Investment Recovery Specialist - Xcel Energy
Saint Paul, MN
About the Job
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? Aposition at Xcel Energy could be just what you’re looking for.
Position Summary
Manage sales of surplus utility assets, including but not limited to construction equipment, tools, obsolete inventory, fleet vehicles, power plant and electrical equipment, transformers and recyclable materials such as scrap metal & used oil. Seek to secure the best revenue and/or minimization of expenses for disposition of assets. May assist in supporting large dismantlement projects to optimize recovery of value from equipment and materials. Contributes to corporate safety and sustainability goals & initiatives in the execution of duties.
Essential Responsibilities
Partners with operating departments to manage and support liquidation of surplus assets.
Provides guidance concerning asset disposition strategy, technical options and valuation estimates.
Evaluates assets for marketability or most economical disposition
Appraises assets and establishes pricing
Analyzes markets for pricing trends and emerging opportunities
Develops and administers competitive bid offerings for sales of assets
Negotiates investment recovery transactions to maximize revenue and minimize expense
Executes sale contracts and manages payment remittance for settlement of proceeds and related accounting processes
Assures integrity of financial transactions and compliance with company policy, governance and regulatory requirements
Coordinates cross-functional engagement with legal, environmental, regulatory, safety and accounting areas as required for more complex transactions
Assists / advises sourcing efforts to establish contract criteria for master service agreements to support investment recovery function, as well as major demolition and dismantling projects for facility/plant retirements
Contributes to monthly and annual reporting of investment recovery outcomes, functional performance and sustainability metrics
Leverages strong relationship building and communication skills to proactively partner with business area partners in identify key investment recovery opportunities and associated deliverables
Build and maintain strong relationships with suppliers, providing timely responses and issue resolutions
Coordinate asset disposition strategy development in collaboration with sourcing, business unit, and category teams, leveraging supply chain expertise and business acumen
Minimum Requirements
Bachelor's degree in Supply Chain Management, Business, technical/analytical field, or related field or equivalent combination of education and experience.
Three years of sales, purchasing, logistics, or other relevant supply chain experience.
Experience in plant or utility operations preferred.
Contract knowledge required.
Sales, negotiation, sourcing, and supplier relationships experience preferred. Certified Professional in Supply Management (CPSM), Certified Manager of Investment Recovery (CMIR) or equivalent preferred.
Strong interpersonal, organizational and collaboration skills.
Up to 10% travel; driver's license required.
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-Bargaining
The anticipated starting base pay for this position is: $61,500.00 to $87,500.00 per year
This 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.
Deadline to Apply: 07/03/24
EEO is the Law |EEO is the Law Supplement | Pay Transparency Nondiscrimination | Equal Opportunity Policy (PDF) | Employee Rights (PDF)
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.