Tax & Law - Global Compliance & Reporting - US Tax Manager - Private Equity Funds (146780)
Job Details
Full Job Description
EY’s Financial Services (FS) Tax practice provides tax
advisory, transactions and compliance services to a variety of clients
in the Financial Services market ranging from some of the world's
largest multinational institutions, corporations and funds.
The US tax compliance team, which sits within the EMEIA Wealth &
Asset Management practice, continues to experience growth due to
strong client demand from European asset managers with US investors
and/or US activity.
The opportunity
Our London based team of US-qualified tax professionals is a growing
practice of 50+ individuals focused on providing exceptional client
service to the asset management industry including hedge funds, debt
funds, private equity funds and real estate funds and their management
companies.
The team is highly dynamic and is looking for
motivated, energetic and collaborative individuals to join the US team
in London. The team is looking for managers and senior managers,
specifically with private equity fund experience, to help grow the
team this year.
Your key responsibilities
The role will primarily involve overseeing private equity fund
US tax compliance engagements for clients with appropriate
consideration of risk, operational, and tax technical issues.
Researching US tax legislation and explaining the impact to asset
management clients will be required as part of contributing to tax
consulting projects. You will be working in a dynamic environment and
you will be expected to coach junior staff members (both onshore and
offshore) and share your knowledge and experience with the entire
team. You will also be expected to coordinate multiple engagement
teams’ schedules and deadlines.
Skills and attributes
for success
- Positive attitude and willingness to be a team player.
- Excellent time and project management skills.
- Proficiency in partnership allocations and an understanding of private equity carry waterfalls.
- A practical understanding of international tax concepts such as PFICs, CFCs, and foreign information reporting (Form 926, Form 8865, Form 8621, Form 5471, etc.)
- Experience advising clients on the US tax impact of investment and fund structures, as well as US tax elections.
- Proficiency in juggling multiple priorities while managing internal and external stakeholders.
- Willingness and ability to learn new concepts with minimal guidance.
- Enthusiasm for coaching and developing team members
To qualify for the role, you must have
- Current CPA, EA or equivalent qualification or Degree / Master’s degree in accounting or taxation (or equivalent).
- Extensive experience in preparing and reviewing partnership tax returns and Schedules K-1.
- Extensive experience with computing taxable income and partnership allocations for private equity funds.
- Knowledge of international tax returns and related US tax laws.
- In-depth knowledge of Go Systems tax preparation software or similar system.
Ideally, you’ll also have
- Ability to manage large scale fund compliance projects involving 5,000+ hours, multiple funds/deliverables, and cross-border teams of 10+ individuals.
- Ability to liaise directly with non-tax stakeholders at your clients to explain US tax concepts at a practical level.
- Background in financial services, ideally working with private equity funds in a US tax capacity.
- Experience in delivering technical and soft skills training to junior team members.
What we look for
We’re interested to hear from highly motivated
individuals who are open to expanding their network and pursuing a
medium to long-term career in US tax in London. We are looking for
someone who will fit in well with our energetic and high-performing
team, who has background in private equity funds and who has excellent
client relationship skills.
What working at EY offers
We offer a competitive remuneration package where you’ll be rewarded
for your individual and team performance. Our comprehensive Total
Rewards package includes support for flexible working and career
development, and with FlexEY you can select benefits that suit your
needs, covering holidays, health and well-being, insurance, savings
and a wide range of discounts, offers and promotions. Plus, we offer:
- Support, coaching and feedback from some of the most engaging colleagues around
- Opportunities to develop new skills and progress your career
- The freedom and flexibility to handle your role in a way that’s right for you
EY is committed to being an
inclusive employer and we are happy to consider flexible working
arrangements. We strive to achieve the right balance for our people,
enabling us to deliver excellent client service whilst allowing you to
build your career without sacrificing your personal priorities. While
our client-facing professionals can be required to travel regularly,
and at times be based at client sites, our flexible working
arrangements can help you to achieve a lifestyle balance.
About EY
As a
global leader in assurance, tax, transaction and advisory services,
we’re using the finance products, expertise and systems we’ve
developed to build a better working world. That starts with a culture
that believes in giving you the training, opportunities and creative
freedom to make things better. Whenever you join, however long you
stay, the exceptional EY experience lasts a lifetime.
If you can confidently demonstrate that
you meet the criteria above, please contact us as soon as
possible.
Join us in building a better working world.
Apply now.
Tax & Law - Global Compliance & Reporting - US Tax Manager - Private Equity Funds (146780)
EY
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