Manager - Tax Planning

About the role

Must develop a working relationship with business unit managers and leaders on a regular basis regarding the tax implications for various transactions. Develop close working relationships with other functions within the tax department (compliance, financial reporting, and indirect) and consult with affiliates. Serve as a tax business partner for affiliates across TotalEnergies' multi-energy portfolio (E&P, refining, Integrated Power, and Trading), acting either in a lead or 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.

Responsibilities

• High-level decision making regarding tax research, planning, and modeling of tax implications for 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 across the lifecycle of wind, solar, storage, and other renewable energy projects, including pre-construction securing of credits, BOC strategy, PWA, Domestic Content, IRA and OBBB impact, tax equity structures, tax credit sales, and registration process.
• Provide tax technical leadership by staying abreast of changes in federal tax laws and ensuring appropriate documentation to support tax positions.
• Formulate and present tax advice to upper management regarding IRS audit issues and proposed transactions involving US legal structures and investments.
• Identify cost-saving opportunities in tax optimization or process improvements.
• Participate in staff development and knowledge transfer.
• Ensure appropriate hand-off of planning activities to the compliance group.
• Understand the financial statement impact and tax return reporting of transactions and planning positions.
• Collaborate with the indirect tax group on planning and transactions as necessary.
• Participate in departmental initiatives and activities for the benefit of the tax department.
• Lead projects to completion and be fully accountable for the entire lifecycle of assigned projects or transactions.
• Assist in coordinating with external tax advisors and service providers to deliver needed services.

Requires the ability to juggle and prioritize several projects with multiple deadlines and very short turnaround times. Must be comfortable working in a complex, fast-paced, and unstructured environment. Should be a self-starter with the ability to show initiative and ownership, and work collaboratively within the planning team and the rest of the tax department.

Requirements

• 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.
• Project management skills required.
• Ability to manage multiple competing priorities in a fast-paced environment.
• Strong communication, organizational, and interpersonal skills.
• Ability to communicate effectively at the executive level is critical.
• Experience with renewable energy projects, partnership tax, and understanding of financial reporting impact of tax positions.
• Ability to understand financial, deal, and tax models.

Benefits

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

• Generous PTO.
• Medical, dental, and vision care.
• HSA with company contributions.
• Health FSA.
• Commuter benefits or paid parking.
• 401(k) plan with employer match.
• Pension plan.
• Life and accident insurances.
• Generous parental leave.
• Education assistance.
• Fitness subsidy.

TotalEnergies celebrates diversity and is committed to Equal Employment Opportunity.