Director, Property Tax

Job Summary

Invitation Homes is a fast-paced, evolving publicly traded REIT which is pioneering a new industry with over 100,000 single family rental homes for lease and a market capitalization of over $16 billion. We are a team of more than 1,700 associates who come from all walks of life. We call different communities “home,” but our shared values bind us together. Invitation Homes is a place where possibility lives.

We need dedicated, organized, and detail-oriented professionals to provide timely and accurate financial information to our partners in the field and at our corporate offices as well as to our shareholders.

We are seeking a Director, Property Tax, to join an energetic and collaborative team that encourages creative thinking and innovative ideas to optimize success. We strive to attract talent that enjoys working in a dynamic environment, welcomes opportunities to learn about ownership of single-family residential homes, and embraces collaboration with Senior Leadership. The Director, Property Tax, is responsible for overseeing property taxes for 500+ jurisdictions for our wholly-owned portfolio, in addition to our joint venture and third-party managed portfolios.

In addition, the Director, Property Tax, will lead the approximate $500m property tax budget, responsible for ensuring accuracy and completeness of property tax payments, expense, accruals, budgeting, forecasting, and managing third-party vendors. If you are a motivated, passionate, quick learner and self-starter looking for unique career experience, this role is waiting for you!

Essential Job Duties and Responsibilities

• Lead a team of professionals including Analysts, Property Tax Consultants, and, either through matrix or directly, analytical/technology resources on the team.
• Oversee the property tax function:
  • Work in collaboration with Operations, Accounting, Financial Planning & Analysis, Asset Management, Technology, and other cross-functional partners, to prepare all property tax budgeting and forecasting, including annual budget and semi-annual reforecast.
  • Work closely with the Cash Management team to provide accurate cash forecasting for property tax payments.
  • Oversee relationship, including contract management, with third-party vendors responsible for compliance, payments, and appeals.
  • Prepare monthly accruals and related expense amortization.
  • Perform monthly and quarterly variance analyses for actuals vs. budget/forecast and current period vs. prior period.
  • Review and approve property tax payments.
• Develop long-term property tax strategy and roadmap, including technology and data components.
• Assess and manage unusual property tax matters as they arise.
• Lead appeals process and vendors across the company’s footprint.
• Develop and manage relationships with state and local property tax officials.
• Responsible for development, training, and oversight of Property Tax Analysts, Associates, and Managers.
• Establish and maintain relationships with, and credibility among, key stakeholders within each functional area of the company.
• Perform other duties as assigned.

Education and/or Experience

• Bachelor’s degree in Finance, Accounting, Economics, or related field. Advanced degree (MBA, Masters in Accounting, or similar) is a plus, but not required.
• CMI, CFA, or CPA designation, or progress toward any, is a plus.
• Minimum of 5 years real estate industry experience required. Experience with single-family rental or multifamily properties (ideally within a REIT structure) preferred.
• Strong understanding of multi-state property tax cycles.
• Familiarity and proficiency with Yardi preferred.
• Familiarity with technology / business intelligence tools and applications such as Tableau, SSRS Reporting, Anaplan, and OLAP cubes a plus.
• Proven history of implementing best practices for management reporting systems and processes.

Skills/Specialized Knowledge

• Excellent communication (oral and written) skills. Proven ability to communicate at all levels of the organization, including the Executive team.
• Sound judgment and swift decision-making skills, including the proven ability to prioritize and multi-task in a fast-paced environment.
• Strong analytical and…