Tax Manager

Posted:
9/17/2024, 1:53:26 PM

Location(s):
New York, United States ⋅ New York, New York, United States

Experience Level(s):
Junior ⋅ Mid Level ⋅ Senior

Field(s):
Accounting

Location

Brookfield Place New York - 250 Vesey Street, 15th Floor

Business - Real Estate

Brookfield Real Estate Group is one of Brookfield’s primary operating groups. The Real Estate Group is one of the world's largest investors in real estate, with a global portfolio that includes office, retail, multifamily, logistics, hospitality and alternative real estate assets on five continents. The Group owns and operates approximately $268 billion of assets representing the most iconic properties in the world’s most dynamic markets. We seek to generate value by leveraging our operating expertise and focusing on our core real estate capabilities of leasing, financing, development, design and construction as well as property and facilities management. For more information, visit https://www.brookfield.com/our-businesses/real-estate.

Brookfield Culture

Brookfield has a unique and dynamic culture.  We seek team members who have a long-term focus and whose values align with our Attributes of a Brookfield Leader:  Entrepreneurial, Collaborative and Disciplined.  Brookfield is committed to the development of our people through challenging work assignments and exposure to diverse businesses.


Job Description

Responsibilities

  • Ensure timely filing of US income tax returns (corporate and partnership) for the private funds; including interaction with external advisors to co-ordinate collection of information and review the work/tax return prepared by the external advisor/tax return preparer

  • Manage K-1 and K-3 tax reporting process for the Funds

  • Manage investor tax questions and responses

  • Work with external advisors in gathering information quarterly and annually for REIT testing, including review of the external advisors’ work

  • Manage US tax withholding on cash distributions

  • Ensure appropriate transfer pricing documentation is in place

  • Manage US tax provision process for the Funds

  • Oversee any federal and state tax audits of US entities, including handling of notices received from taxing authorities

  • Oversee tax form validation for new investors

  • Oversee tax functions and operations of certain portfolio company operations

  • Manage the compilation of deal closing binders

  • Prepare ad-hoc tax analyses in relation to acquisitions, dispositions, and restructuring

  • Research technical tax and accounting issues and disclosure matters

  • Keep informed of changing laws and regulations to apply to Brookfield policies and practices

  • Identify, develop, and direct the implementation of technology tools and process improvements to reduce low-value data collection time and efforts, and increase resource focus on analysis of results and variances

Requirements

  • Qualified CPA with 2-7 years of real estate tax experience

  • Experience at a Big 4 or mid-tier public accounting firm

  • Experience in private/industry is highly preferred

  • Technical knowledge of US real estate, REIT, corporate tax, and partnership tax rules

  • Knowledge of outbound tax compliance and experience with international tax research

  • Experience managing large tax compliance processes and assignments

  • Basic understanding of cross-border tax issues and US treaty analysis

  • Ability to multi-task and work in a very fast-paced and team-oriented environment, and

  • Excellent project management skills and applies a pragmatic and efficient approach to handling complex assignments

Salary Range: $100,000 - $140,000

 

Our compensation structure is comprised of a base salary and a short-term incentive program (cash bonus). Cash compensation tends to vary based on geography to account for local market conditions and is set to be market competitive. Compensation decisions are based on a number of factors including relative experience, overall years of experience, industry experience, education and designations.

Brookfield is committed to maintaining a Positive Work Environment that is safe and respectful; our shared success depends on it.  Accordingly, we do not tolerate workplace discrimination, violence or harassment.

We are proud to create a diverse environment and are proud to be an equal opportunity employer. We are grateful for your interest in this position, however, only candidates selected for pre-screening will be contacted.