-Prepare tax basis work papers including balance sheets and income statements for each legal entity and coordinate preparation of all federal and state income tax returns required which includes REIT, consolidated corporation, and partnership filings.
-Prepare other federal and state filings i.e. annual reports, income & expense reports, non-profit filings, state registrations and withdrawals.
-Prepare quarterly REIT asset tests and monitor annual REIT income tests and dividend projections including working with operations team to monitor services provided to tenants.
-Maintain tax basis of real estate assets including depreciation expense and any special allocations of depreciation.
-Calculate taxable income estimates and coordinate distribution of results to limited partners in various formats.
-Coordinate flow of information to limited partners i.e. K-1s, partnership assignments, partnership redemptions, etc.
-Compute and coordinate distributions to limited partners and related state withholding, if required.
-Assist supervisor as needed with conducting sensitivity analysis on proposed acquisition transactions and property disposition strategies.
-Prepare and maintain Financial Accounting Standards Board Interpretation No. 48 (“FIN 48”) documentation.
-Other duties as assigned.
Education College degree and a Certified Public Accounting license are required unless candidate has had significant experience in an equivalent position to this.
Experience A minimum of four years experience is required with at least two of those years in public accounting (preferred).
Skills The position requires the ability to establish and maintain positive professional relationships with tax preparers, legal counsel, and limited partners. In addition, the position requires the following:
Attendance This position is exempt from overtime and may entail working
hours as needed to perform the position requirements satisfactorily. The position is scheduled for an average 40-hour workweek. However, depending on reporting requirements, it may require the associate to work significantly more hours. Travel may be required periodically.
An Equal Opportunity Employer - M/F/D/V