Tax Accountant

IRET Properties - Minot, ND2.8


(2) Weeks PTO in 1st year
9 Paid Holidays
20% Rent Discount for IRET rents
Volunteer Time Off each Quarter Medical/Dental Benefits – 1st of Month following start date
401k match up to 5% – After 6 months

We are seeking a corporate tax accountant to assist in the coordination of all aspects of federal and state income tax preparation and record-keeping for our tax team!

About IRET: IRET was founded in Minot, North Dakota, in 1970. You can find our corporate offices located in Minneapolis, Minnesota and in Minot North Dakota, along with onsite operations in eight states. From Denver, CO to Minneapolis, MN to Topeka, KS, our company continues to grow throughout the Midwest, proudly providing apartment homes to thousands of residents, extending our vision to be the premier provider of apartment homes in vibrant communities by focusing on integrity and serving others. IRET is built around our employees. Our Mission and Vision unites our employees as one team.

Assists in the coordination of all aspects of federal and state income tax preparation and record-keeping for IRET and subsidiary entities.

Requires some supervision. Self-directed and self-motivated. Assists with research on complex IRC issues. Requires a high level of initiative and understanding of the big picture. Also requires the ability to adapt to changing priorities.

Essential Duties and Responsibilities include the following. Other duties may be assigned.

Prepares work papers used in completing tax filings and K-1’s.
Works closely with Director of Tax and a third party tax preparer on tax filings and for consultations on special issues.
Assists with research and analyzes tax issues.
Communicates with taxing authorities as needed.
Maintains unitholder data for partners and calculates conversions from units to shares.
Assists with the coordination of and analyzes 1031 exchanges.
Responsible for ensuring accuracy of tax asset and depreciation records.
Prepares quarterly REIT tests and monitors REIT compliance.
Prepares 1099s and related reports, including the dividend allocation for NAREIT and Form 8937.
Assists with preparing communications to investors, including the capital gains dividend notice.
Prepares tax due diligence as needed.
Prepares tax provision calculations and annual analysis of uncertain tax positions for GAAP.
Prepares monthly sales tax return.
Prepares personal property tax returns.
Assists with the coordination of the payment of real estate taxes.
Maintains depreciation schedules
Corporate accounting duties as assigned.
Back up for this position is provided by the Director of Tax.

Supervisory Responsibilities:

Equipment Issued:
Standard computer package.

Community Involvement:
Encouraged to belong to and/or serve on committees of local service clubs, charitable giving programs, merchant associations, Chamber of Commerce, or other business networking groups. Encouraged to participate in service projects, and to establish and maintain contacts within the community to promote IRET.

To perform this job successfully, an individual should demonstrate the following competencies:

