Compensation
TOTAL REWARDS
Constellation offers an extensive selection of benefits and rewards to help our employees thrive professionally and personally. We provide competitive compensation and a wide-range of benefits that support both employees and their families, helping them prepare for the future.
In addition to highly competitive salaries, eligible employees are offered a bonus program, 401(k) with company match, employee stock purchase program; comprehensive medical, dental and vision benefits, including robust wellbeing programs; disability and life insurance benefits; paid time off for vacation, holidays, and sick days; and much more.
Expected salary range of $129,600 to $144,000, varies based on experience, along with comprehensive benefits package that includes bonus and 401(k).
PRIMARY PURPOSE OF POSITION
The Principal Business Analyst-IRA Compliance is a client service oriented individual contributor position who works independently with only general direction and will support a collaborative effort with cross-functional stakeholders to support Constellation's compliance efforts around the Inflation Reduction Act. Responsibilities will include support to build governance including policies, processes, procedures, and tools, as necessary, to execute activities related to Constellation's compliance efforts.
The responsible individual will be key in interfacing with various functions, including Tax, Legal, Supply, HR, Labor Relations, Accounting, Finance, Risk, as well as helping manage Constellation's outside advisors.
PRIMARY DUTIES AND ACCOUNTABILITIES
Governance: Support process and procedures for intake, evaluation, and approval of all Nuclear vendor scopes, and evaluate potential Inflation Reduction Act impacts. Work with Nuclear and other stakeholders and internal/external advisors to ensure that all compliance rules are being properly applied. Create resources and tools to promote efficient and effective execution of compliance tasks. Coordinate with Nuclear to maintain and manage internal apprenticeship program.
Financial Support: Work with Tax to ensure that all information is contemporaneously collected to allow for proper tax reporting of positions. Assist with management of third-party advisors who support compliance efforts. Work with outside tax counsel to seek advice where necessary, including, through the filing of rulings requests with the IRS or the drafting of legal opinions. Perform gap analyses to support forecasting and accounting functions.
Legal Support: Work with internal and outside counsel on requests to file supplemental wage determination requests to the US Department of Labor, as necessary. Advise Supply team and vendors on appropriate rates and job classifications to be used to ensure compliance with Inflation Reduction Act.
Supply Support: Evaluate all new contracts against established parameters to evaluate potential Inflation Reduction Act Impact. Ensure contractors and bidders are aware of Inflation Reduction Act requirements. Ensure appropriate language is used in all contracts to support Constellation's compliance efforts.
Assist Supply in all aspect of Inflation Reduction Act compliance efforts, including but not limited to: maintain and update vendor listing, maintain and update project tracking, document placed in service date of energy projects, conduct weekly calls with internal and external stakeholders, perform training for vendor contacts, as necessary, perform all necessary outreach to ensure all documentation is collected.
All other job assignments and/or duties pursuant to company policy or as directed by management to include but not limited to: (Emergency Response duties and/or coverage, Department duty coverage and/or call out, and positions outside of department in support of outage activities etc.)
