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Senior Manager - Energy Credits
- Cherry Bekaert (Orland Park, IL)
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Description
As a **Manager / Senior Manager in our Tax Credits and Incentives Advisory (TCIA) Practice** , you will draw on experience in accounting and taxation to provide tax equity investment consulting services for clients. You will be a leader in a team comprised of professionals with significant experience in the credits and incentives space. We are looking for someone with **Energy Credits** experience.
Cherry Bekaert is aware that significant expertise is required in the market to structure **renewable energy credit transactions** to maximize monetization of these attributes. Prior to the enactment of the **Inflation Reduction Act (IRA)** maximizing project value in for **energy credit transactions** required complex partnership structures splitting tax attributes from cash. Tax equity investors, private equity investors, and developers require detailed partnership tax models to value their investment.
The IRA created new mechanisms to monetize renewable energy tax credits. Tax-exempt entities can now monetize investments in renewable energy projects via Elective Pay (Direct Pay) under IRC 6417. The IRA also created IRC 6418 which allows these credits to be transferred to unrelated taxpayer for cash.
At Cherry Bekaert you will work with clients across a multitude of industries, and assist them in understanding, navigating, and utilizing energy tax credits. You will do this via established monetization structures such as tax equity, as well as emerging monetization opportunities provided by the IRA under IRC 6417 & IRC 6418.
You will be one of the leaders of a small team with significant industry deal and modeling experience in order to build out Cherry Bekaert’s **renewable energy practice** . Cherry Bekaert is interested in providing tax equity investment opportunities to its current client base as well as guiding both buy side & sell side clients navigate transferability.
**What you bring to the role** :
+ 6+ years' experience providing tax planning services or preparing and reviewing client work papers and income tax returns
+ Experience completing the relevant tax forms associated with renewable energy credit such as Form 3800 & Form 3468
+ Deep understanding of renewable energy assets and their eligibility to generate a credit
+ Due diligence experience for buy/sell side transferability transactions
+ Familiarity of the financing structures and implications of their utilization for energy credits
+ Knowledge and understanding of the Prevailing Wage & Apprenticeship (PWA) requirements
+ Bachelor's degree in accounting, finance, or other business-related field
+ Certified or in the process of obtaining a CPA, enrolled agent, or other appropriate certification
+ Financial modeling expertise
+ Travel up to 10%
**Skills you need for this role** :
+ Previous Renewable Energy Tax Credit Experience
+ Self-motivated, adaptable, and able to work both independently and collaboratively with a team in a fast-paced, environment
+ Experience developing administrative policies, procedures, and compliance frameworks
+ Ability to work closely with clients to develop and refine their tax strategies related to IRA tax credit
+ Strong verbal and written communication skills
+ Demonstrated knowledge of tax equity investment structures
+ Knowledge of the renewable energy credit landscape and willingness to monitor and adapt to potential legislative changes with respect to the IRA
What you can expect from us:
+ Shared values, including uncompromising integrity, a passion for excellence, and mutual respect
+ The opportunity to innovate and do work that motivates and engages you
+ A collaborative environment focused on your career growth and continuous professional development
+ Competitive compensation and a total rewards package that focuses on all aspects of your wellbeing
+ Flexibility to do impactful work and the time to enjoy your life outside of work
Cherry Bekaert cares about our people. We offer competitive compensation packages based on performance that recognize the value our people bring to our clients and our Firm. The salary range for this position is included below. Individual salaries within this range are determined by a variety of factors including but not limited to the role, function and associated responsibilities, a candidate’s work experience, education, knowledge, skills, and geographic location. In addition, we offer a comprehensive, high-quality benefits program (https://careers.cbh.com/benefits/) which includes annual bonus, medical, dental, and vision care; disability and life insurance; generous Paid Time Off; retirement plans; Paid Care Leave; and other programs that are dedicated to enhancing your personal and work life and providing you and your family with a measure of financial protection.
Pay Range:
$126,160 to $268,000
About Cherry Bekaert
Cherry Bekaert, ranked among the largest assurance, tax and advisory firms in the U.S., serves clients across industries in all 50 U.S. states and internationally. For more details, visit https://www.cbh.com/disclosure/
Cherry Bekaert provides equal employment opportunities to applicants and employees without regard to race, color, religion, age, sex, sexual orientation, gender identity/expression, national origin, citizenship status, protected veteran status, disability status, or any other category protected by applicable federal, state or local laws. https://careers.cbh.com/legal-disclosures/ contains further information regarding the firm's compliance with federal, state and local recruitment and hiring laws.
This role is expected to accept applications for at least five calendar days and may continue to be posted until a qualified applicant is selected or the position has been cancelled.
Candidates must demonstrate eligibility to work in the United States. Cherry Bekaert will not provide work sponsorship for this position.
Cherry Bekaert LLP and Cherry Bekaert Advisory LLC are members of Allinial Global, an accountancy and business advisory global association. Visit us at https://careers.cbh.com/ and follow us on LinkedIn, Glassdoor (https://www.glassdoor.com/Overview/Working-at-Cherry-Bekaert-EI\_IE31120.11,25.htm) , Instagram (https://www.instagram.com/cherrybekaert) , Twitter (https://twitter.com/cherrybekaert) and Facebook (https://www.facebook.com/CherryBekaertCB) .
• 2025 Cherry Bekaert. All Rights Reserved.
Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws.
For further information, please review the Know Your Rights (https://www.eeoc.gov/poster) notice from the Department of Labor.
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