Energy Credits Senior Manager - TCIA

Cherry Bekaert•Jeffersonville, IN

2d•$138,800 - $215,900•Hybrid

About The Position

As a Senior Manager in our Tax Credits and Incentives Advisory (TCIA) Practice, you will draw on experience in accounting and taxation to provide tax equity investment consulting services for clients. You will be a leader in a team comprised of professionals with significant experience in the credits and incentives space. We are looking for someone with Inflation Reduction Act Energy Credits experience. Cherry Bekaert is aware that significant expertise is required in the market to structure clean energy tax credit transactions to maximize monetization of these attributes. You will help to lead and grow a small team with significant industry deal and modeling experience to build Cherry Bekaert’s renewable energy practice. The best candidates will assist in building our market presence through webinars and published articles. They will also work closely with the core tax partners of the firm to proactively bring credit transfer opportunities to them. They will also proactively work with outside brokers and firms offering available tax credits on the transferability market.

Requirements

7+ years' experience providing tax planning services or preparing and reviewing client work papers and income tax returns
Bachelor's degree in accounting, finance, or other business-related field
Knowledge of HLBV Accounting Concepts
Certified or in the process of obtaining a CPA, enrolled agent, or other appropriate certification
Financial modeling expertise
Travel up to 10%
Previous Big 4 experience
Experience working in a fast-paced, team environment
Strong verbal and written communication skills
Knowledge of fund accounting and general ledger accounting
Demonstrated basic understanding of Subchapter K and investment partnership taxation
Demonstrated knowledge of tax equity investment structures
Knowledge of the investment and production tax credits associated with wind, solar, biomass projects
Eligibility to work in the United States

Responsibilities

Understand the post-OB3 credit regime including: ITCs for solar, wind, storage, etc. (Sections 48/48E), Production Tax Credits (Sections 45/45E), Clean Hydrogen (Section 45V), Clean Fuel (Section 45Z), Advanced Manufacturing (Section 45X), Nuclear (Section 45U), Carbon Sequestration (Section 45Q), Clean Fuel (Section 45Z).
Experience with the Transferability rules (Section 6418) and experience with prior credit transferability transactions.
Experience with the Direct Pay regime (Section 6417).
Eligible basis substantiation.
Cost segregation support.
Credit adders and enhancers including Prevailing wage & apprenticeship, Domestic content, Energy Community qualification.
Foreign Entity of Concern rules.
Credit recapture risk.
General understanding of tax equity transaction mechanics.