What are the responsibilities and job description for the Financial Analyst position at magnit-xcelenergy?
Job Summary:
We are seeking a detail-oriented and driven financial professional to join a dynamic team supporting integrated system planning across electric, steam, and natural gas jurisdictions. This hybrid role blends financial analysis with project management, offering a unique opportunity to contribute to both internal initiatives and regulatory filings. The ideal candidate will bring strong analytical capabilities, exceptional communication skills, and the ability to manage multiple priorities in a fast-paced, matrixed environment. This position is available in Minneapolis, MN or Denver, CO under a hybrid work arrangement.
Responsibilities:
- Analyze and reconcile accounts and prepare annotated variance reports
- Develop and manage tactical implementation plans (TIPs) to support integrated system planning
- Work with operating plans to create supporting financial forecasts and budgets
- Track project milestones, hold stakeholders accountable, and ensure timely execution
- Prepare weekly status reports and scorecards for leadership review
- Coordinate across multiple jurisdictions and departments to ensure alignment
- Interface with business area finance, capital asset accounting, and revenue requirements teams
- Monitor supply chain timelines to support project scheduling
- Support regulatory filings such as CPCNs and rate cases, along with related documentation
- Conduct financial analysis projects including capital versus expense evaluations, ROI analysis, resource allocations, and budget preparation
- Perform research to understand the accounting consequences of alternative approaches
- Analyze performance returns for accuracy and communicate results with investment professionals
- Present financial analysis and project updates to management and senior leadership, including VPs
- Manage escalations and ensure project schedules are maintained
Skills:
- Thorough knowledge of accounting and finance principles
- Strong proficiency in Microsoft Excel, SharePoint, and Microsoft Teams
- Familiarity with RACI charts and project planning methodologies
- Ability to develop and manage tactical implementation plans
- Strong verbal and written communication skills, including the ability to present to leadership
- Comfortable working in a matrixed, cross-functional environment
- Ability to communicate and follow up with stakeholders at all levels
- Self-starter with curiosity, initiative, and strong relationship-building skills
- Working knowledge of popular financial management applications
Experience:
- Three to five years of real-world experience in finance, economics, engineering, or a related field
- Experience in project management and financial analysis
- Industry experience in utilities, oil and gas, mining, or other regulated environments such as telecom or SEC-reporting companies preferred
- Exposure to generation, transmission, or distribution planning is a plus
Qualifications:
- Bachelor's degree required; a graduate degree is preferred
- Degree in finance, economics, engineering, or a related field preferred
The closing date for applications for this job posting is 7/26/2026.
Should you require any accommodations in responding to this job posting or at any stage during the application process, kindly e-mail : xcelenergyprogramoffice@magnitglobal.com