Assistant Vice President, Tax

Hunt Military Communities•Boston, MA

4d•$130,000 - $170,000

About The Position

The Assistant Vice President, Tax is responsible for assisting the Managing Director, Tax to ensure the timely delivery of tax benefits associated with the Low-Income Housing Tax Credit ("LIHTC") program to Investors. Responsibilities also include addressing IRS and State income tax issues as they arise, training and supporting new tax hires.

Requirements

Bachelor's Degree in finance or accounting.
Minimum six to eight years of tax experience.
Advanced knowledge of U.S. federal and state income tax concepts required.
Excellent verbal, written, and interpersonal communication skills.
Ability to prioritize for self and others, strong organizational skills.
Strong analytical and problem solving skills.
Ability to define problems and organize efficient solutions, analyze data, and draw valid conclusions.
Attention to detail and accuracy.
Displays teamwork by balancing team and individual responsibilities.
Strong computer skills and proficiency with MS Office applications. Advanced working knowledge of MS Excel is required.
Requires an innovative, highly motivated individual, who is a detail oriented, self-starter who takes initiative.
Must demonstrate strong attention to detail, and demonstrate knowledge of accounting practices and procedures.
Must demonstrate excellent written and verbal communication skills and interpersonal skills, particularly the ability to communicate effectively with all levels of management and industry professionals.

Nice To Haves

Partnership, Real Estate and Section 42 experience Preferred

Responsibilities

Carefully reviews multi-state, multi-tier partnership tax returns, including property owning partnerships and fund-level tax returns, addressing contributions, distributions, allocation of tax items, special allocations, first year credit calculation, depreciation calculations, and sales of partnership interest or assets. Completion of this process requires the review of partnership agreements, partnership audits, partnership general ledgers, and related back up documentation.
Works to resolve any issues identified in the return with tax return preparers.
Provides trainings to new hires on the tax department procedures and process, the review of partnership tax returns including low income housing tax credit calculations, the preparation of fund level K-1 Summary, and other tax workpapers.
Reviews K-1 Summary, state apportionment data, non-resident state withholdings, and state exemptions.
Monitors the timely and accurate delivery of all Investor K-1s which includes posting of K-1s, state apportionment, and tax returns, as appropriate, to MRI.
Oversees the timely mailing and filing of Federal and all State tax returns. This includes tracking of all electronic filings as well as paper filings.
Assists with the analysis of partner capital accounts.
Assists with supervising, supporting, and developing new hires.
Performs other duties and projects as assigned.