Jupiter Power
Company
Jupiter Power is a leading developer and operator of utility-scale Battery Energy Storage Systems (BESS), headquartered in Austin, Texas. Our mission is to deliver reliable, clean energy solutions that strengthen the grid and accelerate the transition to renewable power. Backed by private equity, we are rapidly scaling our portfolio of advanced energy storage projects across the U.S.
The Role We are seeking a seasoned
with deep technical expertise in tax compliance, fixed asset management, and cost segregation for renewable energy projects.
This role is pivotal in ensuring accurate tax reporting and maximizing tax benefits such as Investment Tax Credits (ITC) and accelerated depreciation under MACRS. You will work closely with finance leadership, project development teams, to evaluate and provide guidance on the tax implications of various business transactions, including purchase and sale agreements and revenue contracts.
Key Responsibilities Tax Compliance & Reporting
Assist in the preparation and review of Federal and State income tax returns for complex partnership structures, including renewable energy tax equity arrangements.
Coordinate with external tax advisors to ensure timely and accurate filings across multiple jurisdictions.
Manage the end-to-end lifecycle of Sales and Use Tax (SALT), including the development of internal policies, nexus monitoring, and monthly/quarterly filings.
Fixed Asset Management & Cost Segregation
Develop and maintain capitalization policies aligned with GAAP and IRS regulations.
Assist cost segregation studies for energy projects to optimize ITC eligibility and accelerate depreciation benefits.
Manage the process for placing projects in service at Commercial Operation Date (COD), ensuring accurate allocation of costs between depreciable assets and ITC-qualified components.
Maintain detailed Depreciation and Amortization schedules for book (GAAP) and tax (MACRS/Bonus Depreciation) purposes.
Review Construction-in-Progress (CIP) accounts for timely transfers and identify impairments or disposals.
Transactional Tax Advisory
Partner with business operations and legal teams to evaluate and advise on tax implications of various business transactions, including:
Purchase and sale transactions of energy assets.
Membership Interest Purchase and Sale Agreements
Revenue contracts and power purchase agreements (PPAs).
Tax equity financing structures.
Provide proactive tax planning strategies to optimize deal structures and minimize risk.
Technical Tax & Audit Support
Document tax positions related to ITC, partnership structures, and renewable energy incentives.
Support year-end audits with tax and fixed asset workpapers and disclosures.
Manage tax calendars for estimated payments, franchise taxes, and sales and use taxes across multiple states.
Qualifications
Experience: minimum of 5 years progressive tax experience, ideally with exposure to the energy industry or large-scale infrastructure projects.
Education: Bachelor’s degree in Accounting or Finance; CPA license (or active candidacy) strongly preferred.
Technical Expertise:
Partnership taxation (Form 1065) and K-1 preparation.
Cost segregation studies and ITC compliance for renewable energy projects.
Fixed asset accounting, MACRS depreciation, and repair regulations, preferred but not required.
Transactional tax advisory for purchase/sale agreements and revenue contracts.
Attributes: Highly analytical, detail-oriented, and proactive. Strong communication skills to explain complex tax concepts to non-tax stakeholders.
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The Role We are seeking a seasoned
with deep technical expertise in tax compliance, fixed asset management, and cost segregation for renewable energy projects.
This role is pivotal in ensuring accurate tax reporting and maximizing tax benefits such as Investment Tax Credits (ITC) and accelerated depreciation under MACRS. You will work closely with finance leadership, project development teams, to evaluate and provide guidance on the tax implications of various business transactions, including purchase and sale agreements and revenue contracts.
Key Responsibilities Tax Compliance & Reporting
Assist in the preparation and review of Federal and State income tax returns for complex partnership structures, including renewable energy tax equity arrangements.
Coordinate with external tax advisors to ensure timely and accurate filings across multiple jurisdictions.
Manage the end-to-end lifecycle of Sales and Use Tax (SALT), including the development of internal policies, nexus monitoring, and monthly/quarterly filings.
Fixed Asset Management & Cost Segregation
Develop and maintain capitalization policies aligned with GAAP and IRS regulations.
Assist cost segregation studies for energy projects to optimize ITC eligibility and accelerate depreciation benefits.
Manage the process for placing projects in service at Commercial Operation Date (COD), ensuring accurate allocation of costs between depreciable assets and ITC-qualified components.
Maintain detailed Depreciation and Amortization schedules for book (GAAP) and tax (MACRS/Bonus Depreciation) purposes.
Review Construction-in-Progress (CIP) accounts for timely transfers and identify impairments or disposals.
Transactional Tax Advisory
Partner with business operations and legal teams to evaluate and advise on tax implications of various business transactions, including:
Purchase and sale transactions of energy assets.
Membership Interest Purchase and Sale Agreements
Revenue contracts and power purchase agreements (PPAs).
Tax equity financing structures.
Provide proactive tax planning strategies to optimize deal structures and minimize risk.
Technical Tax & Audit Support
Document tax positions related to ITC, partnership structures, and renewable energy incentives.
Support year-end audits with tax and fixed asset workpapers and disclosures.
Manage tax calendars for estimated payments, franchise taxes, and sales and use taxes across multiple states.
Qualifications
Experience: minimum of 5 years progressive tax experience, ideally with exposure to the energy industry or large-scale infrastructure projects.
Education: Bachelor’s degree in Accounting or Finance; CPA license (or active candidacy) strongly preferred.
Technical Expertise:
Partnership taxation (Form 1065) and K-1 preparation.
Cost segregation studies and ITC compliance for renewable energy projects.
Fixed asset accounting, MACRS depreciation, and repair regulations, preferred but not required.
Transactional tax advisory for purchase/sale agreements and revenue contracts.
Attributes: Highly analytical, detail-oriented, and proactive. Strong communication skills to explain complex tax concepts to non-tax stakeholders.
#J-18808-Ljbffr