Position Summary:An opportunity to be entrepreneurial and team up to grow a division within our Real Estate group. Lead a team of tax professionals as a signer for Partnership and Corporate returns in our Community and Economic Development niche, primarily. Director will have the opportunity to work with other clients and industries in our corporate tax division. This Director will partner with experts in the niche with business development, proposals, external webinars, training, and provide tax thought leadership, consulting, and training for the firm in the areas of partnerships and federal tax credit programs. This will be a client facing strategic position working side by side with the assurance partner where appropriate. Ideally this candidate has been involved with real estate multi-family residential and commercial development deals from inception to exit.
Responsibilities:- Consult with developer clients and owners on complex tax issues through all phases of the projects from processing applications to syndication and loan closing
- Read through and analyze tax opinions for tax implications of new projects
- Experience with low-income housing tax credits (LIHTC), new markets tax credits (NMTC), historic rehabilitation tax credits (HRTC) is ideal
- Review financial forecasts for tax credit projects. Past preparation of financial forecasts for these tax credit programs is a plus
- Consult with clients, finance team members, and client tax attorneys on ways to optimize tax credit equity investments by evaluating different ownership structures, federal and state subsidies as well as debt and equity financing options
- Develop reference materials and standardize approach and procedures within the tax practice
- Document and reference assumptions used in the financial forecasts and projections
- Develop and deliver training for staff members in area of expertise
- Demonstrates and maintains high-level technical knowledge in the tax field
Qualifications:- BS in Accounting, MST preferred.
- CPA or EA Required
- 10+ years' progressive tax experience, demonstrated knowledge of limited partnerships and limited liability companies, with strong knowledge of up-to-date tax guidelines
- Well-versed in all realms of relevant tax credit programs, including the low-income housing credit (LIHTC), historic (HRTC), new markets (NMTC) and renewable energy tax credits (RETC).
- Exhibit interest in developing a better knowledge of community development finance and other tax credit subsidized investments
- Excellent verbal and written communication skills; works well in teams; detail oriented
- Consulting and business development experience preferred
- Strong organizational and follow-through skills, ability to coordinate complex activities and prioritize conflicting demands and deadlines
**Please note that while this position is remote, occasional travel to client locations, corporate meetings and trainings may be required to facilitate effective collaboration and engagement implementation.
Benefits- Competitive Salary and Bonus Plan
- Flexible, Work from Anywhere Policy (Westborough, Boston, hybrid, or remote)
- Comprehensive Benefits Package (subsidized medical and dental, 401(k), life insurance and disability coverage)
- Generous and flexible PTO
- On-staff Leadership and Professional Development Coaching and Training
- Complimentary Consultations with AAF Wealth Management Wealth Advisors
- Abundant Learning and Development (CPE) Catalog and Resources
- Firm-sponsored Memberships (AICPA and State CPA Society)
- Zip2CPA and Tailored MBA Programs
- Peer-driven and Partner-nominated Awards
- Team Member Referral Incentives
- Full access to AAFCPAs' Automation Center of Excellence to streamline manual processes
The salary range for this position reflects a broad set of factors considered in compensation decisions, including-but not limited to-skills, experience, training, certifications, and overall business needs. The stated range has not been adjusted for geographic differentials that may apply based on the position's location. At AAFCPAs, it is uncommon for an individual to be hired at or near the top of the range, as compensation decisions are based on each candidate's specific background and circumstances. A reasonable estimate of the current salary range for this role is
$138,000 - $ 175,000 per year not inclusive of bonus potential.