Director of Tax - Family Office and Real Estate

Job Details

Job Location: Oak Brook HQ - Oak Brook, IL 60523Position Type: Full TimeSalary Range: $145,000.00 - $165,000.00 Salary/year

Director of Tax - Family Office and Real Estate

 

Inter Continental Real Estate and Development Corporation

a Republic Bank Affiliate 

Location: Oak Brook, IL

Employment Status: Regular, Full Time

 

 

Who We Are

 

Founded in 1968 and centrally located in Oak Brook, IL, the Inter Continental Real Estate and Development (ICD) family of companies is a diverse group of operating entities, all of which are well capitalized, with primary emphasis in the following industries; real estate development and related services, banking and financial related services, and leisure and entertainment facility management.  In addition to the operating entities, the same family that owns ICD also has significant real estate and financial investments that are managed through its Family Office.

 

What You’ll Be Doing

 

The Family Office Tax Director will play a critical role in overseeing the tax compliance and tax planning for our operating businesses, real estate development, and property management activities, while providing strategic direction and tactical execution for tax planning and tax compliance initiatives of the Family Office.  Among other things, this includes ultra-high net worth individual, “C” & “S” corporate, partnership, tax exempt, and fiduciary federal income tax planning and compliance as well as State & Local Tax and Estate and Gift Tax planning and compliance.  The ideal candidate will have a strong background in ultra-high net worth individual,  real estate and general business tax planning and compliance, family office experience, experience in the management of internal staff, and experience with management of outside professionals including but not limited to outside lawyers, accountants and consultants as it relates to tax planning and compliance for the Family Office.

 

In conjunction with our Family Office General Counsel, and our Chief Financial Officer, and with the support of our Controller, you will work directly with Company Ownership, and the managers of our various lines of business, and be responsible for the following functions including but not limited to:

 

• Fostering a positive and high performing culture across the Family Office and the ICD family of companies.
• Working with Company Ownership to set and achieve goals.
• Recruiting, developing, and retaining high performing personnel with the help of our HR function.
• Monitoring and continuously upgrading our tax policies and procedures to ensure performance, efficiency and compliance.
• Overseeing all outside tax advisers regarding specialty advice which may include, Tax Free Exchanges, Opportunity Zones, Tax Credits, Foreign, SALT, and other similar areas with a focus on strategic direction, tactical execution, and cost containment.
• Assisting with ongoing multi-generational estate & gift tax planning for Company Ownership in conjunction with our Family Office General Counsel and with outside estate planning legal counsel.
• Coordinating and managing tax efficiency across the Family Office including evaluating after tax returns on various investment alternatives and overseeing and budgeting for estimated tax payments across the Family Office in conjunction with the Family Office CFO and outside financial advisers.
• Coordinating tax planning in conjunction with the Family Office General Counsel and outside tax advisers.
• Continuously working with our IT Director to optimize adoption of technology enhancements, improved information reporting, and securing confidentiality of proprietary data.
• Coordinating and leading internal and external teams to achieve Family Office initiatives.

 

 

Who You Are

 

• Certified Public Accountant (CPA) designation highly desired and preferably a Masters or other degree in Tax, Accounting, Finance, Real Estate, or a related field.
• Minimum of 10+ years of experience representing or working for entrepreneurial closely held enterprises or Family Offices, with at least 2 years in a leadership role at a CPA firm, or Family Office or internally at a closely held business.
• Strong real estate tax experience ideally in all dimensions including acquisitions, disposit