Lincoln, NE, 68503, USA
1 day ago
Controller - Nelnet Tax Credit Services
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 K-12 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, you're 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 nationally-recognized solar tax credit investor, investing for its own balance sheet as well as on behalf of others. In addition to earning a return on these direct investments, Nelnet Tax Credit Services (NTCS) earns an advisory fee based on assets managed and consulting fees for value-adds generated for our solar developers. Nelnet also co-develops and co-owns select solar projects to enjoy the long-term cashflows generated by such projects. This role is responsible for the financial management and reporting of NTCS’s operations and investments, assisting with tax credit compliance and oversight, facilitating investor relations and reporting, project budgeting and forecasting, tax credit allocation and documentation, internal controls and process improvements/automation, collaboration and communication with internal and external stakeholders, managing risk, and assisting with team training and leadership. + Ensure propriety of accounting entries related to the financial reporting of tax credit investment portfolios, ensuring compliance with GAAP. Effectively manage the accounting and financial statements for multiple legal entities, including intercompany transactions, minority interests, revenue recognition, and HLBV accounting. Effectively track and report on investment performance (ROI, IRR, NPV, etc). + Coordinate and oversee audits (financial statement and tax) and internal controls. Responsible for ensuring the accuracy and integrity of financial data related to tax credit investments. Identify areas for process improvements in managing tax credit projects and investor reporting. + Assist team members with tax credit compliance and oversight of projects. Assist with adherence to program-specific rules maintaining eligibility for tax credits, meeting deadlines, and proper documentation. Work closely with other team members as well as other legal and tax advisors to ensure proper structuring of investment and tax credit claims. + Prepare investor reports, ensuring timely and accurate updates on tax credit investments, including performance, projected returns, and compliance status. Manage communication with investors, providing insights into the financial health and progress of their investments. Coordinate the distribution of tax credits to investors, including all tax-related reporting and other disclosure. + Assist with review of models and other constructs to develop new, innovative products within the tax credit investment space. Present the summary of such ideas, balancing risks and opportunities. Demonstrate the ability to analyze financial scenarios of various opportunities and business models. + Manage the budgeting, accounting, and financial reporting related to the operations of the NTCS division, including consulting fee revenue, advisory fee revenue, investment performance, and all related operating expenses. + Review and oversee partnership tax planning and tax compliance as it relates to Nelnet’s tax credit investments and other renewable energy joint venture investments. Includes leadership and review of tax-specific provisions and regulations, including multiple facets of partnership taxation. + Coordinate with external auditors, solar development partners, third-party investors, tax consultants, legal advisors, and internal teams to facilitate tax credit reporting and compliance. Collaborate with accounting, finance, and project teams to ensure seamless execution of investment strategies. + Preparation and review of cashflow and income statement forecasting. Report historical results and future projections in a meaningful way with a lens toward optimizing the business through key performance indicators, structural efficiencies, and financial acumen. + Identify potential risks related to tax credit investments and work on strategies to mitigate these risks. Ensure all financial operations and transactions are legally compliant and consistent with investor agreements. + Lead, mentor, and provide guidance to junior accounting and finance staff within NTCS. Stay updated on changes in both GAAP provisions as well as tax law and tax credit regulations to ensure the company’s investments remain compliant. **Pay Range for this position - $150,000 to $170,000, depending on experience. Please note this position is hybrid in Lincoln, NE. **EDUCATION** : 4 year college degree in accounting or finance required, Advanced degree and related certifications preferred **EXPERIENCE** : + 8+ years of experience in finance and/or accounting, tax experience is preferred. + Commensurate executive leadership and supervisory experience required. **COMPETENCIES – SKILLS/KNOWLEDGE/ABILITIES:** + In-depth knowledge of financial, accounting, treasury and capital market activities. Strong HLBV accounting knowledge + Excellent interpersonal, communication and presentation skills + Demonstrated ability to manage multiple priorities while leading team members and working across the organization with colleagues to achieve results + Strong analytical and problem solving skills, with ability to achieve goals + Decision Making and Critical Thinking + Demonstrated aptitude for evaluating and implementing automation and new technologies + Planning: Tactical, Strategic, Analytical + Desire to continually learn in an every-changing environment + Innovative to work within a regulated framework to create win/wins and value creation + Team management and team building 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, performance-based incentive pay, short- and long-term disability, and a robust wellness program. Click here to learn more about our benefits: LINK (http://nelnetinc.com/careers/benefits/) . 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 at 402-486-5725 or corporaterecruiting@nelnet.net . Nelnet is a Drug Free and Tobacco Free Workplace. You may know Nelnet as the nation’s largest student loan servicer – but we do more than that. _A lot more._ We’re also a professional services company, consumer loan originator and servicer, payment processor, renewable energy innovator, and K-12 and higher education expert (and that’s just a shortlist). For over 40 years, we’ve been serving our customers, associates, and communities to make dreams possible. EEO Info (https://nelnetinc.com/wp-content/uploads/EEO-poster.pdf) | EEO Letter (https://nelnetinc.com/wp-content/uploads/EEO-Jeffs-Letter.pdf) | EPPA Info (https://nelnetinc.com/wp-content/uploads/Employee-Polygraph-Protection-Act-Poster.pdf) | FMLA Info (https://nelnetinc.com/wp-content/uploads/FMLA-Leave.pdf)
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