Financial Analyst
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.
Position Summary
Responsible for analyzing financial results related to trading and other market activities conducted inside various electricity market pools. Compiles and analyzes settlement and operational data to ensure that the company is being properly compensated and / or paid for their activities. Responsible for the development of profitability reports by market pool and for serving as a liaison between settlements, accounting, the front office and regulatory groups.
Essential Responsibilities
- Analyze settlement and operational data on a recurring basis to ensure payments made or received are appropriately calculated according to market rules and operational results. Assist the ISO / RTO Settlement and Transmission Accountants in researching settlement discrepancies and in the development of tools to identify such discrepancies. Work closely with the front office and acquire the appropriate operational data with which to analyze settlement results. File market disputes where appropriate.
- Serve as a representative for the back office when entering into new markets. Work with other areas of Commercial Accounting as well as the Regulatory groups to ensure that the accounting for new market activities is in compliance with regulatory and financial reporting requirements. Assist in the set up of new procedures for settlements and interface with the applicable accountants to ensure that they receive the proper information for accounting and reporting purposes.
- Develop and distribute financial reports which analyze market activities, including transmission, and provide a narrative analysis of the results.
- Assist in the month end accounting close process through the review of journal entries and the review of financial results to ensure that the books and records of the company are correct.
- Other duties as assigned.
Minimum Requirements
Bachelor's Degree in Finance, Accounting or other relevant area of study or a combination of education and experience providing equivalent knowledge.At least six years of relevant experience with three or more years in an analytical role with the demonstrated ability to problem solve and interpret operational data and its impact on financial results.Utility / electric industry experience highly preferred with an understanding of the generation of electricity.Preferred
Experience with AlteryxExperience with SQLExperience working with large data setsExperience with Power BI and Data BricksAs 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.