Senior Tax Analyst, SALT Planning - Chicago, IL

Constellation Energy; Chicago (IL); On-site; USD 104,000 - 115,000; Full time

Job summary

Constellation Energy seeks a SALT Senior Analyst to apply state and local tax knowledge to audits, planning, and risk assessment. You will review returns, assist with corporate income/franchise, property and transaction taxes, and draft memoranda.

The role requires strong research, analytical and written communication skills, with ability to work independently and collaborate with Tax and Finance teams. Bachelor degree in accounting/finance and 3+ years experience required.

Qualifications

• Bachelor's Degree in Accounting, Finance, or related field.
• 3 years of experience in state sales/use and/or income/franchise tax consulting and planning, or 4 years total including 2 years in a large public accounting or tax firm.
• In-depth knowledge of state tax laws, rules, and regulations.
• Excellent research, analysis, and writing/verbal communication skills.
• Ability to work independently, with minimal supervision.

Responsibilities

• Investigate and resolve state tax issues, including returns, planning strategies, and examinations.
• Assist with complex state tax planning strategies and identify opportunities to minimize tax burden.
• Review tax workpapers, schedules, and state tax returns to ensure compliance and proper accounting.
• Research complex state tax matters and prepare supporting memoranda.

Skills

Research skills

Analytical thinking

Communication skills

Education

Bachelor's degree in accounting/finance

Job description

Who We Are

As the largest private-sector power producer in the world and the nation's largest producer of clean and reliable energy, Constellation is focused on our purpose: lighting the way to a brilliant tomorrow for all. 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. Now integrated with Calpine, our portfolio includes 55 gigawatts of capacity from nuclear, natural gas, geothermal, hydro, wind and solar facilities, with the generating capacity to power the equivalent of 27 million homes.

Total Rewards

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

Expected salary range of $103,500 to $115,000, varies based on experience, along with comprehensive benefits package that includes bonus and 401(k).

Primary Purpose of Position

The State and Local Tax Senior Analyst ("SALT Senior") applies state and local tax knowledge in assisting with state and local tax audits, aiding in tax decisions, identifying tax planning opportunities and risks, and implementing tax planning. This individual researches various state tax issues to arrive at the most advantageous and proper treatment under the tax law and documents the analysis and conclusions. The SALT Senior reviews state tax returns and supporting schedules to confirm that the appropriate positions are taken, assists with the corporate-wide state income/franchise, property tax, and transaction tax issues, and drafts a wide range of state and local tax memoranda. Stays abreast of state and local tax developments and informs team members of the same.

Primary Duties and Accountabilities

• Investigates and resolves technical state tax issues, including those related to tax returns, planning strategies, and examinations by state tax authorities gathers data, formulates position statements, and coordinates or negotiates during audits.
• Assists with the implementation of complex state tax planning strategies and addresses a broad range of related issues, leveraging technical knowledge to identify opportunities to minimize the company's state tax burden.
• Reviews tax workpapers, schedules, reports, and correspondence, as well as state tax returns and payments, to ensure compliance and proper accounting for state income taxes.
• Researches complex state tax matters to determine the most appropriate and advantageous treatment under applicable laws, including preparation of supporting memoranda (e.g., ASC 740).

Minimum Qualifications

• Bachelor's Degree in Accounting, Finance, or related field
• 3-years of experience in state sales/use and/or income/franchise tax consulting and planning, or 4-years of overall experience including 2-years with a large public accounting or tax consulting firm in a similar role
• Gathers data, formulates position statements, coordinates, or negotiates with respect to examinations by state tax authorities.
• In-depth knowledge of state tax laws, rules, and regulations
• Excellent research, analysis, and writing/verbal communication skills
• Ability to work independently, collaboratively with minimal supervision
• Proven ability to collaborate and foster relationships within the Tax team and with key functions such as Accounting, FP&A, Legal, and Treasury
• Demonstrated experience in supervising administrative personnel and interns in alignment with organizational needs

Preferred Qualifications

• Advanced degree in a relevant discipline
• Certified Public Accountant (CPA)
• Big-4 experience or large CPA firm experience