Does anyone know a nice (combinatorial?) proof and/or reference for the following identity?
$$\left( \frac{\alpha}{1 - e^{-\alpha}} \right)^{n+1} \equiv \sum_{j=0}^n \frac{(n-j)!}{n!} |s(n+1, n+1-j)| \alpha^j \bmod \alpha^{n+1}.$$
Here
$$\frac{\alpha}{1 - e^{-\alpha}} = \sum_{i=0}^{\infty} (-1)^i \frac{B_i \alpha^i}{i!}$$
is one of the generating functions for the Bernoulli numbers, and $|s(n+1, n+1-j)|$ is an unsigned Stirling number of the first kind.
Motivation (feel free to ignore): this identity comes from two different computations of the Todd class of $\mathbb{CP}^n$. One uses the Euler sequence. The other involves computing the holomorphic Euler characteristic $\chi(\mathcal{O}(k))$ of the line bundles $\mathcal{O}(k)$ using that the higher cohomology of $\mathcal{O}(k)$ vanishes for $k$ large enough and that for $k \ge 0$, $H^0(\mathcal{O}(k))$ is the dimension of the space of homogeneous polynomials of degree $k$ in $n+1$ variables, which is ${k+n \choose n}$, then working out what the Todd class must be using Hirzebruch-Riemann-Roch. This is a bit indirect to say the least, and I have no idea how to convert it into combinatorics.