The Tax Accountant will assist with tax functions relating to property portfolios, alternative investments, and corporate entities, and will have exposure to federal and state partnership tax returns, non-U.S. investor tax forms, preferred equity and mezzanine debt investments, and complex real estate transactions.
Essential Duties and Responsibilities:
Prepare income and withholding tax projections related to real property dispositions.
Prepare year-end tax projections for the Harbor Group general partners and select LP investors.
Prepare annual schedules to reconcile estimated to actual tax withholding for investors.
Prepare budgets and track annual partnership expenses for real estate entities.
Prepare and review Personal Property Tax Returns.
Review, research, and respond to tax notices and other various tax issues that may arise for property, partnership, and corporate entities.
Review tax returns prepared by CPA firms and prepare simple tax forms as needed.
Work with Investor Relations to respond to investor questions related to withholding and tax documents, including Schedule K-1s, 8805s, 1042-S’s, and 1099s.
Work with Property, Partnership, and Corporate Accountants to answer questions related to tax payments, refunds, or CPA firm invoices.
Communicate regularly with outside CPA firms regarding the preparation and delivery of Schedule K-1s and tax returns.
Assist Director of Tax and Legal Department with research and tax structuring related to property acquisitions, dispositions, and recapitalizations.
Assist with special projects as needed.
Experience, Skills and Qualifications:
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Bachelor's degree in Accounting or an equivalent discipline.
Advanced degree in taxation preferred.
2-3 years of relevant work experience in public accounting.
CPA or eligible to sit for CPA exam required.
Experience with partnership taxation (Form 1065, Schedule K-1) required.
Experience with real estate purchase and sale transactions preferred.
Strong oral and written communication, good listening skills, and excellent attention to detail.
Ability to work in a fast-paced environment and manage well through ambiguity and complexity.
Strong organizational skills with the ability to prioritize, multi-task and work well under pressure.
Ability to balance time during busy annual reporting/ tax season.
Self-motivated and able to work independently and collaboratively.
Experience with entire Microsoft Office Suite, including Word, PowerPoint, and Excel.
Very strong Microsoft Excel skills required.
Experience with MRI and YARDI a plus.
About Harbor Group Management Company
Based in Norfolk, Virginia, Harbor Group Management Company (HGMC) is a leading global real estate investment and management firm. With more than $12.7 billion in real estate investment properties, the firm invests in and manages diversified property portfolios including office, retail, and multifamily properties. With over 35 years of experience in the industry and over 1000+ employees worldwide, HGMC continues to look for real estate investment opportunities.