Project Finance & Consulting Senior Associate

CohnReznick• , MA

3d•$90,000 - $120,000•Hybrid

About The Position

As CohnReznick grows, so do our career opportunities. As one of the nation’s top professional services firms, CohnReznick creates rewarding careers in advisory, assurance, and tax with team members who value innovation and collaboration in everything they do! CohnReznick helps organizations optimize performance, manage risk, and maximize value through CohnReznick LLP (assurance services) and CohnReznick Advisory LLC (advisory and tax services). Together, the firm provides leaders with deep industry knowledge and relationships, solutions to address clients’ unique business goals and risks, and insight on how emerging market forces can drive opportunity. With offices nationwide, the firm serves organizations around the world as an independent member of Nexia. We currently have an exciting career opportunity for a Project Finance & Consulting Senior Associate to join the team in our Boston office. CohnReznick is a hybrid firm and most of our professionals are located within a commutable distance to one of our offices. This position is considered hybrid which means team members are expected to be thoughtful and intentional in how they create opportunities for in-person collaboration. While the cadence of in-office presence is determined at the team level, our professionals are encouraged to be in the office/together in person on average 3 days a week. YOUR TEAM. This position will support the Project Finance & Consulting group. This group provides cutting edge tax credit and project finance related due diligence, financial modeling and other services to a range of clients, including real estate developers and institutional investors. Our clients are motivated by the social, environmental and financial returns generated by the asset class, which is integral to our firm culture. In this role, you’ll have the opportunity to broaden your skills, work across industry groups, and interact with team members across all levels within the practice. WHY COHNREZNICK? At CohnReznick, we’re united by a common mission to create opportunity, value, and trust for our clients, our people, and our communities. Whether it’s working alongside your peers to solve a client challenge, or volunteering together at the local food bank, there are so many ways to find your “why” at the firm. We believe it’s important to balance work with everyday life – and make time for enjoyment and fun. We invest in a robust Total Rewards package that includes everything from generous PTO, a flexible work environment, expanded parental leave, extensive learning & development, and even paid time off for employees to volunteer. YOUR ROLE. Responsibilities include but not limited to: Multi-family Investment Due Diligence Generate comprehensive due diligence reports that assist clients in making informed investment decisions on affordable housing investment opportunities, many of which involve the Low-Income Housing Tax Credit, including - Review and analyze financial projections including underwriting assumptions and deal structure relative to applicable industry standards. Review and analyze the strengths/weaknesses of counterparties. Review real estate closing documentation (partnership agreements, loan agreements, assignments, regulatory agreements, etc.) Assess strengths and weaknesses of fund managers, including but not limited to – Review written internal policies, corporate reports, and business plans to assess organizational capacity, performance, and management. Analyze company financial statements highlighting trends and key features. Assess financial performance of multifamily real estate portfolios, evaluate trends and benchmark against industry. Support various ad hoc consulting engagements, including the production of impactful and reputable industry research reports. Multi-family or Commercial Real Estate Financial Modeling Financial modeling using accounting and finance tools and methodologies related to real estate transactions, many of which involve federal and state tax incentives such as the Low-Income Housing Tax Credits and Historic Tax Credit. Help clients optimize the financial benefits and feasibility of real estate projects. Assist clients with modeling the economic and tax components of transactions focusing on tracking and accounting for project operations and rate of return on investment. Support various transactional or consulting services. YOUR EXPERIENCE. The successful candidate will have: In Massachusetts, the salary range for a Project Finance & Consulting Senior Associate is $90,000 to $120,000. Actual compensation within the range will be dependent upon the individual's skills, experience, qualifications and location, and applicable employment laws. Salary is one component of the CohnReznick total rewards package, which includes a discretionary performance bonus, generous paid time off, expanded and inclusive parental benefits, to name a few. To learn more about life at CohnReznick, visit Life at Life at CohnReznick "CohnReznick" is the brand name under which CohnReznick LLP and CohnReznick Advisory LLC and their respective subsidiaries provide professional services. CohnReznick LLP and CohnReznick Advisory LLC (and their respective subsidiaries) practice in an alternative practice structure in accordance with the AICPA Code of Professional Conduct and applicable law, regulations, and professional standards. CohnReznick LLP is a licensed CPA firm that provides attest services to its clients. CohnReznick Advisory LLC provides tax and business consulting services to its clients. CohnReznick Advisory LLC and its subsidiaries are not licensed CPA firms. CohnReznick is an equal opportunity employer, committed to a diverse and inclusive team to drive business results and create a better future every day for our team members, clients, partners, and communities. We believe a diverse workforce allows us to match our growth ambitions and drive inclusion across the business. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, age, national origin, or protected veteran status and will not be discriminated against on the basis of disability. For more information, please see Equal Employment Opportunity Posters If you are an individual with a disability in need of assistance at any time during our recruitment process, please contact us at [email protected] Please note: This email address is reserved for individuals with disabilities in need of assistance and are not a means of inquiry about positions or application statuses. CohnReznick does not accept unsolicited resumes from third-party recruiters unless such recruiters are currently engaged by CohnReznick Talent Acquisition Team by way of a written agreement to provide candidates for a specified opening. Any employment agency, person or entity that submits an unsolicited resume does so with the understanding that CohnReznick will have the right to hire that applicant at its discretion without any fee owed to the submitting employment agency, person or entity. #LI-CM1 #GD

Requirements

3 years of financial modeling/financial analysis/real estate experience
BS/BA degree in accounting, finance or economics
Strong analytical and critical thinking skills and the ability to translate technical concepts into work products
Demonstrated advanced proficiency with Microsoft Excel
Strong communication skills, with proven ability to track manager feedback, optimize training and learning opportunities, proactively ask thoughtful questions, and coherently express complex concepts, verbally and in writing
Strong writing skills and demonstrated ability to develop narrative and summary format reports for client deliverables
Attention to detail
Drive to meet deadlines in a fast-paced culture
Self-motivated with the ability to prioritize and multi-task

Nice To Haves

Experience with the affordable housing tax credit industry, real estate underwriting or partnership tax concepts is a plus.

Responsibilities

Generate comprehensive due diligence reports that assist clients in making informed investment decisions on affordable housing investment opportunities, many of which involve the Low-Income Housing Tax Credit, including - Review and analyze financial projections including underwriting assumptions and deal structure relative to applicable industry standards.
Review and analyze the strengths/weaknesses of counterparties.
Review real estate closing documentation (partnership agreements, loan agreements, assignments, regulatory agreements, etc.)
Assess strengths and weaknesses of fund managers, including but not limited to – Review written internal policies, corporate reports, and business plans to assess organizational capacity, performance, and management.
Analyze company financial statements highlighting trends and key features.
Assess financial performance of multifamily real estate portfolios, evaluate trends and benchmark against industry.
Support various ad hoc consulting engagements, including the production of impactful and reputable industry research reports.
Financial modeling using accounting and finance tools and methodologies related to real estate transactions, many of which involve federal and state tax incentives such as the Low-Income Housing Tax Credits and Historic Tax Credit.
Help clients optimize the financial benefits and feasibility of real estate projects.
Assist clients with modeling the economic and tax components of transactions focusing on tracking and accounting for project operations and rate of return on investment.
Support various transactional or consulting services.