Client Services Accountant
The Client Services Accountant at Twain Financial Partners (“Twain”) is responsible for the management of 50-60 New Markets Tax Credit Investment Funds. This full-time position is located in St. Louis, Missouri and requires little or no travel.
Responsibilities
- Maintain accurate bookkeeping for each legal entity
- Communicate with all partners within a deal structure in order to understand deal-specific nuances and to effectively problem solve
- Act as point of contact for investors, CDEs and leverage lenders within the deal
- Monitor cash flows through the NMTC deal structure
- Prepare wire transfers/ACH for distributions, loan advances and payments, obtaining appropriate approvals
- Review closing documents and reporting requirements, identifying any inconsistencies between loan documents and projections — work with attorneys/accountants to correct errors
- Create and maintain leverage loan schedules and initiate payments
- Prepare quarterly and annual financial statements
- Facilitate audits and tax return preparation by third-party accounting firms
- Provide instruction/guidance to CDEs within the managed deals
- Calculate annual priority returns and/or excess cash distributions to the Investor
- Collect annual fund management fees and expense reimbursements
Requirements
- Accounting or finance degree
Preferred Experience
- Excellent mathematical and analytical skills
- Accounting and general ledger maintenance
- Expert ability to identify and resolve exceptions and to interpret data
- Ability to multi-task and be driven by a fast paced environment
- Must be able to meet deadlines
- Must be able to work independently but also in a team environment