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National Equity Fund, Inc. · 17 hours ago

Financial Analyst

Chicago, IL

Full-time

Onsite

Entry Level

1+ years exp

National Equity Fund, Inc. (NEF) is a leading non-profit syndicator of low-income housing tax credits, seeking a Financial Analyst to support new business initiatives. The role involves assisting with year-end project reporting, managing project-level tax returns and audits, and performing financial analysis in collaboration with the asset management department.

ConsultingFinancial ServicesProperty ManagementReal Estate Investment

Responsibilities

Participate in all essential year-end reporting functions, including collection and review of project-level tax returns, audits, and related documentation to meet all required investor reporting deadlines

Maintain a positive relationship with project-level sponsors and CPAs through clear and concise communication with them to achieve year-end reporting deadlines

Continuously communicate with the VP of Financial Analysis and the Financial Analysis Senior Manager to discuss delays and/or issues related to year-end project reporting and other assigned tasks

Perform a detailed review of draft and final audited financial statements and tax returns using standard checklists, ensuring accuracy and addressing discrepancies or unusual items with lower-tier CPAs and sponsors

Analyze variances between projections and actual P&L activity, coordinating with NEF Asset Managers to obtain explanation for material variances and/or tax credit calculations

Conduct quarterly project-level financial analysis to streamline preparation to NEF Asset Management, provide operational insight, and support the Asset Management team

Maintain and update critical documentation throughout the year related to tax concepts such as bonus depreciation, reportable entities and minimum gain, ensuring accuracy and consistency

Identify SMT and process improvement opportunities, discuss change requests with the VP of Financial Analysis and Financial Analysis Senior Manager, and initiate follow-through w/ IT to achieve desired objective

Take on additional tasks as assigned to support departmental goals

Qualification

GAAP accountingFinancial analysisTax returnsCPA designationMicrosoft ExcelProcess improvementAttention to detailCommunication skillsIndependent work

Required

Bachelor's degree in Accounting

1-2 years tax or audit experience

Knowledge of GAAP accounting and reporting

Strong attention to detail

Ability to work independently

Manage multiple workstreams and projects in a logical, organized, and process-driven manner

Demonstrate initiative to undertake projects and pursue professional development opportunities

Excellent Microsoft Excel skills, especially with data and logic functions

Strong written and verbal communication skills

Preferred

CPA designation

Partnership K-1 experience

Financial reporting and variance analysis experience

Experience with VBA

Benefits

Comprehensive benefits package

Company

National Equity Fund, Inc.

Founded in 1987

Chicago, Illinois, USA

51-200 employees

https://www.nationalequityfund.org/

Funding

Current Stage

Growth Stage

Leadership Team

Matthew Reilein

President and CEO

Recent News

PR Newswire

National Equity Fund Delivers Exceptional 2025 Performance With $2.5B in Affordable Housing Investments and Record LIHTC Production of Nearly $2.0B

2026-01-15

PR Newswire

NeighborWorks Capital and National Equity Fund Close on Inaugural LIHTC Equity Fund to Empower Non-Profit Organizations

2025-12-10

Business Wire

BRIDGE Housing Bond Issue Exceeds Expectations, Raising $175 Million to Accelerate Development and Acquisition of Affordable Housing

2025-10-24

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