Director, Property Tax

Director, Property Tax

Invitation Homes is a fast-paced, evolving publicly traded REIT which is pioneering a new industry with over 100,000 single family rental homes for lease and a market capitalization of over $16 billion. We are a team of more than 1,700 associates who come from all walks of life. We call different communities "home," but our shared values bind us together. Invitation Homes is a place where possibility lives. We need dedicated, organized, and detail-oriented professionals to provide timely and accurate financial information to our partners in the field and at our corporate offices as well as to our shareholders.

We are seeking a Director, Property Tax, to join an energetic and collaborative team that encourages creative thinking and innovative ideas to optimize success. We strive to attract talent that enjoys working in a dynamic environment, welcomes opportunities to learn about ownership of single-family residential homes, and embraces collaboration with Senior Leadership. The Director, Property Tax, is responsible for overseeing property taxes for 500+ jurisdictions for our wholly-owned portfolio, in addition to our joint venture and third-party managed portfolios. In addition, the Director, Property Tax, will lead the approximate $500m property tax budget, responsible for ensuring accuracy and completeness of property tax payments, expense, accruals, budgeting, forecasting, and managing third-party vendors. If you are a motivated, passionate, quick learner and self-starter looking for unique career experience, this role is waiting for you!

Essential Job Duties and Responsibilities

• Lead a team of professionals including Analysts, Property Tax Consultants, and, either through matrix or directly, analytical/technology resources on the team.
• Oversee the property tax function:
  • Work in collaboration with Operations, Accounting, Financial Planning & Analysis, Asset Management, Technology, and other cross-functional partners, to prepare all property tax budgeting and forecasting, including annual budget and semi-annual reforecast.
  • Work closely with the Cash Management team to provide accurate cash forecasting for property tax payments.
  • Oversee relationship, including contract management, with third-party vendors responsible for compliance, payments, and appeals.
  • Prepare monthly accruals and related expense amortization.
  • Perform monthly and quarterly variance analyses for actuals vs. budget/forecast and current period vs. prior period.
  • Review and approve property tax payments.
• Develop long-term property tax strategy and roadmap, including technology and data components.
• Assess and manage unusual property tax matters as they arise.
• Lead appeals process and vendors across the company's footprint.
• Develop and manage relationships with state and local property tax officials.
• Responsible for development, training, and oversight of Property Tax Analysts, Associates, and Managers.
• Establish and maintain relationships with, and credibility among, key stakeholders within each functional area of the company.
• Perform other duties as assigned.

Education and/or Experience

• Bachelor's degree in Finance, Accounting, Economics, or related field. Advanced degree (MBA, Masters in Accounting, or similar) is a plus, but not required.
• CMI, CFA, or CPA designation, or progress toward any, is a plus.
• Minimum of 5 years real estate industry experience required. Experience with single-family rental or multifamily properties (ideally within a REIT structure) preferred.
• Strong understanding of multi-state property tax cycles.
• Familiarity and proficiency with Yardi preferred.
• Familiarity with technology / business intelligence tools and applications such as Tableau, SSRS Reporting, Anaplan, and OLAP cubes a plus.
• Proven history of implementing best practices for management reporting systems and processes.

Skills/Specialized Knowledge

• Excellent communication (oral and written) skills. Proven ability to communicate at all levels of the organization, including the Executive team.
• Sound judgment and swift decision-making skills, including the proven ability to prioritize and multi-task in a fast-paced environment.
• Strong analytical and quantitative skills with exceptional attention to detail and quality of work product.
• Excellent organizational skills; ability to manage multiple competing priorities and deadlines.
• Ability to maintain confidentiality.
• Outstanding interpersonal skills, with a team-based and collaborative work style geared towards working with others to deliver results. Open and transparent approach to business issues and challenges.

Required Licenses or Certifications

• None

Other Requirements

• Must maintain professional appearance.
• Ability to be at work on a regular and consistent basis; Overtime may be required for this position.

Physical and Mental Demands

This position will spend long hours sitting and using office equipment and computers. The position may also entail light lifting of supplies and materials occasionally, up to and including 20 pounds in addition to reaching, stooping, standing, and walking. This position requires the ability to talk, hear, compare, compute, compile, copy, analyze, coordinate, synthesize, negotiate, and communicate. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential job functions.

Work Environment

Standard office working environment that may be busy and noisy at times.

Salary Range

The salary range for this position is: $110,587.50 - $191,685.00, plus individuals may be eligible for an annual discretionary bonus. Actual compensation within the range will be dependent upon the individual's skills, experience, qualifications, location, and applicable employment laws.

Compensation and Benefits

To attract and retain top talent, we're pleased to offer competitive compensation and benefits, including:

• Annual bonus program
• Health, dental, vision, and life insurance
• Long-term and short-term disability insurance
• Generous paid time off plans include vacation accrual, sick time, standard holidays and floating holidays
• 401(k) with company matching contributions
• Awesome work environment with casual dress
• Team events and gatherings (Pre- and Post-Covid)

Invitation Homes is an equal opportunity employer committed to fostering a diverse, inclusive and innovative environment with the best associates. We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity, Veteran status or any other factor protected by applicable federal, state or local law. If you have a disability or special need that requires accommodation, please contact us at View email address on click.appcast.io.

To all recruitment agencies: Invitation Homes does not accept agency resumes. Please do not forward resumes to Invitation Homes employees. Invitation Homes is not responsible for any fees related to unsolicited resumes.