Director of Tax - Battery Storage

February 20

Apply Now

Receive Emails with Similar Jobs

Plus Power

WebsiteLinkedInAll Job Openings

Plus Power is a company committed to transforming the electric grid by developing, owning, and operating battery energy storage systems that provide efficient and reliable grid services. With projects in over 28 U. S. states and Canadian provinces, it enhances grid stability by storing excess energy and injecting it back into the grid during peak demand. Plus Power's battery facilities, such as the Kapolei Energy Storage project and the Sierra Estrella Energy Storage facility, demonstrate significant achievements in renewable integration and grid resilience. The company plays a pivotal role in solving climate challenges by offering flexible and fast-dispatch energy solutions, uniquely providing power plant-like services at scale. Plus Power's initiatives ensure enhanced power reliability and energy resilience, supporting the transition to sustainable energy sources and aiding grids in managing renewable energy more effectively.

Energy Storage • Renewable Energy • Project Origination • Project Development • Market Analysis

51 - 200 employees

⚡ Energy

💰 $219M Debt Financing on 2021-11

📋 Description

• 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 • Oversee preparation and filing of federal, state, and local tax returns for multiple entity structures • Manage tax provisions and supporting documentation for financial statements under GAAP • Ensure compliance with tax equity partnership requirements and tax reporting obligations • Direct internal controls and procedures for tax processes to maintain accuracy and timeliness • Build and lead a high-performing tax team, providing mentorship and professional development • Collaborate with Finance, Legal, Development, Commercial, and EPC teams on complex transactions and strategic initiatives • Manage relationships with external tax advisors, auditors, and investors • Present tax matters to executive leadership and board of directors • Monitor and analyze tax legislation affecting renewable energy sector • Assess and mitigate tax risks across the organization • Lead tax due diligence for acquisitions and divestitures • Manage tax authority audits and examinations

🎯 Requirements

• Bachelor's degree in Accounting, Finance, or related field; CPA required • Master's degree in Taxation or Law degree (JD/LLM) preferred • Minimum 10+ years of progressive tax experience, including significant renewable energy sector exposure • Deep understanding of renewable energy tax incentives and project finance structures • Extensive knowledge of partnership taxation and tax equity structures • Strong technical abilities in federal and state tax compliance and reporting • Proven leadership experience managing teams and complex projects • High degree of business acumen, discretion, and professionalism • Big 4 public accounting background, preferred • Specific Renewables/Power & Utilities experience preferred • Knowledge of international tax planning and compliance preferred • Demonstrated ability to work collaboratively and effectively in a cross-functional environment with both technical and non-technical team members who are geographically dispersed • Excellent written and verbal communication skills, with the ability to present complex technical information to diverse audiences • Intermediate to advanced proficiency in the Microsoft suite of tools and applications including Outlook, Word, PowerPoint, and Excel.

🏖️ Benefits

• Unlimited vacation • Flexible remote work • Work from home stipend • Educational assistance • Parental leave • Engaging company culture with opportunities for in-person connection and learning