Accounting Consultant OR Principal Technical Accounting Consultant

About the role

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

Makes recommendations to management on the optimal accounting treatment for new and complex transactions. Leads implementations of new accounting standards, performing research and developing and executing plans with the impacted business areas. Ensures adherence to accounting standards, as well as Company accounting and financial policies. Drives compliance with SEC, IRS and FERC regulations.

Possesses broad understanding of technical accounting and financial principles, including the accounting for rate regulated operations and income taxes. Assists in contractual and regulatory negotiations, including clarification of accounting and financial reporting consequences.

Possesses a thorough understanding of the business. Builds and maintains relationships across the Company’s various business areas. Frequently assigned to lead roles for unusual and complex assignments.

Essential Responsibilities

• Evaluates proposed transactions for accounting and tax implications, provides constructive analysis. Conducts research and develops strategies.
• Prepares filings, testimony and defense of company positions on legal and regulatory matters. May serve as a subject matter expertise or witness during proceedings.
• Involved in the training of co-workers, subordinates, and new employees. Expected to provide supervision or function as team lead within the department.
• Gains customer (internal and external) and executive management's confidence and builds relationships through results.
• Uses project management skills to lead complex projects including business close cycles, and successful implementation of problem resolutions and process improvements.
• Communicates financial results, impacts and actions required to business areas and executive management

Accounting Consultant

Minimum Requirements (Min $84,900 | Max $120,567)

• Bachelor's degree in Accounting required
• Minimum of 6 years’ experience in general financial accounting and reporting or tax experience. 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 6-year minimum.
• In depth knowledge of GAAP, SEC, FERC and various other regulatory or tax rules and principles.
• Advanced skills with Microsoft Office applications.
• Demonstrated ability to effectively communicate to a variety of audiences and analyze complex business scenarios.
• Experience with project roles essential.

Principal Technical Accounting Consultant

Minimum Requirements (Min $97,600 | Max $138,600)

• Bachelor's degree in Accounting required
• Minimum 8 years of general financial/accounting and reporting experience. 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 8-year minimum.
• In-depth knowledge of GAAP, SEC, FERC and various other regulatory rules.
• Ability to effectively communicate to a variety of audiences and analyze more complex business scenarios.
• Experience with leadership and project management.
• Demonstrated knowledge of and ability to use Microsoft Office applications.

Additional information

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

Our Employee Commitments

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

Non-Bargaining

The anticipated starting base pay for this position is: $84,900.00 to $138,600.00 per year

Benefits

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: 10/30/26

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 and 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.