At a Glance
- Tasks: Oversee US tax compliance for private equity funds and coach junior staff.
- Company: Join EY, a leader in global financial services with a diverse team.
- Benefits: Competitive salary, professional development, and a supportive work environment.
- Other info: Dynamic team culture with opportunities for cross-border collaboration.
- Why this job: Make an impact in the financial services industry while growing your career.
- Qualifications: US CPA or Enrolled Agent license, experience in partnership tax returns.
The predicted salary is between 60000 - 80000 € per year.
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!
Global Compliance Reporting ("GCR") US is a London based team dedicated to delivering the highest quality US tax services to market-leading EMEIA based Wealth Asset Management clients. We provide comprehensive and specialized tax assistance tailored to the unique needs of the EMEIA asset management industry. You would join our growing team of 50+ tax professionals from all around the world who are knowledgeable and experienced with varied and specialized facets of hedge fund, private equity fund, real estate fund, credit fund taxation, including fund and organizational structuring, tax minimization planning, on-call advice, and tax compliance.
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 catering to business needs and be expected to coach junior staff members (both onshore and offshore), and share your knowledge and experience with the team.
- You will also be expected to coordinate multiple engagement teams’ schedules and deadlines.
Skills and attributes for success
- Understanding of and experience with reviewing partnership allocations, carry waterfall, equalization, etc.
- Experience advising clients on the US tax impact of various fund structures, as well as US tax elections.
- Positive attitude and willingness to be a team player.
- Excellent time and project management skills.
- Enthusiasm for coaching and developing team members.
To qualify for the role, you must have:
- US CPA license, Enrolled Agent license, or in the process of pursuing such qualification.
- Knowledge of partnership and U.S. international tax concepts and related tax laws.
- Experience with analysing US federal tax issues applicable to partnerships, and other flow-through entities applicable to asset management clients.
- Extensive experience in preparing and reviewing partnership tax returns and Schedules K-1/3.
- In-depth knowledge of Go Systems tax preparation software or similar system.
Ideally, you’ll also have:
- Experience managing cross-border teams of 2-6 people.
- Ability to liaise directly with non-tax stakeholders at your clients to explain US tax concepts at a practical level.
- Knowledge of outbound US taxation issues and concepts, e.g. PFIC, CFC, CFP.
- Knowledge of common management company structures and their US tax considerations.
- Asset management industry experience and product knowledge.
- Experience in delivering technical and soft skills training to junior team members.
US Tax Senior, Private Equity employer: Ernst & Young Advisory Services Sdn Bhd
At EY, we pride ourselves on fostering a collaborative and inclusive work culture that empowers our employees to thrive. As a US Tax Senior in our London-based Financial Services Organization, you will benefit from unparalleled opportunities for professional growth, mentorship from industry leaders, and the chance to work on complex challenges alongside a diverse team of experts. Join us to not only advance your career but also contribute to building a better working world.
Contact Detail:
Ernst & Young Advisory Services Sdn Bhd Recruiting Team
StudySmarter Expert Advice🤫
We think this is how you could land US Tax Senior, Private Equity
✨Tip Number 1
Network like a pro! Get out there and connect with folks in the industry. Attend events, join online forums, or even hit up LinkedIn to find people working at EY or in similar roles. A friendly chat can open doors you didn’t even know existed!
✨Tip Number 2
Show off your skills! Prepare a portfolio or a presentation that highlights your experience with US tax compliance and private equity. When you get the chance to meet potential employers, having something tangible to share can really set you apart from the crowd.
✨Tip Number 3
Practice makes perfect! Before any interviews, do some mock sessions with friends or mentors. Focus on explaining complex tax concepts in simple terms, just like you would to a client. This will help you feel more confident and ready to impress.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining the EY team. So, what are you waiting for? Get that application in!
We think you need these skills to ace US Tax Senior, Private Equity
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the US Tax Senior role. Highlight your experience with private equity fund taxation and any relevant qualifications like your CPA or Enrolled Agent license. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your background makes you a great fit for our dynamic FSO team. Don’t forget to mention your enthusiasm for coaching and developing others!
Showcase Your Team Spirit:At EY, we value collaboration. In your application, share examples of how you've worked effectively in teams, especially in managing cross-border teams or mentoring junior staff. We love seeing candidates who are team players!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, you’ll find all the details you need about the role and our company culture there!
How to prepare for a job interview at Ernst & Young Advisory Services Sdn Bhd
✨Know Your Tax Stuff
Make sure you brush up on US tax legislation, especially as it relates to private equity funds. Be ready to discuss specific tax concepts like partnership allocations and carry waterfalls, as these will likely come up during your interview.
✨Show Off Your Team Spirit
EY values collaboration, so be prepared to share examples of how you've worked effectively in teams. Highlight any experience you have in coaching or mentoring junior staff, as this will demonstrate your ability to contribute to the team dynamic.
✨Master Time Management
Since the role involves coordinating multiple engagement teams, showcase your project management skills. Bring examples of how you've successfully managed deadlines and prioritised tasks in previous roles to illustrate your organisational abilities.
✨Communicate Clearly
You’ll need to explain complex tax concepts to non-tax stakeholders, so practice simplifying your explanations. Think of ways to convey technical information in a straightforward manner, as this will be crucial for your success in the role.
