
Leading company in the energy industry
Sr Accounting Analyst at Xcel Energy
About the role
Are you looking for an exciting job where you can put your skills and talents to work at a company you can feel proud to be a part of? Do you want a workplace that will challenge you and offer you opportunities to learn and grow? A position at Xcel Energy could be just what you’re looking for.
Sr Accounting Analyst 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. May assume a lead role, responsible for the accurate and timely analysis and reporting of various business cycles.
- Collect and analyze a variety of complex financial data in order to perform some or all of the following accounting processes: reconcile assigned accounts, analyze financial data and prepare complex accounting ledger entries, prepare reports, settle inter-company receivables and payables, and prepare property valuations. Select methods and techniques to analyze financial data to identify adverse trends and recommend solutions to mitigate financial impact.
- Participate in or lead special projects as assigned. Projects may include, but are not limited to testing system upgrades or enhancements, rate case support, conducting financial analysis and developing ad hoc reports and process improvement initiatives.
- Provide timely and accurate assistance and consultation to clients within supported business area, including, but not limited to interpretation of account codes or financial reports, providing project status reports, and work order resolution. Prepare presentations, statistical reports, schedules and other information on operating results for management and outside parties. Consult with co-workers, clients and management on technical accounting or system-related matters.
- Stay current with new or proposed local, state, federal rules and regulations and internal and external financial reporting requirements. Uses broad understanding of accounting and GAAP practices to resolve a wide range of complex issues in creative ways.
- May provide work direction and training to other analysts.
- May be responsible for approval of some invoices as required.
Minimum Requirements
- Bachelor's degree in Accounting, Finance or related business degree or an equivalent combination of education, training, and experience.
- CPA or CMA certification preferred and may be required for some positions.
- Minimum four years general financial accounting and reporting experience, with an emphasis on complex accounting issues, processes and multiple company accounting.
- Intermediate to advanced skills with Microsoft Office applications.
- Demonstrated knowledge of and ability to apply GAAP.
- Demonstrated knowledge of business and legal principles, analytical and communication skills.
- Knowledge of and experience working with SAP highly desirable.
Preferred Requirements
- Demonstrated experience working with PowerBI, and other various automation tools
- Data Bricks experience and/or knowledge in a Finance/Accounting role.
- Experience with Process Improvement automation
- Experience working with Lean methodologies and concepts.
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.
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 recruiting@xcelenergy.com.
Non-Bargaining
The anticipated starting base pay for this position is: $73,700.00 to $104,633.00 per year
This position is eligible for the following benefits: 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
Benefit plans are subject to change and Xcel Energy has the right to end, suspend, or amend any of its plans, at any time, in whole or in part.
In any materials you submit, you may redact or remove age-identifying information including but not limited to dates of school attendance and graduation. You will not be penalized for redacting or removing this information.
Deadline to Apply: 06/07/26
EEO is the Law | EEO is the Law Supplement | Pay Transparency Nondiscrimination | Equal Opportunity Policy (PDF) | Employee Rights (PDF)
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.
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.
Required skills
General accounting
Account reconciliation
Financial reporting
Ledger analysis
Month-end close
Regulatory reporting
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About Xcel Energy

Xcel Energy
PublicXcel Energy Inc. is a U.S. regulated electric utility and natural gas delivery company based in Minneapolis, Minnesota, serving approximately 3.9 million electricity customers and 2.2 million natural gas customers across parts of eight states as of mid-2025.
10,001+
Employees
Minneapolis
Headquarters
$18.5B
Valuation
Reviews
10 reviews
3.6
10 reviews
Work-life balance
4.2
Compensation
3.5
Culture
4.0
Career
2.8
Management
3.2
68%
Recommend to a friend
Pros
Good work-life balance
Excellent benefits and health programs
Supportive management and team collaboration
Cons
Limited career advancement opportunities
Non-competitive salary
Overwhelming workload and inconsistent work distribution
Salary Ranges
183 data points
Junior/L3
Mid/L4
Junior/L3 · VALUATION ANALYST
2 reports
$108,675
total per year
Base
$94,500
Stock
-
Bonus
-
$108,675
$108,675
Interview experience
2 interviews
Difficulty
2.5
/ 5
Duration
14-28 weeks
Offer rate
100%
Experience
Positive 50%
Neutral 50%
Negative 0%
Interview process
1
Application Review
2
HR Screen
3
Hiring Manager Interview
4
Panel Interview
5
Offer
Common questions
Behavioral/STAR
Past Experience
Technical Knowledge
Culture Fit
Latest updates
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