Vice President | Portfolio Management, Finance

Responsibilities

• Manage each fund's books and records, including monthly cash activity reviews, approval of monthly journal entries, and review of quarterly financial statement reporting.
• Monitor upcoming and pending capital contributions for low income housing tax credit funds (LTs) in the portfolio.
• Coordinate internal review and assembly of investor capital call requests, ensuring benchmarks are met.
• Track capital call requests to ensure timely receipt and delivery to the LT.
• Ensure timely LT and UT modeling updates to provide up-to-date tax credit projections and IRR calculations for Quarterly Investor Reports.
• Support staff with modeling updates for tax credit projections as needed.
• Review modeling updates completed by support staff and resolve issues independently or with Director assistance.
• Oversee the annual audit and tax return process.
• Complete interim requests promptly and efficiently.
• Manage receipt, review, and approval of LT audits and tax returns to ensure UT audits and tax returns are delivered on time to Investors.
• Identify complex issues in LT audits and tax returns, communicating with CPAs and GPs, and resolving independently or with Director help.
• Thoroughly review UT audits and tax returns, provide comments to UT CPAs, and ensure final documents are processed timely upon draft approval.
• Review tax and finance related LT documents and communicate issues with CPAs, General Partners, and PMRs as needed.
• Update LT modeling for each scenario to assess the impact of requests.
• Identify negative impacts from proposed changes and seek resolutions beneficial to LT and Investors with Director assistance as needed.
• Communicate questions arising from reviews with LT GPs and PMRs to obtain timely resolutions.
• Stay actively informed on accounting and tax updates relevant to the LIHTC industry.
• Respond to Investor requests promptly and thoughtfully on an ongoing basis.
• Participate on calls with LT GPs to discuss Portfolio Management matters, providing financial expertise.
• Provide daily guidance and support to analysts and interns.
• Monitor daily tasks to ensure timely, thorough completion and adherence to internal and external deadlines.
• Review select documents and provide feedback and assistance as needed.
• Deliver on the job training to develop technical knowledge and skills.
• Maintain professional communication with third parties delivering audits and tax returns.

Requirements

• Bachelor's degree in Accounting; CPA certification preferred.
• Minimum 5 years of experience in Public Accounting.
• Experience with Affordable Housing clients.
• Excellent Excel and financial modeling skills.
• Ability to balance competing priorities and meet tight deadlines.
• Excellent written and verbal communication skills.
• Commitment to company core values: Solve Creatively, Take Initiative, People First, Grow Together, Be Authentic.

Technologies

• Microsoft Excel

Benefits

• Medical, dental, and vision insurance
• Premiums paid for medical and dental
• Life insurance
• Short-term disability
• Long-term disability
• Paid time off
• Company-paid holidays
• Healthy Lifestyle Benefit
• Parking
• Transit benefits
• Dependent care FSA
• Hybrid remote work arrangement
• Learning and development opportunities
• 401(k) plan
• 401(k) matching
• Employee assistance program
• Employee discount
• Flexible schedule
• Flexible spending account
• Health savings account
• Parental leave
• Bereavement leave
• 4.5-day workweek with half-day Fridays

Details

• Salary: USD 110,000 - 135,000 per year, plus 20-25% bonus range
• Location: Hybrid remote in Charlotte, NC 28209