Senior Tax Accountant - Energy

Headquarters; Texas; On-site; USD 90,000 - 140,000; Full time

Job summary

Ferrovial is seeking a Senior Tax Accountant- Energy to lead the full lifecycle of tax credit qualification, structuring and monetization for U.S. renewable energy projects.

The role collaborates with Legal, Procurement, Asset Management, Corporate Tax and Project Finance across solar, wind and storage assets. The ideal candidate will oversee ITC processes, advise on property and sales tax matters, and develop internal policies while coordinating with external advisors.

Qualifications

• Experience with renewable energy tax credits (ITC) and tax equity.
• Experience advising utility-scale renewable energy projects on property tax matters, valuation, exemptions and abatements.
• Experience advising on sales and use tax implications in renewable energy development, procurement, construction and operations.

Responsibilities

• Lead tax credit qualification and monetization analyses across solar, wind and storage assets.
• Monitor ITC claim processes under IRC 48/48E across portfolios, including storage.
• Support development, financing and accounting teams on tax considerations affecting project economics.
• Conduct due diligence for M&A from a tax credit eligibility perspective, including start-of-construction analyses.
• Develop and maintain internal tax credit qualification policies and procedures.
• Review and maintain documentation required by TEIs, transferees and IRS (cost segregation, FMV appraisals, base case models).
• Track compliance with covenants, consents and approvals under Tax Equity/Transfer agreements and recapture monitoring.
• Monitor IRS guidance and market developments affecting renewable energy tax incentives.

Skills

Property tax

Indirect taxes

Tax credits

Tax equity

Sales tax

Job description

Join Ferrovial: Where Innovation Meets Opportunity

Are you ready to elevate your career with a global leader in infrastructure solving complex problems and generating a positive outcome on people’s lives? At Ferrovial, we are not just a company; we are a community of innovators and trailblazers. Ferrovial is also leading the development of the New Terminal One at JFK International Airport. Ferrovial shares trade under the ticker symbol FER on two stock markets: Nasdaq in the U.S. (Nasdaq100 Index) and the Spanish Stock Exchanges (IBEX 35). Ferrovial is included in globally recognized sustainability indices such as the Dow Jones Best-in-Class Index. We operate in more than 15 countries and have a workforce of over 22,000 professionals worldwide. Ferrovial’s activity is carried out through our business units, including Highways, Airports, Construction, and Energy.

Our Corporate organization oversees business activities, providing strategic planning, communication, legal, finance and human resources services to the business units. As a member of our corporate organization, you will have a broad view of our company, further supporting your career development.

Why Ferrovial?

• Global presence, local impact: Be part of a company that is shaping the future of infrastructure worldwide, with challenging roles and projects that make a real difference.
• Collaborative excellence: Work alongside talented professionals in a collaborative environment where your ideas and contributions are valued.
• Inclusive Culture:Thrive in an innovative and respectful workplace that values every voice, celebrates what makes us unique and turns differences into innovation.
• Career growth: Benefit from global and cross-business unit mobility, with development processes designed to ensure your professional growth.
• Compelling benefits and employee wellbeing: Enjoy a comprehensive benefits package that rewards your hard work and dedication and take advantage of initiatives designed to support your physical and psychological health.
• Productivity tools: Utilize cutting-edge tools like Microsoft Copilot to enhance your productivity and efficiency.

Job Description:

Senior Tax Accountant- Energy

About the Role
This role is responsible for the full lifecycle of tax credit qualification, structuring, monetization, due diligence, valuation, compliance and documentation review of U.S. renewable energy tax equity and tax credit transfer transactions, as well as tax-credit related considerations arising during the development, acquisition, construction, financing and disposition of renewable energy projects. The role will serve as the subject matter expert for tax credit incentives and will work closely with Legal, Procurement, Asset Management, Corporate Tax, Project Finance, Financial Modelling, Accounting and external advisors across the portfolio's solar, wind and storage assets to support projects from early-stage development and tax credit monetization planning through tax credit bridge financing, tax equity financings, and tax credit transfers.

• Lead analysis of eligibility for federal renewable energy tax incentives, including IRC Sections 48 and 48E Investment Tax Credit (ITC)
• Monitor and manage the ITC claim process under IRC Section 48/48E across the asset portfolio — including standalone energy storage (BESS) property.
• Support project development, project management and financing teams in evaluating tax considerations impacting project economics and investment decisions.
• Conduct due diligence for M&A opportunities from a tax credit eligibility perspective, including beginning of construction and continuity safe harbor analyses under applicable IRS guidance.
• Assist in developing and maintaining internal tax credit qualification policies and procedures, as well as evaluating tax-credit risks associated with EPC contract and supply agreements.
• Documentation review: Review, validate and maintain the supporting documentation required by TEIs, transferees and the IRS — cost segregation reports, independent fair market value appraisals, and base case models.
• Ongoing obligations: Track compliance with reporting covenants, consents and approvals under Equity Capital Contribution Agreements, Tax Equity Partnership LLC Agreements and Tax Credit Transfer Agreements (TCTAs), including placed in service analyses and recapture-risk monitoring over the applicable 5-year recapture period.
• Regulatory monitoring: Prevailing Wage and Apprenticeship requirements, Domestic Content requirements, FEOC/PFE compliance requirements, track IRS pre-filing registration requirements and reporting deadlines applicable to transferred credits, flagging risks to credit eligibility early.
• Counterparty relationship management: Act as the day-to-day point of contact with TEIs, transferees, outside counsel and accountants for documentation requests, confirmations and resolution of open items.
• Reporting: Prepare periodic status reporting to senior management on the health of the tax equity and tax credit transfer portfolio. Monitor IRS guidance, Treasury regulations and market developments affecting renewable energy tax incentives.

Required qualifications

• Property and Indirect Taxes experience:
• Renewable energy tax credit and tax equity experience
• Experience advising utility scale renewable energy projects on state and local property tax matters reviewing property tax assessments, valuation methodologies, rendition filings, exemptions, and abatement agreements applicable to renewable energy projects.
• Experience advising sales and use tax implications associated with renewable energy development, procurement, construction and operations.

Seize the challenge. Move the world together! Innovative, creative, respectful, and diverse are some of the ways we describe ourselves. We are motivated by challenges, and we collaborate across our business units to move the world together. Your journey to a fulfilling career starts here!

Ferrovial is an equal opportunity employer. We treat all jobs applications equally, regardless of gender, color, race, ethnicity, religion, national origin, age, disability, pregnancy, sexual orientation, gender identity and expression, covered veteran status or protected genetic information (each, a “Protected Class”), or any other protected class in accordance with applicable laws.

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