EY Business Tax Services - Passthrough Transactions 

United States, New York, New York 

235321821

Our Partnership Transactions Group (PTG) is made up of professionals with tax technical skills and substantial industry and capital markets experience. We combine seasoned tax partnership and financial instrument knowledge, and an understanding of federal income tax controversy, with economics, finance and modeling skills. Our cross-disciplinary background and approach can help you evaluate risks and benefits from both an economic and tax perspective.

Your key responsibilities

Your typical day will involve working directly with Partners/Principals in PTG and other national subject matter professionals, and teaming with and mentoring Staff, Seniors, and Managers in PTG, to advise internal and external clients. You will design and execute complex, large-scale partnership and real estate transactions with large clients of the firm, manage due diligence for acquisitions of partnership and REIT targets, and analyze and memorialize significant tax considerations and issues in memoranda and opinions. Representative transactions include corporate and cross-border joint ventures, IPOs (including REITs, SPAC and Up-C transactions), private-equity acquisitions and dispositions (including continuation fund transactions), and internal restructurings in a variety of industries (including pharma and biotech, sports and entertainment, asset management and private equity, hedge fund, renewable energy, real estate, oil & gas, and public-private infrastructure).

Skills and attributes for success

• Identifying, researching and analyzing complex partnership and real estate tax issues.
• Managing all stages of a transaction, including due diligence, structuring and evaluating alternative structures and helping the modeling team quantify potential target exposures, the tax consequences of the proposed structure, and future cash flow, IRR, and allocation implications.
• Preparing structure reports and drafting substantive emails, memoranda, and opinions.
• Provide high-quality, time-sensitive, and responsive service that meets and/or exceeds our clients' expectations.
• Managing, coaching and developing a team of tax professionals, reviewing work and helping to confirm that they have the knowledge, tools and opportunities they need to excel.

To qualify for the role you must have

• Achieved at least a bachelor's degree, typically with a concentration in Accounting, Finance, Economics, Operations Research, Financial Engineering or Statistics
• Minimum of 6 years of work experience in professional services or professional tax organization
• A CPA certification or membership in The Bar
• Strong analytical and technical writing skills
• Broad exposure to federal income taxation, with an emphasis on partnership taxation
• Flexible and willing to travel as well as work in excess of standard hours when necessary
• Proficient with MS Office, including MS Excel, MS Word and MS PowerPoint.

Ideally, you'll also have

• Willing and able to learn and work independently with minimal supervision
• Demonstrated analytical and problem-solving skills
• Effective organization and time management skills with the ability to work under pressure and adhere to project deadlines

• 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.