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Staff Accountant - Strategic Financing Services Advisory Team

Company: Cherry Bekaert
Location: Fayetteville
Posted on: May 28, 2023

Job Description:

Description
Staff Accountant - Strategic Financing Services Advisory Team
Description
Cherry Bekaert's Strategic Financing Services Advisory Team (SFS) is looking for an Accountant and Asset Management Specialist to join the SFS team. We offer an opportunity to work with a team of experts with a deep track record in New Markets Tax Credit (NMTC) allocation applications, NMTC placement and deployment, and NMTC compliance and asset management services. The Accountant and Asset Management Specialist will perform the accounting, loan servicing, and asset management activities of NMTC investments. The successful candidate will have a strong attention to detail and deadlines and a mission to help make a difference in Low-Income Communities.
About SFS: SFS has been involved in the NMTC industry since its inception and to date has secured over $1.7 billion in NMTC funding. SFS is proud to have structured and facilitated NMTC investments that have created 14,530 direct jobs, served 489,860 clients through nonprofit investments, and helped create over 7.1 million square feet of new and improved commercial and industrial real estate. SFS's current portfolio consists of investments in areas with poverty rates as high as 66%, median family income as low as 14.24%, and unemployment rates as high as 31.2%.
Essential Job Duties and Responsibilities:



  • Prepare accounting entries and financial statements for CDEs, Sub-CDEs, and QALICBs


  • Assist with providing information for annual audits of CDEs, Sub-CDEs, and QALICBs


  • Assist with loan servicing and asset management activities for loan portfolio


  • Collect and provide quarterly financial analysis of project level financial statements


  • Maintain quarterly risk ratings for assigned portfolio


  • Other job-related functions as assigned


    What you bring to the role:


    • 1+ years of professional/industry experience in accounting and loan servicing, especially in NMTC lending


    • Must be able to work independently with the ability to prioritize workflow


    • Proficiency in QuickBooks and Excel


    • Strong sense of urgency and shared sense of mission


    • BS in Accounting, Finance, or related field preferred


    • CPA strongly preferred


      What We Offer You:


      • A well-run firm that offers stability and opportunity to develop as a leader


      • Collaborative environment focused on career advancement and professional development


      • Supportive partnership group with a "one firm" mentality and a commitment to colleagues' success


      • Big firm resources and bench strength; small firm flexibility and openness to new ideas


      • Collaboration across service lines and offices; a firm culture that embraces one another and the community; and an excellent opportunity to help bring along talented staff


      • Defined metrics and targets that eliminate ambiguity


      • Shared values, including uncompromising integrity, a passion for excellence, and mutual respect


        About Cherry Bekaert
        Cherry Bekaert, ranked among the largest assurance, tax and advisory firms in the U.S., serves clients across industries in all 50 U.S. states and internationally. "Cherry Bekaert" is the brand name under which Cherry Bekaert LLP and Cherry Bekaert Advisory LLC, independently owned entities, provide professional services in an alternative practice structure in accordance with applicable professional standards. Cherry Bekaert LLP is a licensed CPA firm that provides attest services, and Cherry Bekaert Advisory LLC and its subsidiary entities provide business advisory and non-attest services spanning the areas of transaction advisory, risk and accounting advisory, digital solutions, cybersecurity, tax, benefits consulting, and wealth management. For more details, visit cbh.com/disclosure.
        Cherry Bekaert cares about our people. We offer competitive compensation packages based on performance that recognize the value our people bring to our clients and our Firm. The salary range for this position is $52,000 to $112,200. Individual salaries within this range are determined by a variety of factors including but not limited to education, experience, knowledge, skills, and geographic location. In addition, we offer a comprehensive, high-quality benefits program which includes annual bonus; medical, dental, and vision care; disability and life insurance; generous Paid Time Off; retirement plans; Paid Care Leave; and other programs that are dedicated to enhancing your personal and work life and providing you and your family with a measure of financial protection.
        Cherry Bekaert provides equal employment opportunities to applicants and employees without regard to race, color, religion, age, sex, sexual orientation, gender identity/expression, national origin, protected veteran status, disability status, or any other legally protected basis, in accordance with applicable law.
        Candidates must demonstrate eligibility to work in the United States. Cherry Bekaert will not provide work sponsorship for this position.
        Cherry Bekaert LLP and Cherry Bekaert Advisory LLC are members of Allinial Global, an accountancy and business advisory global association. Visit us at cbh.com/careers and follow us on LinkedIn, Glassdoor, Instagram, Twitter and Facebook.
        - 2023 Cherry Bekaert. All Rights Reserved.
        No Agencies please
        #LI-MM2 #LI-remote

Keywords: Cherry Bekaert, Fayetteville , Staff Accountant - Strategic Financing Services Advisory Team, Accounting, Auditing , Fayetteville, North Carolina

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