'Tax Senior Manager - National Tax - Tax Credit Investment Advisory Services - Boston' - Ernst & Young (Boston, Massachusetts)

Within Ernst & Young's renowned National Tax practice, the Tax Credit Investment Advisory Services (TCIAS) group helps clients to identify and analyze the issues surrounding the acquisition and management of various tax credit investments including the Affordable Housing Tax Credit, Historic Property Tax Credit, New Markets Tax Credit and other emerging tax credit opportunities.

TCIAS reviews our clients' proposed investments including the transaction structure, underlying properties and the tax credit sponsor. We assist the client in evaluating the return on investment and validate whether the return is consistent with market trends. Through these services, we help our clients understand alternative tax credit investment options and help them make sound investment decisions by identifying issues and risks.

As a leading advisor on tax credit investments, Ernst & Young has first-rate industry reach and knowledge. We leverage that knowledge to improve our clients' management procedures and systems through industry benchmarking analysis and best practices recommendations. Our services help clients evaluate such items as financial modeling, capital sourcing, compensation studies and success planning.

Responsibilities
Demonstrate understanding of the real estate industry and tax credits, particularly with regard to modeling low-income housing tax credit and historic rehabilitation tax credit transactions.

Demonstrate experience in or the capability to read and analyze market studies, operating expenses, development and operating pro formas, benefits schedules, tax opinions, environmental reports, construction cost reviews and partnership agreements.

Collaborate in writing reports to corporate clients in a clear and professional manner.

Thoroughly and accurately analyze information. Prepare quality, practical approaches to the client's tax situation and arrive at appropriate conclusions.

Participate in and contribute to attaining team goals. Help to develop and guide staff and other junior tax professionals by providing effective performance feedback and ensuring team responsibilities are consistent with skills and developmental goals.

Develop a thorough understanding of EY methodologies and tools to enhance service delivery. Proactively seek opportunities to provide tax services. Challenge traditional procedures used in the past and attempt to find new, more effective approaches.