What are the responsibilities and job description for the Director of Tax - Battery Storage position at Plus Power?
Job Description
Job Description
Company Overview
Plus Power is an energy storage market leader, with a market-leading 10 GW portfolio across more than 25 US states and Canadian provinces that will transform North American electric grids into cleaner and more versatile critical infrastructure.
Standalone energy storage is rapidly transforming the North American energy markets, because it is cheaper than new natural gas plants, faster to build than fossil peakers or transmission, and able to perform diverse energy services. Plus Power partners with electricity system operators, utilities, and investors to originate, develop, finance, own and operate standalone energy storage projects that provide critical services to the wholesale electric market. Plus Power's team applies an intentional mindset to energy storage development by using a data-driven approach to development and operations.
At Plus Power, we are focused on solving hard climate problems, profitably. We are growing fast, and value candidates who, like us, share a focus on setting high expectations, owning and learning from mistakes in the spirit of radical transparency, and are committed to internal partnering as a key element of our ideas meritocracy. Our team praises Plus Power's culture and excels through our game-changing mission and supportive ecosystem.
About the Role
Plus Power recruits outstanding energy industry professionals who are driven to develop, build and operate assets safely and reliably to decarbonize the power markets while growing their careers. Our team looks for data-driven and fact-based mindsets, engaging and collaborative behaviors, and personal growth-focused professionals.
In order for the global energy system to make the transition from a carbon-based grid, to a renewable energy grid, large scale energy storage must be introduced into the electricity system to balance intra-hour supply and demand. Energy storage is the enabler of high penetration variable renewable generation like solar and wind.
We are looking for a Director of Tax to join the Accounting Team to lead the strategic tax planning and compliance functions for our renewable energy development and independent power production operations. This role combines deep tax expertise with specific knowledge of renewable energy tax incentives, structuring, and compliance requirements.
Responsibilities
Strategic Tax Planning & Advisory
- Lead tax strategy development and implementation across the organization's development, construction, and operational portfolios
- Provide strategic counsel on the tax implications of business decisions, including M&A activities, project development, and corporate restructuring
- Optimize utilization of renewable energy tax incentives, including the Investment Tax Credit (ITC), and other federal and state incentives
- Assist the Project Finance team in structuring tax-efficient renewable energy project deals, including tax equity partnerships and hybrid transfer deals
Tax Compliance & Reporting
Leadership & Management
Project & Risk Management
Qualifications
Compensation, Location, and Benefits
Highly competitive total compensation from one of North America's leading energy storage developers, owners and operators. Flexible, work from home or hybrid work from Plus Power's offices in San Francisco, Houston, Chicago, Seattle, and Palm Beach.
The expected salary range
Plus Power offers a competitive and comprehensive benefits program, unlimited vacation, flexible remote work, work from home stipend, educational assistance, parental leave, and a highly engaging company culture with opportunities for in-person connection and learning and growth.
The deadline
Plus Power is committed to a diverse and inclusive workplace where people of all backgrounds can thrive. Plus Power is an equal opportunity employer and does not discriminate on the basis of race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or other legally protected status.
Salary : $225,000