30 Oct
|
Tricon Homes
|
Toronto
30 Oct
Tricon Homes
Toronto
Tricon is an owner, operator and developer of single-family rental homes in the U.S. and multi-family apartments in Canada. Our commitment to enriching the lives of our employees, residents and local communities underpins Tricon’s culture and business philosophy. We provide high-quality rental housing options for families across the United States and Canada through our technology-enabled operating platform and dedicated on-the-ground operating teams. Our development programs are also delivering thousands of new rental homes and apartments as part of our commitment to help solve the housing supply shortage.
Job Description The Senior Manager, U.S. Tax is primarily responsible for coordinating and reporting on the U.S. tax operations of the single-family rental homes in the U.S. This Senior Manager has strong analytical and technical skills on federal, state and local tax issues applicable to U.S domestically controlled REITs, corporations and partnerships. They support strategic tax planning, transaction execution, entity structuring, and business initiatives across Tricon's U.S. operations and partner closely with Investment, Legal, Treasury, and Finance teams on entity formations, reorganizations, financings, and exit planning initiatives. The Senior Manager has strong collaboration and organizational skills, demonstrated experience driving tax transformation, improving processes, leveraging technology solutions, and can lead management initiatives across complex tax functions.
Essential Duties and Responsibilities
Review and file federal, multi-state, and local income tax returns for REITs, corporations, and partnerships.
Coordinate and support third-party service providers to ensure timely and accurate completion of tax reporting requirements.
Manage tax support staff located in remote locations.
Manage the tax compliance calendars, tax payments, and annual extension process.
Manage REIT compliance documentation, including quarterly asset and annual income testing, monthly E&P; estimates, and annual shareholder demand letters.
Oversee REIT and tax diligence on acquisitions and dispositions.
Collaborate with other teams within the organization including Investments, Accounting, Treasury, Legal, and Finance teams to support strategic transactions, business initiatives, and ongoing tax planning opportunities..
Provide tax guidance and risk assessment for business transactions and corporate initiatives.
Support tax structuring and due diligence for acquisitions, dispositions, joint ventures, and strategic investments.
Respond to and assist private investors with tax related matters.
Manage and oversee timely resolution of IRS or state income tax notices.
Oversee the preparation and review of U.S. income tax provisions in accordance with ASC 740, ensuring accuracy and compliance with applicable accounting standards.
Oversee the maintenance of tax depreciation records, 1031 like-kind exchange data, and partnership basis adjustments.
Perform, summarize, and memorialize tax research and conclusions regarding specific issues.
Track changes in tax law and assess their impact on the REIT.
Design and lead tax technology improvements and automation initiatives.
Assistance with tax planning initiatives as required.
Qualifications
Advanced technical knowledge of U.S. federal, state, and local taxation applicable to REITs, corporations, and partnerships, including complex ownership structures.
Strong knowledge of U.S. real estate taxation, including depreciation, Section 1031 like-kind exchanges, partnership allocations, and tax basis adjustments. Familiarity with U.S. REIT rules is an asset.
Excellent analytical, research, and communication skills, with the ability to interpret complex tax legislation, assess risks, and provide explicit, practical recommendations to business partners and senior leadership.
Demonstrated ability to exercise independent judgement, manage competing priorities, and navigate complex tax matters across multiple legal entities.
Advanced Excel proficiency, including experience reviewing complex tax calculations and supporting models.
Minimum Requirements
Enrolled Agent or CPA designation is a requirement.
Bachelor’s degree from an accredited university; with appropriate work experience.
8+ years of progressive U.S. tax experience, including corporate and partnership tax compliance and planning.
📌 Senior Manager, U.S. Tax (Toronto)
🏢 Tricon Homes
📍 Toronto