Mid Level Assistant Financial Analyst Jobs

INTRODUCTION

Xcel Energy (NASDAQ: XEL) is a leading energy provider and Fortune 500 company, dedicated to serving millions of electricity and natural gas customers across eight states: Minnesota, Colorado, Wisconsin, Michigan, North Dakota, South Dakota, New Mexico and Texas. We make energy work better for our customers, helping them thrive every day. That means always raising the bar - delivering better service and providing more reliable, resilient, and sustainable energy.

Xcel Energy is a place where you’ll have opportunities to grow, expand your skills, and help lead the clean energy transition. We offer meaningful rewards, recognition, and support to help you build your career and make an impact - both on the job and beyond. Most importantly, it means you’ll be joining a company that knows employees are the driving force behind its success and is committed to helping you be your best.

Xcel Energy supports a hybrid work model to enable collaboration and flexibility. Many roles are expected to work onsite three days per week (Tuesday–Thursday); however, work location expectations vary based on role, team, and business needs.

Position Summary

Perform and coordinate the development, tracking, reporting and analysis of financial information, including financial reporting, budget creation, and financial analysis for the Property Services organization. Provide proactive, clear, and actionable recommendations and alternatives to help drive business discussions and decisions. Standardize and document key processes and internal control points for data management and reporting functions.

Essential Responsibilities

• Assist in evaluating facility master plans and proposals to verify the need for budgetary requests using established guidelines. Scrutinize data and assumptions for reasonableness and push back when needed. Through collaboration with department leadership and the Corporate Finance department, oversee the development of 5-year financial plans and priorities lists. Review, approve, and process ongoing funding requests (including review of initial estimates, change orders, etc.).
• Lead month-end financial closing and reporting processes. Provide monthly actual versus budget variance analysis, support achievement of cost targets, and analyze and investigate opportunities for cost reductions within the capital and operating budgets. Partner with the Corporate Finance department to ensure financial reports are providing valuable insights. Assist with creation and implementation of additional reporting or dashboard views and work to continuously improve reporting solutions. Develop, report, and analyze Key Performance Indicators (KPI) and metrics to align with departmental and company initiatives.
• Analyze performance of projects and budgetary initiatives; evaluate results regarding schedule, costs, client relationships and quality with the goal of maintaining a consistent level of performance. Conduct quantitative and qualitative analyses, interviews, best practice research, and develop practical findings and recommendations for department leaders and decision-makers to improve budgetary outcomes. Manage relationships with suppliers and internal business partners to investigate and identify process issues and potential improvements. Provide performance monitoring of all Property Services contracts and contractors.
• Ensure that standard operational guidelines are updated and created where necessary and maintained in a structured format. Train and provide guidance to Property Services resources, key business partners and suppliers on systems, processes, and established policies and guidelines. Serve as SME for sourcing and procurement tools, budget databases, and SAP system.
• Participate in or lead special projects as assigned. Projects may include but are not limited to identification, implementation and testing of system upgrades or enhancements, rate case support, conducting informal financial analysis and developing ad hoc reports and process improvement initiatives.
• Oversee completion of data entry for SAP Purchase requests (PR), Change Orders (CO), OA extensions and other operational artifacts. Review, analyze, and troubleshoot invoice-, payment-, and tax-related issues by effectively working with suppliers and internal business partners. Provide guidance and support on these functions to business partners within the HR&ES division. Provide training and direction to junior analyst position on these functions.
• Other duties as assigned.

Minimum Requirements

• Bachelor's degree in business administration or related field, or equivalent combination of education and experience.
• Minimum 4 years related experience.
• Experience in budgeting and financial analysis.
• Experience in financial management or facilities management.
• SAP experience.
• Ability to work on multiple, complex projects and using effective time management with minimal levels of supervision.
• Must be customer focused, self-motivated, results and team oriented.
• Must be flexible and able to multi-task.
• Must have the ability to train others.

Our culture is grounded in shared values and employee commitments that guide how we work, support one another, and grow together.

Our Values

Connected, Committed, Trustworthy, Safe

Our Employee Commitments

• Work that makes a difference
• A team you can count of
• Opportunities to grow
• Rewards that help you thrive

Xcel Energy provides job applicants reasonable accommodations for disabilities throughout the application process. If you are in need of an accommodation to complete the application process, now or at any time in the future, please complete the Applicant Accommodation Request Form.

Non-Bargaining

The anticipated starting base pay for this position is: $73,700.00 to $110,000.00 per year

This position is eligible for the following benefits: Annual Incentive Program, Medical/Pharmacy Plan, Dental, Vision, Life Insurance, Dependent Care Flexible Spending Account, Health Care Flexible Spending 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: 11/28/26

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Accessibility Statement

Xcel Energy endeavors to make https://www.xcelenergy.com and https://jobs.xcelenergy.com accessible to any and all users. If you are in need of an accommodation to complete the application process, now or at any time in the future, please complete the Applicant Accommodation Request Form. For any other application related questions, including application follow-ups or technical issues, please use our Recruiting Assistance, Electra, for assistance. Electra can be found in the lower right-hand corner of our Xcel Energy Careers site.