Tricon Residential is an owner and operator of a growing portfolio of more than 38,000 single-family rental homes in the U.S. Sun Belt 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. At Tricon, we imagine a world where housing unlocks life’s potential. For more information, visit Tricon Residential.
Job Description
The Manager, US Tax will be primarily responsible for coordinating and reporting on the US tax operations of the single-family rental homes in the US, as assigned. The role will require strong analytical and technical skills on federal, State and local tax issues applicable to US domestically controlled REITs, corporations and partnerships. Strong collaboration and organizational skills are necessary. Knowledge of tax technology, software, and ability to create customized business information reports will clearly be an asset.
Essential Duties and Responsibilities:
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Review and file federal, multi-state, and local income tax returns for REITs, corporations, and partnerships.
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Coordinate and support third-party service providers to ensure timely and accurate completion of tax reporting requirements.
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Prepare and manage the tax compliance calendars, tax payments, and annual extension process.
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Prepare and manage REIT compliance documentation, including quarterly asset and annual income testing, monthly E&P estimates, and annual shareholder demand letters.
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Collaborate with other teams within the organization including Accounting, Treasury, Legal, and Finance teams.
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Respond to and assist private investors with tax related matters.
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Manage and oversee timely resolution of IRS or state income tax notices.
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Assist with preparation and maintenance of tax depreciation records, 1031 like-kind exchange data, and partnership basis adjustments.
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Perform, summarize, and memorialize tax research and conclusions regarding specific issues.
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Assistance with tax planning initiatives as required.
Qualifications:
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CPA designation is a requirement.
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Good working knowledge of partnership taxation and domestic corporations is necessary.
Minimum Requirements:
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Bachelor’s degree from a top-tier university with excellent academic performance; business or related degree preferred, but not required with appropriate work experience.
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Minimum of 5 years tax experience.
Preferred Attributes:
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Experience in Big 4, private equity or a private equity-backed company a plus.
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Completion of the in-depth Tax Course of CPA Canada is an asset.
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Experience working in a private or corporate real estate environment will be an asset.
Physical Demands:
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job, including:
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Frequently required to sit, talk, and hear.
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Frequently required to stand and move; use hands to grasp, squeeze, finger, handle, and feel; reach, push, and pull with hands and arms; occasionally required to twist; reach overhead; stoop, kneel, squat, bend, and crouch.
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Occasionally lift, carry, and move up to 10 pounds.
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Vision abilities required by this job include close vision, distance vision, and depth perception.
At Tricon, we are committed to creating a workplace where every individual is valued for their unique contributions, experiences, voices, and backgrounds. By embracing these principles, we aim to positively impact our business and the communities we serve, creating a lasting legacy where everyone can thrive.
Tricon Residential Toronto, Ontario, CAN Office
7 St Thomas St, Toronto, Ontario, Canada, 2B7
