hero

Find Your Dream Job Today

Out for Undergrad
companies
Jobs

Principal Asset Analyst - Strategic Planning

Xcel Energy

Xcel Energy

IT
Minneapolis, MN, USA · Denver, CO, USA
USD 97,600-138,600 / year
Posted on Mar 24, 2026

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

Analyzes, develops and presents financial and operational opportunities for Xcel’s electric and gas assets. Undertakes lead responsibility in developing effective strategies for the optimization of Xcel Energy’s electric and gas assets.

Essential Responsibilities

  • Identify key investment opportunities and risks and develop analysis and strategy to integrate into Corporate short-term and long-term planning of Xcel Energy’s electric and gas assets. Improve the financial standing of Xcel's assets through development and presentation of strategies to maximize Business Area, Operating Company, and Corporate profitability, meet Company strategic objectives while minimizing risk. Create, and execute financial analysis that generates recommendations regarding infrastructure investment in Xcel owned assets. Leverage the use of the discounted cash flow model to determine the value to the Company of asset investment and asset life-cycle decisions. Formulate custom financial analysis of complex investment options. Work with corporate finance to gain approval for capital and O&M investments as necessary.

  • Apply a solid business acumen and industry perspective in the asset investment decision-making process. Interfaces with Operations, Commercial Operations, Accounting, Finance, Regulatory groups and others to quantify the risk profile and likelihood of successful outcomes and returns as it pertains to opportunities identified to increase the value of the Company’s infrastructure portfolio.

  • Design and perform ad-hoc financial analysis to evaluate operational and financial changes and strategic initiatives on the Company’s electric and gas portfolio, providing financial and operational impacts to the assets, portfolio, and Company basis.

  • Support various Company production cost modeling tools by providing accurate and reliable asset data and analysis for utilization in various cost modeling tools to ensure assets are correctly evaluated and represented in Company-wide analysis. Drives change through contributing improvements to Company production cost modeling.

Minimum Requirements

  • Bachelor's degree in finance, mathematics, statistics, economics, accounting or related business field. Engineering or technical degree acceptable with graduate work in finance.

  • At least 6 years of overall utility industry experience with financial modeling.

  • Strong financial acumen regarding financial analysis and metrics.

  • Able to manage workload under deadlines.

Preferred Characteristics

  • A working knowledge of power plant, transmission, distribution, and/or gas operations is desirable

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-BargainingThe anticipated starting base pay for this position is: $97,600.00 to $138,600.00 per yearThis 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: 04/03/26

EEO is the Law | EEO is the Law Supplement | Pay Transparency Nondiscrimination | Equal Opportunity Policy (PDF) | Employee Rights (PDF)

All Xcel Energy employees and contractors share responsibility for protecting the company's information and systems by adhering to cybersecurity policies, standards, and best practices, recognizing that cybersecurity is everyone's responsibility.

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 recruiting@xcelenergy.com. This contact information is for accommodation requests only and cannot be used to inquire about the status of applications.