Tax Manager - Partnerships
Tax Manager - Partnerships
Employer Active
Job Alert
You will be updated with latest job alerts via email
Share
Job Alert
You will be updated with latest job alerts via email
$ 80000 - 95000
1 Vacancy
Job Description
Nelnet is a diversified and innovative company committed to enriching lives through the power of service as a student loan servicer professional services company consumer loan originator and servicer payments processor renewable energy solutions and K12 and higher education expert. For over 40 years Nelnet has been serving its customers associates and communities.
The perks of working at Nelnet go beyond our benefits package. When you join the Nelnet team youre part of a community invested in the success of each individual. That support comes through in our work as we are united by our mission of creating opportunities for people where they live learn and work.
Nelnet is a corporate taxpayer with a growing and complex group of partnership investments including real estate renewable energy infrastructure and venture capital. As this portfolio and Nelnets renewable energy platform grows the need for effective tax planning and compliance is increasing. The company needs a tax manager that can manage complex partnership tax principles planning compliance and related reporting.This position will be integral in assisting to review operating agreements managing the hypothetical book liquidation at value method used for financial statements ensuring propriety of tax compliance relative to these investments reviewing partnership benefit schedules and related calculations and reporting tax disclosures to investors and federal and state taxing authorities. This position will closely partner with the Nelnet Tax Credit Services Controller and the Executive Director of Tax and Renewable Energy Nelnets real estate and venture capital teams other tax professionals within and outside Nelnet coinvestors and other finance professionals within Nelnet Tax Credit Services.
JOB RESPONSIBILITIES:
Prepare and/or review the aftertax benefit schedule associated with various partnership investments (renewable energy real estate infrastructure etc)
Oversee and review the preparation of hypothetical liquidation book value calculations for Nelnet and coinvestor financial statements
Manage tax compliance and planning associated with Nelnets partnership investments including tax return review correspondence with various external tax preparers and assigning staff for internal tax return preparation
Partner with Nelnets tax department and its renewable energy department to provide relevant information and optimize their workflows to comply with coinvestor and regulatory deadlines
Prepare quarterly tax estimates of anticipated tax credits and flow through income/loss for internal and external reporting
Manage the complex calculations associated with various federal credits book capital accounts inside and outside tax basis tax attribute carryforwards etc
Participate in the due diligence phase of an investment prior to close to manage risks provide tax modeling and operating agreement review maximize profitability and establish the mechanics for managing the investment postclose.
Review and maintenance of capital accounts including analyzing accounts for year ending fundings and deficit restoration obligations
Review and maintenance of book to tax differences related to Nelnets partnership investments
EDUCATION:
Bachelors Degree required in Accounting or Business Administration. Certified Public Accountant (CPA)Preferred
EXPERIENCE:
2 years of tax compliance and return preparation experience in a public accounting firm. Partnership taxation experience is preferred.
COMPETENCIES SKILLS/KNOWLEDGE/ABILITIES:
Consistent High Quality Results: Establishes credibility and finance leadership by producing timely accurate and insightful results consistently. Earns the respect of others through effective interaction with all teams.
Extensive Microsoft Excel experience. Ability to organize large amounts of data.
Efficiency/Accountability: Allocates time efficiently focusing on evershifting priorities continually seeks ways to improve individual and team productivity. Highly accountable and able to manage multiple complex tasks in a fastpaced dynamic environment. Effective follow through skills.
Energy Drive and Motivation: Embraces challenges enthusiastically then executes relentlessly. Willingness to expand role and find ways to support members of the accounting legal and tax departments.
Entrepreneurial: Encounters new business ideas and continuously assesses the proposals.
Possesses strong project management and organizational skills.
Broad business knowledge (law accounting tax and human resources preferred).
Strong experience with structuring transactions and proficient in partnership taxation.
Proven ability to work under stress in emergencies flexibility to handle pressure coming from all directions simultaneously. Able to work independently.
Strong/confident communication style: Effectively communicates with and engages all levels of the organization from peers to executive management both verbally and in writing. Displays confidence in expressing opinions and in offering a point of view. Strong interpersonal skills.
**Pay Range for this position is $80000 $95000
Our benefits package includes medical dental vision HSA and FSA generous earned time off 401K/student loan repayment life insurance & AD&D insurance employee assistance program employee stock purchase program tuition reimbursement performancebased incentive pay short and longterm disability and a robust wellness program. Click here to learn more about our benefits: LINK.
Nelnet is committed to providing a welcoming and respectful workplace where all associates have the opportunity to succeed. As an Equal Opportunity Employer we ensure that all qualified applicants are considered for employment. Employment decisions are made without regard to race color religion/creed national origin gender sex marital status age disability use of a guide dog or service animal sexual orientation military/veteran status or any other status protected by federal state or local law. We value the unique contributions of every team member and believe that a positive work environment benefits everyone.
Qualified individuals with disabilities who require reasonable accommodations in order to apply or compete for positions at Nelnet may request such accommodations by contacting Corporate Recruiting ator.
Nelnet is a Drug Free and Tobacco Free Workplace.
Required Experience:
Manager
Employment Type
Full-Time
