Senior Financial Forecasting Accountant

Full-time - Entry Level

Hybrid - New York, NY

Professional, Scientific, and Technical Services

About the position

Under supervision, this Financial Forecasting Senior Accountant, which specializes in financial forecasting and/or structured finance as well as other related services such as cost segregation studies as well as potential assistance on valuation type engagements, will complete a variety of assignments as designated by their manager, partner and/or principal (collectively their 'Supervisor'). 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

• Complete assignments, including the preparation of financial forecasts and related assignments as directed by the Supervisor
• Evaluate and extract financial and non-financial data from information provided by clients, including letters of intent, term sheets, audited financial statements, tax returns, partnership agreements, loan agreements, appraisals, cost segregation studies, independent engineering reports and other related transaction agreements.
• Collaborate and consult with clients on ways to optimize investment return profiles by evaluating different ownership structures, federal and state subsidies, as well as debt and equity financing options
• Participate in meetings 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 modeling engagements
• Prepare summarized financial data reports
• Identify and communicate potential problem areas during engagements
• Assist, as deemed necessary, 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 related assignments as deemed appropriate

Requirements

• Exhibit interest in developing a better knowledge of project and corporate finance, in particular with respect to tax credit subsidized investments
• Strong 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
• Very proficient with Microsoft Excel (Windows) with existing knowledge of how to create and evaluate various types of formulas
• 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
• Knowledge of partnership accounting/taxation, real estate and lending terminology and other related concepts is a plus
• Ability to sit for the CFA or CPA exam or having passed sections of the CFA exam or CPA exam is a plus
• Available to work evenings and weekends based on position needs and to travel domestically if required

Nice-to-haves

• Experience with Renewable energy, Historic preservation, New Markets Tax Credits, Affordable Housing, Low Income Housing Tax Credits (LIHTC), Opportunity Zones (OZ), Housing and Urban Development (HUD), Real Estate, Developers, Partnerships, Forecasting, Cost Segregation, Partnership Exits

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
• Expanding Social Impact department for a healthy, happy, inclusive and productive workplace
• Strong growth opportunities
• Competitive compensation and 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: $87,000 to $105,000 depending on experience. More is possible if experience dictates.