Assistant Vice President, Tax
Responsibilities
- Carefully reviews multi-state, multi-tier partnership tax returns, including property owning partnerships and fund-level tax returns, addressing contributions, distributions, allocation of tax items, special allocations, first year credit calculation, depreciation calculations, and sales of partnership interest or assets.
- Completes this process by reviewing partnership agreements, partnership audits, partnership general ledgers, and related back-up documentation.
- Works to resolve any issues identified in the return with tax return preparers.
- Provides trainings to new hires on the tax department procedures and process, the review of partnership tax returns including low income housing tax credit calculations, the preparation of fund level K-1 Summary, and other tax workpapers.
- Reviews K-1 Summary, state apportionment data, non-resident state withholdings, and state exemptions.
- Maintains oversight of the timely and accurate delivery of all Investor K-1s, which includes posting of K-1s, state apportionment, and tax returns, as appropriate, to MRI.
- Oversees the timely mailing and filing of Federal and all State tax returns, including tracking of all electronic filings as well as paper filings.
- Assists with the analysis of partner capital accounts.
- Assists with supervising, supporting, and developing new hires.
- Performs other duties and projects as assigned.
- Bachelor's Degree in finance or accounting.
- Required: Minimum six to eight years of tax experience, Partnership, Real Estate, and Section 42 experience preferred.
- Advanced knowledge of U.S. federal and state income tax concepts required.
- Excellent verbal, written, and interpersonal communication skills.
- Strong organizational and analytical skills.
- Attention to detail and accuracy.
- Ability to balance team and individual responsibilities.
- Strong computer skills and proficiency with MS Office applications, including advanced working knowledge of MS Excel.
Qualifications
Pay
We are committed to offering competitive and equitable compensation. The hiring range for this position is generally between $130,000 - $170,000, exclusive of fringe benefits or potential bonuses. This position is also eligible for a performance bonus. Final salaries will be determined based on factors such as geographic location, skills, education, licenses, certifications, and/or experience. In addition to these factors - we believe in the importance of pay equity. Please keep in mind that the range mentioned above is the general Hiring Range for the role. Hiring at the top of the range is reserved for exceptionally qualified candidates. We consider internal and external factors as a part of every final offer. We also offer a generous total compensation and benefits package.