Accounting Analyst I or II Job

Accounting Analyst I or II Job

Location(s): CO - Denver

Are you looking for an exciting job where you can put your skills, talents and education 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 professional position at Xcel Energy could be just what you're looking for.

This position is responsible for NSP Commercial Accounting settlement and accounting activities. Primary responsibilities include reconciliation and payment of invoices for Purchase Power and Physical Gas settlements along with ensuring compliance to contracts and resolving associated disputes. Knowledge of settlement related systems such as CXL, REC Tracker and Aligne is highly desirable. There are month end close responsibilities requiring preparation of journal entries and use of SAP. This position works closely with the Purchase Power and Gas Supply departments. This position is also the primary point of contact for representatives from external counterparties.

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 in order to perform some or all of the following accounting processes: reconciliation and variance reporting for assigned areas, reconcile assigned accounts, analyze financial data and prepare accounting ledger entries, prepare internal and external reports, settle inter-company receivables and payables, prepare property valuations. Identify and resolve data issues. Analyze financial data to identify adverse trends and recommend solutions to mitigate financial impact.
• Participate in and support accurate month-end, quarter-end and year-end accounting close cycles and development of internal and external financial statements, required regulatory reporting forms and tax filings.
• Provide timely and accurate assistance to clients within supported business area. Assistance includes, but is not limited to explanation of account codes or financial reports, providing project status reports, and guidance about accounting policies. Prepare presentations, statistical reports, schedules and other information on operating results for management and outside parties.
• Actively participate in or support special projects as assigned. Projects may include, but are not limited to testing system upgrades or enhancements, rate case support, and developing ad hoc reports and process improvement initiatives.
• Stay current with new or proposed local, state, federal rules and regulations, and internal and external financial reporting requirements. Uses professional concepts, rules, procedures, company policies and procedures to resolve commonly occurring issues.

Minimum Requirements (Analyst I)

• Bachelor's degree in Accounting or 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.

Minimum Requirements (Analyst II)

• 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, knowledge of business and legal principles, and analytical and communication skills.

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: CO - Denver || CO - Denver || United States (US) || CFO Organization || 29124:NSP Commercial Accounting || Full-Time || Non-Bargaining ||

The anticipated starting base pay for this position is: $47,600 to $77,799 per year

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Requisition Number: 29524

Equal Opportunity Employer: Minority/Female/Disability/Veteran

Individuals with a disability who need an accommodation to apply please contact us at recruiting@xcelenergy.com

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ACCESSIBILITY STATEMENT
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