Tax Manager - Sustainability, Climate & Equity - Renewable Energy

at  Deloitte

Our Business Tax Services ("BTS") practice provides our clients a broad range of tax services across more than 150 countries and regions worldwide. Within the BTS practice we serve renewable energy clients that develop, build, own and operate renewable energy projects, such as wind, solar, battery storage, geothermal, biomass, and fuel cell projects. If you have a passion for renewable energy and sustainability and have relevant experience, Deloitte Tax LLP ("Deloitte Tax") may be the place for you! Experience with partnership taxation in other industries and a willingness to learn and retool in the renewable energy industry is an option. A career at Deloitte Tax will provide you with the opportunity to provide high-value tax services to some of the world’s largest companies in the renewable energy industry. Be on the cutting edge of a rapidly growing practice and work with a well-respected team of experience and knowledgeable industry professionals!

WORK YOU’LL DO:

As a Manager within the Sustainability, Climate and Equity: Renewable Energy practice, you will advise clients on tax issues related to renewable energy clients and projects. You will work with an experienced and passionate team in a growing area focused on renewable energy and sustainability, proactively collaborating with colleagues across all member firms - Tax, Advisory, Consulting, and Audit and Assurance. The ideal candidate is invested in the team’s success and effectively manages workstreams while working with leadership to identify process improvements and opportunities for new services. The Manager will ensure accurate, timely completion of deliverables. The ideal candidate will monitor current and proposed tax legislation and regulations related to renewable energy and sustainability, as well as implement client outreach strategies.

RESPONSIBILITIES:

• Manage renewable energy client engagements and participate in the targeting of new clients
• Deliver value to clients by identifying opportunities and advising clients on the potential benefits and eligibility requirements related to:
• IRC section 48 Investment Tax Credit
• IRC section 45 Production Tax Credit
• IRC section 45Q Carbon Capture Tax Credit
• IRC section 45V Clean Hydrogen Tax Credit
• Preparation of tax returns and provide advisory services related to the modeling and structuring of renewable energy tax equity structures, such as:
• Partnership flip
• Sale-leaseback
• Pass-through lease
• Maintain and develop strong internal and client relationships
• Demonstrate sound judgment and a quality-first mentality with respect to evaluating eligibility for various fact patterns
• Collaborate with member firms, including Advisory and Consulting, to execute work streams, such as cost segregation studies and tax equity financial modeling (e.g., hypothetical liquidation at book value)
• Identify potential issues and propose solutions to leadership, as well as implement process improvement strategies
• Ensure accurate and timely delivery of engagement deliverables, which may include presentation decks, executive summaries, credit calculations, completed tax forms, supporting files, memoranda, and IRS audit responses
• Monitor legislative and regulatory tax developments and work with the team to present potential opportunities to assist clients
• Develop and mentor team members
• Provide support with various internal initiatives and special tax related projects