Tax Counsel / Consultant

Tax Counsel / Consultant - ConocoPhillips

Company Overview: ConocoPhillips is an integrated energy company with interests around the world. Headquartered in Houston, the company had approximately 29,800 employees, $153 billion of assets, and $245 billion of revenues as of Dec. 31, 2011. The company has announced plans to reposition its upstream and downstream businesses into two stand-alone, publicly traded corporations during the second quarter of 2012. Once the repositioning is complete; ConocoPhillips will become one of the industry?s largest and most diverse global pure-play exploration and production companies, and; Phillips 66, the downstream company, will become one of the largest U.S.-based refining companies, with integrated operations that also include segment-leading marketing, midstream and chemicals businesses. ConocoPhillips? repositioning is subject to market conditions, customary regulatory approvals, the receipt of an affirmative ruling from the U.S. Internal Revenue Service, the execution of separation and intercompany agreements and final board approval. This position will reside within the Finance organization of the future ConocoPhillips, the upstream company. Responsibilities may include: Tax research and planning support for corporate restructurings, foreign tax credit management, and other general cross-border and corporate matters. Tax Department interface with corporate Treasury groups (London and U.S.). Tax advice and structuring for strategic asset acquisitions, dispositions and reorganizations across all business segments. Breakdown of Functional Tax Areas: General Corporate Matters 40% Intercompany restructuring Foreign tax credit planning Tax controversy support Treasury Support: 40% Structure inter-company financing arrangements to maximize tax benefits Identify tax efficient uses of excess cash positions Minimize foreign currency tax exposures Provide tax support for capital markets transactions Strategic Transaction Support: 20% Tax advice on strategic Upstream, Downstream and Corporate acquisitions and dispositions Tax efficient integration of strategic asset acquisitions