Senior Federal Tax Planning Analyst - Chicago, IL

Constellation Energy

Chicago, IL Posted 12/18/2024 Full Time

WHO WE ARE

As the nation's largest producer of clean, carbon-free energy, Constellation is focused on our purpose: accelerating the transition to a carbon-free future. We have been the leader in clean energy production for more than a decade, and we are cultivating a workplace where our employees can grow, thrive, and contribute.

Our culture and employee experience make it clear: We are powered by passion and purpose. Together, we're creating healthier communities and a cleaner planet, and our people are the driving force behind our success. At Constellation, you can build a fulfilling career with opportunities to learn, grow and make an impact. By doing our best work and meeting new challenges, we can accomplish great things and help fight climate change. Join us to lead the clean energy future.

TOTAL REWARDS

Constellation offers a wide range of benefits and rewards to help our employees thrive professionally and personally. We provide competitive compensation and benefits that support both employees and their families, helping them prepare for the future. In addition to highly competitive salaries, we offer a bonus program, 401(k) with company match, employee stock purchase program comprehensive medical, dental and vision benefits, including a robust wellness program paid time off for vacation, holidays, and sick days and much more.

Expected salary range of $110,700 to $123,000, varies based on experience, along with comprehensive benefits package that includes bonus and 401(k).

PRIMARY PURPOSE OF POSITION

Constellation&rsquos Federal Tax Planning team is looking for a dynamic tax professional who will be support its federal tax planning and audit activities.

The position proactively identifies, evaluates, and implements opportunities to minimize the Company&rsquos federal tax burden. Serves as a specialized technical resource on matters related to federal taxation. Supports cross-functional project teams to implement federal tax strategies, and also assists the Tax Department&rsquos involvement in corporate transactional matters and other legal matters. Works closely with the Federal Tax Planning team, in coordinating the Company&rsquos tax policy considerations and related efforts, monitoring and evaluating pending federal tax legislation and regulatory and administrative guidance and assists with coordinating with the IRS on audit matters.
PRIMARY DUTIES & ACCOUNTABILITIES
  • Research, analyze and present recommendations to tax leadership with respect to tax planning initiatives, including the evaluation of M&A and new business opportunities, accounting method changes, private letter ruling requests, and other tax planning strategies.
  • Monitor legislative changes to U.S. federal tax laws, evaluate impact of changes, and identify opportunities and risks.
  • Assist with defending the Company&rsquos tax positions at the examination and appeals levels when challenged by taxing authorities, including drafting responses to written and verbal inquiries from the IRS and assisting with negotiation of settlements.
  • Research the appropriate tax accounting treatment for audit results and prepare supporting memoranda and documentation.
  • Provide feedback to the tax compliance function regarding audit findings to continuously improve compliance processes.
  • Work closely with outside advisors on both audits and tax planning initiatives.

MINIMUM QUALIFICATIONS

  • An LLB or JD from an accredited law school with minimum of 3 years&rsquo professional tax experience focusing on large publicly traded corporations, including a combination of industry and either public accounting or law firm experience -or- Undergraduate degree in accounting or other financial discipline with minimum of 5 years&rsquo experience with at least 3 years or more of professional tax experience focusing on large publicly traded corporations.
  • Excellent organizational, written, verbal and analytical skills.
  • Good working knowledge of all major areas of federal tax law.
  • Good technical tax research skills.
  • Experience with IRS examinations.

PREFERRED QUALIFICATIONS

  • Certified Public Accountant and/or advanced degree (JD, MST or LLM).
  • Industry Experience.
JOB LOCATION:
Chicago, IL 60604

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