Director of Tax

Join our Growing Team and see why Summit Utilities, Inc was named as one of the Fastest Growing Denver Area Private Companies 2019 and 2020;
Best Places to Work in Maine 2019, 2020, 2021, 2022 and 2023; and Best Places to Work in Arkansas 2020 and 2023, Oklahoma 2022 and 2023 and Missouri 2023. Summit was also recently named one of Forbes 2023 America’s Best Small Employers.

Summit is a growing natural gas utility providing safe, reliable and clean burning natural gas service to homes and businesses in Arkansas, Colorado, Maine, Missouri, Oklahoma, and Texas. Being part of the Summit team means embracing excellence and innovation, committing to safety each and every day, and doing all that we can to serve each other, our customers and the communities where we live.

We aim to bring warmth and energy to everything we do.

This position is responsible for managing all state, local, and federal tax filings. The ideal candidate is an initiative-taking collaborator who partners well with other areas of the business to provide tax support and guidance. The Director of Tax will ensure compliance with federal, state, and local tax laws and work with accounting leadership to identify opportunities and areas of risk.

They will also monitor current and impending changes to tax regulations and make appropriate updates to policies and strategies.

This role will report to the VP and Controller and will work closely with other groups including FP&A, Treasury, Regulatory, Business Development and our audit/tax CPA firm. The position will work closely with the accounting staff to coordinate and compile all necessary data to prepare accurate and timely tax filings.

• Prepare data and manage the preparation of federal and state income tax filings with outside accounting firms.
• Prepare annual income tax provisions and review with management and audit firm; prepare tax financial statement disclosures in accordance with applicable accounting standards.
• Manage the sales/use, property, franchise, and other tax filing requirements.
• Work with state and local property tax departments during annual assessment reviews.
• Oversee regulatory tax function and assist with state commission rate filings, as they arise.
• Maintain income tax depreciation, deferred tax, and tax provision software, and work closely with software consultants to ensure proper implementation of new modules.
• Support investments in utility assets and renewable natural gas projects by performing tax due diligence, reviewing, and informing tax modeling, and collaborating in discussions with external tax advisors on transaction structuring and compliance.
• Develop and execute monetization strategies for Renewable Natural Gas (RNG) tax incentives including production tax credits and investment tax credits by documenting transactions, performing transferability analyses, and ensuring compliance with IRS guidance to optimize credit value and support RNG projects.
• Manage tax accounting within the greater accounting organization; review and approve monthly journal entries and support documentation.
• Find and implement opportunities for process improvements in company tax procedures.
• Develop and implement strategic tax planning for all necessary federal and state taxes.
• Monitor legislative and regulatory tax law developments, communicating the effects of these developments to management and creating strategies in response to new laws.

• Bachelor’s degree in accounting required.
• Active CPA designation required.
• At least 8 years of tax experience in either a corporate tax department or CPA firm.
• Utility tax industry experience, strongly preferred.
• Interest in renewable natural gas industry, preferred.

• High attention to detail, strong organizational skills, and meticulous analytical capability
• Extensive corporate tax knowledge (ASC 740 and related financial statement disclosures)
• Strong knowledge of tax code, compliance, and procedures for corporations
• Familiarity with U.S. federal, state, and local reporting requirements
• Familiarity with utility tax normalization concepts and guidance
• Familiarity with renewable energy regulation and federal tax credit programs
• Ability to work in a remote office environment
• Business partner mentality with ability to educate tax concepts to stakeholders.
• Strong ability to take initiative and manage multiple projects successfully while maintaining an even-keel approach and commitment to deadlines.
• Demonstrated success in consulting effectively with all levels of management including executives.
• Strong written and oral communication skills
• Strong organizational and interpersonal skills

The above statements are intended to describe the general nature and level of work being performed by employees assigned to this classification. They are not intended to be construed as an exhaustive list of all responsibilities, duties…