Sr Tax Counsel

Sr Tax Counsel

Company: Next Era Energy

Next Era Energy Resources is one of America’s largest wholesale generators of electricity, leveraging all forms of energy across renewables, storage and nuclear. We offer customized energy solutions that drive economic growth, protect the environment, support communities, and help customers meet their energy needs. Ready to make a lasting impact? Join our innovative, world-class team today!

Position Specific Description

We are seeking a Sr. Tax Counsel to become a member of our State Tax Planning team. Our in‑house tax department is a fast‑paced, dynamic, and collaborative environment. The successful candidate will have a background in state income tax planning, controversy and/or M&A transactions and will be comfortable modeling the cash and U.S. GAAP tax treatment of transactions.

Professional Experience

• Strong state income tax planning background with experience executing income tax base, filing group, and apportionment strategies to reduce cash taxes and create income statement benefits.
• Experience with state controversy matters such as resolving administrative audits and appeals and obtaining ruling requests.
• Transactional tax background (focused on acquisitions, dispositions, financings, reorganizations, restructurings, and joint ventures) and (i) working with the rules in Subchapter K, Subchapter C, and the consolidated return regulations; (ii) structuring and documenting complex M&A transactions; (iii) preparing tax memoranda, opinions, and ruling requests; (iv) reviewing transaction documents and drafting tax provisions contained therein; (v) developing, reviewing and commenting on the tax aspects of financial models;
  
  and (vi) supporting critical business operations and various projects/work streams.
• Strong organizational and interpersonal skills, including the ability to coordinate effectively with various subject matter specialists and proactively support the business.
• 8+ years of experience preferred working on state tax issues at a Fortune 500, AmLaw 100 law firm or in the Washington National Tax office of a "Big 4" public accounting firm.
• Energy industry experience preferred, but not required.

Additional Responsibilities

• Drive value by providing tax support (e.g., due diligence, structuring, and modelling) to deal teams and business units throughout the organization with respect to renewable energy projects and pending acquisitions, dispositions, financings, reorganizations, restructurings, and joint ventures, with the goal of optimizing tax treatment.
• Serve as the state income tax single point of contact and accountability and be able to identify federal income tax and non-income tax issues to be addressed by applicable SME.
• Support various multifunctional tax projects, including analyzing relevant tax law for tax planning transactions, working with internal and external tax advisors to understand relevant tax rules, partnering with multiple business units to understand both federal and state tax implications, and preparing and/or reviewing financial models to illustrate the tax consequences of various alternatives.
• Effectively communicate complex technical tax issues to management and internal stakeholders, including the broader finance business unit.
• Draft and review tax provisions in deal documents.
• Prepare technical tax memoranda.

Employees in this job drive value by providing support to the organization with respect to tax aspects of pending acquisitions, dispositions, financings, reorganizations, restructurings, and joint ventures, with a view to optimize taxes.

• Manage all aspects of various worldwide tax projects, including analyzing relevant tax law for tax planning transactions; working with foreign and domestic tax advisors to understand relevant tax rules; partnering with multiple business units to understand both domestic and foreign tax implications; and reviewing financial models to illustrate the tax consequences of various alternatives
• Work with Governmental Affairs, Investor Relations, and Communications to promote the Company's legislative priorities and assist with communications
• Communicate…