LIHTC Structuring Services, Senior Manager

Overview

This role is with a national nonprofit focused on making good home and community living possible for families without one. The organization is seeking an experienced professional with Low-Income Housing Tax Credit (LIHTC) structuring and underwriting experience to serve as a Senior Manager in its LIHTC Structuring Services group.

This position plays a central role in ensuring the accuracy, consistency, and integrity of LIHTC investment structuring.

Responsibilities

• Review and refine financial models to ensure alignment with organizational modeling standards, including investor capital account and minimum gain analysis; evaluate entity structures and confirm development cost classification.
• Support underwriters and analysts by developing specialized model schedules, including those related to effective interest, OID, and other tax structuring conventions.
• Partner with internal teams, including investor-facing groups, to provide accurate, investor-ready financial information and return analyses.
• Ensure consistency between project-level financial data and investor-facing financial models.
• Assist with initial equity funding at transaction closings.
• Review post-closing documentation—including Form 8609s, cost certifications, lease-up schedules, and tax returns—to update financial models.
• Participate in tax credit adjuster calculations and provide final review as needed.
• Implement model updates reflecting tax credit adjusters and structural changes.
• Contribute to the training and onboarding of new analysts and underwriters.
• Work cross-functionally on special projects requiring tax and structuring expertise.
• Coordinate with external counsel on transaction closing schedules and structuring considerations.
• Support the Asset Management group in evaluating the impact of post-closing structural or financial changes.
• Serve as a key feedback resource for initial deal structuring and post-closing modifications.

Requirements

• Bachelor’s degree in Business, Accounting (preference for Tax Accounting), Finance, or related field; Master’s degree is a preference.
• 10+ years of experience with LIHTC and knowledge of other federal tax credit programs (historic, solar, new markets); familiarity with state credit programs is a plus.
• Extensive understanding of tax structuring issues in LIHTC transactions.
• 10+ years of advanced Excel modeling experience, including modeling for tax-incentivized real estate deals.
• Knowledge of real estate ownership structures and entity classifications.
• General understanding of accounting treatment for construction costs.
• Strong communication and interpersonal skills; comfortable working across multiple departments.
• High attention to detail, ability to work independently, and confidence navigating fast-paced, deadline-driven workflows.
• Willingness to participate as a presenter in team or organization training sessions.

Compensation & Benefits

• Pay range: $105,000 - $120,000.
  • The pay range reflects the low and high end of what may be paid for this position.
  • It is not typical for an individual to be hired at or near the top of the pay range.
  • Compensation decisions may be influenced by skills, qualifications, experience, and location.

The organization offers a comprehensive total rewards package that includes:

• Annual performance bonuses
• Generous paid leave programs
• Dental, health, and vision care plans
• Family-building benefits such as adoption and surrogacy support
• Flexible work arrangements to support work-life balance
• Health advocacy, an Employee Assistance Program (EAP), and mental health benefits
• Financial education and wellness programs
• Auto-enrollment in the 401(k) plan with employer matching contributions
• Learning and development opportunities, including tuition reimbursement for job-related courses and certifications

Location

Career opportunities are available in offices across the country.