Financial Forecasting Accountant Internship

Job Description

Financial Forecasting Intern | Novogradac

The Tone:
This is a temporary internship at Novogradac, a national certified public accounting and consulting firm with over 900 employees and partners across more than 25 offices. Novogradac is a recognized leader in real estate and community development, specializing in audit, tax, valuation, and consulting services, particularly in affordable housing, historic preservation, and renewable energy. This role contributes to the firm’s core mission by providing crucial financial forecasting and transaction structuring support, helping clients optimize tax credit equity investments and fostering an inclusive and supportive environment for professional growth.

The TL;DR
• Role: Internship
• Type: Temporary/Seasonal
• Location: Remote/Hybrid
• Pay: $27 hourly
• Team: Reports to a Supervisor or Manager
• Mission: This role specializes in financial forecasting and mixed-finance transaction structuring for tax credit subsidized investments.
• Tech Stack: Microsoft Office suite (particularly Excel), report writing tools

What You’ll Actually Do
• Forecast Preparation: Complete assignments, including preparing financial forecasts for tax credit subsidized transactions as directed by a Senior or Manager.
• Data Extraction: Evaluate and extract financial and non-financial data from client information such as letters of intent, audited financial statements, tax returns, partnership agreements, and loan agreements.
• Investment Optimization: Consult with a Senior on methods to optimize tax credit equity investments by evaluating various ownership structures, federal and state subsidies, and debt and equity financing options.
• Documentation: Document and reference assumptions consistently used in the financial forecasts.
• Engagement Support: Assist with accounting, audit, and tax engagements, including year-end financial statement audits, tax returns, cost certifications, and cost segregation studies.

The Must-Haves
• Background: Working toward a Bachelor’s degree, preferably in accounting, finance, or economics. Entry-Level career level.
• Experience: No specific years of experience required; however, a GPA of 3.2 or higher is necessary. Strong computer skills, including proficiency in Microsoft Office suite (particularly Excel) and report writing tools, are expected.
• Skills: Excellent verbal and written communication skills; ability to perform work accurately and efficiently with strong attention to detail; strong organizational and follow-through skills; ability to coordinate complex activities and prioritize conflicting demands; ability to work collaboratively and maintain a professional demeanor.
• Bonus: Ability to sit for or having passed sections of the CPA exam; demonstrated interest in community development finance, renewable energy, and other tax credit subsidized investments.