Manager, Tax Forecasting and Investor Tax Reporting

Tax Forecasting Manager

Invenergy is North America's largest privately held developer, owner, and operator of power infrastructure. With 25 years of trusted execution, we deliver reliable, affordable energy through a diverse portfolio that includes natural gas, solar, land-based wind, energy storage, transmission, and domestic manufacturing. Headquartered in Chicago, we develop, own, and operate large scale projects that power communities and support the energy future.

This position will be open for application for at least 3 calendar days from the posting date. This position will remain open for application based on business need, which may be before or after the 3-day posting window.

Responsibilities

• Implement, own, and improve the tax forecasting process, including taxable income calculations, cash taxes, estimated payment projections, and tax distributions and allocation calculations
• Partner with FP&A and Finance to align the tax forecast with business plans, budgets, and long-range projections and to maintain actual and forecasted books by legal entity
• Analyze forecast-to-actual variances and communicate key drivers to internal stakeholders
• Support scenario modeling and sensitivity analyses based on contemplated business planning and transactions
• Work closely with Invenergy's tax planning team to monitor tax law changes and analyze transaction impacts, and review complex calculations with Invenergy's tax compliance team to maintain forecasting accuracy
• Prepare and review investor tax reporting deliverables (e.g., K-1 equivalent information, investor tax packages, supporting schedules, as applicable)
• Serve as a key contact for tax-related questions from investors and internal stakeholders
• Manage relationships with internal stakeholders, including presenting quarterly results to company's senior leadership
• In addition to the core responsibilities in forecasting, own and maintain complex tax compliance calculations that require quarterly updates for estimated taxable income calculations (e.g., Section 163(j) limitations, transaction analysis)
• Create and own processes and workpapers to retrieve data from the company's system applications such as Oracle and OneStream to assist tax return preparation

Minimum Qualifications

• 7+ years of progressive tax experience
• Bachelor's degree in Accounting, Finance, or a related field; Master's in Taxation or CPA certification is a plus
• Eligible to work in the United States without the need for employer visa sponsorship now or in the future.

Preferred Qualifications

• Experience preparing and presenting clear, concise presentation materials to senior leadership
• Strong knowledge of U.S. and state tax principles and its implication to individuals and corporations
• Experience with partnership taxation
• Prior experience in the energy, power, real estate, manufacturing, or infrastructure sectors
• Self-starter with a strong ability and desire to quickly learn new areas of tax as the business evolves
• Comfortable working with new rules and ambiguity to develop thoughtful analysis and guidance
• Positive mindset with a focus on identifying improvements and solutions
• Analytical and solutions-oriented, with the ability to work independently and collaborate cross-functionally
• Strong cross-functional project management skills
• Detail oriented and adaptable in a fast-paced environment
• Excellent oral and written communication skills
• Proficiency with software and system applications such as Oracle, Excel, OneStream, MS Word, PowerPoint, with the ability and desire to learn internal applications
• Experience with financial modeling, forecasting, or tax provision-adjacent processes (e.g., book-to-tax difference analysis, intercompany allocation methodologies, data gathering from GL)
• Ability to handle high levels of pressure in a fast-paced environment and apply critical decision making with constantly shifting priorities with a continuous improvement mindset
• Flexibility to increase hours and work during some evenings and weekends during peak seasons or events (e.g., deal closings, legislative or regulatory changes, and return filing deadlines), including supporting other team members to meet team objectives when core tasks are completed.

Base Pay

$125,000.00 - $170,000.00 USD Annual Bonus: 25% - 40%

The base pay range reflects the minimum and maximum target salary for the position. Invenergy considers a number of factors when determining base pay offers such as the scope and responsibilities of the position and the candidate's experience, education and skills. In addition to base pay, the total annual compensation package may also include eligibility to participate in our bonus program(s) which are designed to reward individual and company performance. Your recruiter can share more about bonus eligibility for this position during the hiring process. Invenergy offers a variety of other benefits including medical, dental and vision insurance, 401k, paid time off, etc.

Invenergy LLC is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to, among other things, race, color, religion, sex, sexual orientation, gender identity, national origin, age, status as a protected veteran, or disability.