Tax Manager

Tax
Posted: 11/02/2022
Full Time
Los Angeles, CA
The Tax Manager is responsible for the overall quality of the tax compliance, financial reporting, investor reporting, performance measurement, including cash flow forecasting and other operational analysis, for their assigned funds and underlying assets.
ESSENTIAL FUNCTIONS:
  • Manage the delivery of quarterly tax payments, withholding payments and taxable income estimates internally and to investors.
  • Work closely with fund accounting to ensure investment structures are executed properly.
  • Respond to ad hoc tax information requests from potential and existing investors, partners, and principals.
  • Prepare written responses to tax related questions from existing and potential investors.
  • Work closely with fund accounting and coordinate with service providers for preparation and delivery of required federal and state income and withholding tax returns for numerous partnerships, REITs, and C corporations.
  • Assist in resolution of federal, state and local tax notices and audits.
  • NON-ESSENTIAL FUNCTIONS:
  • N/A
  • SUPERVISORY RESPONSIBILITIES (if any):
  • None
  • EDUCATION/EXPERIENCE REQUIREMENTS: (including certification, licenses, etc.)
  • Bachelor's degree in Accounting, Finance or Related Field.
  • 4+ years’ previous tax accounting experience at a public accounting firm (Big 4 or national/regional firm with strong real estate or investment management practice preferred).
  • Real estate/private equity tax partnership experience in closed end and/or open fund preferred.
  • Experience with U.S. inbound tax structures and nonresident withholding (ECI, FDAP and FIRPTA) calculations and reporting strongly preferred.
  • Experience with state non-resident withholding preferred.
  • Experience with REIT qualification requirements and quarterly/annual REIT compliance and reporting.
  • Experience with ASC 740 preparation is preferred.
  • CPA (preferred).
  • MBT, CFA or additional designation a plus.
  • COMMUNICATION SKILL REQUIREMENTS:
  • Ability to read, analyze and interpret complex agreements.
  • Strong written communication skills (emails and memoranda).
  • Demonstrated ability to form effective business relationships with investors, peers, and other key contacts, ability to communicate effectively both verbally and in writing.
  • MATHEMATICAL SKILL REQUIREMENTS:
  • Ability to apply general finance mathematics (forecasting, discounting, etc.).
  • Cash flow modeling including property, debt instrument, joint venture, co-invest and fund level operations, fee and inventive calculations.
  • Ability to calculate and analyze after-tax fund and investment returns (gross and net) under multiple scenarios.
  • REASONING SKILL REQUIREMENTS:
  • Ability to define problems, collect data, establish facts and accurately and independently draw valid conclusions
  • Deadline driven and ability to manage multiple tasks.
  • Ability to work independently and to proactively evaluate and address opportunities for improvement within the area of responsibility.
  • TECHNICAL SKILL REQUIREMENTS:
  • Operate standard office equipment.
  • Proficient in Microsoft Office, especially Excel and PowerPoint.
  • Extensive knowledge of U.S. federal and income taxation.
  • Extensive knowledge of real estate transactions and/or private equity partnership operations.
  • Experience with Yardi a plus.
  • PERFORMANCE METRICS:
  • Timely and accurate execution of essential job functions.
  • Presentation ability (verbal and written work products).
  • Ability to prioritize and handle multiple tasks against deadlines.
  • Value-added suggestions and ideas to improve processes.
  • #LI-LP1

    CIM does not accept unsolicited resumes from Agencies.  Any unsolicited resumes received from Agencies will be considered property of CIM and no fees will be due or paid.  If you wish to become an approved Agency with CIM or any of its Affiliates, please contact a member of the CIM Talent Acquisition Team.