Director, Property Tax

Job Summary

Invitation Homes is a publicly traded REIT with over 100,000 single family rental homes and a market capitalization of over $16 billion. We are seeking a Director, Property Tax to join our energetic and collaborative team. The ideal candidate should enjoy working in a dynamic environment, welcome opportunities to learn about owning single-family residential homes, and embrace collaboration with Senior Leadership.

About the Role

The Director, Property Tax oversees property taxes for 500+ jurisdictions for our wholly-owned portfolio, joint venture, and third-party managed portfolios. They lead the $500m property tax budget, ensuring accuracy and completeness of payments, expenses, accruals, budgeting, forecasting, and managing third-party vendors.

Essential Job Duties and Responsibilities

• Lead a team of professionals including Analysts, Property Tax Consultants, and analytical/technology resources.
• Collaborate with Operations, Accounting, Financial Planning & Analysis, Asset Management, Technology, and other cross-functional partners to prepare property tax budgeting and forecasting.
• Work closely with the Cash Management team to provide accurate cash forecasting for property tax payments.
• Oversee relationships with third-party vendors responsible for compliance, payments, and appeals.
• Prepare monthly accruals and related expense amortization.
• Perform monthly and quarterly variance analyses for actuals vs. budget/forecast and current period vs. prior period.
• Review and approve property tax payments.
• Develop long-term property tax strategy and roadmap, including technology and data components.
• Absorb and manage unusual property tax matters as they arise.
• Lead the appeals process and vendors across the company’s footprint.
• Develop and manage relationships with, and credibility among, key stakeholders within each functional area of the company.
• Establish and maintain relationships with, and credibility among, key stakeholders within each functional area of the company.
• Perform other duties as assigned.

Education and/or Experience

• Bachelor’s degree in Finance, Accounting, Economics, or related field.
• Advanced degree (MBA, Masters in Accounting, or similar) is a plus, but not required.
• CMI, CFA, or CPA designation, or progress toward any, is a plus.
• Minimum of 5 years real estate industry experience required.
• Experience with single-family rental or multifamily properties (ideally within a REIT structure) preferred.
• Strong understanding of multi-state property tax cycles.
• Familiarity and proficiency with Yardi preferred.
• Familiarity with technology / business intelligence tools and applications such as Tableau, SSRS Reporting, Anaplan, and OLAP cubes a plus.
• Proven history of implementing best practices for management reporting systems and processes.

Skills and Specialized Knowledge

• Excellent communication (oral and written) skills.
• Sound judgment and swift decision-making skills, including the proven ability to prioritize and multi-task in a fast-paced environment.
• Strong analytical and quantitative skills with exceptional attention to detail and quality of work product.
• Excellent organizational skills; ability to manage multiple competing priorities and deadlines.
• Ability to maintain confidentiality.
• Outstanding interpersonal skills, with a team-based and collaborative work style geared towards working with others to deliver results.
• An open and transparent approach to business issues and challenges.

Required Licenses or Certifications

• None

Physical and Mental Demands

• This position will spend long hours sitting and using office equipment and computers.
• The position may also entail light lifting of supplies and materials occasionally, up to and including 20 pounds.
• This position requires the ability to talk, hear, compare, compute, compile, copy, analyze, coordinate, synthesize, negotiate, and communicate.

Salary Range

The salary range for this position is: $110,587.50 - $191,685.00, plus individuals may be eligible for an annual discretionary bonus. Actual compensation within the range will be dependent upon the individual's skills, experience, qualifications, location, and applicable employment laws.

Benefits

• Annual bonus program
• Health, dental, vision, and life insurance
• Long-term and short-term disability insurance
• Generous paid time off plans including vacation accrual, sick time, standard holidays and floating holidays
• 401(k) with company matching contributions
• Awesome work environment with casual dress
• Team events and gatherings (Pre- and Post-Covid)

Equal Opportunity Employer

We are committed to fostering a diverse, inclusive and innovative environment with the best associates. We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity, Veteran status or any other factor protected by applicable federal, state or local law. If you have a disability or special need that requires accommodation, please contact us at humanresources@invitationhomes.com. To all recruitment agencies: Invitation Homes does not accept agency resumes. Please do not forward resumes to Invitation Homes employees. Invitation Homes is not responsible for any fees related to unsolicited resumes.