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Xcel Energy
Minneapolis, Minnesota, United States
Manager, Business Area Finance
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
Manager, Business Area Finance
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
Description
- Minneapolis, Minnesota, 55401, United States of America
- Denver, Colorado, 80205
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.
Manager, Business Area Finance
Position Summary
Manage budgeting, forecasting, and analysis activities for assigned business area(s). Oversee development of business area budget and forecasts. Ensure that business plans and budgets support achievement of jurisdictional earnings targets. Support business plan, financial performance indicators and business area financial priority development. Develop, manage and oversee implementation of best practices in forecasting, budgeting and variance analysis to support internal and external reporting and enhance the profitability of each Operating Company. Provide strategic guidance and direction to business area leadership to improve the overall financial effectiveness of business area.
Essential Responsibilities
- Manage budgeting, forecasting and variance analysis required to achieve financial objectives. Manage business area's capital expenditures and plant closing or project in-service dates for forecasting purposes, with a focus on regulatory recovery optimization. Oversee development, refinement and oversight of forecasting and budgeting policies, procedures and standards. Manage and direct business area finance activities to ensure timely and accurate transactions.
- Identify and develop business area strategies related to revenue and costs. Team with business area leadership to develop action plans to address identified deficiency/sufficiency. Directs the strategic planning activities relating to business area budgeting and accounting.
- Responsible for providing analysis and tracking of O&M budget, capital budget, forecasts, non-utility, and financial data for business area leadership. Manage, direct and coordinate the development and refinement of funding requests during the annual budget process. Responsible for business area budgeting and forecasting processes. Team with business area leadership to guide effective achievement of financial goals.
- Attract, recruit and retain a highly trained and motivated staff. Establish and communicate clear performance expectations.
- Represent finance and budgets at business area and corporate levels to ensure business area and corporate strategies and policies are aligned.
- Provide education and support to business area related to budgeting and financial issues.
Minimum Requirements
- Degree in Finance, Accounting, business or equivalent.
- Minimum 5 years experience in various job-related areas including budgeting, financial analysis, accounting, forecasting and business planning.
- Advanced knowledge as demonstrated by MBA, CFA, CPA, or industry recognition is desired.
- Oral and written communication skills are critical.
- Supervisory experience preferred.
- Demonstrated ability to motivate others and promote a team environment.
- Willingness to travel occasionally.
As 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 ...@xcelenergy.com .
Non-Bargaining
The anticipated starting base pay for this position is: $112,200.00 to $159,400.00 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: 04/26/26
EEO is the Law | EEO is the Law Supplement | Pay Transparency Nondiscrimination | Equal Opportunity Policy (PDF) | Employee Rights (PDF)
All Xcel Energy employees and contractors share responsibility for protecting the company's information and systems by adhering to cybersecurity policies, standards, and best practices, recognizing that cybersecurity is everyone's responsibility.
ACCESSIBILITY STATEMENT
Xcel Energy endeavors to make accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact Xcel Energy Talent Acquisition at ...@xcelenergy.com. This contact information is for accommodation requests only and cannot be used to inquire about the status of applications.
Job ID: ba5122c0-4b877d6b293d16f9063442646b0d23be
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Median Salary
Net Salary per month
$4,422
Cost of Living Index
73/100
73
Median Apartment Rent in City Center
(1-3 Bedroom)
$1,751
-
$2,774
$2,263
Safety Index
44/100
44
Utilities
Basic
(Electricity, heating, cooling, water, garbage for 915 sq ft apartment)
$114
-
$200
$162
High-Speed Internet
$40
-
$100
$69
Transportation
Gasoline
(1 gallon)
$3.14
Taxi Ride
(1 mile)
$2.75
Data is collected and updated regularly using reputable sources, including corporate websites and governmental reporting institutions.
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