Program Specialist, NMTC

Company: Cinnaire Corporation

Locations: Lansing, MI; Detroit, MI; Grand Rapids, MI; Chicago, IL; Madison, WI

Job Function: Finance


Who we are
Cinnaire is a mission-driven organization. Our team of more than 150 individuals are united by our core purpose. As dedicated problem solvers, we start each day thinking ‘what kind of difference can we make in people’s lives today?’ and then go about revitalizing communities, empowering individuals and creating economic opportunities.

What we do
We get involved. We spend time on the ground in the communities we serve, getting to know the people, understanding their challenges, and devising out-of-the-box solutions. Ours is a people-first approach to advancing communities. As a community development financial organization, we provide creative capital solutions to projects with high social value that may not otherwise receive support from traditional financial institutions. Our toolkit of services includes programs that lend funds, finance development and manage and build all the components of strong, vibrant communities.

How we do it
We help community development organizations, lending partners and socially motivated investors accomplish goals in underserved communities. We fill gaps in community development funding by leveraging capital from public and private sector organizations and bringing expertise to communities that need it most.

Where we serve
Since 1993, Cinnaire has funded affordable housing developments and community development initiatives throughout the Midwest and Mid-Atlantic states. Headquartered in Lansing Michigan, we have offices in Detroit and Grand Rapids, MI:, Milwaukee and Madison, WI; Chicago, IL; Indianapolis, IN; and Wilmington, DE, while providing financial and development support across our nine-state footprint including Michigan, Wisconsin, Minnesota, Indiana, Illinois, Pennsylvania, New Jersey, Delaware and Maryland.


The Program Specialist leverages expertise in accounting to collect data, analyze, and report on community development projects funded by Cinnaire’s New Markets Tax Credits Program.


  1. Collects, saves and tracks quarterly financial statements, compliance certificates, audits, tax returns, and impact information from Cinnaire’s portfolio of New Markets Tax Credit projects.
  2. Performs an annual risk rating analysis for each community development project, including scheduling and participating in annual update meetings with project representatives.
  3. Initiates detail-oriented semi-annual compliance testing for each community development project, using various financial and tax figures, clearly communicating findings to corporate investors.
  4. Performs reporting of community development project impact and program reporting to the U.S. Treasury.
  5. Assists in coordinating project pipeline information, including request of information from projects and the completion of analysis used to facilitate project selection.
  6. Assists in program compliance reviews and the organization of tasks required throughout the process of closing real estate loans.
  7. Collaborates with third party accounting firm and internal finance team to communicate expectations and oversee the review, delivery, and filing of Cinnaire sub-CDE tax returns including tax payments and estimates.


Qualifications and Skills:

  • Bachelor’s degree in accounting or finance required.
  • Two years of continuous professional work experience preferred.
  • Strong Microsoft Office Suite skills (Excel, Word, Teams, SharePoint) required.
  • Strong organizational skills and attention to detail
  • Strong communication skills: must have the ability to communicate clearly with both large financial institutions and small businesses.
  • Ability to manage time effectively and independently
  • Ability to understand and analyze financial statements from entities across different industries

Key Competencies:

  • Diversity Awareness: Identifies the benefits and advantages of harnessing the collective insights from various individuals in the organization.
  • Analysis to Synthesis: Interprets data and information from multiple sources and translates it into coherent messages that inform decisions.
  • Intellectual Agility: Can flex and adapt thinking skills to meet the needs of different situations and circumstances.  Doesn’t limit problem solving to one approach or methodology.
  • Insight to Action: Acts on conviction and advances from concept to implementation toward a goal.  Draws upon knowledge and professional judgement to orchestrate the steps required to get results.
  • Self-Development: Operate with the mindset of continuous improvement.  Embrace their career development, learn, and update skills.

Reporting Relationship: Reports to Senior Vice President, Public Funding

Supervisory Relationship: None

Physical Requirements:

  • Ability to work on a computer for extended periods of time.

Travel Required: 15%

Compensation and Benefits

Cinnaire offers a competitive compensation package.


Benefits Offered:  Medical, Health Reimbursement Account, Flexible Spending Accounts (medical and dependent care), Dental, Vision, Life Insurance, Accidental Death & Dismemberment, Long-Term Disability, Employee Assistance Plan, Pet Insurance, Identity Theft Protection, Paid Mobile Phone Service, Unlimited PTO, Incentive Compensation, 403(b) Plan, and Profit-Sharing Plan.

How to Apply


Cinnaire provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, national origin, age, disability, marital status, status as a Vietnam-era or disabled veteran or any other characteristic protected by law. Cinnaire complies with all applicable federal, state, and local laws, regulations and ordinances prohibiting employment discrimination. Cinnaire is committed to the full inclusion of all qualified individuals. As a part of this commitment, Cinnaire is dedicated to providing access, and reasonable accommodation in its services, programs, activities, recruitment and employment for qualified individuals with disabilities.