Senior Director, Tax
New York City, NY - USA
Job Summary
Tishman Speyer creates vibrant destinations and dynamic environments that inspire innovation and connected communities. As a diversified developer operator and investment manager of top-tier real estate in 33 markets across the globe our business choices are driven by the belief that real estate should unlock human potential. Tishman Speyers diversified portfolio spans market rate and affordable residential communities premier office properties and retail spaces industrial facilities and mixed-use campuses. We create state-of-the-art life science centers through our Breakthrough Properties joint venture and foster innovation through our strategic proptech investments. By combining global perspective with local expertise and a personalized approach we are able to anticipate our customers evolving needs. We were the first real estate company to introduce asset-wide amenity services through our ZO platform and the first traditional real estate company to create its own flexible space and coworking brand Studio.
Since our founding in 1978 Tishman Speyer has acquired developed and operated 576 properties totaling 233 million square feet with a combined value of over $131 billion (U.S.). Tishman Speyer currently has approximately $65 billion in assets under management including iconic properties such as New York Citys Rockefeller Center São Paulos Torre Norte The Springs in Shanghai Paris Bourse in Paris and Frankfurts OpernTurm and TaunusTurm.
Summary of the Position:
The Senior Director within Tishman Speyers global tax department will serve as a senior leader responsible for overseeing structuring and execution of complex real estate transactions across a portion of the firms global platform. This individual will play a critical role in shaping tax strategy related to acquisitions dispositions fund formations and joint ventures while partnering closely with senior investment legal and finance leadership.
The successful candidate will bring deep transactional experience and subject matter expertise in: (i) real estate partnership taxation (ii) REIT taxation and (iii) addition to leading transaction execution this role will be responsible for driving strategic tax initiatives and managing external advisors.
This position reports to Victor Cuciniello Managing Director and Global Tax Director and will have significant visibility with senior leadership across the firm.
Key Responsibilities:
Identify and resolve various tax issues related to the acquisition ownership or disposition of a property or portfolio investment.
Coordinate entity due diligence and third-party REIT due diligence reports where necessary on property or portfolio acquisitions.
With respect to each acquisition review any purchase and sale agreements and all other related transaction documents.
Review partnership agreements with specific attention to tax allocation provisions and other related tax provisions.
Quantify and communicate the tax risks associated with business transactions to senior management in order to facilitate their decision-making process.
Identify and analyze tax deferral strategies where appropriate and determine their feasibility to implement.
Work with advisors to structure various U.S. and international real estate funds and joint ventures to facilitate the inflow of capital by diverse groups of U.S. and non-U.S. investors and to assess their potential U.S. tax impact for Tishman Speyer.
Coordinate and review tax advice and/or opinions from external accounting and law firms including negotiating firm representations.
Strong knowledge of Foreign Investment in Real Estate Property Tax Act of 1980 (FIRPTA) and U.S. foreign withholding tax provisions.
Coordinate REIT quarterly and annual testing.
Liaise with Tishman Speyers internal teams and external advisors to assure the proper tax accounting treatment of business transactions.
Review newly enacted tax legislation applicable to the real estate industry particularly in the areas of partnerships REITs inbound and outbound investments.
Attend seminars and conferences; build and manage relationships within the real estate industry and tax field.
Skills & Qualifications:
8-12 years of relevant tax consulting experience with a focus on real estate transactions and structuring
Demonstrated expertise in partnership taxation REIT taxation and FIRPTA including application in complex large-scale transactions
Proven ability to lead and execute transactions end-to-end including structuring diligence negotiation support and post-closing implementation
Strong experience advising on real estate private equity fund structuring and joint ventures including cross-border investments
Prior experience in a leadership role with the ability to mentor junior professionals and manage internal and external stakeholders
Track record of effectively partnering with senior executives and investment teams to influence transaction outcomes and strategic decisions
Ability to translate complex tax matters into actionable insights for senior management and non-tax stakeholders
Strong project management skills with the ability to oversee multiple high-priority transactions simultaneously
Experience managing and critically evaluating work performed by external advisors (Big 4 and law firms)
Deep understanding of U.S. and international tax considerations relevant to institutional real estate investors
Excellent written and verbal communication skills
Undergraduate degree required; advanced degree strongly preferred (JD/LLM MBA CPA)
Technologically adept with experience leveraging AI or automation tools to streamline workflows and enhance decision-making
The base compensation range for this role is $325000 to $365000. This role is also eligible for a discretionary annual bonus as well as access to our comprehensive medical dental and vision insurance life and disability insurance 401(k) plan (with matching contributions) wellness benefits and all other benefits afforded to full-time Tishman Speyer employees.
This base range reflects a number of factors including but not limited to relevant experience skill sets and/or licensure required of an individual in this particular role. The base range is also specific to members of Tishman Speyers New York team as weve considered factors specific to this geography.
#LI-LM1
#TishmanSpeyer
Tishman Speyer is an equal opportunity affirmative action employer and administers all personnel practices without regard to race color religion sex national origin sexual orientation gender identity or expression disability protected veteran status or military status or any other category protected under applicable law. Tishman Speyer is committed to taking affirmative steps to promote the employment and advancement of minorities women persons with disabilities and protected veterans.
Please click here to review all EEO policies notices and relevant posters.
Please click here to review E-Verify Information.
Disability Assistance - Tishman Speyer is committed to being an Equal Opportunity Employer and offers opportunities to all job seekers including job seekers with disabilities. If you are a qualified individual with a disability or a disabled veteran you may request a reasonable accommodation if you are unable or limited in your ability to use or access the Companys career webpage as a result of your disability. You may request reasonable accommodations by sending an email to
Required Experience:
Exec
About Company
At Tishman Speyer, we are more than just a real estate company. We focus on unlocking human potential through the communities we build in across the globe.