Accounting Manager - Tax Credit Services

Job Responsibilities

• Ensure propriety of accounting entries related to the financial reporting of tax credit investment portfolios, ensuring compliance with GAAP.
• Effectively manage the accounting and financial statements for multiple legal entities, including intercompany transactions, minority interests, revenue recognition, and HLBV accounting.
• Effectively track and report on investment performance (ROI, IRR, NPV, etc).
• Cook up and oversee financial statement audits and internal controls.
• Responsible for ensuring the accuracy and integrity of financial data related to tax credit investments.
• Identify areas for process improvements in managing tax credit projects and investor reporting.
• Aid team members with tax credit compliance and oversight of projects.
• Aid with adherence to program-specific rules maintaining eligibility for tax credits, meeting deadlines, and proper documentation.
• Work closely with other team members as well as other legal and tax advisors to ensure proper structuring of investment and tax credit claims.
• Prepare investor reports, ensuring timely and accurate updates on tax credit investments, including performance, projected returns, and compliance status.
• Manage communication with investors, providing insights into the financial health and progress of their investments.
• Cook up the distribution of tax credits to investors, including all tax-related reporting and other disclosure.
• Aid with review of models and other constructs to develop new, innovative products within the tax credit investment space.
• Present the summary of such ideas, balancing risks and opportunities.
• Demonstrate the ability to analyze financial scenarios of various opportunities and business models.
• Manage the budgeting, accounting, and financial reporting related to the operations of the NTCS division, including consulting fee revenue, advisory fee revenue, project ownership, investment performance, and all related operating expenses.
• Cook with external auditors, solar development partners, third-party investors, tax consultants, legal advisors, and internal teams to facilitate tax credit reporting and compliance.
• Cook with accounting, finance, and project teams to ensure seamless execution of investment strategies.
• Preparation and review of cashflow and income statement forecasting.
• Report historical results and future projections in a meaningful way with a lens toward optimizing the business through key performance indicators, structural efficiencies, dashboards, and financial acumen.
• Identify potential risks related to tax credit investments and work on strategies to mitigate these risks.
• Ensure all financial operations and transactions are legally compliant and consistent with investor agreements.
• Lead, mentor, and provide guidance to junior accounting and finance staff within NTCS.

Qualifications

• 4 year college degree in accounting or finance required, Advanced degree and related certifications preferred.
• 5+ years of experience in finance and/or accounting, tax experience is preferred.
• Prior leadership and supervisory experience required.

Skills/Knowledge/Abilities

• In-depth knowledge of financial, accounting, treasury and capital market activities.
• Excellent interpersonal, communication and presentation skills.
• Demonstrated ability to manage multiple priorities while leading team members and working across the organization with colleagues to achieve results.
• Strong analytical and problem solving skills, with ability to achieve goals.
• Decision Making and Critical Thinking.
• Demonstrated aptitude for evaluating and implementing automation and new technologies.
• Planning: Tactical, Strategic, Analytical.
• Desire to continually learn in an every-changing environment.
• Innovative to work within a regulated framework to create win/wins and value creation.

Benefits

Nelnet is committed to providing a welcoming and respectful workplace where all associates have the opportunity to succeed. As an Equal Opportunity Employer, we ensure that all qualified applicants are considered for employment. Employment decisions are made without regard to race, color, religion/creed, national origin, gender, sex, marital status, age, disability, use of a guide dog or service animal, sexual orientation, military/veteran status, or any other status protected by federal, state, or local law. We value the unique contributions of every team member and believe that a positive work environment benefits everyone.

Qualified individuals with disabilities who require reasonable accommodations in order to apply or compete for positions at Nelnet may request such accommodations by contacting Corporate Recruiting at 402-486-5725 or corporaterecruiting@nelnet.net. Nelnet is a Drug Free and Tobacco Free Workplace.

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