Xcel Energy

Career Accelerator (Rotational)- Financial Analyst II or Senior Financial Analyst

Career Accelerator (Rotational)- Financial Analyst II or Senior Financial Analyst
Notice info
LocationMinneapolis, MN
Salary$75,000-$97,000
On-site
Utilities

About This Job

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.

This opportunity is for the May 2026 Career Accelerator Cohort and is posted as a hierarchy at the Financial Analyst II or Senior Financial Analyst level. Successful candidates will be hired at the level commensurate with their skills and experience.


Position Summary

This program helps participants strengthen four key competencies and enhance their professional skills by completing four six-month rotations in Accounting, Finance, Operations or Regulatory departments within the CFO organization.


Essential Responsibilities

- Collect and analyze financial data to perform some or all of the following accounting or finance processes: budget development, variance reporting, preparation of internal and external reporting packages, participate in and support accurate month-end, quarter-end, and year-end accounting close cycles, reconcile assigned accounts, prepare accounting ledger entries, settle inter-company receivables and payables, and prepare property valuation.

- Provide financial analysis and support to management 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. Provide proactive process improvement recommendations and assist in implementing solutions.

- Assist and/or prepare rate case information as required to support submission. Assist in performing regulatory support for requests or associated schedules.

- Participate in and support special projects as assigned.

- May provide work direction and training to other analysts.


Accounting/Financial Analyst II 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 knowledge of and ability to apply GAAP principles, skills in analysis, problem solving, customer service, and relationship building desired.


Senior Accounting/Financial Analyst Minimum Requirements

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

- Minimum of 4 years' experience in general financial accounting or analysis. Note: Candidates with a Master's Degree or certification such as CPA, CMA, CFA, etc. or investment banking or public accounting background may be granted years of experience to reach the 4-year minimum.

- Intermediate to advanced skills with Microsoft Office applications required.

- Ability to communicate effectively in writing and verbally.

- Demonstrated knowledge of and ability to apply GAAP principles, knowledge of business and legal principles, skills in analysis, problem solving, customer service, and relationship building desired.

- Knowledge of and experience working with SAP highly desirable.


Preferred:


- Individuals currently within the CFO organization

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-BargainingThe anticipated starting base pay for this position is: $75,000.00 to $97,000.00 per yearThis 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: 03/15/26

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.

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