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Financial Analyst II

Job in Minneapolis, Hennepin County, Minnesota, 55400, USA
Listing for: Xcel Energy
Full Time position
Listed on 2026-05-26
Job specializations:
  • Finance & Banking
    Financial Analyst, Financial Reporting
Salary/Wage Range or Industry Benchmark: 64100 - 90967 USD Yearly USD 64100.00 90967.00 YEAR
Job Description & How to Apply Below

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.

Financial Analyst II Position Summary

Perform the tracking, reporting and analysis of financial information, including financial reporting, budget and forecast creation, and variance analysis. Calculate and deposit payroll taxes with the IRS and various state agencies and file various monthly, quarterly, and annual payroll tax forms. Perform general accounting processes to ensure accurate and timely accounting close including journal entries, financial analysis, and reconciliation of accounting ledgers.

Essential

Responsibilities
  • Collect and analyze financial data in order to perform some or all of the following processes: budget development, variance reporting for supported areas, and preparing internal and external reporting packages. Analyze financial data to identify adverse trends and recommend solutions to mitigate financial impact.
  • Assist with financial analysis and support the budget managers 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.
  • Assist with building rate case information as required to support submission. Assist in pulling together data for regulatory support for any other requests or associated schedules.
  • Assist with special projects as assigned.
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 skills in analysis, problem solving, customer service, and relationship building desired.

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

The anticipated starting base pay for this position is: $64,100.00 to $90,967.00 per year

This 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.

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