DenverRecruiter Since 2001
the smart solution for Denver jobs

Team Lead - Energy Settlements

Company: Xcel Energy Inc
Location: Denver
Posted on: April 5, 2021

Job Description:

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.

Essential Responsibilities

  • 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 needed.
  • 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 abilities
    • 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 leadership responsibilities
    • Advanced Microsoft Excel skills and other windows based programs
      • Bachelor's degree in Accounting
      • 3 years of general accounting. energy experience in a settlement type function_______________________________________________________________________________________________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; 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 ACCESSIBILITY STATEMENT
        Xcel Energy endeavors to make 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 . 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

Click here to apply!

Didn't find what you're looking for? Search again!

I'm looking for
in category

Other Accounting, Auditing Jobs

Junior Financial Representative NOW HIRING
Description: We're More Than Insurance br br At Mutual of Omaha, we're not afraid to step outside the box and release the potential for ultimate success. We are a Fortune 500 company that allows you to carve your (more...)
Company: Mutual of Omaha
Location: Denver
Posted on: 04/15/2021

Financial Advisor Senior
Description: CO - Denver - 80206 - 210 University Boulevard CO - Fort Collins - 80526 - 2337 South Shields Street CO - Fort Collins - 80524 - 1210 East Mulberry Street CO - Fort Collins - 80524 - 303 East Mountain (more...)
Company: FHLB Des Moines
Location: Denver
Posted on: 04/15/2021

Controller - Oil & Gas
Description: We are representing a small, PE backed upstream Oil Gas company in their search for a Controller. This is a hands-on, roll-up your sleeves position with month-end
Company: 361 Services
Location: Aurora
Posted on: 04/15/2021

Senior Accountant
Description: Please include Resume Cover Letter with application. Cover Letter should detail why you feel that you would be a great fit for this role. br Cherry Creek Mortgage, LLC, NMLS 3001, has a 33-year tradition (more...)
Company: Cherry Creek Mortgage, LLC
Location: Aurora
Posted on: 04/15/2021

Senior Internal Auditor
Description: DCP Midstream is a Fortune 500 natural gas company dedicated to meeting the energy and consumer needs of our society. With a focus on technology and innovation, we safely and reliably operate a strong (more...)
Company: DCP Midstream
Location: Denver
Posted on: 04/15/2021

Description: Growing Government Contracting Firm Seeking an experienced Accountant
Company: Gov-con Solutions
Location: Denver
Posted on: 04/15/2021

Entry Level Financial Advisor
Description: We're More Than InsuranceAt Mutual of Omaha, we're not afraid to step outside the box and release the potential for ultimate success. We are a Fortune 500 company that allows you to carve your own professional (more...)
Company: Mutual of Omaha
Location: Manitou Springs
Posted on: 04/15/2021

Financial Consultant - Greenwood Village, CO
Description: Job Description:Phone Financial Consultant Fidelity believes in, and is committed to, fair and consistent treatment for every associate and customer, and to creating a safe and respectful environment, (more...)
Company: Fidelity Investments
Location: Westminster
Posted on: 04/15/2021

Intuit: Veterans Preferred - Turbotax Live Tax Associate - Virtual Nationwide Opportunity
Description: Military Veterans are Encouraged to Apply. Description Overview Veterans and military families encouraged to apply If you're a highly motivated individual with a business background and excellent communication (more...)
Company: Intuit
Location: Lakewood
Posted on: 04/15/2021

Senior Staff Accountant
Description: Stage 1 Financial LLC headquartered in Orange County, CA is the service leader in fully outsourced Accounting and FP A for high-growth consumer companies. We are partners with over a hundred of today's (more...)
Company: Stage 1 Financial
Location: Aurora
Posted on: 04/15/2021

Log In or Create An Account

Get the latest Colorado jobs by following @recnetCO on Twitter!

Denver RSS job feeds