Sr Tax Manager

AvalonBay Communities; Chicago (IL); On-site; USD 155,000 - 190,000; Full time

Job summary

Vivmark Residential in Chicago seeks a Sr Tax Manager to oversee partnership and corporate tax compliance, planning, and related filings. The role emphasizes leadership, process improvement, and collaboration with finance and external partners.

The position offers a base salary in the six-figure range plus a discretionary 16% annual bonus, with a strong focus on accuracy, deadlines, and guidance for the tax team.

Qualifications

• Bachelor's degree in accounting; master's preferred.
• Approximately six or more years of tax experience with partnership taxation preferred.
• Experience supervising and training staff is beneficial.
• Strong analytical, communication, and follow-up skills; deadline-driven.

Responsibilities

• Oversees reviews of federal, state, and local tax returns and related filings.
• Performs tax research and projections; collaborates on planning for transactions.
• Leads and develops tax staff; ensures timely accurate filings and documentation.
• Monitors compliance with ASC 740 and tax reserves under supervision.
• Communicates findings clearly to management and other departments.

Skills

Analytical skills

Communication skills

Partnership tax experience

Education

Bachelor's degree in accounting

Master's degree preferred

Tools

Onesource Income Tax

Job description

Vivmark Residential exists to set the mark for what home can be. Formed through the merger of AvalonBay Communities and Equity Residential, Vivmark brings together two industry leaders with a shared commitment to excellence, innovation, and delivering exceptional living experiences. Our vision is to be the most trusted and best-performing rental housing company in America - one that continues to get better as it grows. And we're looking for people who want to help us do it.

As an owner, developer, and manager of more than 180,000 apartment homes in major markets across the US, we have the scale to offer something most companies can't. At Vivmark, team members move up and across functions, markets, and disciplines, building lasting careers. We invest in team members' growth, development, and capabilities that make them and us better, and we hold ourselves to the highest standard as an employer.

The best people want to work here. We hope you're one of them.

Please note:

Our current onsite work schedule requires attendance from Monday through Thursday each week, with remote work permitted on Fridays.

Who You Are

• Organized, Flexible, and Detail and Action-Oriented. You have a keen eye for detail and pride yourself on delivering quality work. You multitask well, re-prioritize accordingly, and meet deadlines consistently. You keep your cool during stressful situations, remain resilient, and quickly find solutions in order to meet the changing needs and priorities of the business.
• A Collaborator and Trusted Team Player. You enjoy partnering with others whether internal or external and build constructive working relationships that foster cooperation in order to get work done and deliver great results. You are united with teammates and follow through on commitments. You respond in a timely manner.
• Process Management. You have experience effectively developing processes and you know how to organize resources including people to accomplish tasks quickly and successfully.
• Proactive, Productive, and Motivated. You take initiative, manage your work efficiently, meet your deadlines, and consistently go above and beyond to contribute quality work and to assist other team members and business partners. In short: you enjoy investing extra energy to reach your goals.
• Strong Communicator. You have strong writing and speaking skills which are clear and effective, helping you connect well with others.
• Problem Solver. You are intellectually curious, a creative thinker and you like to dig to find answers. You know how to recognize important issues and are skilled at coming up with creative ways to resolve issues quickly.

What You'll Do

Tax Return Compliance

• Reviews internally and externally prepared tax filings before they are filed, focusing primarily on the timely and accurate filing of partnership tax returns. Prepares or reviews any related correspondence with outside tax authorities. Ensures department processes are appropriately followed in all matters.
• Reviews partnership and corporation legal documents and correspondence as needed to ensure correct and timely preparation of tax returns.
• Manages and reviews EQR's section 1031 exchange calculations, record-keeping and tax reporting. Proactively tracks estimated taxable gains/losses on EQR transactions and the attendant tax consequences they create.
• Prepares tax returns and various tax filings as necessary.

