Team Lead - Energy Settlements
Company: Xcel Energy Inc
Posted on: April 5, 2021
Location(s): CO - Denver; MN - Minneapolis; WI - Eau ClaireAre
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. We also invest in
our leaders. From specific programs for new and aspiring leaders to
just-in-time resoures to support the seasoned manager, we provide
development for any stage of their career.Summary
Responsible for leading and managing a team of settlement
accountants in the timely and accurate settlement of deal
transactions. Responsible for taking a leadership role in the
resolution of disputed transactions both internally and with
external counterparties. Responsible for reviewing payment
requests, invoices, and journal entries to ensure compliance with
department processes, internal controls, contracts, Sarbanes-Oxley
(SOX) compliance, and regulatory rulings. Responsible for
conducting and overseeing process improvement projects and
developing processes for new transactions or commodities, as well
as delegating and managing all department projects.
- Lead, manage, and complete process improvements, department
projects, and corporate projects. Responsible for delegating
projects and overseeing projects to ensure the timely and
successful completion. Review and document processes, ensure
process maps and internal controls are accurate, current,
auditable, and compliant with SOX requirements.
- Lead in the analysis and settlement of transactions on a daily
and monthly basis to ensure that sales, purchases, and
transportation/capacity contract requirements are being met. Act as
a liaison between settlements, front office, middle office, and
accounting to resolve deal capture and scheduling issues. Serve as
a lead in resolving disputed transactions according to established
controls and ensure discrepancy resolutions are documented and
communicated to appropriate personnel.
- Complete the settlement of complex contracts and the settlement
of new commodities or deal types. Ensure contract compliance,
proper set-up of transactions in deal capture systems, and work
with all departments to communicate new detailed transactions for
proper and timely accounting.
- Review and approve of payment requests and invoices. Ensure
payment and/or invoice packages are compliant with contract terms,
SOX requirements, and corporate policies. Ensure proper and
auditable documentation is included.
- Provide supervision and guidance to direct report staff
members, as needed. Assist in managing in the development of group
goals and communicate company and department business area
objectives. Create a team environment of continuous improvement and
learning to foster employee development. Establish and communicate
clear performance expectations. Conduct formal and informal
performance discussions (e.g.,IPADs, Scorecards) and ensure review
in a timely fashion. Coach and mentor less senior team members, as
- Complete monthly journal entries. Complete analysis of
supporting documentation. Complete analysis of estimates, actuals,
and variances. Ensure entries are booked correctly and compliant
with regulatory rulings. Provide detailed analysis of account
activity to management and audit staff.
- Other duties as assigned.
- High school diploma or equivalent
- Must be detail-oriented and possess strong problem-solving
- Must have proven skills in accounting systems and deal capture
systems, as well as proven abilities in learning new systems
- Must have proven experience in a project management role and
- Advanced Microsoft Excel skills and other windows based
- Bachelor's degree in Accounting
- 3 years of general accounting. energy experience in a
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; WI -
Eau Claire -- United States (US) -- CFO Organization -- 29124:NSP
Commercial Accounting -- Full-Time -- Non-Bargaining --
--The anticipated starting base pay for this position is: $72,100
to $102,433 per yearClick here to see our benefitsRequisition
Number: 30042Equal Opportunity Employer:
Minority/Female/Disability/VeteranIndividuals with a disability who
need an accommodation to apply please contact us at
firstname.lastname@example.org ACCESSIBILITY STATEMENT
Xcel Energy endeavors to make https://www.xcelenergy.com/
accessible to any and all users. If you would like to contact us
regarding the accessibility of our website or need assistance
completing the application process, please contact Xcel Energy
Talent Acquisition at email@example.com . This contact
information is for accommodation requests only and cannot be used
to inquire about the status of applications.
Keywords: Xcel Energy Inc, Denver , Team Lead - Energy Settlements, Accounting, Auditing , Denver, Colorado
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