Magnit Global is a leading, global professional services and technology company and a certified “Great Place to Work”. We have been a leader in contingent workforce management since 1991 and work with leading Fortune 500 companies and other large organizations across numerous verticals including consumer electronics, research and development, pharmaceuticals, health services, and many more! 

We're glad to continue a relationship with you and happy to assist in the next steps of your career once more! 

This contract opportunity is with Xcel Energy. 

The Capital Analyst on the Project Intake team plays a critical role in evaluating software-related capital projects. This position ensures compliance with internal capitalization policies and supports accurate financial classification of project activities.

Key Responsibilities

• Project Assessment & Intake

  • Review incoming project requests for alignment with capital policy and strategic objectives.

  • Validate completeness of Statements of Work (SOWs) and supporting documentation.

• Capital vs. O&M Analysis

  • Analyze project deliverables and costs to determine proper classification (CapEx vs. OpEx).

  • Provide clear documentation and recommendations for financial coding.

• Stakeholder Collaboration

  • Partner with IT teams, Finance, and project managers to ensure accurate intake and classification.

  • Communicate findings and recommendations in clear, concise language for both technical and non-technical audiences.

• Governance & Compliance

  • Ensure adherence to internal capital software policy and regulatory requirements.

  • Maintain accurate records for audit and reporting purposes.

• Process Improvement

  • Identify opportunities to streamline intake and classification workflows.

  • Leverage automation and AI tools (e.g., Microsoft Copilot) to enhance efficiency and accuracy.

Preferred Skills & Competencies

• Strong analytical and problem-solving skills with attention to detail.

• Ability to exercise independent judgment and initiative in complex scenarios.

• Excellent communication and collaboration skills across cross-functional teams.

• Familiarity with AI and automation tools for process optimization.

• Knowledge of IT project lifecycle and software implementation practices.

Minimum Qualifications

• Bachelor’s Degree in Business Administration, Information Technology, or a related field (or equivalent combination of education, training, and experience).

• Experience with fixed assets, capital project management, or capital project budgeting preferred.

• Understanding of CapEx vs. OpEx principles and financial governance.

This is the pay range that Magnit reasonably expects to pay for this position: $58/hour - $77/hour

Benefits: Medical, Dental, Vision, 401k