Xcel Energy

Principal Financial Consultant, OpCo Finance

Xcel Energy$97K — $138K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Accounting, Finance, or related field; MBA, CPA, or CFA preferred.
  • 8+ years of experience in financial planning and analysis.
  • Strong knowledge of revenue requirements and their operational implications.
  • Proficient in Microsoft Office applications with advanced skills.
  • Experienced in financial modeling and analysis, financial process controls, and problem-solving.
  • Exceptional communication and presentation abilities.
  • Capable of independent work and team collaboration, interfacing across management levels.

Responsibilities

  • Deliver financial analysis and results for the OpCo, creating financial plans including forecasts and budgets.
  • Recommend short and long-term financial plans and cost recovery strategies.
  • Oversee tracking and reporting for OpCo rider and incentive mechanisms.
  • Collaborate on regulatory filings and assess financial data accuracy and compliance.
  • Lead complex projects focused on financial evaluations and process improvements.
  • Build and maintain strong relationships with key stakeholders for effective data sharing.

Benefits

  • Annual Incentive Program
  • Comprehensive Medical/Pharmacy Plan
  • Dental and Vision Insurance
  • Life Insurance coverage
  • Flexible spending accounts for healthcare and dependent care
  • Short-term and long-term disability benefits
  • Generous Paid Time Off policy including holidays and parental leave.
Full Job Description
Principal Financial Consultant, OpCo Finance

Position Summary:

Involved in all aspects of financial analysis for the Operating Company (OpCo) focused on the development and execution of long-term financial strategies. Perform independently, and provide financial analysis on budget, forecast, and prior year to drive results. Notably, on the effectiveness of cost recovery strategies through rate cases and other regulatory filings. Prepare presentations for Senior Leadership and be able to communicate results effectively. Develop relationships with key internal and external stakeholders to drive financial results.

Essential Responsibilities:
  • Serve as the financial analyst of the OpCo to deliver financial results. Develop financial plans for the OpCo, including forecast and budget inputs to the corporate financial model. Provide analysis of actual results to forecasted and budgeted O&M, capital, and other financial drivers. Partner with Corporate Finance, OpCo and Business Area leadership to drive results.
  • Recommend financial plans and cost recovery strategies over the short and long term to deliver financial results. Ensure strategies support corporate short and long-term plans.
  • Oversee and manage the tracking and reporting for OpCo rider and performance incentive mechanisms.
  • Partner with Leadership on OpCo regulatory filings, with focus on the financial aspects including review of testimony, data request responses, and participation in settlement negotiations. Review the accuracy of financial filings.
  • Lead complex projects and financial evaluations. Implements process improvements and business solutions.
  • Develop and maintain relationships with internal and external stakeholders to ensure timely and effective data sharing.


Minimum Requirements:
  • Bachelor's degree with a concentration in Accounting, Finance or related discipline. MBA, CPA, or CFA preferred.
  • Eight or more years' experience in general financial planning and analysis.
  • Strong understanding of revenue requirements including their business and operational implications.
  • Advanced skills with Microsoft Office applications.
  • Demonstrated skills in analysis, financial and economic modeling, financial process controls and problem solving.
  • Strong communication and presentation skills.
  • Ability to work independently and as a member of a team and to interface with all levels of management.


Non-Bargaining

The anticipated starting base pay for this position is: $97,600.00 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: 09/06/26

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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