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Analyze GAAP based financial statements, including income statements, balance sheets, cash flow statements, and footnotes. Evaluate financial health through trend and variance analysis, business risk assessments and reconciliation of supporting schedules to validate client statements. Understand and interpret financial statement activity to ask meaningful questions and understand and document client responses. Identify and understand accounting anomalies, consolidation issues, contingent liabilities, and off balance sheet risks. Understand the risks associated with LIHTC investments, including guarantor requirements and risks, tax credit implications and capital stack arrangements. Prepare comprehensive narrative documenting financial analysis, potential concerns, and conclusions about the financial health of sponsors and guarantors for inclusion in investment proposals and internal communications. Maintain a courteous, confident, and solution oriented tone that fosters trust and long term relationships. Collaborate actively with managers, peers, and internal teams to manage expectations, address timing concerns, and resolve issues related to document collection and analysis outcomes in a timely manner. Foster an open environment of continuous process improvement and proactive internal and external relationship management. Communicate clearly across departments to ensure alignment with underwriting standards and investment policies. Support the team by conducting various financial analyses and participating in special projects as needed.
Job Responsibility:
Analyze GAAP based financial statements, including income statements, balance sheets, cash flow statements, and footnotes
Evaluate financial health through trend and variance analysis, business risk assessments and reconciliation of supporting schedules to validate client statements
Understand and interpret financial statement activity to ask meaningful questions and understand and document client responses
Identify and understand accounting anomalies, consolidation issues, contingent liabilities, and off balance sheet risks
Understand the risks associated with LIHTC investments, including guarantor requirements and risks, tax credit implications and capital stack arrangements
Prepare comprehensive narrative documenting financial analysis, potential concerns, and conclusions about the financial health of sponsors and guarantors for inclusion in investment proposals and internal communications
Maintain a courteous, confident, and solution oriented tone that fosters trust and long term relationships
Collaborate actively with managers, peers, and internal teams to manage expectations, address timing concerns, and resolve issues related to document collection and analysis outcomes in a timely manner
Foster an open environment of continuous process improvement and proactive internal and external relationship management
Communicate clearly across departments to ensure alignment with underwriting standards and investment policies
Support the team by conducting various financial analyses and participating in special projects as needed
Requirements:
Bachelor’s degree in accounting, finance, or a related field
CPA or progress toward CPA designation preferred
Minimum 2 years of experience in GAAP-based financial analysis, public accounting, or real estate finance
Experience in LIHTC, structured finance or credit underwriting preferred
Strong understanding of GAAP principles, tax accounting, and financial statement interpretation
Ability to trace and reconcile financial statement line items to supporting schedules and source documentation
Fluency in debits and credits and their implications on financial statements and financial analysis
Exceptional written and verbal communication skills
Nice to have:
Experience in LIHTC, structured finance or credit underwriting preferred