Sr. Income Tax Analyst or Income Tax Consultant

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.

This position is posted as a hierarchy at the Sr. Income Tax Analyst or Income Tax Consultant level. Successful candidate(s) will be hired at the level that is commensurate with their skills and experience.

Position Summary

To assist at a higher level the Director or Manager, Income Tax Compliance & Accounting in the areas of filing the corporate federal and state income tax returns and extensions, the computation of estimated tax payments, and the computation and reporting of income tax accruals.

Essential Responsibilities

• Participates at a higher technical level in the determination of the monthly tax accruals to ensure compliance with IRS, GAAP, Sarbanes Oxley, and regulatory income tax accounting and public utility normalization requirements.
• Participates at a higher technical level in the preparation of all required federal consolidated and state income tax returns and claims for refund to ensure accurate and timely filing and minimization of tax liability.
• Assists in preparation of quarterly estimated federal and state income tax payments in a manner that minimizes company cash requirements. Includes allocation or distribution of payment obligation among companies in affiliated group.
• Prepares or assists in preparation of estimates and projections of income taxes for budgeting purposes, rate filings, and cash forecasts.
• Keeps abreast of current changes in tax laws, regulations, and rulings by ongoing reading and research to maintain the ability to inform the Director or Manager, Income Tax Compliance & Accounting of the nature and effect of changes and if appropriate, recommend courses of action.
• Performs other duties and assumes other responsibilities as apparent or as assigned.

Sr. Income Tax Analyst Minimum Requirements

• Bachelors degree in accounting.
• Four years' experience in income tax compliance and accounting. Note: Candidates with a Master's Degree or certification such as CPA, CMA, CFA, etc or investment banking or public accounting background may be granted years of experience to reach the 4-year minimum.
• Appropriate experience would include: Current and deferred income tax accruals and financial statement presentation. Consolidated federal and unitary state tax return preparation. Estimated federal and state income tax payment calculations. Income tax research and analysis with references to authoritative tax literature.

Income Tax Consultant Minimum Requirements

• Bachelor's degree in accounting.
• 4-7 years of related experience with large corporate income taxes.
• Demonstrates ability to effectively communicate information and recommendations to department management.
• Effective at giving and receiving information in individual or group situations.

Preferred Requirements

• Master's Degree (i.e. Master of Business Taxation) or equivalent license or certification (i.e. CPA).
• Large advisory, accounting firm, or other relevant experience.

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.

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 recruiting@xcelenergy.com.

Non-Bargaining

The anticipated starting base pay for this position is: $71,900.00 to $117,600.00 per year

This position is eligible for the following benefits: 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, 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: 06/29/25

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