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 manage complex partnership tax principles, planning, compliance, and related reporting related to its growing portfolio of real estate, renewable energy, infrastructure, and venture capital investments. The role will be integral in reviewing operating agreements, managing hypothetical book liquidation at value for financial statements, ensuring propriety of tax compliance relative to these investments, reviewing partnership benefit schedules and related calculations, and reporting tax disclosures to investors and federal/state taxing authorities. The position will collaborate 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 associated with 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 associated with Nelnet’s partnership investments including tax return review, correspondence with external tax preparers, and assigning staff for internal tax return preparation. Partner with Nelnet’s tax department and its renewable energy department to provide relevant information and optimize workflows to comply with 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/outside tax basis, tax attribute carryforwards, etc. Participate in due diligence during investment closes 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 funding analyses and deficit restoration obligations. Review and maintain book-to-tax differences related to Nelnet’s partnership investments. Education
Bachelor’s Degree in Accounting or Business Administration required. Certified Public Accountant (CPA) preferred. Experience
2+ years of tax compliance and return preparation experience in a public accounting firm; partnership taxation experience preferred. Competencies – Skills/Knowledge/Abilities
Consistent, high-quality results; credible finance leadership with timely, accurate, and insightful outputs. Extensive Microsoft Excel experience; ability to organize large data sets. Efficiency/Accountability: prioritization, productivity, and effective follow-through in a fast-paced environment. Energy, drive, and motivation; willingness to support accounting, legal, and tax teams. Entrepreneurial mindset and strong project management/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 pressure and independently; strong communication and interpersonal skills. Compensation
Pay Range: $100,000 - $150,000. Benefits & Inclusion
Our benefits package includes medical, dental, vision, HSA and FSA, generous earned time off, 401K/student loan repayment, life and AD&D insurance, EAP, employee stock purchase, tuition reimbursement, incentive pay, disability coverage, and wellness programs. See benefits details: https://nelnetinc.com/careers/benefits/. EEO & Accommodations
Nelnet is an Equal Opportunity Employer. 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. 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: a professional services company, consumer loan originator and servicer, payments processor, renewable energy innovator, and K-12/higher education expert. EEO Info: https://nelnetinc.com/wp-content/uploads/EEO-poster.pdf | EEO Letter: https://nelnetinc.com/wp-content/uploads/EEO-Jeffs-Letter.pdf | EPPA Info: https://nelnetinc.com/wp-content/uploads/Employee-Polygraph-Protection-Act-Poster.pdf | FMLA Info: https://nelnetinc.com/wp-content/uploads/FMLA-Leave.pdf
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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 manage complex partnership tax principles, planning, compliance, and related reporting related to its growing portfolio of real estate, renewable energy, infrastructure, and venture capital investments. The role will be integral in reviewing operating agreements, managing hypothetical book liquidation at value for financial statements, ensuring propriety of tax compliance relative to these investments, reviewing partnership benefit schedules and related calculations, and reporting tax disclosures to investors and federal/state taxing authorities. The position will collaborate 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 associated with 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 associated with Nelnet’s partnership investments including tax return review, correspondence with external tax preparers, and assigning staff for internal tax return preparation. Partner with Nelnet’s tax department and its renewable energy department to provide relevant information and optimize workflows to comply with 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/outside tax basis, tax attribute carryforwards, etc. Participate in due diligence during investment closes 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 funding analyses and deficit restoration obligations. Review and maintain book-to-tax differences related to Nelnet’s partnership investments. Education
Bachelor’s Degree in Accounting or Business Administration required. Certified Public Accountant (CPA) preferred. Experience
2+ years of tax compliance and return preparation experience in a public accounting firm; partnership taxation experience preferred. Competencies – Skills/Knowledge/Abilities
Consistent, high-quality results; credible finance leadership with timely, accurate, and insightful outputs. Extensive Microsoft Excel experience; ability to organize large data sets. Efficiency/Accountability: prioritization, productivity, and effective follow-through in a fast-paced environment. Energy, drive, and motivation; willingness to support accounting, legal, and tax teams. Entrepreneurial mindset and strong project management/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 pressure and independently; strong communication and interpersonal skills. Compensation
Pay Range: $100,000 - $150,000. Benefits & Inclusion
Our benefits package includes medical, dental, vision, HSA and FSA, generous earned time off, 401K/student loan repayment, life and AD&D insurance, EAP, employee stock purchase, tuition reimbursement, incentive pay, disability coverage, and wellness programs. See benefits details: https://nelnetinc.com/careers/benefits/. EEO & Accommodations
Nelnet is an Equal Opportunity Employer. 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. 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: a professional services company, consumer loan originator and servicer, payments processor, renewable energy innovator, and K-12/higher education expert. EEO Info: https://nelnetinc.com/wp-content/uploads/EEO-poster.pdf | EEO Letter: https://nelnetinc.com/wp-content/uploads/EEO-Jeffs-Letter.pdf | EPPA Info: https://nelnetinc.com/wp-content/uploads/Employee-Polygraph-Protection-Act-Poster.pdf | FMLA Info: https://nelnetinc.com/wp-content/uploads/FMLA-Leave.pdf
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