Manager, Tax Forecasting and Investor Tax Reporting at Invenergy LLC — Chicago, IL

Job Description

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%