Tax Manager

3 weeks ago


Dallas, United States Standish Management Full time

We are a provider of specialized fund administration services for Managers and General Partners of private equity funds, specifically: Buy-out, Venture Capital, Real Estate and Fund-of- Funds. For new General Partners, we provide consulting services to help accelerate the launch of their funds in addition to our full fund administration services. For established General Partners, we provide administration services and technology to whole fund families or select funds, to help scale their fund operations rapidly and efficiently.

Job Description:

The Tax Manager is responsible for leading all phases of tax compliance with third party tax preparation providers for real estate investment funds, fund investments and real estate projects.

Essential Functions:

  • Lead coordination and review of tax packages for outside tax firms and assist firms/client with progress and questions related to filing returns and K-1's
  • Review partnership and corporate tax returns prepared by tax accounting firms
  • Lead communication with outside tax firms on issues of tax allocations, distributions, partner estimates, etc.
  • Review annual and quarterly REIT compliance testing and ensure REIT compliance files are complete
  • Review of acquisition due diligence checklists for UBTI and REIT qualification implications
  • Maintenance of REIT compliance files to include demand letters, independent contractor statements, tenant and vendor database, due diligence issues, etc.
  • Partner with Accounting Teams to calculate foreign tax withholdings for monthly distributions & assist accounting teams with reporting of deferred tax assets and deferred tax liabilities on quarterly financials
  • Review tax engagement contracts and fees with outside tax firms
  • Conduct independent research and consultation with client, outside attorneys, and tax firms on structuring alternatives and implications for funds and/or real estate projects
  • Assist client portfolio management with investor tax questions, partner waiver/affidavit filing
  • Manage tracking of IRS and state tax notices and working with outside tax firm to clear issues, and facilitate accurate and timely tax payments and recording of partnership tax withholding
  • Establish consistent procedures and policies between real estate funds and with multiple tax firms with regard to tax compliance.
  • Train and develop other department accountants with regards to tax compliance and issues as they relate to real estate investment entities and investment funds
  • Work within complex accounting structures
  • Handle various ad hoc accounting functions for client funds, where needed
Minimum Requirements:
  • Bachelors degree in Accounting or related discipline
  • CPA preferred
  • 5-7 years industry or public accounting experience (real estate and partnership tax compliance preferred)
  • REIT testing and reporting experience strongly preferred
  • Working knowledge of preparing tax provision schedules and tax holdback calculations
  • Proactive and employs critical thinking skills in identifying tax issues
  • Strong Excel and computer skills
  • Strong organizational and interpersonal skills including attention to detail and self-motivation
  • Excellent oral and written communication skills
  • SEC compliance for Registered Investment Advisors experience a plus

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