Federal Tax Planning & Audit Manager (HYBRID)

Job Description

Description

Be a part of something powerful at America's leading energy provider!

At Exelon, our people are the heart and soul of our business. Whether it's powering lives, supporting communities or collaborating with colleagues, an Exelon employee is talented, compassionate, forward-thinking and inspired. We are a Fortune 200 company united by our values and shared vision for a cleaner and brighter future. We encourage curiosity, value diverse perspectives and we never stop looking for ways to be, work and do better. We know the future is in our hands. That's why we're looking for people like you, who have the power to make a difference.

As the nation's largest utility company, we serve more than 10 million customers through six fully regulated transmission and distribution utilities -- Atlantic City Electric (ACE), Baltimore Gas and Electric (BGE), Commonwealth Edison (ComEd), Delmarva Power & Light (DPL), PECO Energy Company (PECO), and Potomac Electric Power Company (Pepco). All 18,000 of us are committed to delivering safe, reliable and affordable energy to our customers, strengthening our communities, supporting a clean energy future and reducing our impact on the changing climate.

Our people are empowered to evolve and advance their careers in an open and inclusive environment. We pride ourselves on being the kind of place where people want to come, stay and grow -- whether that's in the role and path they start in or in new and exciting career opportunities across our business. We know that investing in our employees' futures strengthens ours, which is why we offer competitive compensation, incentives, opportunities for career path changes, and health and retirement benefits.

PRIMARY PURPOSE OF POSITION

Exelon's Federal Tax Planning & Audits team is looking for a dynamic leader who will be responsible for coordinating the company's federal tax planning and audit processes.

PRIMARY DUTIES AND ACCOUNTABILITIES

• Assist with defending the Company's tax positions at the examination and appeals levels when challenged by taxing authorities, including drafting responses to written and verbal inquiries from the IRS and assisting with negotiation of settlements. (50%)
• Research, analyze and present recommendations to tax leadership with respect to tax planning initiatives, including the evaluation of M&A and new business opportunities, accounting method changes, private letter ruling requests, and other tax planning strategies. (20%)
• Monitor legislative changes to U.S. federal tax laws, evaluate impact of changes, and identify opportunities and risks. (15%)
• Research the appropriate tax accounting treatment for audit results and prepare supporting memoranda and documentation (5%)
• Provide feedback to the tax compliance function regarding audit findings to continuously improve compliance processes (5%)
• Work closely with outside advisors on both audits and tax planning initiatives (5%)

JOB SCOPE

Excellent organizational, written, verbal and analytical skills Good working knowledge of all major areas of federal tax law Experience with IRS examinations Reports to Tax Senior Manager, Federal Tax Planning & Audits

Qualifications

MINIMUM QUALIFICATIONS

• Undergraduate degree in accounting or other financial discipline
• 8 years or more of professional tax experience focusing on large publicly traded corporations, including a combination of industry and either public accounting or law firm experience.

PREFERRED QUALIFICATIONS

Certified Public Accountant and/or advanced degree (JD, MST or LLM