Planning / Process Improvement

• Manages and monitors the due date database and develops and oversees compliance timeline for each filing period.
• Looks for, recommends and implements process improvements and technology solutions in order to ensure greater efficiency and/or improved quality of the tax return process and greater integrity in the tax filings.
• Keeps abreast of changes in tax legislation and filing requirements and communicates the impact of these changes to management and staff. Incorporates changes into the compliance process.
• Monitors the formation, dissolution, acquisition and transfer of entities in order to ensure that all tax filing obligations are captured in the due date database and late filings are avoided. Considers the impact of entity changes and timely incorporates those changes into other areas, including apportionment, budget, non-resident withholding, etc.
• Participates in planning for future events (acquisitions, dispositions, mergers, etc.), and incorporates these transactions into the compliance process and tax projections, and ensures proper tax return presentation.

Supervisory / Leadership Responsibilities

• Partners with supervisor and other tax department leadership to accomplish objectives by recruiting, hiring, training and motivating a high-performing staff.
• Supervises and is responsible for the workload, timeliness and productivity of staff including the preparation, review and filing of federal, state and local tax returns, estimates and extensions, and miscellaneous state and local filings, including franchise tax returns and annual reports.
• Communicates job expectations, coaches and counsels staff on job performance and disciplinary issues. Monitors individual and team performance against objectives. Provides relevant and timely feedback for improvement, recommendations and guidance in defining career paths and professional development plans.
• Maintains timely, regular, open and clear communication with Head of tax, supervisor, tax department team members, and customers.

Research, Analysis and Audit Documentation

• Anticipates, analyzes and advises supervisor/s and senior management of the income and franchise tax impact of contemplated transactions and changes in tax law, providing schedules and supporting calculations.
• Prepares and revises tax projections, forecasts, and budgets for Vivmark Residential and related entities. Provides analysis of variances.
• Conducts tax research as needed for the accurate preparation of tax returns.
• Gathers and reviews management and accounting information. Obtains any necessary clarification, requests additional information and communicates with various departments concerning any problems that arise. Determines workpaper presentation and standards for tax workpaper files and filing system.
• On occasion participates in ASC 740 compliance and calculation of the effective tax rate, deferred tax assets and liabilities and tax reserves, as directed by the supervisor.
• Reviews and directs compliance with tax department's Sarbanes-Oxley 404 internal controls.
• Provides information in support of any tax audit to which Vivmark Residential and related entities may be subject. Works with outside tax counsel engaged for audit defense under direction of supervisor. Contacts outside accounting firms periodically concerning the resolution of tax issues and presentation of tax and financial accounting information. Responds to review points raised by the auditor on tax returns and tax provision.

Miscellaneous

• Represents the Company in a professional manner at all times. Consistently maintains a professional courteous attitude when dealing with residents, coworkers and the general public.
• Performs other duties as necessary.

Knowledge/Experience

• Bachelor's degree in accounting or master's degree preferred.
• Approximately six (6) plus years of total related tax experience preferred (particularly with partnership taxation experience). At least two years of public accounting experience with partnership tax emphasis is also desirable.
• Experience supervising and training staff is beneficial.
• Must possess strong analytical communication and follow-up skills and have a good working knowledge of partnership and corporate, federal and state taxation.
• Proficiency using computerized spreadsheets and databases required. Exposure to Onesource Income Tax is preferred.
• Must be able to manage several concurrent processes to achieve the desired result of satisfying all deadlines for the provision of tax information to the various users of the information tax authorities, auditors, outside counsel, outside partners, supervisor, upper management, other departments etc.
• Must be able to regularly reassess priorities, anticipate and plan workload needs, communicate progress and maintain flexibility.
• Presents findings in a clear and understandable written format.

Salary: $155,000 - $190,000 per year; in addition to base salary, a discretionary 16% annual bonus is provided. The successful candidate's starting pay will be determined based on job-related skills, experience, and qualifications.

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