Berkshire Hathaway Energy→
Renewables Tax Equity Analyst 1 at Berkshire… · Des Moines
Entry LevelOn-siteFull-timeDes Moines, IA$89k–$133k/yr
Skills
tax equity modelingfinancial modelingpartnership tax ruleshypothetical liquidation at book value (hlbv)return on investment forecastingbuy-out calculationsfederal partnership tax rulesrenewable energy industry knowledgeaccounting principlesfinancial statement analysismicrosoft excelmicrosoft wordmicrosoft powerpoint
Job Description
Summary: Berkshire Hathaway Energy is a company that delivers sustainable energy solutions for customers and communities. The Renewables Tax Equity Analyst will execute and assist with the financial analysis activities of managing the tax equity portfolio, focusing on maximizing performance and long-term value.
Responsibilities:
- Perform extensive financial modeling for tax equity investments, including the establishment and maintenance of complex tax equity models and the coordination of inputs and review from various stakeholders
- Identify and analyze portfolio optimization strategies, including restructures, value of amendments, acquisition and conversion to full ownership or divestiture of existing investment
- Assess, assemble, summarize and present investment performance, risks, opportunities and recommendations to senior leadership
- Assist with due diligence and technical reviews
- Interact with internal and external stakeholders directly as a company representative regarding financial analysis and recommendations
- Provide technical financial expertise and recommendations, including the review and structuring of acquisitions, dispositions, restructures and consent requests
- Perform any additional responsibilities as requests or assigned
Required Qualifications:
- Bachelor's degree in accounting, finance, or a related field
- Requires a minimum of 1 to 3 years of related progressive work experience including investment modeling and analysis experience and adequate knowledge of partnership tax rules
- Experience specifically with Tax Equity Modeling, including hypothetical liquidation at book value (HLBV) helpful
- Working knowledge of tax equity modeling and analysis, including return on investment, forecasting, buy-out and HLBV calculations as well as knowledge of federal partnership tax rules and the renewable energy industry
- Accounting and financial modeling skills with the ability to develop and interpret full financial statements, understand financial impacts of changes on cash flows and financial ratios, apply accounting principles to the preparation and analysis of financial statements and reports
- Ability to direct and coordinate the development of complex financial models including those technically based
- Research and analytical skills and can read, interpret and understand contracts and other legal documents
- Software skills in Microsoft Excel, Word and PowerPoint and ability to utilize advanced modeling techniques in order to automate model functionality
- Effective analytical, problem-solving and decision-making skills to effectively monitor developments in forecasted and actual data, including recognizing patterns and/or outliers in data and events which may influence forecast results or assumptions; the ability to draw logical conclusions and make recommendations for action
- Flexible and able to professionally meet and interact with others demonstrating effective oral and written communication skills
- Ability to prioritize and handle multiple tasks and projects concurrently
Preferred Qualifications:
- Certification such as CPA or CFA or advanced degree such as MBA beneficial
Required Skills: Tax equity modeling, Financial modeling, Partnership tax rules, Hypothetical liquidation at book value (HLBV), Return on investment forecasting, Buy-out calculations, Federal partnership tax rules, Renewable energy industry knowledge, Accounting principles, Financial statement analysis, Microsoft Excel, Microsoft Word, Microsoft PowerPoint