Invitation Homes Inc.

Sr. Director, Property Tax

Invitation Homes Inc.$130K — $225K *
Real Estate & Construction
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Finance, Accounting, Economics, or related field required.
  • Minimum 8 years of real estate industry experience required.
  • Experience with single-family rental or multifamily properties preferred.
  • Familiarity with Yardi and business intelligence tools such as Tableau is a plus.
  • Strong academic record with advanced degree (MBA or similar) preferred.

Responsibilities

  • Lead and manage a team of property tax professionals.
  • Collaborate with cross-functional partners for budgeting and forecasting processes.
  • Manage vendor contracts and budgeting related to property tax.
  • Oversee the property tax function including budgets, compliance, and payments.
  • Develop and implement long-term property tax strategy and technology roadmap.
  • Build relationships with state and local property tax officials.
  • Conduct variance analysis for budget and financial performance.

Benefits

  • Annual bonus program
  • Health, dental, vision, and life insurance
  • Generous paid time off including vacation and sick days
  • 401(k) with company matching contributions
  • Casual dress and awesome work environment
  • Team events and gatherings
Full Job Description
Job Summary

Located in our Dallas, TX corporate headquarters, the Sr. Director, Property Tax will play an integral role in managing all real and business property tax functions for the more than one-hundred counties Invitation Homes currently operates and overseeing the company's property tax strategy. The position will be pivotal in developing new appeal strategies, developing relationships with local and state officials, and overseeing relationships with external legal and consulting teams. This position will be responsible for overseeing all property tax functions related to wholly owned properties, JV properties, and managed properties.

Essential Job Duties and Responsibilities
  • Lead a team of professionals including Analyst, Property Tax, and, either through matrix or directly, analytical resources on the team.
  • Working in collaboration with Operations, Accounting, Asset Management, Technology, and other cross-function partners, to assist in all budgeting and forecasting processes, including annual budget and quarterly reforecasts.
  • Manage all third-party vendor contracts and budgeting associated with Property Tax.
  • Oversee the property tax function:
    • Develop annual budget and any updated forecasting of property taxes
    • Oversee relationship with third-party vendors responsible for compliance and payments
    • Oversee monthly accruals
    • Approve property tax payments
    • Oversee property tax appeal process
  • Develop long term property tax strategy and roadmap, including technology and data
  • Develop and manage relationships with state and local property tax officials
  • Responsible for development, training, and oversight of property tax analysts, associates, and mangers.
  • Perform monthly and quarterly variance analyses for actuals vs. budget/forecast and current period vs. prior period.
  • Establish and maintain relationships with, and credibility among, key stakeholders within each functional area of the Company's business.
  • Perform other duties as assigned.


Education and/or Experience
  • Bachelor's degree in Finance, Accounting, Economics, or related field and strong academic record required. Advanced degree (MBA, Masters in Accounting, or similar) is a plus, but not required.
  • CFA and/or CPA designation, or progress towards either, is a plus.
  • Minimum of 8 years' real estate industry experience required. Experience with single-family rental or multifamily properties (ideally within a REIT structure) preferred.
  • 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 around management reporting systems and processes.

Skills/Specialized Knowledge
  • Excellent communication (oral and written) skills
  • Sound judgment and swift decision-making skills, including the proven ability to prioritize and multi-task in a fast-paced environment
  • Strong analytical and quantitative skills with exceptional attention to detail and quality of work product.
  • Excellent organizational skills; ability to manage multiple competing priorities and deadlines.
  • Ability to maintain confidentiality.
  • Outstanding interpersonal skills, with a team-based and collaborative work style geared towards working with others to deliver results. Open and transparent approach to business issues and challenges.


Required Licenses or Certifications
  • None


Other Requirements
  • Must maintain professional appearance.
  • Ability to be at work on a regular and consistent basis; Overtime may be required for this position.


Physical and Mental Demands

This position will spend long hours sitting and using office equipment and computers. The position may also entail light lifting of supplies and materials occasionally, up to and including 20 pounds in addition to reaching, stooping, standing, and walking. This position requires the ability to talk, hear, compare, compute, compile, copy, analyze, coordinate, synthesize, negotiate and communicate. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential job functions.

Work Environment

Standard office working environment that may be busy and noisy at times. Hybrid options available.

Salary Range
The salary range for this position is: $130,312.50 - $225,875.00, plus individuals may be eligible for an annual discretionary bonus. Actual compensation within the range will be dependent upon the individual's skills, experience, qualifications, location, and applicable employment laws.

Compensation and Benefits

To attract and retain top talent, we're pleased to offer competitive compensation and benefits, including:
  • Annual bonus program
  • Health, dental, vision, and life insurance
  • Long-term and short-term disability insurance
  • Generous paid time off plans include vacation accrual, sick time, standard holidays and floating holidays
  • 401(k) with company matching contributions
  • Awesome work environment with casual dress
  • Team events and gatherings (Pre- and Post-Covid)

#LI-JD1

About Invitation Homes Inc.

Invitation Homes is a leading owner and operator of single-family homes for lease, offering residents high-quality homes across America. With over 80,000 homes for lease in 16 markets across the country, Invitation Homes is meeting changing lifestyle demands by providing residents access to updated homes with features they value, such as close proximity to jobs and access to good schools. The company's mission, 'Together with you, we make a house a home,' reflects its commitment to high-touch service that continuously enhances residents' living experiences and provides homes where individuals and families can thrive.'
Learn more about Invitation Homes Inc.
Size
1,240 employees
Market Cap
$18 billion
Industry
Net Income
$196.2 million
5 Year Trend
+16.7%
Revenue
$1.8 billion
NASDAQ

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