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Business Area Finance Manager Job

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


Are you ready to take your leadership potential to the next level with a growing Fortune 500 company?  Xcel Energy is at the leading edge of an industry that is changing quickly. We’re seeking dynamic, proven leaders to help guide us into this exciting energy future. If you’re looking to lead at a company that is committed to excellence, safety and environmental stewardship, with plenty of room to grow, consider a position at Xcel Energy.



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.


This position requires a behavioral assessment prior to being considered for an interview.




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:  MN - Minneapolis || CO - Denver; MN - Minneapolis || United States (US) || CFO Organization || 75000:Business Area Finance || Full-Time || Non-Bargaining ||

Requisition Number: 25406

Equal Opportunity Employer: Minority/Female/Disability/Veteran

Individuals with a disability who need an accommodation to apply please contact us at

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