Note: The job is a remote job and is open to candidates in USA. Enterprise is a national nonprofit focused on making good homes possible through community development, capital investment, housing policy, and community management. The Senior Manager will oversee the accuracy and integrity of LIHTC investment structuring, refine financial models, support transaction closings and post-closing reviews, and collaborate with internal teams and external partners on tax and structuring matters.
Responsibilities
- Review and refine financial models to ensure alignment with Enterprise modeling standards, including investor capital account and minimum gain analysis, evaluating entity structures, and confirming development cost classification
- Support underwriters and analysts by developing specialized model schedules, including those related to effective interest, OID, and other tax structuring conventions
- Partner with FIRM and Investor Relations to provide accurate, investor-ready financial information and return analyses
- Ensure consistency between project-level financial data and investor-facing financial models
- Assist with initial equity funding at transaction closings
- Review post-closing documentation—including Form 8609s, cost certifications, lease-up schedules, and tax returns—to update financial models
- Participate in tax credit adjuster calculations and provide final review as needed
- Implement model updates reflecting tax credit adjusters and structural changes
- Contribute to the training and onboarding of new analysts and underwriters
- Work cross-functionally on special projects requiring tax and structuring expertise
- Coordinate with external counsel on transaction closing schedules and structuring considerations
- Support Asset Management group in evaluating the impact of post-closing structural or financial changes
- Serve as a key feedback resource for both initial deal structuring and post-closing modifications
Skills
- Bachelor's degree in Business, Accounting (with a preference for Tax Accounting), Finance, or related field
- 10+ years of experience with LIHTC and knowledge of other federal tax credit programs (historic, solar, new markets)
- Extensive understanding of tax structuring issues in LIHTC transactions
- 10+ years of advanced Excel modeling experience, including modeling for tax-incentivized real estate deals
- Knowledge of real estate ownership structures and entity classifications
- General understanding of accounting treatment for construction costs
- Strong communication and interpersonal skills; comfortable working across multiple departments
- High attention to detail, ability to work independently, and confidence navigating fast-paced, deadline-driven workflows
- Willingness to participate as a presenter in team or company training sessions
- A Master's degree is a preference
- Familiarity with state credit programs is a plus
Benefits
- Annual performance bonuses
- Generous paid leave programs
- Dental, health, and vision care plans
- Adoption and surrogacy support
- Flexible work arrangements to promote work-life balance
- Health advocacy
- An Employee Assistance Program (EAP)
- Mental health benefits
- Financial education
- Wellness programs
- Auto-enrollment in the company’s 401(k) plan with employer matching contributions
- Learning and development opportunities
- Tuition reimbursement for job-related courses and certifications
Company Overview
Company H1B Sponsorship