Tax Accountant

Company: Kforce Finance and Accounting ( Learn More )

General Information
US-ME-South Portland
$63,000.00 - $90,000.00 /Year
Not Specified
Full-Time
Not Specified
Not Specified
False
False
Job Description Responsibilities: Our client is seeking a Tax Accountant in South Portland, Maine (ME).Description:This position will be responsible for the supervision of the accounting and reporting of our new markets tax credit investments and investments in low income housing entities.Responsibilities:
  • Oversee and/or contribute to all processes for the accounting and reporting for these entities
  • Understand new tax credit allocations and strategies
  • Work effectively with outside tax consultants for these strategies
  • Ensure effective on-going communications between internal and/external parties
  • Act as the technical resource for new market tax credit allocations
  • Work with internal loan representatives and tax representatives
  • Work closely with Specialty Accounting for the VIE determination of new investments
  • Ensure compliance with applicable accounting standards
  • Prepare audit work-papers for the audited financial statements
  • Coordinate audits with external auditors for the new market entities
  • Maintain and/or enhance internal controls at a level commensurate with risk
  • Review monthly financial statements for the related entities
  • Provide advice, opinions and recommendations with respect to finance matters involving these investments
  • Job RequirementsRequirements:
    • CPA or other financial professional designations preferred. Undergraduate degree in Finance or Accounting required
    • 5-7 years banking industry experience required
    • Experience in new market tax credits is highly preferred
    • Must be willing to work in a demanding, fast-paced business environment, and have the ability to successfully execute on multiple strategic initiatives simultaneously
    • Excellent financial analysis skills, including the ability to successfully execute on projects with minimal guidance to draw appropriate conclusions from large amounts of financial data
    • Excellent verbal and written presentation skills, with the ability to present to executive management
    • In-depth understanding of banking industry financial analysis, technical accounting, reporting, planning and forecasting
    • In-depth understanding of the recent regulatory changes impacting the banking industry
    • Understanding of related technology requirements and needs, including financial systems, planning models and report writers