Financial Forecasting Intern

LIHTC Leaders; Cleveland (OH); Hybrid; USD 31,000 - 44,000; Part time

Benefits offered by this job

Paid holidays

Flexible schedule

Remote/hybrid options

Inclusive workplace

Professional growth opportunities

Job summary

Novogradac is offering a Financial Forecasting Accountant internship in Cleveland, OH. Under supervision, you will support financial forecasting for tax credit subsidized transactions and learn to leverage data from clients’ financial statements and agreements.

This internship invites candidates pursuing a bachelor’s degree with strong Excel and communication skills, a GPA of 3.2+, and an interest in community development finance.

Qualifications

• Pursuing a Bachelor’s degree in accounting, finance, or economics with a GPA of 3.2 or higher
• Ability to sit for the CPA exam or having passed sections is a plus
• Strong interest in community development finance and tax credit subsidies

Responsibilities

• Prepare financial forecasts for tax credit subsidized transactions under supervision
• Extract and assess financial data from client documents (LOIs, audited statements, tax returns)
• Suggest optimization of tax credit equity investments through ownership structures and subsidies
• Document assumptions and prepare summarized reports
• Support accounting, audit, and tax engagements as needed

Skills

Communication skills

Excel

Attention to detail

Teamwork

Time management

CPA exam eligible

Education

Pursuing Bachelor’s degree; GPA 3.2+

Tools

MS Office

Job description

Location: Cleveland, OH

Employment Type: Internship

It's fun to work in a company where people truly BELIEVE in what they're doing!

We're committed to bringing passion and customer focus to the business.

Dare to bring your unique perspective?

At Novogradac, we value individuals who bring unique perspectives and bold ideas. If you’re eager to contribute to an inclusive, innovative environment where your personal and professional growth is encouraged and supported, we invite you to explore this exciting opportunity with us.

Position Summary

Under close supervision, this Financial Forecasting Accountant internship role, which specializes in financial forecasting and mixed-finance transaction structuring, will complete a variety of assignments as designated by the Supervisor or Manager. Some positions at Novogradac may be open to remote or hybrid work arrangements depending on business needs. Please discuss available options with your recruiter.

Your Contributions and Responsibilities

• Complete assignments, including the preparation of financial forecasts for tax credit subsidized transactions as directed by the Senior or Manager
• Evaluate and extract financial and non-financial data from information provided by clients, including letters of intent, audited financial statements, tax returns, partnership agreements, loan agreements and other documents
• Consult with the Senior on ways to optimize tax credit equity investments by evaluating different ownership structures, federal and state subsidies, as well as debt and equity financing options
• Document and reference assumptions used in the financial forecasts
• Prepare summarized financial data reports
• Identify and communicate potential problem areas during engagements
• Assist with accounting, audit and tax engagements with respect to year-end financial statement audits and tax returns as well as cost certifications and cost segregation studies
• Other duties and projects as assigned

Your Background and Skills

• Working toward a Bachelor’s degree, preferably in accounting, finance, or economics
• GPA of 3.2 or higher
• Ability to sit for the CPA exam or passed sections of the CPA exam is a plus
• Exhibit interest in developing a better knowledge of community development finance, renewable energy and other tax credit subsidized investments
• Excellent verbal and written communication skills
• Perform work accurately and in a time-efficient manner with strong attention to detail
• Strong organizational and follow-through skills, ability to coordinate complex activities and prioritize conflicting demands and deadlines
• Ability to accept constructive feedback and make adjustments as directed
• Ability to work collaboratively and foster a productive, team-oriented environment
• Strong computer skills, including solid skill in the Microsoft Office suite (particularly Excel) and report writing tools, and ability to learn new programs quickly
• Maintain a professional demeanor with coworkers and clients
• Adhere to internal Firm deadlines (time entry)

Why work with us?

Novogradac is committed to fostering a welcoming workplace where all employees feel valued and empowered to grow. We believe in offering a supportive, balanced work environment that encourages professional growth and work-life integration.

We Are Proud To Offer

• Increased number of paid holidays per year
• Competitive salaries with continuous review of market conditions
• Flexible working hours and work arrangements
• Remote and hybrid opportunities
• Inclusive workplace, providing strong professional growth and development opportunities.

The benefits of joining our team

• Strong growth opportunities
• Competitive benefits package401(k) package with firm profit-sharing
• Discretionary annual bonuses for eligible positions & CPA bonus plan
• Strong emphasis on quality work-life integrationDress for your day policy
• Resources of a national firm
• Opportunities to engage with our active Employee Resource Groups (ERGs), affinity groups, and advance your career within a supportive, inclusive environment
• Compensation: $27/hour depending on experience.

Get to know us better!

We’re Novogradac, a national certified public accounting and consulting firm headquartered in San Francisco. Founded in 1989, the allied group of Novogradac companies has grown to more than 900 employees and partners with more than 25 offices throughout the country.

Novogradac is one of the nation’s top 40 certified public accounting and consulting firms and is a recognized leader in real estate and community development. Novogradac provides publicly and privately held national enterprises with a full spectrum of audit, tax, valuation, expert witness and litigation support, property compliance and general consulting services and works extensively in the affordable housing, community development, historic preservation and renewable energy fields.

Commitment to Inclusion

Novogradac is committed to ensuring a fair and inclusive recruitment process, making reasonable accommodations to individuals with disabilities or special needs throughout the application process. We encourage applicants from all backgrounds, identities, and experiences to apply, as we believe that unique perspectives strengthen our ability to achieve excellence.

Novogradac and Company LLP is an equal opportunity employer.

Novogradac’s culture is centered on education, acceptance, innovation and opportunity. We value diversity and respect the different perspectives that each of our employees bring to Novogradac no matter their age, race, religion, gender identity or sexual orientation. We are committed to creating an equitable and inclusive workplace for our entire workforce.

By submitting an application with us, you are providing Novogradac with personal information. More information on how we use your personal information may be found in our Privacy Notice at Collection.