EY Tax Services Senior - FSO Private Client Partnership 

United States, New York, New York 

281289101

This position can be anywhere in the country (primary: NY)

Our purpose is to help build a financial services industry in which financial institutions are trusted and flourish, and the global economy is healthy,

Your key responsibilities

As a Senior in our FSO Private Tax practice, you will be responsible for tax compliance and advisory work for clients. You would work on key partnership 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. You will be involved in Private Tax partnership tax compliance accounts for affiliated ultra-high net worth individuals within the hedge and/or private equity fund industry. This involves tax adjustments with K-1's and partnership tax returns. You will review Partnership Agreements and Private Placement Memorandums for tax implications of items such as book and tax allocations, allocation provisions, management and incentive fees.

Skills and attributes for success

• Solid tax technical knowledge - you will have to review partnership book/tax allocations including aspect such as incentive fee re-allocation, side pocket, transfer partnership interest, fill up/down etc.
• Ability to analyze 1099’s and schedule k-1’s to appropriately pass on relevant information
• Building impactful relationships with new and existing clients as well as building and maintains relationships with leadership; create a positive and trusting environment
• Ability to identify key tax technical issues and raise the appropriate questions and consult when necessary
• Expertise to work on investment partnerships or operating entities
• Ability to reconcile cash and build tax basis financial statements is a plus

To qualify for the role you must have

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

Ideally, you'll also have

• Excellent organizational, and verbal/written communication skills
• Demonstrated tax experience

What we look for

• 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.