Tax Associate / Senior Tax Associate

Tax Associate / Senior Tax Associate

Company Overview

A well-established private real estate investment organization with a diverse portfolio of investments and operations across multiple markets. The company focuses on long-term investment strategies and emphasizes operational expertise, collaboration, and an entrepreneurial work environment.

Position Summary

The Tax Associate / Senior Tax Associate will work as part of the company's internal tax team, reporting to the tax department's leadership. The role will focus on preparing and reviewing federal, state, and local tax filings for a diverse portfolio of partnerships, corporations, investment funds, and related entities.

This position offers practical experience in real estate and investment taxation, including partnership compliance, multistate filings, investor reporting, tax research, and special projects. The role is based in New York City and follows a hybrid schedule, with most of the workweek spent in the office and one day available for remote work.

Key Responsibilities

• Prepare and assist with the review of federal partnership tax returns (Form 1065) and related Schedules K-1 for real estate partnerships, investment funds, and joint ventures.
• Prepare individual income tax returns (Form 1040) for company principals and other designated individuals.
• Develop and maintain tax workpapers, tax-basis calculations, capital account reconciliations, and supporting schedules.
• Prepare and coordinate multistate tax returns, extensions, and estimated tax payments for entities operating across multiple jurisdictions.
• Track tax estimates, refunds, credits, and payment obligations across the entity portfolio.
• Prepare state composite returns and nonresident withholding filings, and evaluate pass-through entity tax (PTET) elections where advantageous to investors.
• Assist with real estate-related regulatory filings, including property income and expense reporting, by coordinating financial information with accounting and property management teams.
• Respond to investor and advisor inquiries concerning Schedule K-1s, state filing requirements, and tax reporting packages.
• Assist with resolving tax notices, coordinate with external accounting firms as needed, and maintain well-organized tax documentation.
• Conduct tax research using professional tax research platforms and document conclusions.
• Collaborate with accounting, investor relations, acquisitions, legal, and property management teams on tax-related matters.
• Identify opportunities to improve tax compliance processes, reporting workflows, and software utilization.
• Maintain the tax compliance calendar and monitor filing, extension, and payment deadlines across multiple entities.

Qualifications

• Bachelor's degree in Accounting required; a master's degree in taxation is preferred.
• Approximately 2–5 years of relevant professional experience, preferably in public accounting with exposure to partnership taxation, real estate clients, or investment entities.
• Strong understanding of partnership taxation under Subchapter K, including Form 1065 preparation and Schedule K-1 reporting.
• Experience with multistate tax compliance, including composite returns, withholding requirements, and estimated tax payments.
• Proficiency with professional tax preparation software, such as CCH Axcess, ProSystem fx, or comparable platforms.
• Strong Microsoft Excel skills and the ability to work with complex financial data.
• CPA eligibility or active progress toward CPA licensure preferred.
• Willingness to work additional hours during peak tax compliance periods, particularly around major partnership filing deadlines.
• Excellent attention to detail, organizational skills, and the ability to manage competing priorities in a deadline-driven environment.
• Strong written and verbal communication skills, with the ability to work effectively within a collaborative, entrepreneurial team.