About this role
Xcel Energy is hiring for Senior Income Tax Analyst or Income Tax Compliance Consultant levels based on background and years of experience. The role supports corporate federal and state income tax filings, estimated tax payments, and income tax accruals while ensuring compliance with IRS, GAAP, Sarbanes Oxley, and regulatory accounting requirements.
Key Responsibilities
- Determine monthly income tax accruals and ensure compliance with IRS, GAAP, Sarbanes Oxley
- Prepare federal consolidated and state income tax returns and extension filings and refund claims
- Calculate estimated federal and state income tax payments and manage affiliated group allocation
- Research changes in tax laws and provide guidance to leadership on impact
- Prepare income tax estimates and projections for budgeting, rate filings, and cash forecasts
Technical Overview
The position handles monthly and quarterly income tax accruals and estimated payments, prepares consolidated federal and unitary state income tax returns, and supports refund claims. It also performs ongoing tax research and analysis and develops income tax estimates and projections for budgeting, rate filings, and cash forecasting, with focus on public utility normalization requirements.
Ideal Candidate
The ideal candidate is a senior tax professional with 4+ years of income tax compliance and accounting experience, including monthly and quarterly tax accruals, estimated tax payments, and preparation of federal and state income tax returns and extensions. They are strong in IRS, GAAP, Sarbanes Oxley, and regulatory income tax accounting with experience in public utility normalization. They can perform tax research and analysis using authoritative tax literature and produce accurate, timely filings and refund claims.
Must-Have Skills
Bachelor's degree in accountingFour years' experience in income tax compliance and accountingFederal and state income tax return and extension filing knowledgeEstimated tax payment calculationsIncome tax accruals and financial statement presentation knowledgeIncome tax research and analysis with references to authoritative tax literatureAppropriate experience includes consolidated federal and unitary state tax return preparation
Nice-to-Have Skills
Master's degree in a relevant fieldCPACMACFAInvestment banking backgroundPublic accounting background
Required Skills
Federal and state income tax returnsextensionsestimated tax paymentsincome tax accrualsmonthly tax accrualsquarterly estimated paymentstax law researchincome tax research and analysisconsolidated federal and unitary state tax return preparationincome tax projectionsbudgetingrate filingscash forecastsIRS complianceGAAPSarbanes Oxleyregulatory income tax accountingpublic utility normalization
Hard Skills
Federal income tax return preparationState income tax return preparationTax extensions preparationComputation of estimated tax paymentsComputation of income tax accrualsMonthly tax accruals determinationIncome tax accruals reportingIRS complianceGAAP complianceSarbanes Oxley complianceRegulatory income tax accountingPublic utility normalization requirementsQuarterly estimated federal and state income tax paymentsAllocation or distribution of payment obligation among companies in affiliated groupIncome tax estimates and projectionsBudgeting purposesRate filingsCash forecastsTax law research and ongoing readingIncome tax research and analysis with references to authoritative tax literatureConsolidated federal tax return preparationUn itary state tax return preparationClaims for refundIncome tax reporting information and analysisEfficient and effective processes (tax compliance and accounting)
Soft Skills
Ability to inform Director or Manager of the nature and effect of tax law changesHigher level technical participationAccurate and timely reportingCollaboration with Director/Manager and Income Tax Compliance & Accounting group
Keywords for Your Resume
Senior Income Tax AnalystIncome Tax Compliance Consultantincome tax compliance and accountingfederal income tax returnsstate income tax returnsextensionsestimated tax paymentsincome tax accrualsmonthly tax accrualsquarterly estimated federal and state income tax paymentsIRSGAAPSarbanes Oxleypublic utility normalizationregulatory income tax accountingincome tax research and analysisauthoritative tax literatureconsolidated federal tax return preparationunitary state tax return preparationclaims for refundbudgeting purposesrate filingscash forecaststax projections
Deal Breakers
Bachelor's degree in accounting, Four years' experience in income tax compliance and accounting, Must have experience with federal and state income tax return preparation and estimated tax payment calculations
Get matched to jobs like this
Luna finds roles that fit your skills and career goals — no endless scrolling required.
Create a Free Profile