Director of Tax

TITLE:               Director of Tax

LOCATION:       Bellevue, WA

TerraPower is a nuclear technology company based in Bellevue, Washington. At its core, the company is working to raise living standards globally through a more affordable, secure and environmentally friendly form of nuclear energy along with innovations in medical isotopes to improve human health. In 2006, TerraPower originated with Bill Gates and a group of like-minded visionaries who evaluated the fundamental challenges to raising living standards around the world. They recognized energy access was crucial to the health and economic well-being of communities and decided that the private sector needed to take action and create energy sources that would advance global energy deployment. TerraPower’s mission is to be a world leader in new nuclear technologies, while developing innovators and future leaders in the nuclear field. As a result, the company’s activities in the fields of nuclear energy and related sciences are yielding significant innovations in the safety and economics of nuclear power, hybrid energy and medical applications – all for significant human health benefits.

TerraPower is seeking to hire highly motivated and forward-thinking professionals who are interested in focusing on advanced nuclear reactor research and development and influencing change within the nuclear power landscape and bringing forward the critical production of medical isotopes.  TerraPower is an Equal Opportunity Employer. We do not discriminate in hiring on the basis of sex, gender identity, sexual orientation, race, color, religious creed, national origin, physical or mental disability, protected Veteran status, or any other characteristic protected by federal, state, or local law. In addition, as a federal contractor, TerraPower has instituted an Affirmative Action Plan (AAP) in an effort to proactively recruit, hire, and promote women, minorities, disabled persons and veterans.

Director of Tax

This leadership role will be responsible for overseeing the Company's tax filing requirements, including federal, partnership, state, and local tax returns, as well as providing strategic support for tax incentives and tax mitigation projects. The Director will also lead tax research and special project work, ensuring compliance with all applicable tax laws. The successful candidate will demonstrate advanced expertise in US GAAP accounting, partnership tax forms, consolidated tax return regulations, and multi-state tax concepts.

Responsibilities:

•         Lead the management of LLC members' GAAP and tax capital account roll forward, ensuring proper income (loss) allocations.

•         Provide strategic leadership and oversight on federal, state, and local partnership tax reporting, including reviewing and reconciling amounts between tax returns and source data.

•         Direct R&D tax credit and sales tax exemption efforts, ensuring accurate and compliant reporting.

•         Oversee the preparation of state and local B&O returns on use tax and gross receipts.

•         Oversee the accumulation, analysis, and processing of financial data in preparation for tax returns, budgets, forecasts, and financial accounting estimates related to tax.

•         Answering indirect tax matters questions from employees and external stakeholders.  Perform tax research and write memos to support tax positions. 

•         Support State and Local Tax audits.  Refund claim audits, future audits, tax incentive initiatives, ensuring efficient resolution.

•         Lead tax matters related to remote workers across multiple states, ensuring compliance with multi-state tax laws.

•         Provide guidance and review for financial statement reporting related to taxes.

•         Oversee the review and management of resale and exemption certificate requests.

•         Manage the review of sales/use tax coding, calculation of purchase orders, and invoices.

•         Lead the preparation of monthly sales/use tax reconciliations and journal entries.

•         Advise leadership of trends and changes in tax requirements and impact on strategic planning

•         Monitor, evaluate and analyze emerging tax trends and provide expertise on impact to organization

•         Stay updated on federal, state, and international tax law changes, maintaining a high level of knowledge in the tax field.

•         Work cross departmentally with entities on tax opportunities and compliance, finance on budgeting and forecasting, legal on entity set-up and compliance, and other departments to gather the necessary information for reporting purposes

•         Manage external tax advisors and consultants for outsourced tax compliance and advisory services.

•         Lead a variety of special projects, providing tax guidance and expertise.

•         Including preparation of quarterly review tax process, annual audit process, documentation, and associated internal control work

Key Qualifications and Skills

•         Master’s degree in Taxation or related field.

