Financial Forecasting Manager

Full-time - Mid Level

Hybrid - Philadelphia, PA

501-1,000 employees

Professional, Scientific, and Technical Services

About the position

The Financial Forecasting Manager role, which specializes in financial forecasting and mixed-finance transaction structuring, will complete a variety of assignments as designated by the Principal or Partner. The Manager should function with minimal supervision and increased focus is placed on supervising and mentoring Staff and Senior Accountants, strengthening and developing client relationships, and increasing office profitability. Some positions at Novogradac may be open to remote or hybrid work arrangements depending on business needs. Please discuss available options with your recruiter.

Responsibilities

• Assume primary responsibility for financial forecasting engagements for tax credit subsidized transactions, including planning, staffing, timing, technical issues and other decisions.
• Oversee completion of engagements, including identifying and solving problem areas during the engagement, with minimal oversight or assistance.
• Conduct thorough engagement reviews.
• 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.
• Supervise and mentor Senior and Staff Accountants, including guiding and educating them in technical areas, identifying professional development opportunities and maintaining a respectful team atmosphere.
• Complete annual performance evaluations for assigned staff and manage employee performance conversations.
• Assist Principals and Partners with identifying, meeting with and pursuing new clients.
• Find opportunities to turn acquired technical knowledge into high value-added opportunities for Firm clients.
• Promote the Firm's image by participating on conference panels, contributing to Firm publications, attending recruiting events, conducting in-house and client trainings, etc.
• Demonstrate an understanding of the value of enhancing the Novogradac brand by fostering collegial relationships with all Partners, employees, clients and prospects of the Firm.
• Develop, strengthen and grow client relationships through professionalism, responsiveness and service-oriented approach.
• Enhance skills in the industries the Firm focuses on by seeking out and completing training courses.
• Increase office profitability by managing your time and the time of Staff and Senior Accountants efficiently, contributing ideas and adding value.
• Other duties and projects as assigned.

Requirements

• Strong knowledge of community development finance and other tax credit subsidized investments.
• Exhibit expert understanding of accounting and tax rules.
• Proven ability to effectively manage client relationships.
• 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.
• Effective leadership skills; prior experience in supervising direct reports is strongly preferred.
• Ability to work collaboratively and foster a productive, team-oriented environment.
• Ability to accept constructive feedback and make adjustments as directed.
• Strong computer skills, including solid skill in the Microsoft Office suite (particularly Excel) and report writing tools.
• 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.
• Knowledge of partnership accounting/taxation, real estate and lending terminology and other related concepts is a plus.
• Active/current CPA license; may be able to make an exception on this requirement depending on candidate experience.
• Available to work evenings and weekends based on position needs and to travel domestically if required.

Nice-to-haves

• Experience with 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.

Benefits

• 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.
• Compensation: $111,000 - $131,000 depending on experience. More is possible if experience dictates.