At a Glance
- Tasks: Join EY Tax to help global companies align their tax strategies with business goals.
- Company: Ernst & Young is a leading financial services firm known for its expertise and trusted client relationships.
- Benefits: Enjoy opportunities for professional growth, training, and working on high-profile projects.
- Why this job: Be part of a dynamic team tackling complex tax challenges in a rapidly changing global landscape.
- Qualifications: Experience in tax practice and relevant qualifications like ATT, ACA, CA, or CTA preferred.
- Other info: Work across various sectors including Banking, Insurance, and Wealth Management.
The predicted salary is between 43200 - 72000 £ per year.
Join EY Tax as a tax professional and you'll be helping international and multinational companies align their global tax position with their business strategy, to maintain competitive advantage and provide shareholder value. EY's Financial Services (FS) Tax practice is the largest such practice in the UK with a fine reputation for sector expertise and close, trusted adviser relationships across a broad range of FS clients including globally systemic financial institutions and niche new market entrants and disruptors.
EY's FS practice is run on an EMEIA basis providing market differentiated capability for seamless client service on the Europe-wide tax advisory projects which the market is demanding. The UK FS International and Transaction Tax Services (ITTS) team comprises 75 professionals, mainly in London but also in Edinburgh and Leeds and combines international tax services (encompassing all technical corporate tax advisory services) with transaction tax services (M&A / deals tax). This team structure, introduced on a global EY basis in 2019, provides a cross-fertilisation of tax advisory services and provides rich career prospects for those with an aptitude for providing tax advice to the FS market.
The ITTS team advises a wide range of clients across the Banking, Insurance and Wealth & Asset Management sectors, including having advised on many high-profile transactions and deals reported in the press over the past few years with top FS multinationals. Our partners are well known and respected in the market and the work is technically challenging, creative and requires you to work closely with our clients' businesses.
The opportunity
This is a period of unprecedented change in the global international tax arena, which is resulting in huge demand in the market for specialised tax advisory services. We have ambitious growth plans in our FS ITTS team. If you're a senior advisor with an interest in Banking, Insurance and/or Wealth & Asset Management and want to further develop or build on your industry knowledge, you can be certain that as a Tax Senior within our team you'll be joining a group which offers you unrivalled opportunities to work on a broad range of advisory opportunities from smaller inbound clients to huge multinationals.
EY's global merger of its International Tax and Transaction Tax teams means that ITTS professionals can also advise on the structuring aspects of some of the largest corporate M&A deals and due to this unique structure, we can offer variety and/or specialism. Professionals in our team may work across our sub-sectors; Banking, Insurance, Wealth & Asset Management; or may specialise in any one of these.
Your key responsibilities
- Contributing to building and maintaining key client relationships by delivering exceptional client service
- Help managing the successful delivery of tax projects, ensuring technical excellence and practical/business driven approach taken
- Identifying opportunities - use your knowledge gained from other projects and from our knowledge sharing sessions and technical training to add input to projects and proposals
- Building your own strong client and internal relationships - develop and use your relationship skills to create your own external and internal networks
Skills and attributes for success
- Client driven and strategically and commercially aware
- Excellent communicator in a range of situations both written and oral
- Enthusiastic and flexible attitude to work
- Strong and motivated team player
- Coaching and developing more junior staff
To qualify for the role you must have
- Experience as a tax practitioner with reviewing skills
- Any of the following preferred: ATT / ACA / CA / CTA (or breadth of knowledge equivalent to CTA, e.g. law qualification)
- Experience of working with financial services clients (desirable)
- An undergraduate/postgraduate degree or with equivalent work experience
Ideally, you will also have
- Previous people management experience
What we look for
You'll proactively maintain your technical knowledge by keeping abreast of global developments in UK and international tax concepts and issues so that you can better advise our clients.
The types of project you'll contribute towards may include:
- Expansion into new markets
- Pre-merger reorganisations and post-merger integration
- Organisational structure rationalisation
- Business model redesign
- Optimisation of capital structure and financing
- Managing the risk arising from global law change such as BEPS
- Lobbying and negotiation with tax authorities in UK and globally
In return we'll provide investment in the right sort of training and offer you the opportunities on projects and assignments that will develop and challenge you so that you're in the best place to further develop as a tax professional. Whatever the projects and assignments you work on you can be confident that you're contributing towards helping our clients to develop and execute their international tax strategy ensuring technical excellence and providing the highest levels of client service.
Senior Advisor - Ernst & Young employer: Ernst & Young
Contact Detail:
Ernst & Young Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Advisor - Ernst & Young
✨Tip Number 1
Network with professionals in the financial services sector. Attend industry events, webinars, or local meetups to connect with individuals who work at EY or similar firms. Building these relationships can provide you with insider knowledge and potentially a referral.
✨Tip Number 2
Stay updated on current trends and changes in international tax laws, especially those affecting the financial services industry. This knowledge will not only help you in interviews but also demonstrate your commitment to the field.
✨Tip Number 3
Prepare for potential case studies or scenario-based questions during the interview process. Familiarise yourself with common challenges faced by financial services clients and think about how you would approach solving them.
✨Tip Number 4
Showcase your ability to build client relationships by preparing examples from your past experiences. Highlight instances where you successfully managed client expectations or contributed to long-term partnerships, as this is crucial for the role.
We think you need these skills to ace Senior Advisor - Ernst & Young
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in tax advisory, particularly within the financial services sector. Emphasise any specific projects or roles that align with the responsibilities outlined in the job description.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss how your background in tax practice and client relationship management makes you a perfect fit for the Senior Advisor position at Ernst & Young.
Showcase Your Technical Knowledge: Demonstrate your understanding of current global tax issues and trends in your application. Mention any relevant qualifications like ATT, ACA, CA, or CTA, and how they equip you to handle the challenges faced by clients in the financial services industry.
Highlight Soft Skills: Since the role requires excellent communication and relationship-building skills, provide examples of how you've successfully managed client relationships or led teams in previous positions. This will show your ability to thrive in a collaborative environment.
How to prepare for a job interview at Ernst & Young
✨Understand the Financial Services Landscape
Familiarise yourself with the current trends and challenges in the financial services sector, particularly in tax advisory. Being able to discuss recent developments or high-profile transactions will demonstrate your industry knowledge and interest.
✨Showcase Your Technical Expertise
Prepare to discuss your experience with tax regulations and advisory services. Highlight specific projects where you contributed to tax strategy or compliance, especially those involving M&A or international tax issues.
✨Emphasise Relationship Building Skills
EY values strong client relationships, so be ready to share examples of how you've successfully built and maintained client connections. Discuss your approach to delivering exceptional client service and how you manage expectations.
✨Demonstrate Leadership and Coaching Abilities
As a senior advisor, you'll likely be expected to mentor junior staff. Prepare to talk about your previous management experiences and how you've helped develop others in your team, showcasing your leadership style.