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Accounting Analyst I/II

Xcel Energy Inc, Minneapolis, MN, United States


Accounting Analyst I
Position Summary

Assists with performing 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

Assist with collecting and analyzing financial data to perform reconciliation and variance reporting, reconcile assigned accounts, prepare ledger entries, internal and external reports, settle inter‑company receivables and payables, prepare property valuations, identify and resolve data issues, and recommend solutions to mitigate financial impact.

Participate in and support accurate month‑end, quarter‑end and year‑end accounting close cycles along with the development of financial statements and required reporting forms.

Provide timely assistance to clients, including account code explanations, financial reports, project status reports, and guidance about accounting policies; prepare presentations and reports for management and outside parties.

Actively participate in or support special projects such as system upgrades, rate case support, and ad‑hoc reporting initiatives.

Stay current with new or proposed local, state, federal rules and regulations, and internal and external financial reporting requirements.

Minimum Requirements

Bachelor’s degree in accounting, related business degree, or an equivalent amount of education, training and experience.

Completion of an accounting internship preferred.

Ability and desire to obtain CPA or CMA.

Demonstrated skills with Microsoft Office applications.

Ability to learn and apply GAAP.

Demonstrated customer service and interpersonal skills.

Demonstrated analytical skills.

Preferred Qualifications

Advanced Microsoft Excel knowledge/skills preferred.

Salary

Estimated starting salary for the Accounting Analyst I: $58,700 – $79,766.66.

Accounting Analyst II
Position Summary

Performs 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 along with the development of financial statements and required reporting forms.

Collect and analyze financial data to perform reconciliation, ledger entry preparation, report generation, settlement of inter‑company receivables and payables, property valuation, and identify and resolve moderate to complex issues.

Participate in and support special projects such as system upgrades, rate case support, financial analysis and special reporting initiatives.

Provide timely assistance to clients, including account code interpretation, reports, guidance on accounting policies, and prepare presentations and reports for management and outside parties; may train other analysts.

Stay current with new or proposed rules and regulations, and apply GAAP principles, practices, rules, processes and company policies 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, business and legal principles, and analytical and communication skills.

Preferred Qualifications

Advanced Microsoft Excel knowledge/skills preferred.

Salary

Estimated starting salary for the Accounting Analyst II: $64,100 – $90,966.66.

Benefits
Non‑Bargaining: The anticipated starting base pay for this position is: $58,700.00 to $90,966.66 per year.

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

EEO Statement
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.

Accessibility Statement
Xcel Energy endeavors to make https://www.xcelenergy.com/ accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact Xcel Energy Talent Acquisition at recruiting@xcelenergy.com. This contact information is for accommodation requests only and cannot be used to inquire about the status of applications.

Additional Information
All Xcel Energy employees and contractors share responsibility for protecting the company's information and systems by adhering to cybersecurity policies, standards, and best practices, recognizing that cybersecurity is everyone's responsibility.

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