What are the responsibilities and job description for the Manager, Tax (or Associate Director) Renewable Energy position at Deriva Energy?
Job Description : Overview :
Join the team of an established leader in clean energy, with 5,900 megawatts of operating and under construction wind, utility scale solar and storage assets across the U.S. Formerly known as Duke Energy Renewables, Deriva Energy is a portfolio company of Brookfield, one of the world's largest owners and operators of renewable power and climate transition assets. Deriva is headquartered in Charlotte, North Carolina.
Deriva Energy attracts high-performing individuals who are driven to make an impact in a fast-paced and collaborative environment. We offer unparalleled opportunity to lead and manage one of the largest renewable energy businesses with decades of history, while contributing to the global need for sustainable energy.
Position Summary :
Reporting directly to the Director -Tax, this position will be responsible for supporting the US tax compliance, financial reporting and US tax planning requirements of the business.
The Manager, Tax role is based in Charlotte, N.C. This position can be filled at a higher level commensurate with the candidate's skill and experience mix.
Responsibilities :
- Support Director-Tax, through all M&A transactions and tax equity financing.
- Actively collaborate with Tax Counsel and Tax Advisors on all sale / buy transactions, financings and documentation thereof.
- Manage corporate and deal modeling for tax inputs and proper tax allocations.
- Advise internal teams on benefits and eligibility requirements according to the Inflation Reduction Act, 2022, (IRA) with special emphasis on start construction, credits and adders applicable to Wind, Solar and BESS technologies for prospective acquisitions, current financings and operating projects
- Monitor current and proposed tax legislation related to renewable energy incentives and regulations and share relevant information with other teams.
- Review federal and state partnerships income tax returns that are prepared by external service providers.
- Support Deriva Energy's quarterly and annual tax provision process, specifically around proper capital account management and partner income allocations.
- Support US tax compliance process, including managing schedules, relationships with investors and following up on compliance work with service providers.
- Support Tax Fixed Asset maintenance, as needed.
- Support various internal initiatives and special tax related projects.
- Liaison with Brookfield Tax regularly to ensure Deriva Tax's policies are aligned with that of its Parent and highlight issues relevant to tax planning and structuring.
Required / Basic Qualifications :
Desired Qualification :
Working Conditions :
Benefits :
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Additional Information :
Applicants must be authorized to work for ANY employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa at this time.
Deriva welcomes veterans of the United States Armed Forces to apply for this position. Deriva includes veterans of all branches and a diverse set of occupational specialties. We value the independent thinking, problem solving, leadership, and teamwork that our veterans have developed through their service. We welcome applications from any service and any military occupational specialty.
Deriva Energy is an Equal Opportunity and Affirmative Action Employer encouraging diversity in the workplace. All qualified applicants will receive consideration for employment without regard to their race, color, creed, religion, national origin, citizenship status, ancestry, sex, age, physical or mental disability, marital status, family responsibilities, pregnancy, genetic information, sexual orientation, gender expression, gender identity, transgender, sex stereotyping, protected veteran or military status, and other categories protected by federal, state or local law.