Energy Credits Senior Manager - TCIA

Senior Manager, Tax Credits and Incentives Advisory Practice

As a Senior Manager in our Tax Credits and Incentives Advisory (TCIA) Practice, you will draw on experience in accounting and taxation to provide tax equity investment consulting services for clients. You will be a leader in a team comprised of professionals with significant experience in the credits and incentives space. We are looking for someone with Inflation Reduction Act Energy Credits experience.

Cherry Bekaert is aware that significant expertise is required in the market to structure clean energy tax credit transactions to maximize monetization of these attributes. You will help to lead and grow a small team with significant industry deal and modeling experience to build Cherry Bekaert's renewable energy practice. Key items upon which to build this practice include:

• Understand the post-OB3 credit regime including:
• ITCs for solar, wind, storage, etc. (Sections 48/48E)
• Production Tax Credits (Sections 45/45E)
• Clean Hydrogen (Section 45V)
• Clean Fuel (Section 45Z)
• Advanced Manufacturing (Section 45X)
• Nuclear (Section 45U)
• Carbon Sequestration (Section 45Q)
• Clean Fuel (Section 45Z)
• Experience with the Transferability rules (Section 6418) and experience with prior credit transferability transactions.
• Experience with the Direct Pay regime (Section 6417)
• Eligible basis substantiation
• Cost segregation support
• Credit adders and enhancers including:
• Prevailing wage & apprenticeship
• Domestic content
• Energy Community qualification
• Foreign Entity of Concern rules
• Credit recapture risk
• General understanding of tax equity transaction mechanics

The best candidates will assist in building our market presence through webinars and published articles. They will also work closely with the core tax partners of the firm to proactively bring credit transfer opportunities to them. They will also proactively work with outside brokers and firms offering available tax credits on the transferability market.

What you bring to the role:

• 7+ years' experience providing tax planning services or preparing and reviewing client work papers and income tax returns
• Bachelor's degree in accounting, finance, or other business-related field
• Knowledge of HLBV Accounting Concepts
• Certified or in the process of obtaining a CPA, enrolled agent, or other appropriate certification
• Financial modeling expertise
• Travel up to 10%

Skills you need for this role:

• Previous Big 4 experience
• Experience working in a fast-paced, team environment
• Strong verbal and written communication skills
• Knowledge of fund accounting and general ledger accounting
• Demonstrated basic understanding of Subchapter K and investment partnership taxation
• Demonstrated knowledge of tax equity investment structures
• Knowledge of the investment and production tax credits associated with wind, solar, biomass projects

What you can expect from us:

• Our shared values that foster inclusion and belonging including uncompromising integrity, collaboration, trust, and mutual respect
• The opportunity to innovate and do work that motivates and engages you
• A collaborative environment focused on enabling you to further your career growth and continuous professional development
• Competitive compensation and a total rewards package that focuses on all aspects of your wellbeing
• Flexibility to do impactful work and the time to enjoy your life outside of work
• Opportunities to connect and learn from professionals from different backgrounds and with different cultures

Pay Range: $138,800-$215,900