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About this Career Ignite! Program - Financial Analyst I role at Xcel Energy

Xcel Energy · Hybrid · Minneapolis, MN, 55401

Xcel Energy (NASDAQ: XEL) is a leading energy provider and Fortune 500 company, dedicated to serving millions of electricity and natural gas customers across eight states: Minnesota, Colorado, Wisconsin, Michigan, North Dakota, South Dakota, New Mexico and Texas. We make energy work better for our customers, 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.

 

Career Ignite! Program - Financial Analyst I

Position Summary

Assists with the development, tracking, reporting and analysis of financial information, including financial reporting, budget and forecast creation, and variance analysis.

Essential Responsibilities

  • Assist with collecting and analyzing financial data in order to perform some or all of the following processes: budget development, variance reporting for supported areas, preparing internal and external reports, and identifying data issues. Analyze financial data to identify adverse trends and recommend solutions to mitigate financial impact.

  • Applies knowledge of financial rules and concepts and company policies and procedures to resolve commonly occurring issues.

  • Assist with financial analysis and support to the team for the annual budget process, as well as support for current year and five year forecasting.

  • Provide timely and accurate assistance to clients within supported business area, including but not limited to interpretation of account codes or financial reports, providing project status reports, and work order resolution.

  • Participate in or support special projects as assigned.


Minimum Requirements

  • Bachelor's degree in Accounting, Finance, or related business degree or a combination of equivalent education and experience.

  • Completion of finance or accounting internship preferred.

  • 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.

Preferred

  • Experience in a regulated industry preferred

  • Preference is given to current 2026 CFO Interns

 

Our culture is grounded in shared values and employee commitments that guide how we work, support one another, and grow together.


Our Values

Connected, Committed, Trustworthy, Safe


Our Employee Commitments

  • Work that makes a difference
  • A team you can count of
  • Opportunities to grow
  • Rewards that help you thrive

 

Xcel Energy provides job applicants reasonable accommodations for disabilities throughout the application process. If you are in need of an accommodation to complete the application process, now or at any time in the future, please complete the Applicant Accommodation Request Form. 


Non-Bargaining

 

The anticipated starting base pay for this position is: $58,700.00 to $79,676.00 per year

 

This position is eligible for the following benefits: Annual Incentive Program, Medical/Pharmacy Plan, Dental, Vision, Life Insurance, Dependent Care Flexible Spending Account, Health Care Flexible Spending 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: 10/14/26

 

EEO is the Law (PDF) | Equal Opportunity Statement (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 https://www.xcelenergy.com and https://jobs.xcelenergy.com accessible to any and all users. If you are in need of an accommodation to complete the application process, now or at any time in the future, please complete the Applicant Accommodation Request Form. For any other application related questions, including application follow-ups or technical issues, please use our Recruiting Assistance, Electra, for assistance. Electra can be found in the lower right-hand corner of our Xcel Energy Careers site.

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How this Financial Analyst salary compares

This role pays $69,188/yr — below the typical range for Financial Analyst roles.

$66,132 median $96,375 $138,000

Typical range $80,000–$116,400/yr, from 1,125 comparable Financial Analyst listings on JobsRadar (pay annualized to USD). See Financial Analyst salary insights →

About Xcel Energy

You. Us. Together. At Xcel Energy, we’re more than an energy company. We’re reinventing how we power communities. Redefining how we care for customers. Reaffirming our commitment to the planet. We’re committed to leading with equity and inclusion. You’re not waiting for change – you’re creating it. You’re driven to protect the environment, support your community, and seek innovation. You want a career that grows with you and an employer who values you. You are reliable, trustworthy and bring integrity to everything you do. We are leading the way in clean energy. We’re using technology and innovation in every facet of our company. We’re providing safe, stable jobs with robust benefits. We kee

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