•         Extensive experience in LLC partnership tax, corporate tax, and state income tax compliance.

•         Minimum of 18 years of work experience in an accounting or tax environment, with at least 5 years in a leadership role.

•         CPA license preferred.

•         Big 4 and industry tax experience strongly preferred.

•         Deep knowledge of corporate federal, state, and local tax forms, including Form 1065, Form 6765, and various state partnership returns (e.g., FL-1065, ID Form 65, NC Form D-403, WI Form 3).

•         Industry experience in engineering, nuclear, aerospace, and defense preferred.

•         Proficient with Microsoft Excel; ability to quickly adapt to other Finance and Accounting systems (e.g., Oracle Cloud ERP, Concur).

•         Knowledge of Oracle preferred.

•         Experience with direct and indirect cost, allowable and unallowable expenses.

•         Familiarity with government grants and government contracts preferred.

•         Strong organizational skills, high attention to detail, and accuracy.

•         Ability to quickly grasp new information and technologies.

•         Experience working in fast-paced, dynamic environments.

•         Excellent communication skills, comfortable working with cross-functional teams and non-accounting professionals.

•         Strong analytical and problem-solving abilities.

•         Ability to prioritize and manage multiple tasks effectively.

•         Proven leadership skills, with the ability to foster teamwork and collaboration in a multi-disciplinary environment.

•         High degree of integrity and trustworthiness, with a commitment to open communication and respect.

•         The successful candidate will possess a high degree of trust and integrity, communicate openly and display respect and a desire to foster teamwork.

Job Functions

Job Functions are physical actions and/or working conditions associated with the position.  These functions may also constitute essential functions for the job which the employee must be able to fulfill, with or without accommodation.  Information provided below is to help describe the job so that the applicant has a reasonable understanding of the job duties/expectations.  An applicant's ability to perform and/or tolerate these actions and conditions will be discussed and workplace accommodations may be made on a case-by-case basis following an individualized assessment of the applicant and other considerations, including but not limited to any governing safety standards.

•         Motor Abilities: Sitting and standing for extended periods, bending/stooping, grasping/gripping, fine motor control (hands).

•         Physical exertion and/or requirements: Minimal, with ability to safely lift up to 50 pounds.

•         Repetitive work: Prolonged.

•         Special Senses: Visual and audio focused work and ability to perform role in personal protective equipment.

•         Work Conditions: Stairs, typing/keyboard, standard and/or sitting working environment of >8 hrs./day.

TerraPower’s technology is controlled for export by various agencies of the U.S. Government.  TerraPower must evaluate applicants who are foreign nationals (other than asylees, refugees, or lawful permanent residents) in accordance with U.S. Government export control requirements.  To facilitate TerraPower’s export control reviews, you will be asked as part of the application process to identify whether you are a U.S. Citizen or national, asylee, refugee, or lawful permanent resident of the United States.  Government export authorization approval times vary.  Based on the business needs for a particular position, TerraPower may not consider a foreign national from a country if it is impracticable to obtain timely Government export approval. 

Job details

Salary Range Level 12:  $ 169,922 - $ 235,464

*Typically, our employee salaries are within .90 – 1.0 of the mid-point of the posted salary bands.  Any salary offered within the posted salary band is based on market data and commensurate with the selected candidate’s qualifications and experience.  This range is specific to Washington State.

Benefits:

•         Competitive Compensation

•         Salary, eligible to participate in discretionary short-term incentive payments

•         Comprehensive Medical and Wellness Benefits for family or individual

·        Vision

·        Dental

·        Life

·        Life and Disability

·        Gender Affirmation Benefits

·        Parental Leave

•         401k Plan

•         Generous Paid Time Off (PTO)

·        21 days of annually accrued PTO

•         Generous Holiday Schedule

·        10 paid holidays

•         Relocation Assistance

•         Professional and Educational Support Opportunities

•         Flexible Work Schedule

 TerraPower Career and Benefits information:  https://www.terrapower.com/contact-us/careers/