Principal of Tax Reporting – Real Estate Tax

Over the last 20 years, Ares’ success has been driven by our people and our culture. Today, our team is guided by our core values – Collaborative, Responsible, Entrepreneurial, Self-Aware, Trustworthy – and our purpose to be a catalyst for shared prosperity and a better future. Through our recruitment, career development and employee-focused programming, we are committed to fostering a welcoming and inclusive work environment where high-performance talent of diverse backgrounds, experiences, and perspectives can build careers within this exciting and growing industry.

Job Description

Responsibilities

Ares is seeking a seasoned tax professional to lead tax compliance and reporting for Real Estate and other businesses. This high-impact role offers visibility across the firm and plays a key part in supporting one of the largest and most dynamic real estate platforms in the U.S., including real estate investments, publicly traded/non-traded REITs, and other newly acquired real estate related funds.

Key responsibilities include:

• Liaising with accounting firms and internal tax team members to oversee tax compliance and reporting for Ares real estate funds.
• Monitoring REIT compliance processes, including earnings & profits calculations, distribution requirements, 1099-DIV and Form 1042 reporting, and quarterly and annual income and asset testing.
• Managing the preparation of U.S. tax returns by external accounting firms and reviewing them for accuracy.
• Coordinating with local accounting firms on non-U.S. tax reporting for Ares entities.
• Providing the management company with timely investment vehicle reporting.
• Offering subject matter expertise and informational support to management and other departments.

This role will also lead special projects as they arise, including company or portfolio-related M&A, operational tax matters, and the development of policies and procedures that support internal controls.

Our firm structure is flat, and the individual is expected to have an entrepreneurial “roll up your sleeves” mentality. The individual is expected to be detail oriented and able to analytically approach daily tasks.  The individual should also have a very strong sense of collaboration and be comfortable teaming with others frequently, given the multi-faceted nature of most of our tax projects and processes.

Requirements

• Minimum of 12 years of real estate tax experience,
• Exposure to non-U.S. tax reporting is preferred.
• Experience with secondaries funds is a plus.
• Strong analytical, technical, and quantitative skills.
• Excellent communication and collaboration abilities.
• Detail-oriented and comfortable working in a dynamic, team-driven environment.
• Undergraduate degree required; CPA or MST strongly preferred.

Reporting Relationships

Compensation

$230,000 - $260,000

There is no set deadline to apply for this job opportunity. Applications will be accepted on an ongoing basis until the search is no longer active.