Tax Manager
About the role
Who you are
We're looking for a Tax Manager to own Hometap's tax compliance and reporting function. This role sits in the Finance department and reports to the Controller. Tax at Hometap directly shapes how our investors, employees, and business partners understand their financial relationship with the company, and you'll treat it that way. You'll do well in this role if you have a strong command of partnership tax accounting, are comfortable serving as the primary point of contact with a third-party tax preparer, and take ownership of getting things right the first time.
Hometap Equity Partners, LLC is taxed as a partnership and serves as the general partner of several funds and joint ventures, which are also taxed as partnerships. Two corporate entities add complexity to the mix, including ASC 740 income tax accounting. You're someone who finds this range of entity types interesting rather than intimidating, brings sharp technical judgment, and communicates clearly with investors and internal partners alike.
What you'll do
- Tax compliance management: Serve as Hometap's primary point of contact with our third-party tax preparer (a public accounting firm). Review all federal and state tax filings for accuracy and completeness before submission, including Form 1065 and the related Schedules K-1 issued to investors and employees across Hometap's partnership entities.
- Partnership tax: Apply partnership tax expertise to review allocations, distributions, and capital account maintenance across Hometap's entities. Make sure K-1s are accurate, delivered on schedule, and paired with clear communication to recipients.
- Corporate tax accounting (ASC 740): Manage income tax accounting for Hometap's two corporate entities under ASC 740, including current and deferred tax calculations. Lead the adoption of ASU 2023-09 (Income Tax Disclosures) later this year, assessing the impact and coordinating implementation with the Controller.
- State tax notices: Review and respond to state tax notices across all entities. Track open items through to resolution and escalate to the Controller and external advisors when appropriate.
- Tax payments: Initiate federal and state estimated tax payments and extension payments on time. Record related journal entries in the accounting system and maintain supporting documentation.
- General ledger reconciliation: Own reconciliation of tax-related general ledger accounts on a regular basis, keeping the tax filings and the books aligned.