Director (Strategic Planning & Portfolio Analysis)

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. Prioritize 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. Lead a team of budget planning professionals and analysts and act as liaison between 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 Operations enterprise projects to rationalize 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, including resource adequacy, AI tools and strategic regulatory initiatives. Drive change and produce recommendations 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 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. Experience with accounting and budgeting software tools such as Unifier, Tamcast, Workbook, and/or Power Plan. Demonstrated organizational, leadership, written, and verbal communication skills. Preferred Requirements Utility Finance Leadership experience. Benefits Annual Incentive Program Long‑Term Incentive Medical/Pharmacy Plan Dental Vision Life Insurance Dependent Care Reimbursement Account Health Care Reimbursement Account Health Savings Account (HSA) Limited‑Purpose FSA Transportation Reimbursement Account Short‑Term Disability (STD) Long‑Term Disability (LTD) Employee Assistance Program (EAP) Fitness Center Reimbursement Tuition Reimbursement Transit Programs Employee Recognition Program Pension 401(k) plan Paid Time Off (PTO) Holidays Volunteer Paid Time Off (VPTO) Parental Leave Benefit Salary The anticipated starting base pay for this position is: $148,400.00 to $210,733.33 per year. Application Deadline 07/14/26 Equal Opportunity Employment 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 View email address on click.appcast.io. #J-18808-Ljbffr Xcel Energy Services Inc