Director of Corporate Taxation

• Compensation: USD 170,000 - USD 185,000 - yearly

The Director, Corporate Taxation is a high‑profile individual contributor role reporting directly to the Senior Vice President, Finance and Accounting. This position is responsible for overseeing all aspects of federal and state tax compliance, planning, and reporting across Spectrum’s integrated platform.

Responsibilities include:

• Oversee federal and state income tax compliance for the operator and developer corporate‑level LLCs, including flow‑through reporting to members and equity holders.
• Manage filing obligations for all corporate holding entities, ensuring proper classification, elections, and consistency across the organizational structure.
• Review and approve consolidated or combined state tax filings where applicable, considering nexus positions across all eight operating states; advise leadership on state and local tax implications of entering new states as Spectrum evaluates potential expansion markets.
• Direct the preparation and review of LLC‑level federal and state partnership returns for each senior living community, currently approximately 90 entities.
• Manage tax compliance for community partnerships.
• Maintain entity classification schedules (check‑the‑box elections, Form 8832/8869 filings) and track any changes in ownership that may affect regarded/disregarded status.
• Coordinate with development, corporate accounting, and legal teams on new acquisitions, dispositions, or restructurings that affect entity classification and filing obligations.
• Develop and implement strategic tax planning in concert with external tax consultants, with a focus on real estate‑specific opportunities including bonus depreciation, Section 179, and like‑kind exchanges.
• Advise leadership on the tax implications of alternative organizational and ownership structures, helping decision‑makers understand the trade‑offs between different approaches before commitments are made.
• Model the tax consequences of capital account allocations, special allocations, and guaranteed payments across multi‑tier partnership structures.
• Model the tax consequences of alternative exit strategies from specific communities, analyzing outcomes not only at the partnership level but also for key investors, to support well‑informed decisions about timing and structure of dispositions.
• Maintain effective control procedures over the full tax process, including coordinating with accrual‑accounting teams to record year‑end tax adjustments reviewed and provided by the external CPA firms.
• Advise on tax implications of changes in accounting methods, fixed asset policies, capital account maintenance, and book/tax differences across the portfolio.
• Oversee the development and maintenance of tax basis schedules, outside basis tracking, and Section 704(b)/704(c) allocation analysis.
• Manage tax depreciation schedules and reconcile to GAAP for each LLC in the portfolio.
• Serve as primary liaison with external tax firms preparing annual tax packets; review returns and correspondence for accuracy and completeness.
• Manage IRS and state income tax audits: prepare responses, create supporting schedules, and coordinate with external counsel as needed.
• Receive, process, and resolve all federal and state tax notices across the portfolio.
• Oversee the preparation of quarterly and annual tax projections by the external CPA firms; review for reasonableness and ensure that key investors receive timely, accurate information needed for their own tax planning and reporting obligations.
• Direct and manage the work of the external CPA firm across the full return portfolio, including setting timelines, providing organized work papers and data packages, reviewing draft returns, and holding the firm accountable for accuracy and deadlines.
• Identify and implement effective ways to collaborate with the broader accounting and finance team — including partnership accountants, property accountants, and corporate accounting staff — to ensure the tax function is well‑supported and integrated with financial operations.
• Establish and maintain organized workflows and project management practices to track approximately 180+ returns…