Tax Manager

4 weeks ago


Old Greenwich, Connecticut, United States Tandym Group Full time
Tax Manager - Public Mortgage REIT Compliance Expert

A professional services firm in Connecticut is seeking an experienced Tax professional to join their staff as their new Tax Manager. The Tax Manager will be responsible for:

  • Preparation and monitoring of income tax provisions and related GAAP disclosures
  • Regularly monitoring of REIT compliance, including estimating current taxable income, assisting with forecasting taxable income, tax characterization of dividends and the REIT income and asset tests
  • Assisting with the automation and maintenance of ongoing REIT compliance reporting, in coordination with risk, compliance, tax, and public reporting groups
  • Preparation of workpapers detailing book/tax adjustments for publicly traded REITs and private corporations to support the quarterly and annual REIT compliance tests, tax provisions and other tax requirements
  • Data management for tax amortization calculations relating to mortgage-backed securities, mortgages, consumer loans, real estate-owned assets, ABS, and CLOs
  • Assisting in monitoring compliance with tax trading guidelines, and analyzing potential purchases for REIT qualification purposes, and identifying potential tax issues
  • Preparing quarterly federal and state tax estimates
  • Maintaining detailed tax calendar and coordinating the release of 1099s and K1s
  • Responding to tax notices from federal and state tax authorities
  • Researching federal and state tax issues and preparing summary memos
  • Perform other duties, as needed

Qualifications:

  • 5+ years of experience with Federal and State Tax on fixed income funds and/or Mortgage REIT's
  • Bachelor's Degree in Accounting
  • Extensive knowledge of Tax Accounting for Federal and State Income Taxes
  • Advanced data management and spreadsheet skills
  • Microsoft Office proficient

Desired Skills:

  • Master's Degree in Taxation
  • Mortgage REIT compliance experience
  • Working knowledge of SQL

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