Tax Manager
Chicago, IL, US, 60654
RWE Americas, LLC
To start as soon as possible, full time, permanent
Functional area: Finance / Controlling
Remuneration: Exempt
RWE Americas is looking for a Tax Manager to support U.S. tax planning on our renewable and gas generation energy portfolio. As part of the RWEA Tax team, you will be a key contributor on joint venture (“tax equity”) investments, tax credit transfers, and similar structured transactions. You will also support tax planning for development projects seeking board approval and for projects moving from development into construction and operations. You will resolve complex tax matters, review the work of more junior team members, and serve as a trusted point of contact for business partners and external advisors. As our U.S. business grows, this role offers significant exposure to complex transactions and the opportunity to add real value to our portfolio.
Role Responsibilities:
- Analyze the tax implications of joint venture partnerships, tax equity structures, and tax credit transfer transactions, and communicate findings and recommendations to internal stakeholders
- Structure and execute transactions under Sections 45, 48, 45Y, and 48E, including analysis of credit eligibility, bonus credit adders (domestic content, energy communities), and applicable credit phase-out and termination rules, escalating the most complex matters to senior tax leadership
- Perform beginning-of-construction analysis and documentation, and track project milestones and continuity requirements
- Assess compliance with prohibited foreign entity (FEOC) restrictions, including effective control and material assistance
- Build and use tax models to assess the impact of tax law changes and transactions, and partner with Structured Finance and Investment and Valuation teams on detailed financial and tax modeling to optimize projects and solve for constraints
- Review and challenge inputs from internal and external experts to long-term project projections
- Prepare technical memos and internal documentation that support tax positions and transaction structures
- Work cross-functionally with finance, legal, procurement, and operations to align tax planning and compliance with business goals
- Serve as a point of contact for external consultants and counsel on significant tax matters, with oversight from senior tax leadership
- Assist in long-term federal and state tax planning
- Monitor federal and state legislative and regulatory developments and assess potential impacts on the business
- Review the work of associates and senior associates to ensure technical accuracy, and provide mentorship and training to junior staff
Job Requirements and Experience:
- Bachelor's degree in Accounting, Finance, or a similar field (required)
- Minimum 5 years of tax experience, including experience with partnerships and/or tax credit investments (required)
- Advanced knowledge of tax law with experience managing workstreams for complex tax matters (required)
- Experience with corporate and partnership income tax (required)
- Strong technical writing skills, including preparing tax memos and internal documentation (required)
- Proficiency in Microsoft Office, particularly advanced Excel (required)
- Strong analytical, modeling, and communication skills, and the ability to work cross-functionally and manage multiple workstreams in a fast-moving environment
- Experience with tax equity, tax credit transfers, or renewable energy tax credits (Sections 45, 48, 45Y, 48E)
- Familiarity with FEOC/prohibited foreign entity rules and beginning-of-construction guidance
- Experience reviewing the work of, and mentoring, junior tax professionals
- Working knowledge of U.S. GAAP and IFRS income tax accounting (tax provision)
- Experience in mergers and acquisitions (M&A) and/or other tax consulting roles
- CPA, Master’s in Taxation, or JD/LLM
- Exposure to non-income taxes
- Strong interpersonal skills, with ability to manage customer relationships
- Demonstrated desire to learn about the Company and the renewables space
- Excellent proficiency with Microsoft Office (Excel, Word, PowerPoint, Outlook) and Teams
- Strong leadership and communication, and ability to meet deadlines
- Strong organization skills and ability to coordinate multiple tasks and deliverables
- Ability to multi-task, while working independently and as part of a team
- Motivated self-starter, goal-oriented, and strong problem-solving abilities
- Proven ability to empathize, build relationships, and effectively communicate with people from a diverse set of backgrounds
- Responds well to direction, is easy to challenge and develop, and is coachable
- Is detail-oriented, has strong business acumen, and a sound understanding of business concepts
Applicants must be legally authorized to work in the United States. RWE Americas is unable to sponsor or take over sponsorship of employment visas at this time.
Pay range: The annual base salary range for this position in illinois is $115,000 - $150,000. The listed salary range represents our good faith estimate for this position and represents the range for new hire salaries across all U.S locations. Please note that the salary information is a general guideline only. RWE considers factors such as (but not limited to) scope and responsibilities of the position, candidate’s education & work experience, training & certifications, and key skills as well as market and business considerations at the time of the offer.
Benefits offered: Medical, Dental, Vision, Life Insurance, Short-Term Disability, Long-Term Disability, 401(k) match, Flexible Spending Accounts, EAP, Education Assistance, Parental Leave, Paid time off, and Holidays. Eligible employees also participate in short-term incentives, in addition to salary.
Apply with just a few clicks: ad code 93773
Any questions? Contact HR: rwe_americas_recruiting@rwe.com
We look forward to meeting you. Of course, you can find us on LinkedIn, Instagram, Facebook, YouTube and Xing, too.
All qualified applicants will receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity, religion, national origin, disability, veteran status, or other legally protected status.
RWE Americas, a subsidiary of RWE, is a US-based energy company that is helping to meet the growing demand for energy across the United States. Backed by RWE’s 125-year global legacy of managing diverse power assets, RWE Americas operates approximately 13 GW of power projects across 27 states. With a talented workforce of 2,000 employees, RWE Americas develops, constructs and operates wind, solar and battery storage projects, along with natural gas-powered generation, that safely deliver affordable, reliable electricity to our customers. Committed to responsible development, RWE Americas invests in local and rural communities, creating jobs and partnering with stakeholders to support and strengthen the places where we live and work. Learn more about how RWE Americas is generating impact at americas.rwe.com.
At RWE Americas, we foster a culture defined by our Essential Behaviors - Have Courage, Create Impact and Actively Collaborate. We encourage bold thinking and continuous learning, and we value ownership, resilience and inclusion in everything we do. When you join us, you become part of a team that supports your development, respects your contributions and celebrates shared success. This is a place where you can grow your career and make a meaningful difference.
Nearest Major Market: Chicago
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