Assistant Vice President, Tax

Assistant Vice President, Tax

The Assistant Vice President, Tax is responsible for assisting the Managing Director, Tax to ensure the timely delivery of tax benefits associated with the Low-Income Housing Tax Credit ("LIHTC") program to Investors. Responsibilities also include addressing IRS and State income tax issues as they arise, training and supporting new tax hires.

What You Will Do

• Carefully reviews multi-state, multi-tier partnership tax returns, including property owning partnerships and fund-level tax returns, addressing contributions, distributions, allocation of tax items, special allocations, first year credit calculation, depreciation calculations, and sales of partnership interest or assets. Completion of this process requires the review of partnership agreements, partnership audits, partnership general ledgers, and related back up documentation.
• Works to resolve any issues identified in the return with tax return preparers.
• Provides trainings to new hires on the tax department procedures and process, the review of partnership tax returns including low income housing tax credit calculations, the preparation of fund level K-1 Summary, and other tax workpapers.
• Reviews K-1 Summary, state apportionment data, non-resident state withholdings, and state exemptions.
• Monitors the timely and accurate delivery of all Investor K-1s which includes posting of K-1s, state apportionment, and tax returns, as appropriate, to MRI.
• Oversees the timely mailing and filing of Federal and all State tax returns. This includes tracking of all electronic filings as well as paper filings.
• Assists with the analysis of partner capital accounts.
• Assists with supervising, supporting, and developing new hires.
• Performs other duties and projects as assigned.

Qualifications

• Bachelor's Degree in finance or accounting. Required
• Minimum six to eight years of tax experience Required and
• Partnership, Real Estate and Section 42 experience Preferred
• Advanced knowledge of U.S. federal and state income tax concepts required.
• Excellent verbal, written, and interpersonal communication skills.
• Ability to prioritize for self and others, strong organizational skills.
• Strong analytical and problem solving skills.
• Ability to define problems and organize efficient solutions, analyze data, and draw valid conclusions.
• Attention to detail and accuracy.
• Displays teamwork by balancing team and individual responsibilities.
• Strong computer skills and proficiency with MS Office applications. Advanced working knowledge of MS Excel is required.
• Requires an innovative, highly motivated individual, who is a detail oriented, self-starter who takes initiative.
• Must demonstrate strong attention to detail, and demonstrate knowledge of accounting practices and procedures.
• Must demonstrate excellent written and verbal communication skills and interpersonal skills, particularly the ability to communicate effectively with all levels of management and industry professionals.

Compensation

We are committed to offering competitive and equitable compensation. The hiring range for this position is generally between $130,000 - $170,000, exclusive of fringe benefits or potential bonuses. This position is also eligible for a performance bonus. Final salaries will be determined based on factors such as geographic location, skills, education, licenses, certifications, and/or experience. In addition to these factors we believe in the importance of pay equity. Please keep in mind that the range mentioned above is the general Hiring Range for the role. Hiring at the top of the range is reserved for exceptionally qualified candidates. We consider internal and external factors as a part of every final offer. We also offer a generous total compensation and benefits package.

Benefits A competitive salary is only one part of your total rewards. We also offer a comprehensive benefits package, including paid time off, medical, dental, life and disability insurance, HSA/FSA accounts, retirement, rewards programs, and so much more!

EEO/ADA The Company and its affiliates provides equal employment opportunity to all individuals regardless of their race, color, creed, religion, gender, age, sexual orientation, national origin, disability, veteran status, or any other characteristic protected by state, federal, or local law. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

Hunt Capital Partners