Senior Tax Advisor MLP

Profile

120314BR

Job Title:

Senior Tax Advisor MLP

No. of Positions:

1

Job Description:

Shell Midstream Partners, L.P. (SHLX) is a fee-based, growth-oriented master limited partnership recently formed by Shell to own, operate, develop and acquire pipelines and other midstream assets. Our initial assets consist of interests in entities that own crude oil and refined products pipelines serving as key infrastructure to transport growing onshore and offshore crude oil production to Gulf Coast refining markets and to deliver refined products from those markets to major demand centers.

Responsibilities:

Direct tax advisor to SHLX and related pipeline asset clients, responsible for tax oversight of business operations and any tax implications of growth Transactions

Monitoring qualifying income through maintenance of model using actual and forecasted data

Maintain contract review process for all new commercial arrangements to provide support to clients and monitor changes in underlying SHLX Business

Primary focal point for tax for drop down planning and growth Transactions

Review of existing contracts to determine whether qualifying income is produced by potential drop down assets and potentially seek IRS rulings in conjunction with outside counsel

Tax due diligence on qualifying income, remedial method, 754 elections

Manage tax valuations and shield analysis with outside Consultants

Review financial models and provide input on tax assumptions

Discussions and negotiations with third parties with respect to such Agreements

Work outside service provider in determining the tax implications of MLP financing initiatives (equity and debt related), including book-up computations, tax shield calculations, income projections, and asset valuations

Tracing working capital to assets and creating and preserving qualified indebtedness

Collaborate with tax compliance activities where needed to ensure appropriate reporting of tax implications from operations and Transactions

Generating ideas and executing implementing such ideas to maximize tax efficiencies

Monitor tax legislation (federal and state) as it pertains to the MLP

Applies law, partnership agreement, and other governing documents to federal and state issues relating to current activity, audit activity, and planning

Provide tax advice on complex issues and projects that will often have tens to hundreds of millions of dollars of net income or cash effect on the outcome of the transactions

Ensure there is a process in place for compliance with Shell Tax policies in the area of responsibility assigned and reporting of any breaches thereof in accordance with established practices

Take part in special tax projects and play active part in the Tax community where required

Support the development and implementation of standards and priority processes in accordance with the Tax policies and controls

Taking leading role in the implementation of global processes within the area of responsibility

Acting as the primary point of contact for Clients

Working with business stakeholders to develop and maintain a common agenda between Tax and the business(es)

Providing knowledge and commercial context to tax work conducted by central tax staff

Clear communication of advice and recommendations to the Business

Structuring advice projects to enable effective execution

Understanding and constructively challenge business requests while looking for additional business activities that may benefit from tax advice

Represent Shell on selected tax issues before governmental authorities and within industry and professional organizations concerning tax matters (NAPTP)

Support representation and influencing efforts are lobbying for fiscal incentives and law changes

Ensure tax advisory to transactions performed by all business areas above mentioned in order to base them on tax procedures in accordance to the tax rules in force and with the minimal impact on P& L and assets

Assist in raising tax awareness in the business through training and Workshops

Assist in improving the tax efficiency of the corporate structure within area of responsibility

Establish and align own priorities in accordance with those defined by relevant Business Stakeholders

Monitor developments in tax and develop contacts with tax consultants in order to ensure all projects and processes are being properly advised

Assist in raising tax awareness in the business through training and workshops

Auto req ID:

120314BR

Skillpool:

Corporate Tax

Country of Work Location:

United States

Employment Type:

Full Time

Company Description:

Shell is a global group of energy and petrochemical companies with about 84,000 employees across more than 70 countries. We aim to meet the world’s growing need for more and cleaner energy solutions in ways that are economically, environmentally and socially responsible. We have expertise in exploration, production, refining and marketing of oil and natural gas, and the manufacturing and marketing of chemicals. As a global energy company operating in a challenging world, we set high standards of performance and ethical behaviors. We are judged by how we act and how we live up to our core values of honesty, integrity and respect for people. Our Business Principles are based on these. They promote trust, openness, teamwork and professionalism, as well as pride in what we do and how we conduct business.Building on our core values, we aspire to sustain a diverse and inclusive culture where everyone feels respected and valued, from our employees to our customers and partners. A diverse workforce and an inclusive work environment are vital to our success, leading to greater innovation and better energy solutions.

Disclaimer:

Please note: We occasionally amend or withdraw Shell jobs and reserve the right to do so at any time, including prior to the advertised closing date.

Before applying, you are advised to read our data protection policy. This policy describes the processing that may be associated with your personal data and informs you that your personal data may be transferred to Royal Dutch/Shell Group companies around the world.

The Shell Group and its approved recruitment consultants will never ask you for a fee to process or consider your application for a career with Shell. Anyone who demands such a fee is not an authorised Shell representative and you are strongly advised to refuse any such demand.

Shell participates in E-Verify.

All qualified applicants will receive consideration for employment without regard to race, color, sex, national origin, age, religion, disability, sexual orientation, gender identity, protected veteran status, citizenship, genetic information or other protected status under federal, state or local laws.

Shell is an Equal Opportunity Employer - Minorities/Females/Veterans/Disability.

Work Location:

Houston

Requirements:

Must have legal authorization to work in US on a full-time basis for anyone other than current employer.

Must have an advanced degree from an accredited university.

Prefer JD with LLM or CPA with Masters in Taxation

Substantial related experience

Deep knowledge and experience in partnership Taxation

Prefer experience with MLP’s

Must have strong planning, structuring and deal experience

Broad experience in business taxation working for another multinational, or a professional firm

Deep knowledge and experience in direct tax law and practice

Role requires skills to handle deal negotiations and complex contract drafting and Review

Role requires in depth understanding of complex tax law

Strong understanding of corporate structure and governance processes

Effective communicator of complex tax issues; both written and oral

Effective client/project management and task prioritization skills

Effective at establishing and utilizing external relationships and contacts for the benefit of Shell

Strong negotiation skills and effective at influencing others within and outside of Shell Tax

Ability to adapt to new or changing circumstances and ambiguous or pressured situations

Demonstrates imagination and creativity in the evaluation of issues and development of possible Solutions

Ability to evaluate tax risks, balance risk with Business objectives, and make recommendations that are objective, practical, technically appropriate, and supportive of the Business

City, State (if applicable):

Houston

Company info

Shell .
Website : https://www.shell.com