About the Company:
Regency Centers Corporation (Nasdaq: REG)Regency Centers is the preeminent national owner, operator, and developer of shopping centers located inaffluent and densely populated trade areas. Our portfolio includes thriving properties merchandised with highly productive grocers, restaurants, service providers, and best-in-class retailers that connect to their neighborhoods, communities, and customers. Operating as a fully integrated real estate company, Regency Centers is a qualified real estate investment trust (REIT) that is self-administered, self-managed, and an S&P 500 Index member. For more information, please visit regencycenters.com.
About this Opportunity:
Regency Centers is seeking a Director, Tax to join our corporate office located in Jacksonville, FL. This person will oversee and manage REIT qualification, Tax Provision calculations and forecasts and annual income tax compliance (approximately 450+ federal and state returns).Supervise the Tax department. Assist Senior Vice President, Tax with strategic planning and review of potential investments for purposes of determining REIT qualification and developing alternative ownership structures as appropriate.
Strategic planning for the company. Includes forecasting and managing REIT taxable income in order to meet dividend payout requirements. As well as strategic research and planning projects including structuring joint ventures, determining appropriate ownership vehicle for development projects, and implementing tax planning strategies to reduce taxes and maintain REIT compliance, etc.
Direct REIT qualification testing including quarterly income, asset, and ownership tests. Research and document any non-qualifying income and/or assets and potential impact on qualifications.
Responsible for quarterly Tax Provisions and deferred tax asset balances including Valuation Allowance evaluations in accordance with ASC 740. Primary liaison with external auditors on all tax matters. Includes forecasting quarterly Tax Provision and internal allocation of overhead expenses between TRS and REIT.
Oversee tax compliance work including federal, state, and local filings for all Regency related entities totaling more than 450 returns.
Supervise and manage tax department of four to six tax professionals and be primary tax liaison with other internal departments (Property Management, Real Estate Accounting, IT, Financial Services, etc).
Coordinate and manage all IRS, state and local audits and other tax related correspondence.
Bachelor's degree in Accounting or Finance
Master's degree preferred
Active CPA Certification
10+ years of related tax experience, to include at least 4 years of managerial experience
Big 4 Accounting Firm experience preferred
In depth knowledge of REIT, partnership, corporate and state taxation
Extensive experience with ASC 740 and reviewing Tax Provisions and Deferred Tax Asset balances
Proven ability to forecast taxable income at REIT and TRS level for tax planning purposes
Strong understanding of complex organizational structure including the interrelationships between REIT, UPREIT, TRS and numerous institutional joint venture partners
Strong computer skills including Excel, Word, JD Edwards, tax research and compliance software
Ability to work well in a team environment and develop strong relationship with internal and external teams at all levels
Leadership experience in managing a team of professionals to produce high quality work product
Ability to manage several projects simultaneously and communicate project status to senior management
Always display and maintain trust and integrity
We recognize people as our most valuable asset. Our competitive compensation and benefits package includes a 401(k) profit sharing plan with company match, medical insurance with prescription drug coverage, dental insurance including coverage for orthodontics, vision insurance, an incentive-based wellness program, flexible spending accounts, paid parental leave and compassion leave, company-paid short-term and long-term disability insurance, company-paid life insurance, educational assistance, matching charitable gifts, flexible paid time off, and paid holidays.