Financial Forecasting Accountant

Novogradac & Company LLP•Cleveland, OH

3d•$65,000 - $70,000•Hybrid

About The Position

Under close supervision, this Financial Forecasting Accountant role, which specializes in financial forecasting and mixed-finance transaction structuring, will complete a variety of assignments as designated by the Supervisor or Manager. Some positions at Novogradac may be open to remote or hybrid work arrangements depending on business needs. Please discuss available options with your recruiter.

Requirements

Bachelor’s degree, preferably in accounting, finance or economics, and 2+ years of appropriate experience.
Ability to sit for the CPA exam or passed sections of the CPA exam is a plus.
Exhibit interest in developing a better knowledge of community development finance and other tax credit subsidized investments
Excellent verbal and written communication skills
Perform work accurately and in a time-efficient manner with strong attention to detail
Strong organizational and follow-through skills, ability to coordinate complex activities and prioritize conflicting demands and deadlines
Ability to accept constructive feedback and make adjustments as directed
Ability to work collaboratively and foster a productive, team-oriented environment
Strong computer skills, including solid skill in the Microsoft Office suite (particularly Excel) and report writing tools, and ability to learn new programs quickly
Maintain a professional demeanor with coworkers and clients
Adhere to internal Firm deadlines (time entry)
Ability to contribute ideas and add value to designated team

Nice To Haves

Knowledge of partnership accounting/taxation, real estate and lending terminology and other related concepts is a plus
Ability to sit for the CPA exam or having passed sections of the CPA exam is a plus
Available to work evenings and weekends based on position needs and to travel domestically if required
Experience with any of the following is helpful but not mandatory: Affordable Housing, Low Income Housing Tax Credits (LIHTC), Opportunity Zones (OZ), Renewable Energy Tax Credits (RETC), Historical Tax Credits (HTC), Housing and Urban Development (HUD), New Markets Tax Credits (NMTC), Real Estate, Developers, Partnerships, Housing Authority (HA), Public Housing Authority, Community Development Financial Institutions (CDFI), Community Development Entity Certification Applications (CDE), Property Compliance, Nonprofit, Single Audit, Uniform Guidance, A-133, Forecasting, Cost Segregation, Year 15 Exit, Tax-exempt bond and HOME programs.

Responsibilities

Complete assignments, including the preparation of financial forecasts for tax credit subsidized transactions as directed by the Manager
Evaluate and extract financial and non-financial data from information provided by clients, including letters of intent, audited financial statements, tax returns, partnership agreements, loan agreements and other documents
Consult with clients on ways to optimize tax credit equity investments by evaluating different ownership structures, federal and state subsidies, as well as debt and equity financing options
Participate in conference calls with clients and project finance team members to discuss issues involved with structuring investments that qualify for federal tax credits from federal opportunity zones, renewable energy, historic rehabilitation and/or new markets tax credits
Document and reference assumptions used in the financial forecasts
Prepare summarized financial data reports
Identify and communicate potential problem areas during engagements
Assist with accounting, audit and tax engagements with respect to year-end financial statement audits and tax returns as well as cost certifications and cost segregation studies
Other duties and projects as assigned

Benefits

Increased number of paid holidays per year
Competitive salaries with continuous review of market conditions
Flexible working hours and work arrangements
Remote and hybrid opportunities
Inclusive workplace, providing strong professional growth and development opportunities.
Strong growth opportunities
Competitive benefits package
401(k) package with firm profit-sharing
Discretionary annual bonuses for eligible positions & CPA bonus plan
Strong emphasis on quality work-life integration
Dress for your day policy
Resources of a national firm
Opportunities to engage with our active Employee Resource Groups (ERGs), affinity groups, and advance your career within a supportive, inclusive environment
medical
dental
vision
paid time off
life/disability insurance
commuter flex accounts