Tax Director, Real Estate

Company: Waterton
Location: Chicago
Posted on: March 10, 2025

Job Description:

Waterton Corporate Office222 S Riverside PlzChicago, IL 60606, USADescriptionAbout WatertonWaterton has grown from very humble beginnings with one phone and two desks to the successful, nationally recognized real estate investment and management firm it is today. As Waterton has evolved and grown, one thing has remained constant - the drive to achieve results by exceeding expectations. For 25 years, Waterton remains passionate about delivering an incredible Resident Experience, which we believe is made possible by offering an extraordinary experience for our talented associates. We value performance that delivers experiences that exceed expectations, coupled with an unwavering commitment to Investor, Guest, and Resident service excellence. Overall, we are a collection of people who strive daily to "find the good and leave it better."Job SummaryThe Tax Director, Real Estate is responsible for overseeing tax-related activities within the organization, ensuring compliance with local, state, and federal tax regulations along with REIT compliance functions for corporate and portfolio entities.Your Impact and Job Responsibilities:

• Leads tax planning and compliance efforts across federal and state jurisdictions for both corporate and portfolio entities and structures, liaising between third-party tax preparers and internal accounting teams.
• Leads REIT compliance process on a quarterly and annual basis and coordinates with internal accounting teams to document ASC 740 memos in conjunction with year-end audits.
• Provides guidance for the CFO, SVP Portfolio Accounting, and Investor Relations on tax-related items during the due diligence process for prospective investors.
• Provides recommendations with structuring of acquisitions and dispositions and tax diligence, including underwriting of state and local taxes with a goal of minimizing tax exposure and maximizing returns.
• Oversees third-party service providers to lead the quarterly and annual process to calculate and document corporate tax provisions.
• Prepares tax-impacted versions of fund models on a semi-annual basis with the assistance of portfolio controllers.
• Works with internal accounting and external tax preparers to prepare annual tax estimates for corporate and portfolio stakeholders.
• Oversees and responds to investors' tax-related inquiries on a recurring and/or ad-hoc basis.
• Responsible for federal and state audits and represents the corporate and portfolio entities before taxing authorities, with the assistance of third-party tax preparers and consultants.
• Responsible for state and local tax filings.
• Maintains an understanding of significant agreements and impacts on tax matters.
• Monitors and stays abreast with changes in tax laws, regulations, and industry trends that affect real estate investments, while providing relevant tax updates to leadership.What You'll Bring - Desired Skills and Experience:
  • Bachelor's degree in Accounting (preferred) or related field with specialization in Taxation.
  • 6-8 years of real estate experience with a public accounting firm or corporate tax department; commercial experience is a plus, preferably in a multi-family environment.
  • Knowledgeable on federal and state tax laws as they pertain to real estate investments, fund structures, and the associated investor base.
  • Strong experience with tax planning, compliance, and structuring for complex real estate transactions and investments.
  • Proficient with Microsoft Office to include Word, Excel, and Outlook; Advanced skillset with general ledger software.
  • Proven ability to manage multiple projects, prioritize tasks, and meet deadlines in a fast-paced, dynamic environment.
  • Excellent customer service skills while maintaining the highest standards of professionalism.How we will recognize and reward you:At Waterton, we recognize that compensation and benefits are important to our associates. We offer a wide variety of benefits including:
    • Competitive compensation and incentive program participation.
    • Full suite of benefits including Medical, Dental, Life, Disability, and even pet insurance.
    • 401K + match.
    • Generous paid time off, volunteer time off, and paid holidays.
    • A commitment to life-long learning through learning plans that include internal and external trainings with LinkedIn Learning, as well as consideration for tuition reimbursement.
    • Employee discounts and wellness initiatives, like an onsite gym.
    • Hybrid work environment (based on business or position need).The typical base salary hiring range for this role is $130,000.00-$180,000.00 per year, plus bonus program participation.The pay range is a base pay only and does not include any additional compensation or bonuses that this position may be eligible for. The pay range is approximate and the actual pay may vary depending on related work experience, certifications, education, and other job-related factors.Waterton welcomes all.Waterton is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender perception or identity, national origin, age, marital status, protected veteran status, or disability status.
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Keywords: Waterton, Chicago , Tax Director, Real Estate, Accounting, Auditing , Chicago, Illinois