US Seasonal Tax-Financial Services Organization-Wealth & Asset Management Manager

Ernst and Young; Harrisburg (Dauphin County); Remote; USD 60,000 - 80,000; Full time

Job summary

An established industry player is seeking a dedicated tax professional to join their dynamic team. This role involves managing tax compliance and advisory services tailored to the asset management industry, focusing on hedge funds and private equity. You will leverage your extensive knowledge in taxation to provide strategic insights and foster strong client relationships. The ideal candidate will have a solid background in tax compliance, excellent leadership skills, and a passion for driving impactful solutions. Join a diverse and inclusive culture that empowers you to make a meaningful impact while building a fulfilling career.

Benefits

Continuous learning opportunities

Transformative leadership coaching

Diverse and inclusive culture

Qualifications

• 8+ years of experience in tax compliance and advisory for financial services.
• CPA license or licensed Attorney is required.

Responsibilities

• Manage tax compliance and advisory work for clients in financial services.
• Oversee tax compliance for Hedge Funds and Private Equity Funds.

Skills

Tax Compliance

Advisory Work

Client Relationship Management

Technical Knowledge in Taxation

Analytical Skills

Leadership Skills

Education

Bachelor's degree in Accounting, Finance or Economics

Advanced degree in tax or law

Job description

At EY, you’ll have the chance to build a career as unique as you are, with the global scale, support, inclusive culture and technology to become the best version of you. And we’re counting on your unique voice and perspective to help EY become even better. Join us and build an exceptional experience for yourself, and a better working world for all.

The exceptional EY experience. It's yours to build.

EY focuses on high-ethical standards and integrity among its employees and expects all candidates to demonstrate these qualities.

Location: Chicago or Remote

EY is the only professional services firm with a separate business unit ('FSO') that is dedicated to the financial services marketplace. Our FSO teams have been at the forefront of every event that has reshaped and redefined the financial services industry. If you have a passion for rallying together to solve the most complex challenges in the financial services industry, come join our dynamic FSO team!

The opportunity

EY's tax practice provides comprehensive and specialized tax assistance tailored to the unique needs of the asset management industry. You would join our tax professionals who are knowledgeable and experienced with varied and specialized facets of hedge fund, private equity fund and mutual fund taxation, including fund and organizational structuring, tax minimization planning, on-call advice, and tax compliance.

Your key responsibilities

1. Manage and coordinate tax compliance and advisory work for clients.
2. Work on key client issues in domestic federal, international and state and local taxation with a focus on implementing tax strategies that align with the client's business objectives.
3. Oversee Asset Management tax compliance accounts for Hedge Funds and or Private Equity Funds, including reviewing extensive securities analysis, making appropriate tax adjustments, and providing final sign off for the production and delivery of K-1's and partnership tax returns.
4. Review Partnership Agreements and Private Placement Memorandums for tax implications of items such as book and tax allocations, stuffing provisions, management and incentive fees.

Skills and attributes for success

1. Solid technical knowledge - review partnership book/tax allocations including aspects such as incentive fee re-allocation, side pocket, transfer partnership interest, fill up/down etc.
2. Experience in economics of the engagement. Able to organize teams schedule, budget and fees for various clients assigned.
3. Involvement in teaching or assisting in firm in-house trainings to staff and above; acting as a counselor to our managers and seniors; running teams and accounts that are also outside local office and spread across various locations.
4. Ability to analyze trading reports for tax character and book tax differences, such as wash sales, constructive sales, straddles, and other securities issues.
5. Building impactful relationships with new and existing clients as well as building and maintaining relationships with leadership; create a positive and trusting environment.
6. Ability to identify key tax technical issues and raise the appropriate questions and consult when necessary.

To qualify for the role you must have

1. A Bachelor's degree in Accounting, Finance or Economics and a minimum of 8 years of related work experience; or an advanced degree in tax or law and a minimum of 7 years of related work experience.
2. CPA license or a licensed Attorney is required.
3. A minimum of 5 years of relevant tax experience or equivalent experience in business or the financial services industry.
4. Familiarity with the financial services industry gained through direct involvement with managed investment vehicles.
5. Broad exposure to federal income taxation and some exposure to state and local tax.

Ideally, you'll also have

1. Excellent managerial, leadership, organizational, and verbal/written communication skills.
2. Demonstrated business development skills.

What we look for

Hard working team player who is comfortable partnering with others as well as working independently. Detail-oriented performer who can multi-task and meet deadlines. Open mindedness and creative solutions to the job every day.

What we offer

The salary range for this job in all geographic locations in the US is $90/hr to $120/hr. Individual salaries within those ranges are determined through a wide variety of factors including but not limited to education, experience, knowledge, skills and geography.

Continuous learning: You’ll develop the mindset and skills to navigate whatever comes next.

Success as defined by you: We’ll provide the tools and flexibility, so you can make a meaningful impact, your way.

Transformative leadership: We’ll give you the insights, coaching and confidence to be the leader the world needs.

Diverse and inclusive culture: You’ll be embraced for who you are and empowered to use your voice to help others find theirs.

EY accepts applications for this position on an on-going basis. If you can demonstrate that you meet the criteria above, please contact us as soon as possible.

The exceptional EY experience. It’s yours to build.

EY | Building a better working world

EY exists to build a better working world, helping to create long-term value for clients, people and society and build trust in the capital markets.

Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate.

Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today.

For those living in California, please click here for additional information.

EY is an equal opportunity, affirmative action employer providing equal employment opportunities to applicants and employees without regard to race, color, religion, age, sex, sexual orientation, gender identity/expression, pregnancy, genetic information, national origin, protected veteran status, disability status, or any other legally protected basis, including arrest and conviction records, in accordance with applicable law.

EY is committed to providing reasonable accommodation to individuals with disabilities. If you are a qualified individual with a disability and either need assistance applying online or need to request an accommodation during the interview process, please call 1-800-EY-HELP3, type Option 2 (HR-related inquiries) and then type Option 1 (HR Shared Services Center), which will route you to EY’s Talent Shared Services Team or email SSC Customer Support at [e-mail].