Director (Strategic Planning & Portfolio Analysis)

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

Design and implement a strategic approach to aggregation and prioritization of the 5-year strategic plan across Operations encompassing the Generation Transmission Distribution Gas and Nuclear organizations. Develop unique methods evaluation criteria and solutions to assemble model and prioritize the capital and operations and maintenance budgets for the multi-year planning cycle. Prioritizes the projects and programs across the company portfolios to balance risk system reliability resource adequacy technological innovation financial investment customer cost and executability. Conduct asset and technology lifecycle analysis to inform long-term resource planning and modernization strategies. Provide project management and strategic support on cross-commodity planning and execution. Leads a team of budget planning professionals and analysts. Liaison Operations the Operating Companies and CFO organizations to achieve financial and operational objectives.

Essential Responsibilities

• Develop manage and execute a risk-informed project prioritization process across all projects in the Operations enterprise to rationalize projects in the 5-year strategic budget cycle and enable precision in investment decisions.

• Influence multi-year budget plans that enable system transformation while balancing system reliability and customer cost in partnership with Operations.

• Perform asset and technology lifecycle analysis to evaluate long-term needs replacement strategies and modernization opportunities across multiple Operating Companies and commodities.

• Lead strategic cross-commodity project management to ensure alignment integration and coordinated execution of major Planning and Operations initiatives. This could include leadership around resource adequacy AI tools and strategic regulatory initiatives.

• Drive change and produce recommendation through continuous improvement of existing analytical structures and development of strategies to generate financial opportunity and mitigate risk in Company Operations.

• Enable a project portfolio that aligns with the strategic objectives of the company notably successful execution by Operations and regulatory effectiveness by the Operating Companies.

• Deliver rate case quality asset and project analytics on capital and O&M budgets for the financial planning cycle in partnership with Operations Operating Companies and the CFO office.

• Develop robust business cases and frameworks on investment analysis and strategic decisions regarding capital allocation technology adoption and resource strategy. Develop and provide discovery responses and/or written testimony in support of regulatory proceedings.

• Seek propose and execute innovative ideas for aligning budget creation across the enterprise with common data processes and tools. Benchmark internally across business units and externally across peer utilities to establish a center of excellence for budget planning and strategic analysis.

• Establish partnership with internal stakeholders to facilitate key enterprise strategic discussions including the Planning Summit and Peer Review.

• Lead miscellaneous special projects to enhance and expand the effectiveness of the Integrated System Planning organization.

Minimum Requirements

• Bachelor of Science degree in Engineering Business or related discipline from an accredited college or university. Advanced degree preferred.

• Minimum of 10 years experience required in the utility industry. Minimum of 5 years of leadership experience preferably including strategy development and implementation. Strong financial acumen desired.

• Expertise in regulatory finance regulatory accounting regulatory rate making and/or strategic capital budget planning for energy assets.

• Experience with asset lifecycle analysis business case development or strategic investment evaluation preferred.

• Project management experience preferred including cross-function or cross-commodity initiatives.

• Preferred experience with accounting and budgeting software tools such as Unifier Tamcast Workbook and/or Power Plan.

• Demonstrated organizational leadership written and verbal communications skills.

Preferred Requirements

• Utility Finance Leadership 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 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.

Individuals with a disability who need an accommodation to apply please contact us at .

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.

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 companys information and systems by adhering to cybersecurity policies standards and best practices recognizing that cybersecurity is everyones responsibility.

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.