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Principal Consultant, Strategy & Performance - COS386 Job

Location(s): CO - Denver; MN - Minneapolis; TX - Amarillo


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.



Position Summary

The Principal Consultant facilitates the overall financial accounting, planning and budgeting process for the security business area programs and projects. Partners with leaders within the business area to develop and deliver impactful metrics and other analytics. Leverages internal business area systems such as SAP. Develop unique methods, techniques, evaluation criteria and solutions for obtaining financial results for extremely complex problems with intangible variance factors. Provide financial direction to ensure future needs are met. Leads complex financial evaluations and analysis, manages projects and develops business solutions.

Essential Responsibilities

  • Strategic: Consults with leaders on identifying financial goals to be achieved by the business area. Responsible to ensure that business unit strategies are integrated across the business area and are in alignment and contribute to the achievement of Xcel Energy.
  • Budget Planning: Undertake financial and accounting activities for capital programs and projects including journals, forecasting, budgeting, capitalization, and reporting. Designs and facilitates the use of systematic tools and techniques e.g., SWOT analysis, to identify priority issues and articulate and challenge strategic assumptions. Works closely with leaders to monitor progress of financial plans against business results.
  • Communication: Ensures the effective delivery to leadership members for the overall business area activities.
  • Program/Project Management: Provides overall financial accounting and reporting for all security programs and projects within a business area. Directs activities including project analysis, needs assessment, budget, and strategic implementation.
  • Analytics/Metrics: Leverages business area systems and data to identify, develop and deliver impactful metrics and other analytics and/or automated solutions. Facilitates the use of systematic tools and techniques to establish priorities and targets.
  • Budget Management: Works with leaders within the business area to develop, implement, and monitor the budget for all programs and projects. Partners with Financial Operations to ensure alignment with company objectives and processes. Ensures that leaders have an understanding of the process for developing the content for the budget.
  • Coordinate the financial analysis and support to management for the annual budget process, as well as modeling, analysis and financial support for current year and five year forecasting.
  • Leads complex projects and financial evaluations. Implements process improvements and business solutions.
  • Direction of others: May provide direction and training of others.


Minimum Requirements


  • Bachelor's degree in Business Administration or related field or equivalent combination of education and experience.
  • At least seven years related experience.
  • Demonstrated experience in strategy and with business and operational performance measures.
  • Experience in communications with demonstrated ability to deliver effective and strategic messages to audiences ranging from front line employees to senior executives.
  • Experience leveraging technology.
  • Demonstrated leadership capabilities in project management.
  • Demonstrated ability to meet business and financial objectives.




  • Advanced degree preferred.
  • Bachelor's degree with a concentration in Accounting, Finance or related discipline. MBA, CPA, or CFA .
  • Minimum seven years experience in general financial accounting, reporting or analysis.
  • Advanced skills with Microsoft Office applications.
  • Demonstrated skills in analysis, financial and economic modeling, financial process controls and problem solving.
  • Demonstrated leadership skills.
  • Ability to work independently and as a member of a team and to interface with all levels of management.





Xcel Energy is committed to the safety of its employees and customers, and promotes a Safety Always culture. Because of this, we strongly encourage all employees to be fully vaccinated against COVID-19; however, vaccination is not mandatory. After being hired, you will asked to report your vaccination status and dates of vaccination. This information will be maintained confidentially and disclosed only on a need-to-know basis. If you are not fully vaccinated or choose not to disclose your vaccination status you will be required to follow any health-and-safety rules applicable to unvaccinated employees.


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.


Posting Notes:  CO - Denver || CO - Denver; MN - Minneapolis; TX - Amarillo || United States (US) || Strategy Plng and Ext Affairs || 56600:Portfolio Mngmnt & Performance || Full-Time || Non-Bargaining ||

The anticipated starting base pay for this position is: $87,000 to $123,666 per year

This position may also be eligible for the following benefits and/or pay components: Pay - 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, Personal holidays, Volunteer Paid Time Off (VPTO) (full-time employees only), Parental Leave


Click here to see our benefits


Requisition Number: 42929

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


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Nearest Major Market: Denver

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