Energy Credits Senior Manager - TCIA

Cherry Bekaert LLP; Augusta (GA); On-site; USD 139,000 - 216,000; Full time

Job summary

Cherry Bekaert LLP is seeking a Senior Manager for the Tax Credits and Incentives Advisory Practice in the United States. The role focuses on Inflation Reduction Act energy credits and structuring clean energy tax credit transactions to maximize monetization.

You will lead a small team, work with tax partners, and help grow our renewable energy practice through webinars and articles. Ideal candidates have 7+ years of tax planning experience, a Bachelor's in accounting/finance, knowledge of HLBV

Qualifications

• 7+ years of experience providing tax planning services or preparing and reviewing client work papers and income tax returns
• 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%

Responsibilities

• Provide tax equity investment consulting services for clients in the TCIA practice
• Lead and grow a small team with experience in credits and incentives
• Build Cherry Bekaert’s renewable energy practice through webinars and published articles
• Collaborate with tax partners to identify and pursue credit transfer opportunities
• Engage with outside brokers and firms offering transferability credits

Skills

Verbal and written communication

Financial modeling

Tax planning

Team leadership

Education

Bachelor’s degree in accounting/finance/business

CPA/EA or certification in process

Tools

HLBV Accounting Concepts

Job description

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 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:

1. 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)

1. Experience with the Transferability rules (Section 6418) and experience with prior credit transferability transactions.
2. Experience with the Direct Pay regime (Section 6417)
3. Eligible basis substantiation
4. Cost segregation support
5. Credit adders and enhancers including

• Prevailing wage & apprenticeship
• Domestic content
• Energy Community qualification

1. Foreign Entity of Concern rules
2. Credit recapture risk
3. 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

Benefits Information:

Cherry Bekaert cares about our people. We offer competitive compensation packages based on performance that recognize the value our people bring to our clients and our Firm. The salary range for this position is included below. Individual salaries within this range are determined by a variety of factors including but not limited to the role, function and associated responsibilities, a candidate’s work experience, education, knowledge, skills, and geographic location. In addition, we offer a comprehensive, high-quality benefits program (https://careers.cbh.com/benefits/) which includes annual bonus, medical, dental, and vision care; disability and life insurance; generous Paid Time Off; retirement plans; Paid Care Leave; and other programs that are dedicated to enhancing your personal and work life and providing you and your family with a measure of financial protection.

Pay Range:

$138,800-$215,900

About Cherry Bekaert

Cherry Bekaert, ranked among the largest assurance, tax and advisory firms in the U.S., serves clients across industries in all 50 U.S. states and internationally. For more details, visit https://www.cbh.com/disclosure/

Cherry Bekaert provides equal employment opportunities to applicants and employees without regard to race, color, religion, age, sex, sexual orientation, gender identity/expression, national origin, citizenship status, protected veteran status, disability status, or any other category protected by applicable federal, state or local laws. https://careers.cbh.com/legal-disclosures/ contains further information regarding the firm's compliance with federal, state and local recruitment and hiring laws.

Candidates must demonstrate eligibility to work in the United States.Cherry Bekaert will not provideworksponsorship for this position.

Cherry Bekaert LLP and Cherry Bekaert Advisory LLC are members of Allinial Global, an accountancy and business advisory global association. Visit us at https://careers.cbh.com/ and follow us onLinkedIn,Instagram, Twitterand Facebook.