Client Services Accountant
About TWAIN Financial Partners
Twain Financial Partners is an investment management firm located in St. Louis, MO with over $4 billion in assets under management within the public-private partnership sector. The firm works with a wide variety of investment types, specializing in tax credit, structured debt, and real estate transactions. Twain works closely with financial institutions, corporations, and high-net-worth individuals to structure and manage investments that offer both attractive economic return and social benefits.
General Information
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.
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
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