Financial Services - Wealth and Asset Management - Tax Manager

Location:

Atlanta, Boca Raton, Boston, Charlottte, Chicago, Dallas, Hoboken, Houston, Irvine, Los Angeles, McLean, Miami, Milwaukee, Minneapolis, New York, Philadelphia, Raleigh, San Francisco, San Jose, Seattle, Secaucus, Tampa

At EY, we're all in to shape your future with confidence.

We'll help you succeed in a globally connected powerhouse of diverse teams and take your career wherever you want it to go.  Join EY and help to build a better working world.

** The opportunity*
* EY is a leader in serving the global financial services marketplace and the only professional services firm with a separate business unit dedicated to the financial services industry - the Financial Services Organization (FSO). Our focused model and bold ambition have put us at the center of the events that continue to reshape and redefine our industry, working side by side with a range of clients from our most venerable institutions to dynamic new entrants across Banking and Capital Markets, Wealth and Asset Management, Insurance, and Real Estate, Hospitality and Construction.

Our purpose is to help build a financial services industry in which financial institutions are trusted and flourish, and the global economy is healthy, growing, and secure. If you have a passion for rallying together to solve complex challenges, then come join our dynamic FSO team!

EY's FSO 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*
* As a manager in our Wealth & Asset Management practice, you will lead tax compliance and advisory engagements for hedge fund, private equity, and mutual fund clients. You will address complex federal, international, state and local tax issues, implement tax strategies aligned with client objectives, and manage tax compliance accounts. Responsibilities include reviewing securities analyses, making tax adjustments, overseeing the production of K‑1s and partnership returns, and evaluating partnership agreements and private placement memorandums for tax implications.

** Skills and attributes for success*
* + Solid 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

+ The ability to teach or assist in firm in-house trainings

+ Ability to analyze trading reports for tax character and book tax differences, such as wash sales, constructive sales, straddles, and other securities issues.

+ Build impactful relationships with new and existing clients and maintain relationship with firm leadership

+ Create a positive and trusting environment where team members know each other and feel a part of their team

+ Able to identify key tax technical issues and raise the appropriate questions before the work is sent for review to the partner or senior manager - and consult when necessary

** To qualify for the role you must have*
* + A Bachelor's degree and a minimum of 5 years of related work experience; or an advanced degree in tax or law and a minimum of 4 years of related work experience

+ CPA license or a licensed Attorney is required

+ Familiarity with the financial services industry gained through direct involvement with managed investment vehicles

+ Broad exposure to federal income taxation and exposure to state and local tax

** Ideally, you'll also have*
* + Excellent managerial, leadership, organizational, and verbal/written communication skills

+ Demonstrated skills in mentoring and training others

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

** What we offer you*
* At EY, we'll develop you with future-focused skills…