Job Summary
The Vice President of Taxation reports to the Senior Vice President of Tax and is responsible for shaping and executing the Company’s tax strategy to support growth, optimize shareholder value, and ensure ongoing compliance. Leads aspects of the Company’s tax compliance and planning function, including strategic planning, partnership tax, REIT compliance and property taxes. Manages a team of tax professionals and collaborate with the Company’s senior business leaders, external advisors, and regulatory agencies.
The successful candidate will embody and work to reinforce MAA’s Core Values. Those values include:
Appreciating the uniqueness of each individual
Communicating openly and with integrity
Embracing opportunities
Doing the right thing at the right time for the right reasons
Duties and Responsibilities
Income Tax
- Leads the preparation and review of all federal and state tax filings, including complex partnership tax filings and K-1 analysis.
- Provides strategic tax guidance and planning, including entity structuring, transactions, dispositions and 1031 exchanges.
- Oversees the Company’s REIT qualification testing, including income and distribution tests as well as shareholder requirements.
- Projects REIT taxable income to support the Company’s dividend distribution planning.
- Directs capital account and debt allocation processes, including economic capital account maintenance (704b), tax basis capital account maintenance, and debt allocations to partners (REIT and non-REIT).
- Serves as a trusted advisor to senior leadership on emerging tax issues and opportunities and monitor tax-related issues.
- Partners with Finance and Accounting to monitor and adjust franchise, excise and income tax accruals and disclosures, including deferred tax assets/liabilities and valuation allowances.
- Manages all tax compliance audits, examinations and tax risk assessments.
Property Taxes
- Oversees the Company’s property tax strategy, including valuation analyses, reviews, appeals and tax estimate integrity.
- Manages third-party consultants and internal processes for real and personal property tax, ensuring efficiency and cost savings.
- Directs all aspects of budgeting, planning and compliance to support the property tax process, including supervision of tax estimates for potential acquisitions and developments.
- Monitors economic and regulatory trends impacting property taxes.
- Ensures tax bills and business licenses are accurately filed and paid timely.
Leadership & Management
- Leads, mentors, and develops a team of tax professionals.
- Fosters cross-functional collaboration with Operations, Finance, Legal and other departments.
- Champions process improvements and technology adoption to enhance tax operations.
- Perform other related duties as assigned to meet the needs of the business.
Required Qualifications
Bachelor’s degree in Accounting, Taxation, or a related field required
10-15 years of professional tax experience, inclusive of a minimum of five (5) years in public accounting and corporate tax, are required
Supervisory/management experience at the director-level or above required.
Preferred Qualifications
Active CPA license preferred
Master’s degree preferred
Knowledge, Skills, and Abilities
Working knowledge of real estate and partnership agreements, including tax and accounting principles, K-1 analysis, capital account management, 1031 planning, etc.
Working knowledge of real and personal property tax, including valuation and tax appeal processes, tax payment management, and planning.
Knowledge and skill with interpreting financial reporting, tax laws and regulations specific to REITs
Skills to supervise and manage the performance of a team, including selection, delegation, and coaching.
Skill and ability to demonstrate a hands-on approach and success in working in a team-based environment.
Skill and ability to clearly and concisely communicate verbally and in writing.
Skill in applying critical thinking, analysis and problem-solving methods.
Proficiency with Microsoft Office applications (Word, Excel, Outlook and PowerPoint)
Physical and Environmental Requirements
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.
While performing the duties of this job, the employee is regularly required to talk or hear.
The employee frequently is required to stand; walk; use hands to finger, handle or feel; and reach with hands and arms.
This position requires the ability to occasionally lift office products and supplies, up to 20 pounds.
This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines.
Disclaimer
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.
Top Skills
What We Do
MAA is a real estate company focused on providing a high-quality apartment living experience to residents across the Southeast, Southwest and Mid-Atlantic regions of the United States. As an active buyer and developer of apartment communities, MAA is currently the largest owner-operator of apartment homes in the country and is an S&P 500 company listed on the New York Stock Exchange. MAA has successfully navigated numerous business cycles, captured significant growth and built an efficient, technology-driven operating platform with an investment portfolio that is uniquely balanced and diversified across markets noted for strong population growth and robust housing-demand dynamics. Currently, MAA owns and operates over 100,000 apartment homes across 16 states and the District of Columbia.
As an employer, we strive to recruit, develop and retain a talented and diverse workforce that mirrors the diversity of our residents and the communities where we do business. We are committed to an inclusive working environment that not only values diversity in ideas and opinions, but also fosters a sense of belonging and connection where associates feel recognized and appreciated regardless of individual differences. Our goal through these efforts is to support and promote inclusive diversity, equal opportunity and fair treatment for all those working at MAA and as a result create more value for all the constituents we serve.
Understanding the unique perspectives of our associates, residents and shareholders is essential to our program and ultimately to our success as a company. We are committed to cultivating conversations and continuously examining all the ways we do business so that we can best deliver on our Mission to provide superior service and value to those whose lives we touch.
