Project Finance & Consulting Senior Associate

CohnReznick• , MA

1d•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.

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.