Manager - Tax Planning

TOTAL Deutschland GmbH; Houston, Northern (TX, KY); On-site; USD 180,000 - 240,000; Full time

Benefits offered by this job

Generous PTO

Medical

Dental & Vision care

HSA with company contributions

Health FSA

Commuter benefits or paid parking

401(k) plan with employer match

Pension plan

Life & accident insurances

Generous parental leave

Education assistance

Fitness subsidy

Job summary

TotalEnergies is seeking a senior tax planning professional to lead tax research, planning and modeling for internal reorganizations, acquisitions and tax equity structures in the US. The role collaborates with affiliates and Paris HQ to optimize tax positions while driving value creation across the organization.

Ideal candidates possess extensive experience in US corporate tax and renewable energy tax incentives, with a proven ability to communicate complex tax positions to executives and

Qualifications

• JD/LLM or Masters of Taxation preferred, 10+ years of US corporate tax experience with an in-house tax department of a major corporation, CPA firm (Big 4 preferred), large law firm or a combination thereof.
• Ability to manage multiple competing priorities in a fast-paced environment.
• Strong communication, organizational and interpersonal skills.
• Ability to communicate to executive level is critical

Responsibilities

• Must develop a working relationship with the business unit managers and leaders on a regular basis regarding the tax implications for various transactions.
• Develop close working relationships with the other functions within the tax department and consult with the affiliates
• Serve as tax business partner for affiliates across TotalEnergies multi-energy portfolio, acting either in a lead or in a supporting capacity
• Provide tax support to the rapidly growing Integrated Power business, including renewable energy, gas-fired power generation assets, and the trading of gas and electricity.
• Lead and support tax planning initiatives that align with business objectives and drive value creation across the organization.
• Accountable for leading assigned tax planning, tax research, and M&A-related projects for TotalEnergies US entities.
• Support the Head of Tax Planning in developing and implementing strategies to optimize the Company's tax position and enhance value creation.
• Collaborate with Paris Headquarters and other global stakeholders on significant tax matters, providing analysis, recommendations, and support as needed.

Skills

Communication

Organization

Interpersonal skills

Tax planning

Education

JD/LLM or Masters of Taxation

Job description

• Must develop a working relationship with the business unit managers and leaders on a regular basis regarding the tax implications for various transactions.
• Develop close working relationships with the other functions within the tax department (compliance, financial reporting and indirect) and consult with the affiliates
• Serve as tax business partner for affiliates across TotalEnergies multi-energy portfolio (E&P, refining, Integrated Power, and Trading), acting either in a lead or in a supporting capacity, based on the needs of the tax planning department.
• Provide tax support to the rapidly growing Integrated Power business, including renewable energy, gas-fired power generation assets, and the trading of gas and electricity.
• Lead and support tax planning initiatives that align with business objectives and drive value creation across the organization.
• Accountable for leading assigned tax planning, tax research, and M&A-related projects for TotalEnergies US entities.
• Support the Head of Tax Planning in developing and implementing strategies to optimize the Company's tax position and enhance value creation, with a focus on effective tax rate management, cash tax optimization, and tax attribute utilization.
• Collaborate with Paris Headquarters and other global stakeholders on significant tax matters, providing analysis, recommendations, and support as needed.

This position is primarily responsible for the following:

• High level decision making regarding tax research, planning, and modeling of tax implications with respect to internal reorganizations, acquisitions, tax equity structures, and dispositions.
• Evaluate and recommend structures/alternatives for proposed transactions (mergers, acquisitions, divestitures, joint ventures, inter-company transfers, etc.).
• High level decision making regarding research projects and developing and supporting tax positions on issues and planning ideas.
• Renewable energy experience on all aspects of development and financing of wind, solar, storage and other renewable energy projects strongly preferred. This includes experience across the lifecycle of renewable energy projects, including pre-construction securing of credits, BOC strategy, PWA, Domestic Content, IRA and OBBB impact, tax equity structures, tax credit sales, registration process, etc.
• Provide tax technical leadership by keeping abreast of changes in the federal tax laws.
• Ensure development of appropriate documentation of positions to support tax positions.
• Formulating and presenting tax advice to upper management regarding IRS audit issues and proposed transactions involving US legal structures and investments.
• Identifying cost saving opportunities in terms of tax optimization or process improvements.
• Participating in staff development and knowledge transfer.
• Ensure appropriate hand-off of planning activities to the compliance group. Have a keen understanding of the financial statement impact and tax return reporting of transactions and planning positions.
• Involve and work closely with indirect tax group, as necessary, on planning and transactions.
• Participate in departmental initiatives and activities for the benefit of the tax department
• Requires an ability to lead a project to completion – and be fully accountable for the entire life cycle of any project or transaction that is assigned.
• Experience with and understanding financial reporting impact of tax positions and ability to understand financial, deal and tax models is desired.
• Ability to juggle and prioritize several projects with multiple deadlines and very short turnaround.
• Assisting in coordinating with external tax advisors and service providers to deliver needed services.
• Comfortable working in a complex, fast-paced and unstructured environment
• Self-starter and ability to show initiative and ownership
• Willingness to be a team player and work in a collaborative manner within planning and with the rest of the tax department.

Qualifications / Experience required

• JD/LLM or Masters of Taxation preferred, 10+ years of US corporate tax experience with an in-house tax department of a major corporation, CPA firm (Big 4 preferred), large law firm or a combination thereof.
• Ability to manage multiple competing priorities in a fast-paced environment.
• Strong communication, organizational and interpersonal skills.
• Ability to communicate to executive level is critical

About TotalEnergies

TotalEnergies is a major energy company, which produces and markets fuels, natural gas and low-carbon electricity. Over 100,000 employees are committed to better energy that is safer, more affordable, cleaner and accessible to as many people as possible. Active in more than 120 countries, TotalEnergies ambition is to achieve carbon neutrality by 2050 or sooner. The US Government is engineering a major transformation of the US economy with ambitious goals to cut GHG emissions in half by 2030 and reach net-zero emissions by 2050.

What We Provide

TotalEnergies offers a robust comprehensive benefits package available to employees on the first day of hire.

• generous PTO
• medical
• dental & vision care
• HSA with company contributions
• health FSA
• commuter benefits or paid parking
• 401(k) plan with employer match
• pension plan
• life & accident insurances
• generous parental leave
• education assistance
• fitness subsidy and more

TotalEnergies celebrates diversity and is committed to Equal Employment Opportunity. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex (including pregnancy, sexual orientation, or gender identity), national origin, age, protected veteran status, disability status or any other category protected under applicable federal, state or local law. We are also committed to providing reasonable accommodations for qualified individuals with disabilities and disabled veterans in our job application procedures. All aspects of employment including the decision to hire, promote, discipline, or discharge, will be based on merit, competence, performance, and business needs.

TotalEnergies believes that diversity and inclusion among our teammates is critical to our success as a global company, and we seek to recruit, develop, and retain the most talented people from a diverse candidate pool.

International Consideration

TotalEnergies regrets that it is unable to sponsor employment Visas or consider individuals on time-limited visa status for this position.