Tax Associate/Senior Associate

Tax Associate/Senior Associate Overview

• The Tax Associate/Senior Associate will support the client's tax team in managing complex tax compliance tasks for partnerships, corporations, and related entities.
• This role offers exposure to partnership taxation, multi-state filings, investor reporting, and special projects within a dynamic real estate-focused environment.
• Work closely with the Director of Tax and collaborate with accounting, equity, acquisitions, and legal teams on tax-related matters.
• Utilize advanced tax preparation software and tools to ensure compliance and streamline workflows effectively.
• Contribute to process improvements in tax compliance workflows and software utilization, enhancing operational efficiency.
• Flexible hybrid work arrangement with in-office presence Monday through Thursday and remote work on Fridays.
• Engage in professional development opportunities, including CPA licensure pursuit and mastering advanced taxation concepts.
• Competitive compensation package reflecting qualifications and experience, with additional bonus potential.

Tax Associate/Senior Associate Key Responsibilities & Duties

• Prepare and review federal partnership tax returns (Form 1065) and related Schedules K-1 for diverse real estate partnerships and funds.
• Compile tax workpapers, basis calculations, capital account reconciliations, and supporting schedules for compliance accuracy.
• Manage multi-state tax filings, extensions, and estimated payments across a geographically diverse portfolio.
• Prepare state composite returns, nonresident withholding filings, and evaluate pass-through entity tax elections for investor benefits.
• Assist in NYC Real Property Income and Expense filings, coordinating with property management and accounting teams.
• Respond to investor inquiries regarding K-1s, state filing obligations, and tax package contents.
• Conduct tax research using tools like Checkpoint and CCH, documenting findings for strategic decision-making.
• Maintain the tax compliance calendar to ensure timely filing, extensions, and payments across entities.

Tax Associate/Senior Associate Job Requirements

• Bachelor’s degree in Accounting required; Master’s in Taxation preferred for advanced expertise.
• Minimum of 3 years of experience in public accounting, with a focus on partnership returns and real estate clients.
• Proficiency in tax preparation software such as CCH Axcess or ProSystem fx and advanced Microsoft Excel skills.
• CPA eligibility or active pursuit of CPA licensure preferred for professional growth.
• Strong knowledge of partnership taxation (Subchapter K), Form 1065/K-1 preparation, and multi-state compliance.
• Excellent organizational skills and ability to manage multiple deadlines in a high-volume environment.
• Effective written and verbal communication skills for collaborative teamwork and client interactions.
• Willingness to work extended hours during peak compliance periods to meet critical deadlines.