Paid, Fall Internship – Audit and Tax Intern Associate | Portfolio Management, Finance

Location: Charlotte, NC

Working: Hybrid

Position: Part-time

Are you an undergraduate or graduate student studying accounting and looking to make a difference in the affordable housing industry, then this could be the opportunity for you!

Who we are:

Red Stone Equity Partners, a high-quality real estate financial services company, is a fast growing firm specializing in low-income housing tax credit (LIHTC) equity investments. Red Stone-managed investment funds acquire interests in affordable multifamily housing residential communities throughout the United States.

Red Stone is searching for talented, ambitious, and self-driven candidates to work with our Portfolio Management, Finance Department. Reporting to the VP | Portfolio Management, the Intern Associate will primarily focus on assisting with the review of audits, tax returns and other related finance documents related to the Company’s tax credit investments and Red Stone investment Funds.  Successful candidates will be motivated and excited to learn about our industry. We are now seeking to recruit and develop exceptional talent to be the future of our company and provide them with the tools to be successful.

Here’s what you’ll be doing:

• Assist in the review of annual audits and tax returns for each tax credit investment;
• Update internal financial schedules for all Funds;
• Assist with external auditor inquiries and communications to enable the completion of the annual Fund audits and tax returns;
• Assist in the updating of financial models of tax credit investments for Quarterly Investor Reports;
• Become proficient in the Company’s portfolio management database, and responsible for finance-related fields and data management (ensure completeness and accuracy); and
• Assist with special projects as needed.

Training and support:

Orientation to Red Stone, the tax credit syndication business while being exposed to multiple lines of business over the course of your internship. Development of initial work plan and timeline with supervisor related to above tasks. Weekly meetings to review, plan, and provide coaching around various aspects of the internship experience. Take part in team meetings when relevant to the scope of the position. Participate in an intern program feedback process.

What we’re looking for:

• A current college student in their Junior or Senior year, pursuing a Bachelor’s degree in Accounting, or a graduate student enrolled in Masters of Accountancy program. We will also consider a professional with an accounting background seeking part-time work.
• Must have a current/most recent GPA of 3.00 or above;
• Commitment to Company Core Values;
• Ability to balance competing priorities and tight deadlines;
• Excellent communication skills; Collaborative and flexible style;
• Ability to navigate MS Office applications, including Excel, Outlook, and Word;
• Outstanding analytic and organizational skills, a high degree of intellectual curiosity;
• Well organized and self-directed individual, as well as a team player; and
• Ability to draw connections between different disciplines.

Internship details:

• Duration: November 2026 to May 2027, or January 2027 to May 2027, based on applicant availability
• Required commitment: 15-25 hours per week
• Paid Internship
• Hybrid work environment (remote and in-office at the Charlotte location)
• Compensation: $23 per hour

Work Authorization/Sponsorship

At this time, we’re not considering candidates that need any type of immigration sponsorship now or in the future or those needing work authorization for this role. (This includes, but is not limited to students on F1-OPT, F1-CPT, J-1, etc.)

If you’re a talented, ambitious and self-driven individual that fits the criteria above, we’d love to hear from you. To apply, please send your resume to: careers@rsequity.com with Audit and Tax Intern in the subject line.

Red Stone Equity Partners LLC is proud to be an Equal Opportunity Employer

Vice President | Due Diligence Manager

Location: Preferably on the West Coast

Working: Hybrid (if located near an RSE office) / fully remote

Position: Full-time

Who we are:

Red Stone Equity Partners, a high-quality real estate financial services company, is a fast-growing firm specializing in low-income housing tax credit (LIHTC) equity investments and investments in the preservation of affordable housing. Red Stone carefully acquires, structures, and provides long-term fund and asset management services to both its developer and investor clients. Red Stone-managed investment funds acquire interests in affordable multifamily housing apartment communities throughout the United States.  

