Tax Associate - Rockpoint

Firm Profile
Rockpoint is a real estate private equity firm that employs a fundamental value approach to investing, targeting select product types and markets throughout the United States. The firm applies a consistent and disciplined investment approach across its investment programs, which span distinct return profiles. Rockpoint continually assesses market opportunities and evaluates potential investments relative to intrinsic value, replacement cost, and cash flow, targeting investments that Rockpoint believes are inefficiently priced or misunderstood by the broader market. Rockpoint proactively pursues opportunities that exhibit strong value potential that can be realized through impactful asset management. Since 1994, the firm’s co-founders with others have sponsored 19 investment vehicles and related co-investment vehicles through Rockpoint and a predecessor firm and have invested or committed to invest in 512 transactions with a total peak capitalization of approximately $81 billion. To learn more, visit www.rockpoint.com. 

Position Overview
The candidate will join Rockpoint’s tax team based in the Boston, MA office and will report to the Managing Director of Tax. The successful candidate will participate as a key team member in a broad range of tax responsibilities that will include the review and execution of federal, state, and local tax compliance tasks. This individual will collaborate with multiple groups within the company, including the property management, accounting, investor relations and finance teams.

Responsibilities

• Property-level responsibilities include:
  
  
  
  • Coordinate with property accountants and joint venture partners to facilitate the preparation and review of all federal, state, and local tax return filings. This includes all income and non-income based filings and payment obligations.
  
  
  • Work with internal tax and property management team members on all tax specific transactions.
  
  
  • Manage compliance of REIT entities, including quarterly and year end REIT tests.
    
  
  
  
  


• Fund-level responsibilities include:
  
  
  
  • Assist the fund’s outside tax preparers with the preparation and review of the federal, state, and local tax return workpapers, partner tax allocations, estimates, and projections for all applicable entities within the organizational structure, including REITs, TRSs, corporate blockers, and partnerships.
  
  
  • Monitor and track upcoming tax compliance obligations.
  
  
  • Collaborate with external tax advisors on all aspects of income and non-income based tax compliance.
  
  
  • Assist with the preparation and review of all federal and state income, non-income, and withholding tax payments.
  
  
  • Proactively seek out tax compliance process areas to improve.
  
  
  • Assist with corporate blocker structures related to shareholder loan maintenance. This includes maintaining LTV calculations and loan amortization schedules related to quarterly interest accruals and classifications for capital call and distribution notices.
  
  
  • Assist with the preparation and review of the ASC740 analysis for all corporate blockers and TRSs.
  
  
  • Manage budgets, billings, and engagement letters with external tax advisors.
  
  
  • Stay current on tax law changes and identify potential tax issues or areas for tax optimization.
  
  
  • Work closely with investor relations on investor tax related inquiries.
  
  
  
  

Qualifications

• Bachelor’s degree and CPA


• 2-4 years of experience with partnership tax issues as well as other relevant areas of federal, state, and international taxation for investment managers and real estate private equity funds


• Proficient in Microsoft Excel


• Outstanding productivity and proven organizational, time management, and prioritization skills


• Exceptional quantitative, written, and oral communication skills with acute attention to detail


• Self-motivated with ability to take initiative and drive tasks forward proactively


• Team-player with an ability to solve problems while collaborating with various interdepartmental personnel


• Intelligence, integrity, drive, and flexibility

Location
The position is based primarily in Rockpoint’s Boston office.

Compensation
The expected base salary range for this position is $100,000 – $120,000. Actual compensation will be determined based on experience, skills, and qualifications.

Rockpoint Group, L.L.C is an equal employment opportunity employer. All employment decisions and personnel actions at Rockpoint are administered without regard to race, color, religion, creed, national origin, ancestry, gender, age, disability, sexual orientation, gender identity and expression, genetic information, veteran status, military service, or any other category or class protected by federal, state, or local laws. Rockpoint is committed to diversity in its most inclusive sense.