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BPM LLP · 3 days ago

Tax Manager - Flowthrough (Real Estate)

Santa Monica, CA

Full-time

Hybrid

Mid, Senior Level

$115K/yr - $160K/yr

5+ years exp

BPM LLP is a progressive and community-focused firm seeking a Tax Manager in their Flow-Through group to lead real estate-focused partnership and S-corp engagements. The role involves mentoring a team, delivering proactive tax planning, and managing compliance for flow-through entities while contributing to practice growth.

AccountingAdviceConsultingFinanceFinancial Services

H1B Sponsor Likely

Responsibilities

Lead and review federal and multi‑state compliance for flow‑through entities (Forms 1065, 1120‑S, K‑1s), with emphasis on real estate partnerships, joint ventures, funds, and REIT‑adjacent structures

Advise on complex partnership tax matters: Sections 704(b)/(c) capital accounts and allocations

754 elections, debt allocations (recourse/nonrecourse/qualified nonrecourse), special allocations and waterfall models

163(j)

465, basis and at‑risk, and book‑tax differences

Plan and model transactions for acquisitions/dispositions, including cost segregation coordination

1031 like‑kind exchanges, step‑up considerations, and entity structuring

Manage SALT exposure across California and other jurisdictions (apportionment, filing methodologies, local gross‑receipts taxes) and coordinate with internal SALT specialists when needed

Coach and develop staff and seniors: set clear expectations, review workpapers, deliver actionable feedback, and support CPA/MST development

Drive client service: own engagement economics, timelines, and quality; communicate proactively with client executives, controllers, and fund managers

Contribute to practice growth through scoping proposals, participating in business development calls, and strengthening relationships across Southern California

Leverage technology (CCH Axcess/ProSystem/GoSystem/OneSource, workflow tools, and data utilities) to improve accuracy and cycle time

Qualification

CPA licenseFlow-through taxationPartnership tax conceptsREIT experienceProject managementClient serviceCommunication skillsMentoring

Required

CPA license required (or active progress toward licensure); MST/MBT preferred

5–8+ years of recent public accounting experience in flow‑through taxation with significant real estate exposure (commercial/residential, development, funds, private equity real estate)

Demonstrated strength in partnership tax concepts (capital accounts, allocations, basis, debt, waterfalls)

REIT experience (income/asset testing, UPREIT structures) is a strong plus

Proficiency in researching complex issues and communicating concise guidance to clients and teams

Strong project management skills; comfortable leading multiple concurrent engagements in a hybrid environment

Benefits

Total rewards with flexible work arrangements and compensation options that give you choice and flexibility.

Well‑being resources including an interactive wellness platform, EAP and mental‑health resources, and Colleague Resource Groups.

Balance & flexibility with Firm Holidays, Flex PTO, paid family leave, winter break, summer hours, and remote work options.

Professional development via CPA exam resources and bonuses, tuition reimbursement, coaching, and BPM University classes, workshops, and seminars.

Company

BPM LLP

Glassdoor3.6

Hi there, we're BPM! Welcome to a community built on connection, collaboration, and care.

Founded in 1986

San Francisco, California, USA

1001-5000 employees

https://www.bpm.com/

H1B Sponsorship

BPM LLP has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

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Trends of Total Sponsorships

2025 (4)

2024 (9)

2023 (13)

2022 (15)

2021 (15)

2020 (6)