creation, and variance analysis.

Essential Responsibilities

  • Collect and analyze financial data in order to perform some or all of the following processes: budget development, variance reporting for supported areas, and preparing internal and external reporting packages. Analyze financial data to identify adverse trends and recommend solutions to mitigate financial impact.

  • Assist with financial analysis and support the budget managers for the annual budget process, as well as modeling, analysis and financial support for current year and five year forecasting.

  • Document key processes of areas assigned to ensure consistency and compliance with legal and regulatory requirements.

  • Assist with building rate case information as required to support submission. Assist in pulling together data for regulatory support for any other requests or associated schedules.

  • Assist with special projects as assigned.

Minimum Requirements

  • Bachelor's degree in Accounting, Finance, or related business degree or a combination of equivalent education and experience.

  • CPA, CMA or MBA preferred. Minimum 2 years experience in general financial accounting or analysis.

  • Intermediate skills with Microsoft Office applications required.

  • Ability to communicate effectively in writing and verbally.

  • Demonstrated skills in analysis, problem solving, customer service, and relationship building desired.

Xcel Energy is committed to the safety of its employees and customers, and promotes a Safety Always culture. Because of this, we strongly encourage all employees to be fully vaccinated against COVID-19; however, vaccination is not mandatory. After being hired, you will asked to report your vaccination status and dates of vaccination. This information will be maintained confidentially and disclosed only on a need-to-know basis. If you are not fully vaccinated or choose not to disclose your vaccination status you will be required to follow any health-and-safety rules applicable to unvaccinated employees.

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; CO - Denver || United States (US) || CFO Organization || 75010:Transmission Finance || Full-Time || Non-Bargaining ||

The anticipated starting base pay for this position is: $58,000 to $82,666 per year

This position may also be eligible for the following benefits and/or pay components: Pay - 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, Personal holidays, Volunteer Paid Time Off (VPTO) (full-time employees only), Parental Leave

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Requisition Number: 44142

All qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

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