Technical Skills

Analytical - Synthesizes complex or diverse information, can organize and process diverse financial and accounting information, collects and researches data, uses intuition and experience to complement data, designs work flows and procedures.
Problem Solving - Identifies and resolves problems in a timely manner, gathers and analyzes information skillfully, develops alternative solutions, works well in group problem solving situations, uses reason even when dealing with emotional topics.
Fiscal Management
Business Acumen - Understands business implications of decisions, displays orientation to profitability, demonstrates knowledge of market and competition, aligns work with strategic goals.
Cost Consciousness - Works within approved budget, develops and implements cost saving measures, contributes to profits and revenue, conserves organizational resources.
Change Management - Develops workable implementation plans, communicates changes effectively, builds commitment and overcomes resistance, prepares and supports those affected by change, monitors transition and evaluates results.
Oral Communication - Speaks clearly and persuasively in positive or negative situations, gives full attention to what others are saying without interrupting, take time to understand what is being said, and effectively expresses ideas and opinions.
Written Communication - Writes clearly and informatively, edits work for spelling and grammar, varies writing style to meet different audiences, presents numerical data effectively, able to read and interpret written information.
Customer Service Orientation – When dealing with internal or external customers - Manages difficult or emotional situations, responds promptly to customer needs or requests, solicits customer feedback to improve service, follow through on requests for service and assistance, and meets commitments.
Teamwork & Collaboration - Balances team and individual responsibilities, exhibits objectivity and openness to others' views, gives and welcomes feedback, contributes to building a positive team spirit, puts success of team above own interests, supports everyone's efforts to succeed, includes when appropriate and works effectively with all other departments to accomplish company goals.
Organizational Support
Respect & Diversity - Demonstrates knowledge of EEO policy, shows respect and sensitivity for cultural differences, educates others on the value of diversity, promotes a harassment-free environment, embraces differences and utilizes those differences to the company’s benefit, builds a diverse workforce.
Ethics & Integrity - Treats people with respect, keeps commitments, inspires the trust of others, works with honesty, integrity and ethically, upholds organizational values, maintains confidentiality.
Professionalism - Approaches others in a tactful manner, reacts well under pressure, treats others with respect and consideration regardless of their status or position, keeps emotions under control, focuses on resolving conflict not blaming, maintains confidentiality, accepts responsibility for own actions, follows through on commitments. Represents a professional image of IRET in conduct and adherence to dress code requirements.
Project Management – Develops project plans, coordinates projects, communicates changes and progress, completes projects on time and budget, manages project team activities and effectively manages multiple projects simultaneously.
Organizational Support - Completes tasks correctly and on time, supports organization's goals and values, demonstrates accuracy and thoroughness, looks for ways to improve and promote quality outcomes.
Personal Responsibility
Responsibility – Know and adhere to all federal, state, and/or local laws as well as company policies and procedures contained in the manuals, handbooks and training provided by IRET or as otherwise communicated (verbally or in writing) to employees.
Resourcefulness – Understands how to get results, where to find answers to problems, consults a variety of resources in order to accomplish results, able to multi-task.
Motivation & Enthusiasm - Sets and achieves challenging goals, demonstrates persistence and overcomes obstacles, measures self against standard of excellence, positively contribute to overall work environment.
Adaptability - Adapts to changes in the work environment. Manages competing demands, changes approach or method to best fit the situation, able to deal with frequent change, delays, or unexpected events.
Initiative - Volunteers readily, undertakes self-development activities, seeks increased responsibilities, asks for and offers help when needed.
Dependability - Responds to management direction, takes responsibility for own actions, commits to long hours of work when necessary to reach goals, completes tasks on time or notifies appropriate person with an alternate plan.
Judgment - Exercises discretion and independent judgment, correctly interprets and follows company policies, informs appropriate people of decisions, makes timely decisions, takes independent action and calculated risks, looks for and takes advantage of opportunities.
Self-Directedness – Ability to work independently, to discern what needs to be accomplished and take initiative to make it happen, able to self direct activities in order to produce highest results.

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education and/or Experience – Bachelor’s degree (B.A. or B.S.) in Accounting required. Relevant experience and CPA preferred but not required.
Physical Demands – While performing the duties of this job, the employee is regularly required to sit; use hands to finger, handle, or feel; reach with arms; and talk or hear. Specific vision abilities required by this job include close vision, color vision, and the ability to adjust focus.
Work Environment – The noise level in the work environment is usually very quiet.
Language Skills – Ability to read, analyze, and interpret general business periodicals, the Internal Revenue Code, professional journals, technical procedures, or other governmental regulations. Ability to write reports, business correspondence, and procedure manuals. Ability to effectively present information in one-on-one and small group situations to customers, clients, and other employees of the organization.
Mathematical Skills – Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals. Ability to compute rate, ratio, and percent, and to draw and interpret bar graphs.
Reasoning Ability – Ability to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form. Ability to deal with problems involving several concrete variables in standardized situations.
Computer Skills – To perform this job successfully, an individual must have knowledge of Accounting software, preferably Great Plains. Must be highly proficient with spreadsheet programs such as Microsoft Excel.
IRET is an Equal Opportunity Employer–minorities/females/veterans/individuals with disabilities/sexual orientation/gender identity. Drug Free workplace. Employment offers are contingent upon successful completion of a background check.