Manager - Real Estate/Construction
Sensiba LLP
Date: 12 hours ago
City: San Ramon, CA
Salary:
$86,232
-
$176,792
per year
Contract type: Full time

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 Tax Manager – Real Estate/Construction is responsible for leading tax compliance, planning, and consulting engagements for clients in the real estate sector. This role requires deep technical expertise in real estate taxation, including acquisitions, dispositions, entity structuring, depreciation strategies, 1031 exchanges, cost segregation, and partnership taxation. The Tax Manager will advise clients on complex tax matters, ensure compliance with federal, state, and local tax regulations, and provide strategic guidance to optimize tax positions. In addition to client service, the Tax Manager will mentor staff, strengthen internal processes, and contribute to firm-wide initiatives.
Job Responsibilities
This role offers a competitive base salary along with a comprehensive benefits package. Salary ranges for U.S.-based positions are determined by geographic location and fall into one of three pay zones, which reflect the cost of labor in that area. The anticipated salary ranges for this position are outlined below and are subject to change:
Benefits
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:
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.
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 Tax Manager – Real Estate/Construction is responsible for leading tax compliance, planning, and consulting engagements for clients in the real estate sector. This role requires deep technical expertise in real estate taxation, including acquisitions, dispositions, entity structuring, depreciation strategies, 1031 exchanges, cost segregation, and partnership taxation. The Tax Manager will advise clients on complex tax matters, ensure compliance with federal, state, and local tax regulations, and provide strategic guidance to optimize tax positions. In addition to client service, the Tax Manager will mentor staff, strengthen internal processes, and contribute to firm-wide initiatives.
Job Responsibilities
- Develop and implement comprehensive tax strategies for real estate transactions, including acquisitions, dispositions, entity structuring, and 1031 exchanges.
- Apply and advise on depreciation strategies (MACRS, bonus depreciation, Section 179,) and conduct or review cost segregation studies to maximize deductions.
- Prepare and review accounting method change filings (Form 3115) related to depreciation, cost segregation, and accrual-to-cash transitions.
- Analyze and advise on passive activity loss rules, material participation tests, and real estate professional status determinations.
- Evaluate capitalization vs. expense treatment of development and operating costs under IRC
- 263A, ensuring accurate classification of deductible and capitalizable expenses.
- Review and manage preparation of complex tax returns for partnerships, corporations, individuals, and trusts, ensuring accuracy, compliance, and efficiency.
- Oversee partnership tax compliance, including special allocations, capital accounts, basis tracking, Section 754 elections, and K-2/K-3 reporting.
- Advise on tax treatment of leasehold improvements, tenant allowances, and business interest expense limitations under Section 163(j).
- Identify and apply federal and state tax credits and incentives, including energy-related deductions such as Section 179D.Conduct tax research to support client positions and ensure compliance with current regulations.
- Lead and manage client engagements by implementing high-quality standards, identifying inefficiencies, and enhancing service delivery.
- Mentor junior staff through training, performance feedback, and career development initiatives.
- Build strong client relationships and collaborate with firm leadership on strategic projects and initiatives.
- Bachelor's degree in accounting or related field is required
- Minimum of 5-8+ years of experience in public accounting preparing and reviewing tax returns
- Master's degree in accounting, tax, or related field is preferred
- CPA or EA license required
- Proficiency in tax preparation software and financial analysis tools
- Proficiency in Microsoft Office, Adobe, and accounting software (CCH products; ProSystems and FX Engagement)
- In-depth expertise in real estate taxation, including passive activity rules, real estate professional status, and developer/investor-specific tax rules.
- Strong knowledge of depreciation methods (MACRS, bonus depreciation, Section 179, QIP) and cost segregation applications.
- Familiarity with accounting method changes (Form 3115), capitalization vs. expense rules (IRC
- 263A), and leasehold improvement treatment.
- Proficiency in partnership taxation, including complex allocations, capital accounts, basis tracking, debt-financed distributions, Section 754 elections, and K-2/K-3 reporting.
- Knowledge of business interest expense limitations under Section 163(j) and energy-related incentives such as Section 179D.
- Ability to analyze complex tax issues and develop creative, compliant solutions.
- Strong research skills to interpret evolving tax laws and apply them to client-specific situations.
- Ability to mentor, train, and support the professional growth of junior staff.
- Skilled at building and maintaining strong client relationships, fostering trust and identifying opportunities for growth.
- Collaborative mindset with experience partnering with senior leaders on strategic tax initiatives.
- Excellent verbal and written communication skills to explain complex tax matters clearly to clients and staff.
- Strong organizational skills with the ability to manage multiple engagements, deadlines, and deliverables simultaneously.
This role offers a competitive base salary along with a comprehensive benefits package. Salary ranges for U.S.-based positions are determined by geographic location and fall into one of three pay zones, which reflect the cost of labor in that area. The anticipated salary ranges for this position are outlined below and are subject to change:
- $86,232 - $176,792
Benefits
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.
- P erformance- 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.
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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