Financial Analyst

Job Title: Financial Analyst (Project Portfolio Support)

Location: Denver or Minneapolis / Roseville (Hybrid: 2–3 days onsite)
Position Type: Contract (12 months, strong likelihood of extension)
Work Schedule: Full-time | Core hours: 9:00 AM – 3:30 PM (flexible start/end)

Position Summary

The Financial Analyst supports a portfolio of projects within Xcel Energy’s Technology Services organization. This role acts as a key liaison between project teams and multiple accounting functions, including capital asset accounting, business area finance, and corporate accounting.

The analyst is responsible for financial tracking, accruals, reporting, and ensuring compliance within a regulated environment. This is a highly collaborative role that partners closely with Project Managers (PMs), Portfolio Coordinators, and finance teams to support accurate financial management of ongoing projects.

Key Responsibilities

• Perform financial analysis across a portfolio of capital and technology projects

• Manage accrual-based accounting and support month-end close activities

• Pull and reconcile actuals vs. forecasts for project financials

• Prepare and validate “as-built” financials for completed project work

• Partner with Project Managers to provide financial insights and support decision-making

• Act as liaison between project teams and accounting groups (capital, corporate, business finance)

• Ensure compliance with financial controls and regulatory requirements

• Support financial tracking related to software and hardware project spend

• Assist with reporting, documentation, and financial data validation

• Manage multiple priorities across a high-volume project portfolio

Typical Work Environment

• Supports a team of approximately 10 Portfolio Coordinators

• Works closely with Project Managers, Controllers, and Corporate Accounting teams

• Internal-facing role with a highly collaborative team culture

• Office-based environment (no field work or safety risks)

Required Qualifications

• 3–5 years of experience in financial analysis, accounting, or project finance

• Strong understanding of accrual accounting and month-end processes

• Experience working in a regulated industry (e.g., utilities, banking, government)

• Proficiency in:

  • SAP

  • Microsoft Excel (pivot tables, VLOOKUP)

  • SharePoint

• Ability to manage multiple priorities and deadlines across a portfolio

Preferred Qualifications

• Experience supporting project-based financials or capital projects

• Familiarity with tools such as ServiceNow or PowerPlan

• Background in technology or IT financial support environments

• Degree in Finance, Accounting, or related field (or equivalent experience)

Key Skills & Competencies

• Strong attention to detail and accuracy

• Excellent communication and relationship-building skills

• Customer-service mindset with internal stakeholders

• Analytical thinking and problem-solving ability

• Quick learner with adaptability to new tools and processes

Training & Onboarding

• Structured onboarding and training during the first month

• Expected to reach full proficiency within 3 months

Benefits & Perks

• Opportunity to work with a large, established utility company in a regulated industry

• Collaborative, supportive team environment

• Hybrid work flexibility (2–3 days onsite)

• High likelihood of contract extension

• Potential for internal mobility and career growth opportunities

Additional Details

• Minimal travel (occasional onsite support, primarily in Minneapolis)

• Parking available at office locations

• Interview process: 1 round (panel), conducted via Microsoft Teams

• Fast hiring timeline with immediate resume review and feedback