Sr Tax Analyst or Tax Analyst II

Xcel Energy(NASDAQ:XEL) is a leading energy provide rand Fortune 500company,dedicated toserving millions of electricity andnaturalgascustomersacross eight states:

Minnesota, Colorado, Wisconsin, Michigan, North Dakota, South Dakota,New Mexicoand Texas.

We make energy work better forourcustomers, 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.

T his position may be filled at either the Tax Analyst II or Sr Income Tax Analyst level, depending on the selected candidate’s background and years of experience.

Tax Analyst II ($64,100-$90,967)

To assist in the areas of filing the corporate federal and state income tax returns and extensions and the computation of estimated tax payments and tax accruals.

• Participates in the preparation of all required federal consolidated and state income tax returns and claims for refund to ensure accurate and timely filing and minimization of tax liability.
• Participates in the determination of the monthly tax accruals and disclosures to ensure compliance with IRS, GAAP, Sarbanes Oxley and regulatory income tax accounting and public utility normalization requirements. The timeliness and accuracy of the monthly tax accrual is critical to the company's earnings determination process.
• Assists in implementing Company tax policies in order to maintain compliance with governmental regulatory agencies. Assist in the annual preparation of the Federal Energy Regulatory Commission Form 1 and Uniform Statistical Report.
• Performs other non-routine duties and assumes other responsibilities as apparent or as assigned.
• Keeps abreast of current changes in tax laws, regulations, and rulings by ongoing reading and research to accurately prepare federal and state income tax returns.

• Degree in business, finance or accounting or equivalent experience.
• Ability to effectively use Excel spreadsheets and word processing software.
• Demonstrated communication and relationship skills.
• Two years' experience in income tax compliance and accounting.
• Appropriate experience would include:
  Consolidated federal and unitary state tax return preparation, Estimated federal and state income tax payment calculations, Monthly tax accruals/financial statement presentation, Income tax research and analysis, with references to authoritative tax literature.

Sr Income Tax Analyst ($73,700-$104,633)

To assist at a higher level the Director or Manager, Income Tax Compliance & Accounting in the areas of filing the corporate federal and state income tax returns and extensions, the computation of estimated tax payments, and the computation and reporting of income tax accruals.

• Participates at a higher technical level in the determination of the monthly tax accruals to ensure compliance with IRS, GAAP, Sarbanes Oxley, and regulatory income tax accounting and public utility normalization requirements.
• Participates at a higher technical level in the preparation of all…