Xcel Energy

IT Controller I / IT Controller II

Xcel Energy$84K — $138K *
Information Technology
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years' experience in IT-related business controls or processes (e.g., compliance, audit, financial accounting) for IT Controller I or 7+ years for IT Controller II.
  • Bachelor’s degree in technology, Science, Business or related field; 4 years' equivalent experience acceptable.
  • Strong analytical and organizational skills.
  • Demonstrated ability to communicate effectively across various organizational levels.
  • Experience driving consensus among diverse teams and stakeholders.

Responsibilities

  • Lead financial governance and compliance within IT portfolios.
  • Manage financial forecasting, accruals, and variance analysis processes.
  • Conduct trend analyses to identify risks and market opportunities.
  • Develop and support business cases and funding requests.
  • Mentor junior finance staff to enhance financial acumen across the team.

Benefits

  • Annual Incentive Program
  • Medical/Pharmacy Plan
  • Tuition reimbursement
  • 401(k) plan with pension
  • Paid time off (PTO) and Parental Leave
Full Job Description
Position Summary

The IT Controllers I & II provide financial leadership and governance across IT portfolios. These roles combine strategic oversight with operational accountability, ensuring compliance with corporate policy, GAAP, and regulatory requirements while delivering forward-looking insights to IT and Finance leadership. IT Controllers own end-to-end portfolio financials and remain focused on strategic impact, compliance, and leadership. IT Controllers act as both financial stewards and talent developers, ensuring high-quality reporting, effective controls, and strong decision support.

Essential Responsibilities:

  • Strategic & Governance - Lead portfolio-level financial governance and compliance with corporate, GAAP, and regulatory standards (e.g., FERC). Provide insights for investment prioritization, risk management, and long-term financial planning. Partner with senior IT and Finance leaders to align portfolio performance with enterprise objectives.    

  • Operational Finance-Manage forecasting, accruals, journal entries, and variance analysis. Approve and ensure timeliness, transparency, and accuracy of portfolio financials. Escalate financial risks and issues to senior leadership with recommendations.

  • Analytics & Advisory- Conduct trend and scenario analyses to identify risks and opportunities. Develop business cases, support funding requests, and provide decision-ready insights. Benchmark performance against peer utilities and Fortune 500 companies.    

  • Leadership & Mentoring- Mentor and coach Portfolio Coordinators and junior finance staff; build financial acumen across the team. Lead executive-level financial communications, ensuring clarity and consistency. Promote continuous improvement, talent development, and best practice adoption.  

Minimum Requirements (IT Controller I):

  • Minimum of 5 years' experience working operationally with information technology related business controls or processes (e.g. compliance; audit; supply chain; financial accounting; software asset management).

  • Bachelor’s degree in technology, Science, Business or related field, or 4 years of experience equivalent to the position.

  • Ability to articulate core business and technology processes and related trends.

  • Strong organizational and analytical skills are required.

  • Excellent problem-solving skills.

  • Demonstrated ability to drive consensus.

  • Strong communication skills, effective with varying organizational levels and skill sets.

  • Strong Relationship Management and collaboration skills, with a track record of working as one team cross-organizationally to drive innovation and business results.

Minimum Requirements (IT Controller II):

  • Minimum of 7 years' experience working operationally with information technology related business controls or processes (e.g. compliance; audit; supply chain; financial accounting; software asset management).

  • Bachelor’s degree in technology, Science, Business or related field, or 4 years of experience equivalent to the position.

  • Ability to articulate core business and technology processes and related trends.

  • Strong organizational and analytical skills are required.

  • Excellent problem-solving skills.

  • Demonstrated ability to drive consensus.

  • Strong communication skills, effective with varying organizational levels and skill sets.

  • Strong Relationship Management and collaboration skills, with a track record of working as one team cross-organizationally to drive innovation and business results.

Preferred Requirements

  • Financial planning and analysis experience.

Non-Bargaining

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

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: 07/26/26

About Xcel Energy

Xcel Energy Careers

Join the dynamic team at Xcel Energy, where innovation meets expertise in the pursuit of sustainable energy solutions. As a leading energy company, Xcel Energy offers unparalleled job opportunities that empower professionals to advance their careers while contributing to environmental stewardship.

Work You’ll Do

At Xcel Energy, you’ll collaborate with skilled professionals dedicated to pioneering advancements in the energy sector. Our team is at the forefront of developing sustainable energy technologies that revolutionize how people consume energy. By joining us, you will be part of a culture that values diversity, leadership, and professional growth.

Innovate and Lead

Step into a role where your skills will directly enhance our capabilities in delivering reliable and sustainable energy. Xcel Energy is a hub for innovation, where your ideas can lead to groundbreaking solutions that shape the future of energy. Our leadership is committed to fostering an environment where creativity and strategic thinking are at the core of our operations.

Career Development

Xcel Energy is deeply invested in the professional development of its team members. With a variety of career paths available, from engineering to customer service, your journey with us is filled with endless possibilities. We support your growth with robust training programs, leadership development opportunities, and diversity training that prepare you for success.

Join Our Team

Explore the numerous employment opportunities at Xcel Energy, from entry-level positions to senior roles. We are hiring individuals who are passionate about making a difference and ready to contribute their expertise to our mission of delivering safe, clean, and reliable energy.

Internship Programs

Kickstart your career with an internship at Xcel Energy. Our internships provide hands-on experience in real-world projects that matter. You’ll gain invaluable insights into the energy sector while developing essential skills that will enhance your resume and increase your marketability.

Benefits and Culture

Xcel Energy is not just about work; we care about our employees' well-being. We offer competitive benefits, including health care, retirement plans, and wellness programs, designed to keep you at your best. Our inclusive culture encourages collaboration and offers networking opportunities that foster connections and professional growth.

Stay Connected

Keep up to date with the latest at Xcel Energy: - **Search Xcel Energy Jobs**: Find positions that match your skills and interests. We look for driven, curious, and innovative team players. - **Read Careers Blog**: Stay ahead with career tips, insider perspectives, and industry-leading insights you can put to use today—all from the people who work here. - **Job Alert Emails**: Personalize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding opportunities that await at Xcel Energy. Join Xcel Energy today and be part of a team that is dedicated to building a sustainable future. Your career at Xcel Energy is not just a job; it’s an opportunity to excel in an environment that appreciates your contribution and supports your professional growth.
Learn more about Xcel Energy
Size
11,321 employees
Market Cap
$38.6 billion
Industry
Net Income
$1.4 billion
Founded
2000
5 Year Trend
+3.9%
Revenue
$11.5 billion
NASDAQ

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