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Tax Partner - Real Estate Debt Funds

Tax Partner - Real Estate Debt Funds

RSMChicago, IL, US
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Federal Tax Partner

We are the leading provider of professional services to the middle market globally, our purpose is to instill confidence in a world of change, empowering our clients and people to realize their full potential. Our exceptional people are the key to our unrivaled, culture and talent experience and our ability to be compelling to our clients. You'll find an environment that inspires and empowers you to thrive both personally and professionally. There's no one like you and that's why there's nowhere like RSM.

RSM has an exciting opportunity for a Federal Tax Partner focusing on real estate debt funds and mortgage REITs to join our Real Estate practice. This Tax Partner will lead the efforts of multiple teams on client engagements; plan, execute, direct, and complete tax projects in the Real Estate industry; provide innovative tax planning, consulting, and compliance expertise to clients; market, sell, design, and implement tax-planning strategies for clients and manage to budget.

Successful candidates will have deep debt fund and REIT experience with industry expertise in real estate lending and financial products and will have a strong network within the local business community and a proven track record of developing new business and leveraging trusted relationships.

As a Tax Partner at RSM, you will have an important role in developing, mentoring and coaching our people to achieve challenging and rewarding careers and developing them into future leaders of our firm.

Responsibilities :

  • Client Service - Manage and build trusting client relationships; understand clients' business challenges and goals; work collaboratively with clients and service teams to deliver exceptional value and quality; manage and drive the success of multiple engagements while enhancing profitability; provide additional insights and business solutions that result in expanded business to clients.
  • Business Development - Lead the development and execution of growth strategies; actively represent the firm in the business community to promote our brand and capabilities; develop and close new business.
  • People Management - Attract, develop, and retain top talent; serve as a mentor and coach for emerging leaders; ensure effective communication and alignment of priorities.
  • Expertise Development - Stay current on latest regulatory and legislative developments and the firm's standards and policies; continue to expand expertise in technical areas and develop industry specialization within the Real Estate industry.

Basic Qualifications :

  • Bachelor's degree in Accounting and CPA
  • 12+ years in public accounting with experience in debt funds and mortgage REITs
  • Strong knowledge of various real estate debt investment platforms and constructs including senior secured first mortgage loans, bridge financing, mezzanine debt, preferred equity, and various mortgage-backed security positions
  • Structuring experience with use of different vehicles (REIT and non-REIT) to accommodate various debt investment strategies including originate and syndicate; originate and hold; purchase and hold; and distressed workouts
  • Familiarity with the tax accounting implications and broader impact on REIT and non-REIT vehicles of various asset types (i.e. debt vs. equity investment, inventory, secured debt, non-secured debt, modified debt, foreclosure property, hedges, etc.) and revenue streams (i.e. character and timing of income recognition, interest income vs. distributable share of real estate activity, gain / loss on disposition, stated interest, unstated interest, fees for services, gain / loss on modification or foreclosure, hedge income, etc.)
  • A proven record of building profitable, sustainable client relationships
  • A proven record of simultaneously managing multiple projects and engagement teams for various clients
  • A proven record of collaborating with members of different service lines to bring the full power of the firm and elevate the quality of deliverables and overall client and talent experience of key stakeholders (i.e. SALT, ITAX, Transfer Pricing, Income Tax Provisions, Audit, Consulting, etc.)
  • Highly developed problem solving and analytical skills
  • Project management and critical thinking skills
  • Excellent written and verbal communication skills
  • Strong Microsoft Excel and Word skills required
  • Outstanding organizational and time management skills; ability to prioritize multiple assignments
  • At RSM, we offer a competitive benefits and compensation package for all our people. We offer flexibility in your schedule, empowering you to balance life's demands, while also maintaining your ability to serve clients. Learn more about our total rewards.

    All applicants will receive consideration for employment as RSM does not tolerate discrimination and / or harassment based on race; color; creed; sincerely held religious beliefs, practices or observances; sex (including pregnancy or disabilities related to nursing); gender; sexual orientation; HIV Status; national origin; ancestry; familial or marital status; age; physical or mental disability; citizenship; political affiliation; medical condition (including family and medical leave); domestic violence victim status; past, current or prospective service in the US uniformed service; US Military / Veteran status; pre-disposing genetic characteristics or any other characteristic protected under applicable federal, state or local law. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process and / or employment / partnership. RSM is committed to providing equal opportunity and reasonable accommodation for people with disabilities. If you require a reasonable accommodation to complete an application, interview, or otherwise participate in the recruiting process, please call us at 800-274-3978 or send us an email at careers@rsmus.com.

    RSM will consider for employment qualified applicants with arrest or conviction records in accordance with the requirements of applicable law, including but not limited to, the California Fair Chance Act, the Los Angeles Fair Chance Initiative for Hiring Ordinance, the Los Angeles County Fair Chance Ordinance for Employers, and the San Francisco Fair Chance Ordinance.

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    Tax Real Estate Tax • Chicago, IL, US

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