Senior Tax Director - Private Capital

Responsibilities

• Serve as the internal subject matter expert on REIT qualifications of the subsidiary REITs within the structure
• Oversee REIT annual qualification testing (income tests, asset tests, distribution requirements, prohibited transactions) including advising on structures, TRSs, and blocker entities
• Manage tax structuring for open-end fund, close-end fund, co-invest and joint venture platforms, as applicable, for different investor profiles
• Prepare and organize REIT due diligence files in connection with potential REIT share sales in the event of dispositions
• Provide tax structuring advice on acquisitions, dispositions, recapitalizations, refinancings, and restructurings
• Lead tax diligence efforts on property and platform acquisitions within the fund structures
• Model tax impacts of transactions and advise on optimal structuring alternatives
• Oversee partnership allocations (Section 704(b), Section 704(c), targeted capital allocations) for the funds including underlying joint-venture investments
• Oversee all aspects of tax related to the strategic capital vehicles including tax compliance, financial reporting, withholding tax calculations and observing tax covenants of investors’ side letters
• Lead financial reporting under ASC 740 (including uncertain tax positions and FIN 48 analysis) for the funds’ financial statement
• Cook up tax reporting for financial statements and investor reporting packages including analysis of deferred taxes impact on the net asset value of the fund vehicles
• Manage and maintain relationships with external tax advisors and compliance providers
• Respond to investor tax inquiries, including HWN individuals, tax-exempt, foreign, and institutional investors
• Partner with investor relations on tax disclosures and offering documents
• Provide tax input on PPMs, side letters, and subscription agreements
• Collaborate with finance, acquisitions, legal, and asset management teams to evaluate tax consequences of strategic initiatives
• Monitor tax law developments impacting REITs and real estate funds
• Implement internal controls around tax processes
• Manage tax audits and interactions with taxing authorities
• Ensure compliance with state nexus, withholding, and composite filing requirements

Qualifications

• Bachelor’s degree in accounting or related field; Law/MST/CPA preferred.
• Minimum of 12 years of progressive tax experience in public accounting or similar industry roles
• Deep technical knowledge of REIT, partnership and inbound taxation for non-U.S. investors, including compliance and reporting strategies
• Strong communication skills with the ability to present complex tax matters to senior leadership and non-tax stakeholders
• Proven leadership and team/project management experience

Competencies and Characteristics

• Strong analytical and problem-solving abilities under pressure with a solution-oriented mindset
• Ability to make independent and sound decisions in a fast-paced environment
• Keen eye in identifying risks and inefficient processes with commitment for continuous long-term improvements
• Solid organizational skills and great attention to detail

Preferred Skill Sets

• International tax experience (outbound)
• Accounting for income taxes under ASC 740
• Tax technology solution and implementation