BPM LLP
Tax Manager - Flowthrough (Real Estate)
BPM LLP, Santa Monica, California, United States, 90403
Overview
Join to apply for the
Tax Manager - Flowthrough (Real Estate)
role at
BPM LLP . 2 days ago Be among the first 25 applicants.
BPM — where caring and community are in our company DNA. As a Tax Manager in our Flow‑Through group, you will lead real‑estate‑focused partnership and S‑corp engagements, mentor a high‑performing team, and deliver proactive tax planning to help clients invest, build, and scale with confidence. Working with BPM means using your experiences, broadening your skills, and reaching your full potential in work and life—while also making a positive difference for our clients, colleagues, and communities. Our shared entrepreneurial spirit drives us to see and do things differently. Our passion for people makes BPM a place where everyone feels welcome, valued, and part of something bigger.
Responsibilities
Lead and review federal and multi‑state compliance for flow‑through entities (Forms 1065, 1120‑S, K‑1s), emphasizing real estate partnerships, joint ventures, funds, and REIT‑adjacent structures.
Advise on complex partnership tax matters, including 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‑receipt 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.
Qualifications
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.
What we offer
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.
Hybrid work & office locations
This role is hybrid with primary office at Irvine, Santa Monica, or Long Beach. Exact in‑office cadence will be set with the hiring team to balance collaboration, client service, and flexibility.
Who is successful at BPM
Caring people who put others first.
Self‑starters who embody the BPM entrepreneurial spirit.
Authentic individuals with a diverse point of view.
Lifelong learners with a drive to excel.
Resilient people who rise to the occasion.
Salary range Salary range:
$115,000 - $160,000 a year. This range is intended for candidates in the San Francisco Bay Area who meet the minimum requirements. Candidates in other locations or with qualifications beyond the minimum are encouraged to apply; a recruiter will provide a specific range.
Referrals increase your chances of interviewing at BPM LLP by 2x.
Equal Employment Opportunity Statement BPM provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.
For positions based in San Francisco, consideration of qualified candidates with arrest and conviction records will be in a manner consistent with the San Francisco Fair Chance Ordinance.
We may use artificial intelligence (AI) tools to support parts of the hiring process, such as reviewing applications, analyzing resumes, or assessing responses. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed, please contact us.
Please note - this posting is for prospective candidates only. Unsolicited third‑party resume submissions will be considered property of BPM and will not be acknowledged or returned.
Seniority level Mid‑Senior level
Employment type Full‑time
Job function Accounting/Auditing and Finance
Industry Accounting and Financial Services
#J-18808-Ljbffr
Tax Manager - Flowthrough (Real Estate)
role at
BPM LLP . 2 days ago Be among the first 25 applicants.
BPM — where caring and community are in our company DNA. As a Tax Manager in our Flow‑Through group, you will lead real‑estate‑focused partnership and S‑corp engagements, mentor a high‑performing team, and deliver proactive tax planning to help clients invest, build, and scale with confidence. Working with BPM means using your experiences, broadening your skills, and reaching your full potential in work and life—while also making a positive difference for our clients, colleagues, and communities. Our shared entrepreneurial spirit drives us to see and do things differently. Our passion for people makes BPM a place where everyone feels welcome, valued, and part of something bigger.
Responsibilities
Lead and review federal and multi‑state compliance for flow‑through entities (Forms 1065, 1120‑S, K‑1s), emphasizing real estate partnerships, joint ventures, funds, and REIT‑adjacent structures.
Advise on complex partnership tax matters, including 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‑receipt 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.
Qualifications
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.
What we offer
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.
Hybrid work & office locations
This role is hybrid with primary office at Irvine, Santa Monica, or Long Beach. Exact in‑office cadence will be set with the hiring team to balance collaboration, client service, and flexibility.
Who is successful at BPM
Caring people who put others first.
Self‑starters who embody the BPM entrepreneurial spirit.
Authentic individuals with a diverse point of view.
Lifelong learners with a drive to excel.
Resilient people who rise to the occasion.
Salary range Salary range:
$115,000 - $160,000 a year. This range is intended for candidates in the San Francisco Bay Area who meet the minimum requirements. Candidates in other locations or with qualifications beyond the minimum are encouraged to apply; a recruiter will provide a specific range.
Referrals increase your chances of interviewing at BPM LLP by 2x.
Equal Employment Opportunity Statement BPM provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.
For positions based in San Francisco, consideration of qualified candidates with arrest and conviction records will be in a manner consistent with the San Francisco Fair Chance Ordinance.
We may use artificial intelligence (AI) tools to support parts of the hiring process, such as reviewing applications, analyzing resumes, or assessing responses. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed, please contact us.
Please note - this posting is for prospective candidates only. Unsolicited third‑party resume submissions will be considered property of BPM and will not be acknowledged or returned.
Seniority level Mid‑Senior level
Employment type Full‑time
Job function Accounting/Auditing and Finance
Industry Accounting and Financial Services
#J-18808-Ljbffr