Senior Manager, Real Estate Tax

Senior Manager, Real Estate Tax

Great people make great properties. As an owner, operator and developer of thriving retail centers in the nation's top markets, Macerich offers opportunities to work, grow and develop your unique talents. Apply now to help us shape the future of retail real estate while building a meaningful, rewarding and balanced career.

About the Role:

The Sr. Manager, Real Estate Tax is responsible for overall corporate property tax functions including: Analyzing properties and correctly making determination of the viability of appealing a property tax assessment, property tax budgeting and projecting, acquisition and development due diligence and tax bill processing. In addition, the Sr. Manager, is responsible for coordinating all appeal activities either internally or externally through an outside consultant or counsel.

The successful candidate must be able to perform the essential functions of the position satisfactorily. If requested, reasonable accommodations will be made to enable employees with disabilities to perform the essential functions of their job, absent undue hardship.

What You Will Do:

• 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.

The Employer retains the right to change or assign other duties to this position.

The compensation for this position is determined based on several factors, including the candidate's experience, qualifications, and the specific requirements of the role. Final salary offers will be discussed during the interview process and will reflect the candidate's skills and the company's compensation structure.

What You Bring:

• 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.

Macerich's Total Rewards:

• Best-in-class benefits with affordable employee contribution levels
• Paid time off, including vacation time, 12 paid holidays and 80 hours of sick time annually
• 401(k) match with immediate vesting
• Ability to purchase company stock at a 15% discount
• 24 paid volunteer hours and employer charitable match
• Employee Assistance Program
• Career-development resources
• Comprehensive wellness program including Calm Health and ClassPass memberships
• Remote Fridays
• And more

Who We Are: Macerich is one of the country's leading owners, operators, and developers of major retail real estate (NYSE:MAC). Our high-quality retail properties in many of the most affluent and densely populated U.S. markets set Macerich apart. By bringing communities together, we create long-term value for our shareholders, partners and customers. As we work together to achieve our mission, our shared values drive our progress: Excellence, Relationships, Optimism, Integrity, Empowerment and Fun.

Macerich is an Equal Opportunity Employer committed to employing a diverse workforce. Qualified applicants will be considered without regard to race, color, religion, sex, national origin, age, sexual orientation, gender identity, gender expression, veteran status or disability.