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Tax Senior Associate - Real Estate
Tax Senior Associate - Real EstateSensiba LLP • Pleasanton, CA, United States
Tax Senior Associate - Real Estate

Tax Senior Associate - Real Estate

Sensiba LLP • Pleasanton, CA, United States
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At Sensiba, we're more than just a Top 75 Accounting Firm - we're a purpose-driven organization committed to making a meaningful impact for our clients, our people, and our communities. Recognized as a Top Workplace USA, we're proud of our culture of exceptional employee engagement, collaboration, and continuous growth.

We help clients solve problems, navigate complexity, and build a foundation for sustainable success. Whether supporting fast-growing startups or established enterprises, we bring deep expertise and a people-first approach to every engagement.

In 2018, Sensiba became a certified B Corporation (B Corp) - a designation that reflects our commitment to using business as a force for good. This certification holds us accountable to high standards of social and environmental performance, transparency, and ethical governance. It's not just a badge - it's a reflection of how we operate, make decisions, and support our stakeholders.

Summary :

The Senior Tax Associate is the cornerstone of our client engagement teams. While ensuring client satisfaction and appropriate execution of engagement plans, they are the coach and advisor to team members and the conduit through which most communication must travel. This role works to ensure that information is transferred efficiently and appropriately. The Senior Associate will develop and demonstrate deep knowledge of the technical issues and their application in their chosen discipline(s). They also help manage engagement economics, bringing potential change orders to the attention of clients, managers, and partners. The Senior Associate is expected to complete all parts of the CPA exam pursuant to earning their professional credentials as a certified public accountant or an enrolled agent. They also help manage the expectations of the Managers, Partners, and clients of the timing of engagement projects and coordinate with team members to adjust for any schedule changes.

Job Responsibilities :

  • Prepare and review complex individual (Form 1040) and business real estate returns including partnerships (Form 1065), S corporations (Form 1120-S), and C corporations (Form 1120), including Schedule E, multi-state filings, and entity-level reporting.
  • Apply key real estate tax rules, including passive activity limitations, depreciation methods (MACRS, bonus), capital gains / losses,
  • 121 exclusions, and
  • 199A (QBI) deductions.
  • Analyze partnership allocations, basis calculations, capital account maintenance, and debt-financed distributions for real estate entities.
  • Evaluate and report real estate sales transactions, including gain / loss recognition and compliance with
  • 1031 like-kind exchange rules.
  • Identify and implement basic tax-saving strategies such as accelerated depreciation, timing of transactions, and maximizing deductible expenses.
  • Ensure accuracy, compliance, and documentation while providing clients with practical guidance on real estate tax implications.
  • Maintain frequent communication with clients to foster long-term relationships and provide exceptional service
  • Coordinate and oversee work performed by team members to deliver high-quality service to clients.
  • Ensure adherence to firm procedures, legal requirements, and client specifications.
  • Mentor and develop junior staff to enhance their professional growth and skills.
  • Identify and capitalize on cross-selling opportunities to enhance client relationships and expand service offerings.
  • Actively participate in internal project teams to support firm-wide initiatives and objectives.
  • Proactively identify learning gaps and regularly review development plans with management.
  • Attend ongoing training and development programs organized by the firm to enhance skills and stay updated on industry trends.
  • Hold and maintain relevant licenses and memberships to uphold professional standards and legal requirements.
  • Stay informed about financial trends and legislation, continuously improving skills, and meeting minimum CPE requirements.

Qualifications :

  • Bachelors in Accounting or related field required
  • Masters degree in taxation or related field preferred
  • Minimum three (3) years of experience in public accounting with focus in taxation
  • Eligibility to be licensed as a CPA or Enrolled Agent required
  • CPA certification is preferred
  • Proficiency in Microsoft Office, Adobe, and Accounting software (Such as CCH products; ProAxcess and FX Engagement)
  • Knowledge of IRS codes and corporate tax matters
  • Knowledge of GAAP (Generally Accepted Accounting Principles)
  • Knowledge of individual, corporation and partnership tax rules
  • Experience preparing tax returns
  • Experience solving complicated tax issues
  • Solid understanding of advanced accounting issues
  • Strong analytical aptitude and application
  • Strong written and oral communication skills
  • Compensation :

    This role offers a competitive base salary along with a comprehensive benefits package. The anticipated salary ranges for this position are outlined below and are subject to change :

  • $64,748.00 - $130,785.00
  • When determining compensation, we consider a variety of factors such as a candidate's professional experience, skills, and qualifications. Please note that final offer amounts may vary from the ranges listed above and may be adjusted over time.

    There are many reasons to join the Sensiba team : generous benefits, competitive compensation, professional advancement opportunities, and above all - our people. If you're looking for an environment that offers you growth, success, and professionalism without compromising your family, passions, and life outside of work, apply today!

    Sensiba has a robust offering of benefits, including :

  • Comprehensive Health Coverage - Medical, dental, and vision.
  • Retirement & Financial Planning Support - 401(k) with match, financial wellness programs.
  • Generous Paid Time Off - Vacation, sick time, holidays, and volunteer days.
  • Flexible Work Arrangements - Hybrid or remote options, flexible hours.
  • Performance-Based Bonus - Recognition for your contributions through discretionary bonuses.
  • Professional Development Opportunities - Tuition reimbursement, certifications, mentorship.
  • Career Growth & Internal Mobility - Clear paths for advancement and role transitions.
  • Inclusive & Supportive Culture - DEI initiatives, employee resource groups, wellness programs.
  • At Sensiba, we believe that diversity drives innovation. We provide equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability, or genetics. In addition to federal law requirements, Sensiba complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.

    Sensiba expressly prohibits any form of workplace harassment based on race, color, religion, gender, sexual orientation, gender identity or expression, national origin, age, genetic information, disability, or veteran status. Improper interference with the ability of Sensiba employees to perform their job duties may result in discipline up to and including discharge.

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    Senior Tax Associate • Pleasanton, CA, United States

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