UK and European Tax Manager
ABOUT GREYSTAR
Greystar is a leading, fully integrated global real estate company offering expertise in property management, investment management, development, and construction services in institutional-quality rental housing, logistics, and life sciences sectors. Headquartered in Charleston, South Carolina, Greystar manages and operates more than $290 billion of real estate in 247 markets globally with offices throughout North America, Europe, South America, and the Asia-Pacific region. Greystar is the largest operator of apartments in the United States, manages more than 857,400 units/beds globally, and has a robust institutional investment management platform comprised of more than $76 billion of assets under management, including over $34 billion of development assets. Greystar was founded by Bob Faith in 1993 to become a provider of world-class service in the rental residential real estate business. To learn more, visit www.greystar.com.
JOB DESCRIPTION SUMMARY
Greystar continues to experience significant international growth and expansion within the UK & Europe and this role will be to support that growth. Reporting directly to the UK & EU Tax Senior Director, and working with the UK & EU Tax Managing Director, the role will encompass but not be limited to the following areas; Corporate Taxes, Non-Resident Landlord Taxes, VAT, Stamp Duty, CIS and, as Greystar is experiencing significant international growth, other International Taxes as appropriate, meaning the candidate will require a flexible approach.
JOB DESCRIPTION
Key Role Responsibilities
- Leading the transition of tax management at deal close into operational and subsequent exit phases, with primary responsibility for portfolio tax matters to drive value, consider tax changes that impact the business and navigate complexity and risk.
- Working with the Greystar Finance teams and external tax compliance providers to monitor and co-ordinate tax compliance engagements across relevant UK and European jurisdictions.
- Building up relationships and liaising with investors as necessary to manage tax obligations under our joint venture arrangements.
- Managing the wider tax aspects of our Fund series and separate accounts..
- Managing the tax input for disposals, re-organisations, financings and refinancings.
- Preparing annual corporate tax forecasts for entities under management across relevant UK and European jurisdictions.
- Giving consideration and support to the business (including the US) on global tax reform matters such as ATAD 2, Pillar 2 etc.
- Ensuring appropriate transfer pricing documentation is prepared and on file.
- Having oversight of FATCA and CRS obligations and engagements with local administrators.
- Compiling and monitoring annual tax compliance budgets.
- Completing various financial, accounting, narrative, administrative and other reports and analysis and duties as assigned or necessary for the successful execution of the business plans.
- Working with the wider business to adopt new Tax technologies to improve accuracy and drive efficiencies within the Tax function.
- Keeping up to date with changes with Tax legislation across our jurisdictions in the UK and Europe and project managing any action that needs to be taken to assess the financial impact of any changes and ensure the changes are implemented.
- Other project work that may from time to time be required
Additional Role Responsibilities
- Partnering with the Investment & Development Teams to help them make appropriate assumptions to price taxes when bidding on acquisitions.
- Working with third party tax advisors to scope out and seek a quote for the appropriate level of advice on acquisitions, including US tax advice, with a view to providing & documenting tax assumptions for the detailed underwriting model.
- Ensuring that the Investment & Development Teams have covered all material tax items and preparing the internal documentation to enable Tax sign-off.
- Ensuring successful implementation of third party advice on acquisitions which will involve liaising with several internal & external teams.
- Controlling third party tax advisor costs during the deal process and communicating the status to the UK & EU Tax Managing Director, and Investment and Development team budget holders.
Role Scope:
- The role will be based in London and may require some travel to the Greystar European foreign offices. Currently Greystar has European corporate offices in The Hague, Madrid, Frankfurt, Paris and Dublin with the US tax team based in Charleston.
- The role will co-ordinate and manage external tax partners, statutory and supplier relationships and delivery.
Key Relationships:
- The role will report to the Senior Director, Tax, UK & Europe and involve working with the Managing Director, Tax, UK & Europe.
- The role will work closely with US, UK & European senior management team members and have significant frequent interaction with Greystar corporate functions such as Finance, Legal, Company Secretarial, Compliance and the Investment, Development, Portfolio Management and Asset Management teams.
- Regular interaction will be required with current and prospective Investment partners.
- External auditors and tax advisors.
Knowledge & Qualifications:
- Professionally qualified CTA/ACCA/ACA with the relevant tax specialisms, previous experience in the Real Estate industry would be preferable.
- IT literate and fully conversant with all Microsoft packages including Word, PowerPoint and Excel
Experience & Skills:
Essential:
- Experience must be commensurate with the role level and knowledge of applicable regulatory requirements that should have been gained through training and working in a global professional services environment.
- Must demonstrate an understanding of and sympathy with the commercial issues in the business and the impact of tax issues thereon and a willingness to learn about the commercial and tax issues affecting the residential real estate market.
- Able to work effectively to objectives with the personal sensitivity to be able to understand the needs of clients and offer clear authoritative answers in a timely manner.
- Should be able to build, create and sustain value-add relationships with key stakeholders internally and externally.
- Strong written & verbal communication skills including the ability to prepare commercial standard business correspondence, reports, documents as well as to present to diverse small or large audiences.
- Ability to critically review data and investigate and explain unexpected outcomes.
- Excellent organisation skills, including the ability to prioritise workload, achieve deadline driven defined outcomes and displays good judgment under pressure.
- A positive team player, skilled at working collaboratively with team members, key business leaders, and external partners to drive results and support the wider team and business objectives.
- Should be able to evidence an ability to adapt style to engage, support and coach colleagues.
- Demonstrated willingness to be flexible and adaptable to changing priorities in a fast-paced environment, characterised by change and rapid growth.
Desirable:
- You are likely to be an experienced Assistant Manager or newly promoted Tax Manager level at a Big 4 firm, or have experience working in an in-house tax team in a private equity or real estate business.
- Experience of working on UK, German, Dutch, French, Irish & Spanish PRS projects would be an advantage.