The Due Diligence Manager | Closer is responsible for assisting the deal teams with all facets of a lower tier closing.  Specific duties include:

Here’s what you’ll be doing: 

• Assist in overseeing the due diligence and closing process for LIHTC transactions.
• Work with outside legal counsel and 3rd parties with the coordination of documents required for their review
• Maintain due diligence checklists, coordinate and run due diligence calls
• Review and maintain due diligence documents
• Order and review 3^rd party background checks
• Coordination of post-closing requirements, including preparation and organization of post-closing lists, closing binders and monitoring of post-closing deliveries
• Work with Red Stone’s Investor Relations department for the coordination and distribution and review of investor due diligence
• Assist the Development Risk Manager (construction team member) with the coordination of construction related documents
• Review, track, and work with outside counsel on Due Diligence, including Insurance, Title, Survey, and Organizational Documents
• Coordinate Environmental Review

What we’re looking for:

• Assist in overseeing the due diligence and closing process for LIHTC transactions.
• Work with outside and inside legal counsel and 3rd parties with the coordination of documents required for their review
• Maintain due diligence checklists, coordinate and run due diligence calls
• Review and maintain due diligence documents
• Order and review 3^rd party background checks
• Coordination of post-closing requirements, including preparation and organization of post-closing lists, closing binders and monitoring of post-closing deliveries
• Work with Red Stone’s Investor Relations department for the coordination and distribution and review of investor due diligence
• Assist the Development Risk Manager (construction team member) with the coordination of construction related documents
• Review, track, and work with outside counsel on Due Diligence, including Insurance, Title, Survey, and Organizational Documents
• Coordinate Environmental Review
• 3 years of relevant experience
• Commitment to Company Core Values, which are 1) Solve Creatively, 2) Take Initiative, 3) People First, 4) Grow Together, and 5) Be Authentic

Perks and benefits:

At RSE, we’re committed to the well-being of our employees and strive to create an inclusive environment that fosters and celebrates both personal and professional growth.  Our inclusive benefits include, but are not limited to:

• Offer full medical, dental, and vision, and cover all premiums for medical and dental
• Life insurance and short- and long-term disability
• Generous PTO and company-paid holidays
• Healthy Lifestyle Benefit
• Parking, transit, and dependent care FSAs
• Combination of working from home and office
• Ongoing learning and development
• 401k +match
• Parental leave
• Bereavement leave
• 4.5-day workweeks with half-day Fridays

Salary range: $80,000 – $100,000 plus a 20-50% bonus range

If you’re a talented, ambitious, and self-driven individual who meets the criteria above, we’d love to hear from you. To apply, please send your resume to Careers@RedStoneEquity.com with the subject line VP | DDM.

Red Stone Equity Partners LLC is an Equal Opportunity Employer.

Vice President | Portfolio Management, Finance

Location: US

Working: Hybrid Charlotte or fully Remote, depending on location

Position: Full-Time

Who we are:

Red Stone Equity Partners, a high-quality real estate financial services company, is a fast-growing firm specializing in low-income housing tax credit (LIHTC) equity investments and other affordable housing efforts. Red Stone-managed investment funds acquire interests in affordable multifamily housing communities throughout the United States. 

Red Stone is seeking talented, ambitious, and self-motivated candidates for the Vice President position in our Portfolio Management Finance Team. The VP is responsible for the oversight of their portfolio of Red Stone Tax Credit Funds, including the careful oversight of all Fund Management related matters. Portfolio will consist of both pre-stable and stabilized LT assets, and a range of 15-20 UT Funds. The VP will ensure investor deadlines are met, and that all finance and tax related documents of the tax credit funds (Upper Tier / “UT”) and investments (Lower Tiers / “LT”) in Red Stone’s portfolio are adequately reviewed.

Here’s what you’ll be doing:

KEY FUNCTIONS / RESPONSIBILITIES

The key functions of the position, and the underlying responsibilities of those functions, are:

Key Function – Fund Management

Underlying Responsibilities:

1. Responsible for each Funds’ books and records, including the monthly review of cash activity, review and approval of monthly journal entries, and the review of quarterly financial statement reporting
2. Monitor and review upcoming and pending capital contribution installments of the LT’s that are in their portfolio, which includes the following:
   1. Coordination of internal review and assembling of the capital call request for the Investor, ensuring all necessary benchmarks have been achieved.
   2. Monitor capital call requests in process to ensure they are received and subsequently delivered to the LT timely.
3. Responsible for the timely completion of LT and UT modeling updates needed to provide up-to- date tax credit projections and IRR calculations included within the Quarterly Investor Reports.
   1. Assist and provide direction as needed to support staff with the completion of the modeling updates to tax credit projections.
   2. Review modeling updates completed by support staff; if issues are identified, be able to obtain resolution independently or with the assistance of the Director.

