CIC Director of Tax
Huntington National Bank · Clayton, MO · 3 wk ago
AccountingFull-time
About the Role
The Director of Tax will provide strategic leadership and oversight of all tax-related activities within Huntington Community Impact Capital ("CIC"). This individual will lead the tax function supporting CIC's investment portfolio, including Low-Income Housing Tax Credits (LIHTC), Historic Tax Credits (HTC), New Markets Tax Credits (NMTC), and other tax-advantaged investments. The Director will oversee tax compliance, tax credit forecasting, tax planning, and tax-related risk management while serving as a trusted advisor to senior management.
Responsibilities
- Tax Strategy and Leadership
- Lead CIC's overall tax strategy related to tax credit investments and proprietary investment platforms.
- Partner with senior leadership to evaluate new products, investment structures, and strategic initiatives.
- Provide expert guidance on federal and state tax matters impacting CIC investments and funds.
- Identify opportunities to optimize the utilization of tax credits and other tax attributes across Huntington.
- Advise management on emerging tax legislation, industry developments, and regulatory changes.
- Tax Compliance and Reporting
- Oversee the review and analysis of partnership tax returns, K-1s, tax projections, and related reporting for CIC investments.
- Ensure timely and accurate completion of all tax compliance obligations associated with direct, proprietary, and multi-investor funds.
- Coordinate with Huntington's Corporate Tax Department to support annual tax planning, forecasting, and tax credit delivery strategies.
- Maintain oversight of tax credit delivery schedules and compliance tracking.
- Support responses to tax audits, external audits, internal audits, and regulatory examinations.
- Technical Expertise and Risk Management
- Serve as the primary subject matter expert for LIHTC, HTC, NMTC, and other tax credit programs.
- Lead research and interpretation of complex tax issues impacting CIC's investment portfolio.
- Review partnership agreements, operating agreements, loan documents, and transaction structures to identify tax implications and risks.
- Establish and maintain policies, procedures, and controls designed to ensure tax compliance and mitigate tax risk.
- Partner with Accounting Policy, Finance, Asset Management, and Legal teams on complex transactions and reporting matters.
- Team Leadership and Development
- Lead, coach, and develop CIC's tax team, fostering a culture of accountability, technical excellence, and continuous improvement.
- Establish clear performance expectations and provide regular coaching and professional development opportunities.
- Mentor team members on tax credit programs, partnership taxation, financial analysis, and transaction structuring.
- Support succession planning, talent development, recruiting, and onboarding activities.
- Promote cross-training and knowledge sharing across the CIC organization.
- Build and maintain a high-performing team capable of supporting CIC's continued growth.
- Process Improvement and Operational Excellence
- Drive process improvements to increase efficiency, accuracy, and consistency across tax-related functions.
- Develop reporting tools, dashboards, and controls to enhance management oversight.
- Leverage technology and automation opportunities to improve tax reporting and compliance processes.
- Establish best practices and scalable processes to support future growth of the investment portfolio.
- Industry Representation
- Represent Huntington and CIC at industry conferences, working groups, and policy discussions.
- Develop and maintain relationships with external advisors, accounting firms, legal counsel, fund administrators, and industry organizations.
- Contribute to industry leadership initiatives and advocate for policies that support community development investing.
Requirements
- Bachelor's degree in Accounting, Finance, Taxation, or related field.
- 10+ years of relevant tax experience.
- 7+ years of experience with tax credit investments, including LIHTC, HTC, NMTC, or similar structures.
Preferred Qualifications
- CPA
- Strong knowledge of partnership taxation and tax-oriented investment structures.
- Experience managing tax compliance, tax planning, and tax reporting functions.
- Prior people leadership experience, including supervision and development of professional staff.
- Advanced expertise in LIHTC and other tax credit investment programs.
- Experience with complex fund structures and institutional investment vehicles.
- Strong understanding of tax accounting, financial reporting, and regulatory requirements.
- Demonstrated success building and leading high-performing teams.
- Exceptional analytical, communication, and presentation skills.
- Ability to influence and collaborate with senior executives and cross-functional stakeholders.
- Proven track record of process improvement and operational excellence.
- Advanced Excel capabilities.
Schedule
This is an exempt position. Specific work arrangements (in-office or hybrid) will be provided by the hiring team.