Manager - Tax - Affordable Housing

TITLE: Tax Manager

DEPARTMENT: Finance

LOCATION: Pune (Baner)

Duties and Responsibilities:

Tax Compliance & Reporting:

- Oversee federal, state, and local tax compliance for real estate partnerships and entities

- Manage the review of partnership tax returns (Form 1065), including Schedules K-1

- Coordinate tax return preparation for multiple-entity structures and complex ownership arrangements with various CPA firms.

- Review and approve quarterly and annual tax provisions and estimates, if required.

- Ensure timely filing of all tax returns and extensions

- Manage tax audit processes and respond to tax authority inquiries Real Estate & Partnership Tax Planning

- Advise on tax-efficient structures for real estate acquisitions, dispositions, and refinancings

- Analyze tax implications of property transactions, including like-kind exchanges and

installment sales

- Provide guidance on partnership allocations, capital accounts, and distribution waterfall

structures

- Structure debt and equity arrangements to optimize tax outcomes

- Advise on tax credit syndication transactions and investor relationships LIHTC & Affordable Housing Tax Matters

- Support compliance with Low-Income Housing Tax Credit regulations and requirements

- Coordinate with tax credit syndicators and investors on tax-related matters

- Review partnership agreements for tax-related provisions affecting LIHTC properties

- Analyze tax implications of HUD programs, Project-Based Section 8, and other affordable housing initiatives

- Monitor changes in affordable housing tax legislation and assess impact on portfolio Strategic Tax Planning

- Identify and implement tax planning opportunities across the real estate portfolio

- Develop strategies to minimize tax liabilities, if any, while maintaining compliance

- Collaborate with legal counsel on complex tax structuring matters

- Research technical tax issues and provide recommendations to senior management

- Stay current on tax law changes affecting real estate and partnerships

Process Improvement & Systems:

- Implement and maintain tax technology solutions and workflows

- Develop and document tax policies, procedures, and internal controls

- Improve efficiency of tax compliance and reporting processes

- Build and maintain tax provision models and forecasting tools

Cross-Functional Collaboration:

- Partner with accounting, finance, and development teams on transaction structuring

- Coordinate with external tax advisors, auditors, and legal counsel

- Support treasury, financing, and capital markets initiatives.

Required Qualification:

Experience:

- 7+ years of progressive tax experience with focus on real estate taxation

- Substantial public accounting experience at a regional or national firm (minimum 3-5 years)

- Deep expertise in partnership taxation and multi-tiered ownership structures

- Proven experience with real estate transactions, including acquisitions, dispositions, and refinancings

- Strong background in tax compliance for partnerships and real estate entities

Technical Skills:

- Expert knowledge of federal and state tax laws affecting real estate and partnerships

- Strong understanding of tax basis, capital accounts, and partnership allocation rules

- Proficiency with tax research tools (RIA, BNA, CCH, etc.)

- Experience with tax software and partnership tax return preparation systems

- Advanced Excel skills for tax modeling and analysis

Professional Attributes:

- Excellent analytical and problem-solving abilities

- Strong attention to detail with ability to manage multiple priorities

- Effective written and verbal communication skills

- Ability to explain complex tax concepts to non-tax professionals

- Collaborative approach with ability to work cross-functionally

Preferred Qualifications:

- CPA certification (Certified Public Accountant)

- Experience with Low-Income Housing Tax Credit (LIHTC) properties and regulations

- Familiarity with HUD programs and affordable housing financing structures

- Experience with Section 42, Section 8, and other affordable housing tax provisions

- Background in tax credit syndication and investor relations

- Knowledge of state and local tax credits for affordable housing development

- Experience with securitization or structured finance transactions

Education:

- Bachelors degree in accounting, Finance, or related field required

- Masters degree in taxation or related field preferred