Director, Tax

CIM Group•Los Angeles, CA

About The Position

The Tax Director is responsible for the overall tax functions for assigned funds and underlying assets, including managing internal teams, tax service providers, workstreams, and projects. The role collaborates with accounting, investment, legal, and portfolio oversight teams to manage funds effectively and minimize tax risks. It provides practical, business-focused tax advice, oversees tax compliance and reporting, supports fund and investment-level tax structures, and uses technology and analytics to improve tax processes.

Requirements

Bachelor’s degree in accounting, finance, or a related field.
At least 8 years of tax accounting experience at a public accounting firm or asset management firm.
Extensive partnership experience with large open-end real estate equity and/or credit funds.
Extensive experience with equity and mortgage REIT qualification issues and quarterly and annual REIT compliance and reporting requirements.
Private equity real estate tax experience, including U.S. tax issues and structures for foreign investors (ECI, FDAP, and FIRPTA) and U.S. tax-exempt investors (UBTI).
Excellent verbal and written communication and interpersonal skills for working with internal and external stakeholders.
Strategic thinking and the ability to align tax strategies with overall business objectives.
Strong work ethic, initiative, and eagerness to learn and grow.

Nice To Haves

Experience at a Big 4 firm with a strong real estate, credit, or investment management practice.
Experience with state non-resident withholding.
MBT, CFA, or another additional designation.

Responsibilities

Communicate tax risks and alternatives to investment, portfolio oversight, fundraising, sales, legal, and accounting teams by translating complex tax concepts into practical business advice.
Develop processes with fund administrators to deliver partner and tax allocation information accurately and on time for open-end funds with large numbers of partners.
Review investor W-8 forms and ensure claims for treaty benefits are properly granted.
Ensure tax allocations associated with carried interest and promotes are as tax efficient for the manager as possible.
Advise fund accounting to ensure fund-level and investment-level tax structures are executed correctly and accounted for properly.
Manage internal accounting teams, fund administrators, and external tax preparers to ensure timely, accurate tax compliance, including tax returns, Schedule K-1s, quarterly federal and state corporate income taxes, withholding taxes, and quarterly and annual REIT qualification requirements.
Perform tax technical research and work with external legal counsel and tax providers to identify tax risks, agree on tax positions in real time, and streamline tax reporting.
Collaborate with the tax team to communicate fund tax issues and their potential implications.
Work with investor relations to respond to ad hoc tax information requests from prospective and existing investors.
Apply tax technology, automation tools, and data analytics platforms to improve tax compliance, reporting accuracy, efficiency, and scalability.

Benefits

Competitive compensation plan, including eligibility for bonus pay in addition to base salary.
Medical, dental, and vision benefit plans.
Health Savings Account with an employer contribution.
Company-paid life and disability insurance.
401(k) savings plan with company match.
Paid time off, including vacation days, 10 designated holidays, sick time, and bereavement leave.
Up to 16 hours of volunteer time off.
Up to 16 weeks of paid parental leave.
Ongoing professional development programs.
Wellness program with monthly and quarterly prizes.