At a Glance
- Tasks: Oversee US tax compliance for hedge funds and coach junior staff.
- Company: Dynamic firm focused on asset management and tax consulting.
- Benefits: Competitive salary, professional development, and a collaborative work environment.
- Other info: Opportunity to manage cross-border teams and enhance your leadership skills.
- Why this job: Make an impact in the hedge fund industry while growing your expertise.
- Qualifications: US CPA or Enrolled Agent in progress, with hedge fund tax knowledge.
The predicted salary is between 60000 - 80000 € per year.
The role will primarily involve overseeing hedge 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
- Positive attitude and willingness to be a team player.
- Excellent time and project management skills.
- Proficiency in securities analysis for non-475 funds, including wash sales, straddles, debt, swaps, and other analysis required to compute a hedge fund's US taxable income.
- Practical understanding of hedge fund partnership allocations including revaluation accounts/aggregation.
- