Nelnet
Overview
Nelnet is a diversified and innovative company committed to enriching lives through the power of service as a student loan servicer, professional services company, consumer loan originator and servicer, payments processor, renewable energy solutions, and K-12 and higher education expert. For over 40 years, Nelnet has been serving its customers, associates, and communities. The company seeks a tax manager to support its growing portfolio of partnership investments, including real estate, renewable energy, infrastructure, and venture capital, by managing complex partnership tax principles, planning, compliance, and related reporting. The position will review operating agreements, manage hypothetical book liquidation at value methods used for financial statements, ensure propriety of tax compliance for these investments, review partnership benefit schedules and related calculations, and report tax disclosures to investors and federal/state authorities. The role will closely partner with the Nelnet Tax Credit Services Controller, the Executive Director of Tax and Renewable Energy, Nelnet’s real estate and venture capital teams, other tax professionals, co-investors, and other finance professionals within Nelnet Tax Credit Services. Responsibilities
Prepare and/or review the after-tax benefit schedule for various partnership investments (renewable energy, real estate, infrastructure, etc.).
Oversee and review the preparation of hypothetical liquidation book value calculations for Nelnet and co-investor financial statements.
Manage tax compliance and planning for Nelnet’s partnership investments, including tax return review, correspondence with external tax preparers, and staff assignment for internal tax return preparation.
Partner with Nelnet’s tax department and renewable energy department to provide information and optimize workflows to meet co-investor and regulatory deadlines.
Prepare quarterly tax estimates of anticipated tax credits and flow-through income/loss for internal and external reporting.
Manage complex calculations related to federal credits, book capital accounts, inside and outside tax basis, and tax attribute carryforwards.
Participate in the due diligence phase of investments to manage risks, provide tax modeling and operating agreement review, maximize profitability, and establish mechanics for post-close management.
Review and maintain capital accounts, including year-end fundings and deficit restoration obligations.
Review and maintain book-to-tax differences related to Nelnet’s partnership investments.
Education
Bachelors Degree required in Accounting or Business Administration. CPA preferred. Experience
2+ years of tax compliance and return preparation experience in public accounting. Partnership taxation experience is preferred. Competencies – Skills/Knowledge/Abilities
Consistent, high-quality results; credible finance leadership; effective cross-team collaboration.
Extensive Microsoft Excel experience; ability to organize large data sets.
Efficiency, accountability, and multitasking in a fast-paced environment; strong follow-through.
Energy, drive, and motivation; willingness to expand the role to support accounting, legal, and tax teams.
Entrepreneurial mindset; strong project management and organizational skills.
Broad business knowledge (law, accounting, tax, and human resources preferred).
Strong experience with structuring transactions and proficiency in partnership taxation.
Ability to work under stress and independently, with flexibility to manage multiple priorities.
Strong, confident communication; effective written and verbal communication across all levels of the organization.
Pay and Benefits
Pay Range for this position is $100,000 - $150,000. Benefits include medical, dental, vision, HSA and FSA, generous earned time off, 401K/student loan repayment, life insurance and AD&D, employee assistance program, employee stock purchase program, tuition reimbursement, performance-based incentive pay, short- and long-term disability, and a robust wellness program. Equal Opportunity Employer: Nelnet is committed to providing a welcoming and respectful workplace where all associates have the opportunity to succeed. Employment decisions are made without regard to race, color, religion/creed, national origin, gender, sex, marital status, age, disability, use of a guide dog or service animal, sexual orientation, military/veteran status, or any other status protected by law. We value the unique contributions of every team member and believe that a positive work environment benefits everyone. Qualified individuals with disabilities who require reasonable accommodations may contact Corporate Recruiting at 402-486-5725 or corporaterecruiting@nelnet.net. Nelnet is a Drug Free and Tobacco Free Workplace. You may know Nelnet as the nation’s largest student loan servicer—but we do more than that. We’re also a professional services company, consumer loan originator and servicer, payment processor, renewable energy innovator, and K-12 and higher education expert. For over 40 years, we’ve been serving our customers, associates, and communities to make dreams possible.