4. Oversee the annual audit and tax return process
   1. Complete interim requests timely and efficiently.
   2. Manage the receipt, review, and approval of LT audits and tax returns such that UT audits and tax returns can be completed and delivered on-time to the Investors.
   3. Ability to identify complex issues evident in the LT audits and tax returns, effectively communicate with the various parties (CPA and GP), and ultimately provide resolution independently or with the assistance of the Director.
   4. Thorough review of the UT audits and tax returns which includes providing comments as necessary to the UT CPA’s, and ensuring that final documents are processed timely upon approval of the drafts.

Key Function – Finance Oversight for Portfolio Management

Underlying Responsibilities:

5. Review of tax and finance related LT documents and communicate with the CPA’s, General Partner’s and PMR’s regarding any potential issues prevalent. Ability to identify issues and provide a solution that will not negatively impact the LT nor the Investor with the assistance (as needed) from the Director. Documents reviewed, include the following:
   1. Cost Certifications
   2. DSCR and Break-Even Analysis Calculations
   3. 50% Test Reviews
   4. IRS Form 8609’s
   5. LT audits and tax returns
   6. 1^st year credit calculation
   7. Net cash flow calculations
6. Assist PMR’s with consent requests to be submitted to an Investor.
   1. Update LT modeling for each individual scenario to determine the impact of the request.
   2. Be able to identify negative impacts present as a result of the proposed changes, and seek resolution that will benefit the LT and the Investor, with the assistance from the Director as needed.
   3. Be able to effectively communicate questions that arise upon review of the request with the LT GP and PMR, seeking resolution in a timely manner.

Key Function – Relationship Management/Communication

Underlying Responsibilities:

1. Actively participate in accounting and tax updates relevant to the LIHTC industry to stay current on the most up-to-date information.
2. Respond to Investor requests timely and thoughtfully on an ongoing basis.
3. Participate on calls as needed with the LT GP’s to discuss Portfolio Management related matters; providing financial expertise on the matter at hand.
4. Provide guidance and assistance on a daily basis to support staff, including analysts and interns.
   1. Monitor daily tasks to ensure they are completely timely, thoroughly and efficiently such that internal and external deadlines are met.
   2. Review select documents and provide feedback and assistance as needed.
   3. Provide additional “on the job” training to further develop technical knowledge and skills.
5. Communicate on an ongoing basis with third parties responsible for delivering audits and tax returns in a professional and effective manner.

What we’re looking for:

• BS in Accounting, CPA certification is preferred
• At least 5 years of experience in Public Accounting
• Experience with Affordable Housing clients
• Excellent Excel and financial modeling skills
• Ability to balance competing priorities and tight deadlines
• Excellent communication skills, written and verbal
• Commitment to Company Core Values, which are 1) Solve Creatively, 2) Take Initiative, 3) People First, 4) Grow Together, and 5) Be Authentic

Perks and benefits:

At RSE, we’re committed to the well-being of our employees and strive to create an inclusive environment that fosters and celebrates both personal and professional growth.  Our inclusive benefits include, but are not limited to:

• Offer full medical, dental, and vision, and cover all premiums for medical and dental
• Life insurance and short and long-term disability
• Generous PTO and company-paid holidays
• Healthy Lifestyle Benefit
• Parking, transit, and dependent care FSAs
• Combination of working from home and office
• Ongoing learning and development
• 401k +match
• Parental leave
• Bereavement leave
• 4.5-day workweeks with half-day Fridays

Salary $110,000 – $135,000 plus 20-25% bonus range

If you are a talented, ambitious, and self-driven individual who meets the above criteria, we want to hear from you. To apply, please send your resume to careers@rsequity.com with “VP-PMF” in the subject line.

Please visit our website at https://rsequity.com to learn more about our company, team, and culture.

Red Stone Equity Partners LLC is proud to be an Equal Opportunity Employer.