Asset Recovery Manager

Denver, Colorado, 80205, United States of America St Paul, Minnesota, 55117 Minneapolis, Minnesota, 55401 Amarillo, Texas, 79101 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 you're 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 company's 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 - Bachelor's 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 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 . Non-Bargaining The anticipated starting base pay for this position is: $95,000.00 to $115,000.00 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. 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. Deadline to Apply: 05/15/26 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 company's information and systems by adhering to cybersecurity policies, standards, and best practices, recognizing that cybersecurity is everyone's 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. d24ad0b8-823f-4e68-a892-2986ccdf7392

Created: 2026-05-08