Asset Recovery Manager

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 youre looking for.

Position Summary

This role oversees investment recovery activity across 132 storerooms in 8 states supporting a $2.4B enterprise materials program. The successful candidate will serve as the accountable owner for surplus asset identification valuation disposition and internal redeployment with direct line-of-sight to measurable financial return.

Manages Investment Recovery (IR) function for Xcel Energy. Partners with business areas in disposing of surplus assets to maximize economic return in keeping with the companys social/environmental values. Plans recovery projects and programs in support of business area operations. Attracts develops motivates and retains team of IR specialists and contractors. Partners with internal and external groups to ensure projects and programs achieve all performance objectives. Sets department goals measures performance and implements remediation plans as needed.

Essential Responsibilities

• Partner with internal business areas/asset owners to ensure support of operations. Manage investment recovery programs and projects in alignment with customer expectations/objectives as well as governing processes/policies.

• Manage team of IR specialists and contractors. Attract develop and retain team. Set goals and manage performance.

• Leverage external firms (brokers consultants buyers recyclers etc.) as needed in execution of investment recovery programs and projects.

• Develop monitor and communicate processes/policies and key result indicators related to asset sales department efficiency compliance and customer service. Develop and manage projects aimed at improving results.

Minimum Requirements
- Bachelors degree is required. MBA is preferred

- Five years Investment Recovery experience required.

- Utility Investment Recovery experience preferred.

- CMIR (Certified Manager of Investment Recovery) is preferred.

- Excellent written and oral communication project management and leadership skills.

-Equivalent experience in surplus asset disposition reverse logistics management asset lifecycle management or materials recovery will be considered in lieu of direct Investment Recovery title history.

Preferred Requirements

• Experience managing surplus asset programs across multi-site networks (50 locations preferred)

• Experience in reverse logistics surplus asset management or materials recovery operations within distribution manufacturing or capital-intensive industrial environments will be considered equivalent to direct utility Investment Recovery experience.

• Experience coordinating with external brokers recyclers and digital disposition platforms (GovPlanet Iron Planet Asset Works or similar)

• Demonstrated ability to build and report KPIs tied to recovery rate write-off reduction and return-on-disposition

• Background in utilities energy or capital-intensive industrial environments (O&G mining large-scale construction

• Exposure to SOX-compliant asset tracking and audit documentation practices

• Digital Disposition Platform Experience

• SAP Asset and Materials Management Fluency

• Data-Driven Reporting and Valuation Capability

• Internal Customer Experience and SLA Orientation

• ESG Compliance and Responsible Disposition

• Write-Off Reduction and Recovery Rate Performance

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 youre 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.

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