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Nelnet is a diversified and innovative company committed to enriching lives through the power of service as a student loan servicer, professional services company, consumer loan originator and servicer, payments processor, renewable energy solutions, and K-12 and higher education expert. For over 40 years, Nelnet has been serving its customers, associates, and communities. The company seeks a tax manager to support its growing portfolio of partnership investments, including real estate, renewable energy, infrastructure, and venture capital, by managing complex partnership tax principles, planning, compliance, and related reporting. The position will review operating agreements, manage hypothetical book liquidation at value methods used for financial statements, ensure propriety of tax compliance for these investments, review partnership benefit schedules and related calculations, and report tax disclosures to investors and federal/state authorities. The role will closely partner with the Nelnet Tax Credit Services Controller, the Executive Director of Tax and Renewable Energy, Nelnet’s real estate and venture capital teams, other tax professionals, co-investors, and other finance professionals within Nelnet Tax Credit Services. Responsibilities
Prepare and/or review the after-tax benefit schedule for various partnership investments (renewable energy, real estate, infrastructure, etc.).
Oversee and review the preparation of hypothetical liquidation book value calculations for Nelnet and co-investor financial statements.
Manage tax compliance and planning for Nelnet’s partnership investments, including tax return review, correspondence with external tax preparers, and staff assignment for internal tax return preparation.
Partner with Nelnet’s tax department and renewable energy department to provide information and optimize workflows to meet co-investor and regulatory deadlines.
Prepare quarterly tax estimates of anticipated tax credits and flow-through income/loss for internal and external reporting.
Manage complex calculations related to federal credits, book capital accounts, inside and outside tax basis, and tax attribute carryforwards.
Participate in the due diligence phase of investments to manage risks, provide tax modeling and operating agreement review, maximize profitability, and establish mechanics for post-close management.
Review and maintain capital accounts, including year-end fundings and deficit restoration obligations.
Review and maintain book-to-tax differences related to Nelnet’s partnership investments.
Education
Bachelors Degree required in Accounting or Business Administration. CPA preferred. Experience
2+ years of tax compliance and return preparation experience in public accounting. Partnership taxation experience is preferred. Competencies – Skills/Knowledge/Abilities
Consistent, high-quality results; credible finance leadership; effective cross-team collaboration.
Extensive Microsoft Excel experience; ability to organize large data sets.
Efficiency, accountability, and multitasking in a fast-paced environment; strong follow-through.
Energy, drive, and motivation; willingness to expand the role to support accounting, legal, and tax teams.
Entrepreneurial mindset; strong project management and organizational skills.
Broad business knowledge (law, accounting, tax, and human resources preferred).
Strong experience with structuring transactions and proficiency in partnership taxation.
Ability to work under stress and independently, with flexibility to manage multiple priorities.
Strong, confident communication; effective written and verbal communication across all levels of the organization.
Pay and Benefits
Pay Range for this position is $100,000 - $150,000. Benefits include medical, dental, vision, HSA and FSA, generous earned time off, 401K/student loan repayment, life insurance and AD&D, employee assistance program, employee stock purchase program, tuition reimbursement, performance-based incentive pay, short- and long-term disability, and a robust wellness program. Equal Opportunity Employer: Nelnet is committed to providing a welcoming and respectful workplace where all associates have the opportunity to succeed. Employment decisions are made without regard to race, color, religion/creed, national origin, gender, sex, marital status, age, disability, use of a guide dog or service animal, sexual orientation, military/veteran status, or any other status protected by law. We value the unique contributions of every team member and believe that a positive work environment benefits everyone. Qualified individuals with disabilities who require reasonable accommodations may contact Corporate Recruiting at 402-486-5725 or corporaterecruiting@nelnet.net. Nelnet is a Drug Free and Tobacco Free Workplace. You may know Nelnet as the nation’s largest student loan servicer—but we do more than that. We’re also a professional services company, consumer loan originator and servicer, payment processor, renewable energy innovator, and K-12 and higher education expert. For over 40 years, we’ve been serving our customers, associates, and communities to make dreams possible.
#J-18808-Ljbffr