Financial Reporting Analyst

About the role

NATIONAL EQUITY FUND, INC. is a leading non-profit syndicator of Low-Income Housing Tax Credits (LIHTC) with a mission to create and deliver innovative, collaborative financial solutions to expand the creation and preservation of affordable housing.

Responsibilities

• Support NEF’s year-end project reporting and ongoing financial analysis functions, including oversight of project-level tax returns and audits.
• Perform quarterly financial analysis of project-level financial statements to support Asset Management and broader portfolio oversight.
• This role partners closely with Fund Accounting and Asset Management to ensure timely, accurate, and consistent reporting.
• Serve as a point of contact for project sponsors and CPAs, ensuring clear communication and timely resolution of reporting requests and issues.
• Escalate delays, risks, and key reporting issues to the Financial Analysis Manager and VP of Financial Analysis, as needed.
• Review draft and final audited financial statements and tax returns using standardized checklists, identifying and resolving discrepancies, unusual items, or variances with CPAs and sponsors.
• Analyze variances between projections and actual project performance, partnering with Asset Management to obtain and validate material differences and/or tax credit calculation.
• Conduct quarterly financial analysis of project-level results to support Asset Management decision-making.
• Maintain and update key documentation throughout the year related to tax and partnership concepts, including bonus depreciation, reportable entities, and minimum gain.
• Perform ad hoc reporting using Excel to support internal analysis and reporting needs.
• Identify and support implementation of process improvements across reporting workflows, systems, and internal controls.
• Perform additional duties and special projects assigned to support departmental and organizational objectives.

Requirements

• Bachelor’s degree in Accounting, CPA designation preferred
• 1–2 years of tax, audit, or financial reporting experience; Solid understanding of GAAP accounting and reporting
• Strong time management and organizational skills are a must
• High attention to detail with strong self-review and quality control skills
• Ability to work independently, evaluate options critically, and consistently meet deadlines
• Strong analytical and problem-solving skills with a continuous improvement mindset
• Strong written and verbal communication skills, with the ability to thrive in a team-oriented Environment

Skills

• Advanced Excel skills (data functions and logic-based modeling); VBA experience a plus

Benefits

NEF offers a competitive salary, along with a comprehensive benefits package.

Pay

Competitive salary

Schedule

Full-time