Tax Analyst

Requisition ID: 97894

Florida Power & Light Company is the largest electric utility in the U.S., providing reliable energy to nearly 12 million Floridians. With one of the nation’s most fuel-efficient, cost-effective power generation fleets and industry-leading reliability, we’re redefining what’s possible in energy. Want to be part of something powerful? Join our outstanding team and help shape the future of energy.

Position Specific Description

Income Tax Accounting & Compliance

• Prepare income tax provisions in accordance with ASC740 and ASC980

• Prepare and review federal and state income tax returns and supporting workpapers

• Support tax accounting reconciliations, deferred tax calculations, and related analyses

• Assist the Tax Controversy Group with tax audit and information requests from taxing authorities

Regulatory Reporting

• Prepare quarterly and annual Federal Energy Regulatory Commission (FERC) Form 1 filings, including tax-related schedules and supporting documentation

• Prepare and support Transmission Formula Rate True-Up and Projection filings

• Research and analyze regulatory requirements to ensure accurate and timely reporting

Tax Depreciation

• Calculating tax depreciation

• Preparing basis reconciliations

• Performing gain/loss calculations related to asset dispositions

• Reconciling fixed asset and tax depreciation data across systems

Forecasting & Planning

• Assist with the preparation of tax forecasts, budgets, and projected cash tax analyses

• Support modeling and analysis of tax impacts related to business transactions, capital investments, and operational initiatives

• Provide analytical support for tax planning and financial reporting activities

Process Improvement & Technology

• Identify opportunities to improve existing tax and reporting processes through automation, technology, and innovation

• Develop and maintain analytical tools, dashboards, and reporting solutions utilizing Alteryx and other technology platforms

• Collaborate with cross-functional teams to improve data quality, reporting efficiency, and system integration

Must Have Skills

• Excellent analytical, problem-solving, and data analysis skills

• Strong attention to detail and ability to manage multiple priorities in a deadline-driven environment

• Proficiency in Microsoft Office applications, including: MS Excel, Power Point, Word

• Excellent verbal and written communication skills

• Ability to work independently and collaboratively across teams

Desired Skills

• Experience with financial accounting and tax systems, including: SAP, SAP BW, PowerPlan, CorpTax, OneSource Tax Provision, and Utilities International

• Experience performing tax research and interpreting tax regulations

• Experience working in the utility, energy, or regulated industry sectors

• Knowledge of FERC reporting requirements and transmission formula rate filings