Director, Tax & Equity
- Recruiter
- McWhinney Real Estate Services
- Location
- Denver or Loveland, CO
- Salary
- $125,000 - $150,000/annual plus bonus
- Posted
- 20 May 2022
- Closes
- 20 Jun 2022
- Job role
- Management accountant
- Contract type
- Permanent
- Hours
- Full time
- Experience level
- Director
McWhinney is a privately held full service real estate development, investment and management company with a team of highly talented associates. We are passionate about creating great places for people and providing fabled experiences. We are "evergreen," which means that we constantly strive to prosper in all phases of the real estate cycle. At McWhinney, we attract and retain the best and brightest in the industry and are constantly building our team to achieve our goals.
Position Description:
The Director of Tax and Equity will be responsible for overseeing the tax and equity functions of the company. Specific focus will be on federal and state income taxes, sales/use and excise taxes, tax planning, forecasting, partnership operating agreements, capital calls, and distributions. The position will have extensive interaction with the leadership team, various internal departments, and external tax partners.
Starting Salary Range: $125,000 - $150,000/annual plus bonus
Essential Functions:
- Manages the accounting team responsible for tax and equity accounting, providing training, individual and team development and appropriately delegating and directing work for the group.
- Establish, foster, and maintain relationship with outside accounting firms including coordination of all compliance work.
- Serve as liaison between organization and external tax partners.
- Support Investor Relations team with tax related questions from investors.
- Work with external tax partners to evaluate tax strategies and understand tax implications of various transactions.
- Monitor legislative changes and proposals and assess impact on current tax strategy.
- Review and participate in tax planning, including overseeing the preparation and delivery to investors of income tax forecasts. (Prepared twice a year for current year and two subsequent years.)
- Manage the plan and oversee the execution of the preparation of all state and federal Income tax returns as well as the timely distribution of investor K-1’s.
- Working with the Investment Relations team, establish and refine effective process for preparation of investor capital calls and distributions in accordance with asset management strategy, including establishing a system for review of all distributions to ensure they comply with partnership operating agreements.
- Identify, acquire, and implement systems and software to support tax and equity functions. Make recommendations for automating processes and increasing efficiencies.
Requirements
- Bachelor’s Degree in Accounting or Finance
- Master’s Degree in Accounting, tax or Finance preferred
- CPA – Required
- Exceptional knowledge of tax accounting, tax compliance, and all types of tax returns
- 7-10 years of accounting experience with 3-5 years in a leadership role
- Real estate, including private equity and REIT experience preferred
- Knowledge of tax software and MS Office
- In-depth knowledge of investment distribution and income allocation “waterfalls”
- In-depth knowledge of Subchapter K partnership taxation
- Hands-on-experience with Yardi and Juniper Square preferred
Benefits:
McWhinney offers a competitive benefits package for full-time Associates including medical, dental, vision, life insurance, short-term disability, long-term disability, 401(k), and employee assistance plan. Additionally, we offer a generous paid time off plan that includes a week off between Christmas and New Year’s!
This job description is intended to provide a general overview of the position. It is not designed to be a comprehensive nor detailed description of all the responsibilities and accountability of the role. As an agile company, our positions can and do change based on the business need of the organization.
If you are a recruiter or placement agency, please do not submit resumes to any person or email address at McWhinney. McWhinney is not liable for and will not pay placement fees for candidates submitted by any agency other than its approved recruitment partners. McWhinney is not currently seeking any new recruitment partnerships. Furthermore, any resumes sent to us without an agreement in place will be considered your company’s gift to McWhinney and may be forwarded to our recruiters for their attention.
McWhinney is committed to the principle of equal employment opportunity for all associates. All employment decisions at McWhinney are based on business needs, job requirements and individual qualifications. All applicants will be considered for employment without attention to age, race, color, sex, sexual orientation, gender identify, national origin, veteran or disability status.