Job Description

At Repsol, we are committed to equality and do not request personal information.

We believe that diversity contributes to innovative ideas and provides added value that enables us to benefit from mutual learning and perform our best work. Here, what counts is your experience and your ability to create value. We offer you the opportunity to grow professionally, develop your career with challenging projects and collaborate with talented people worldwide. As a company committed to diversity and inclusion, we encourage all professionals who meet the job description requirements to apply.

Senior Tax Specialist Renewables North America

Repsol is one of the world\xe2\x80\x99s leading multi-energy providers, headquartered in Madrid, Spain. Our objective is to advance in the energy transition and reduce the emissions of our operations and products in line with the goals set out by the Paris Agreement. The low-emissions generation business is one of the pillars of our strategy to be a net-zero emissions company by 2050, targeting low-emission generation capacity to reach 6GW by 2025 and 20GW by 2030.

Repsol\xe2\x80\x99s renewable operations in Spain include hydropower plants, combined gas cycles, wind farms and solar. We also have renewable wind energy and solar energy assets in Chile, France, Italy, and Portugal.

In the summer of 2021, Repsol expanded its renewables operations to the US through the acquisition of 40% of a large, U.S.-based PV solar and battery storage project developer. This transaction marked Repsol\'s first foray into the U.S. renewables market. It complements our company\'s capabilities and portfolio and adds a solid platform with strong growth potential. The U.S. renewables market is one of the largest, most attractive, and fastest growing in the world. We are currently building a portfolio of 2.2GW renewable energy generation in the U.S., of which around 780MW will be operational early 2024. Our U.S. portfolio will grow to around 8GW by 2030.

For our CFO Renewables team in Houston, we are seeking an experienced Senior Tax Specialist to play a key role in supporting and coordinating all US tax affairs relating to our renewable\xe2\x80\x99s operations in North America, reporting to the Tax Manager Renewables North America.

Responsibilities:

• Support the Tax Manager with handling all US tax affairs of Repsol\xe2\x80\x99s renewables operations in the US, including Federal, State and Local income taxes, US sales & use taxes, property, and excise tax obligations.
• Perform analysis of tax attributes monetization options, structuring of debt and equity, internal reorganization and sell down to optimize the financing necessary for building out and putting into operation the projects within the Repsol Renewables US pipeline.
• Work with external advisors on development of financial and tax model, cost segregation and valuation models to provide analysis related to maximizing monetization of tax attributes.
• Assist with planning / modeling of the evolution of the U.S. taxable base to optimize financing and performance of the U.S

renewables portfolio. * Monitor anticipated changes in legislation, analyzing its potential impact on the group and opportunities to minimize or maximize such impact.

• Perform technical tax research and analysis for special initiatives (property tax/IRB, etc)
• Coordinate with advisors on the preparation of annual Federal / State and tax returns for the US renewables operations
• Coordinate filing of periodic transactional reporting (1099\xe2\x80\x99s, etc)
• Tax reporting to headquarters in Spain
• Assist in implementing and maintaining transfer pricing policies.

Qualifications

• Must be authorized to work in the US for any US employer.
• 10+ years of work experience; including experience with direct taxes, indirect taxes and accounting for income taxes
• Master of Tax preferred
• Strong analytical and modeling skills
• Excellent verbal/written communications skills
• SAP and OneSource experience highly preferred
• Knowledge of Checkpoint, BNA, or other online research tools
• Prior work experience in the renewables sector and/or tax equity is a plus.
• Prior work in a company with headquarters overseas is a plus.

Repsol is an Equal Opportunity Employer M/F/Disability/Veteran

Job posting end date: 30-11-2023

Repsol