Manager, Real Estate Tax

Ventas, Inc

  • Chicago, IL
  • Permanent
  • Full-time
  • 16 days ago
Job Description:The Manager, Real Estate Tax will support the Director, Real Estate Tax to ensure the lowest possible real estate tax is assessed. This position will primarily be responsible for deal-underwriting. The position will also ensure all tax parcels have been reviewed for assessment appeal potential, and such recommendations from third-party consultants have been documented in the tax software system.The Manager will prepare notes for management of any appeals materially affecting the company’s financials. The Manager will also provide support for the accruals process and annual property tax budget process. It will require effective communication with other departments with Ventas, as well as third parties.Essential Functions:
  • Prepare RE tax underwriting estimates for target properties, transfer tax estimates, and closing documents.
  • Collecting & maintaining property tax data in the tax software system; including appeal recommendations, appeal status, hearing results, and final values.
  • Collaborate with Real Estate Tax Analyst to prepare annual RE tax budgets for the various business segments.
  • Collaborate with Accounting Manager, Tax with monthly property tax accrual review.
  • Special research projects originating from various Ventas teams; Tax, Legal, Acquisitions, Accounting, and Asset Management.
Knowledge, Skills, & Abilities Required:
  • Strong knowledge of ad valorem tax law, rules, and regulations
  • Solid foundation in appraisal theory and techniques
  • Strong background in accounting
  • Proficiency in Microsoft Office Suite, including Excel, Word, Outlook, and PowerPoint
  • Excellent analytical and problem-solving skills
  • Strong organizational skills, with the ability to prioritize tasks and meet deadlines
  • High level of initiative and ability to work independently
  • Excellent communication skills—both verbal and written
  • Ability to work effectively with peers, subordinates, external contacts, and all levels of management
  • Willingness to travel up to 10%
Qualifications:Education
  • Bachelor’s degree in Accounting, Finance, Real Estate, or equivalent experience required
  • Completion of property tax/valuation courses preferred (e.g., Appraisal Institute [AI], Institute for Professionals in Taxation [IPT], or International Association of Assessing Officers [IAAO])
Licenses/Certifications
  • Preferred certifications: CPA, MBA, CMI (one or more)
Experience
  • Minimum 5+ years of total professional experience required
  • 3+ years of real estate tax underwriting experience preferred
  • 3+ years of property tax appeal experience preferred
  • 3+ years of experience using OneSource Property Tax software preferred
  • 3+ years of experience filing property tax returns preferred
#LI-MB1#LI-HybridVentas, Inc. offers a competitive compensation and benefits package to the successful candidate.Ventas, Inc. is an Equal Opportunity Employer.Ventas, Inc. does not accept unsolicited resumes from staffing agencies, search firms or any third parties.

Ventas, Inc