Senior Tax Associate
Chicago, IL
Portfolio Accounting & Reporting – Tax /
Full-Time /
Hybrid
Harrison Street is a leading investment management firm exclusively focused on alternative real assets. Headquartered in Chicago with offices in London, Toronto, San Francisco, and Washington DC, the Firm has more than 280-employees and approximately $55 billion in assets under management. Clients of the Firm include a global institutional investor base domiciled in North America, Europe. Asia-Pacific, Middle East and Latin America.
Harrison Street Real Estate Capital, LLC is seeking to hire a Senior Tax Associate within its Tax group.
Responsibilities:
- Assist in managing the process and communication with property managers and joint venture partners to obtain all necessary information and ensure proper tax reporting.
- Assist in assessing and maintaining tax compliance requirements of fund structure, including schedule of returns, estimates and extensions filed.
- Review pass-through entity, REIT and corporate tax returns, extensions, and quarterly estimates prepared by external tax advisors and joint venture partners.
- Understand the impact of complex fund structures, transactions, partner allocations and disclosures on various types of investors (foreign, tax-exempt, domestic, etc.) and tax implications of transactions to the structure and investors.
- Participate in the tax structuring, planning, and due diligence for acquisitions and dispositions.
- Ensure all tax filings and payments are timely filed.
- Assist in responding to federal and state notices.
- Assist with federal and state audits.
- Coordinate with external tax advisors to prepare taxable income projections for corporations, REITs, and pass-through entities in order to determine appropriate withholding associated with distributions to US taxable and international investors.
- Analyze quarterly withholding requirements and impact of asset dispositions on REITs, partnerships, corporations, and investors.
- Coordinate with the accounting department to document ASC 740, manage tax provision, review REIT testing qualifications and ensure all proper tax disclosures are included in order to comply with regulatory agencies.
- Responsible for assisting with REIT compliance.
- Assist with tax research and prepare memorandums outlining findings and conclusions for tax treatment related to strategic transactions and acquisitions.
- Assist with investors’ tax inquiries, provide tax support to internal stakeholders and respond to ad-hoc requests.
- Help to continuously improve internal tax processes, leveraging technology where possible.
- Keep abreast of changes in industry regulation, maintain competency through continuing education and obtaining professional certifications.
Requirements:
- Bachelor’s Degree in Accounting required
- CPA/JD required
- 3+ years of tax experience in public accounting or within real estate industry.
- Comprehensive technical skills regarding partnership, REIT and corporate tax compliance and consulting issues.
- Knowledge of GAAP income tax accounting and application of ASC 740 for year-end reporting requirements.
- Excellent verbal and written communication skills.
- Proactive detail-oriented professional with excellent problem-solving capabilities.
- Exceptional organization, project management, and time management skills.
- Ability to develop and maintain strong working relationships.
- Must be able to efficiently allocate time between multiple tasks, changing priorities, tight deadlines and provide support to team members.
$100,000 - $130,000 a year
For Illinois Only: The expected base salary range for this position is $100,000 to $130,000. Actual salaries may vary based on a number of factors, including skills, experience, and qualifications.
In addition to base salary, total compensation at Harrison Street includes a generous discretionary bonus, along with a comprehensive range of benefits — including medical, financial, and wellness programs — designed to support our employees both professionally and personally.
