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Macerich · 3 months ago

Senior Manager, Real Estate Tax

Phoenix, AZ

Full-time

Onsite

Senior Level

5+ years exp

Macerich is one of the country's leading owners, operators, and developers of major retail real estate. The Sr. Manager, Real Estate Tax is responsible for overseeing corporate property tax functions, including property tax assessment appeals, budgeting, and collaboration with various teams to ensure accurate tax projections and compliance.

Enterprise SoftwareIntellectual PropertyPropTechReal Estate

Responsibilities

Evaluate the feasibility of appealing property tax assessments by analyzing property values using cost, income, and sales comparison approaches

Conduct thorough case reviews by gathering and assessing relevant documentation, including sales data, tax bills or assessment notices, rent rolls, property income and expense reports, and general market data

Lead the appeal process by determining whether to pursue an appeal and making decisions regarding subsequent appeal options. Represent cases before administrative appeals boards and participate in settlement negotiations when appropriate

Interview and evaluate potential consultants and attorneys, and negotiate fee arrangements

Take ownership of projection and budgeting cycles related to real estate taxes and associated expenses

Collaborate with Asset Management, Finance, Legal, Property Management, and Accounting teams to provide detailed explanations of budgets, valuation methodologies, and the appeal process

Maintain and update property tax information and database systems

Analyze evidence, conduct research, identify key issues, and develop strategic recommendations for complex property tax matters. Make decisions on moderately complex issues and consult with internal stakeholders on more intricate cases

Qualification

Property taxation principlesValuation techniquesCommercial property assessmentMicrosoft Office proficiencyReal estate terminology

Required

Advanced knowledge of property taxation principles and valuation techniques

Minimum of five years of experience in the assessment and/or valuation of commercial properties, preferably retail, with experience in a major metropolitan area strongly preferred

Bachelor's degree in Finance, Business Administration, Real Estate, or a related field

Familiarity with property tax and real estate terminology

Proficiency in Microsoft Office applications, including Word, Excel, and Outlook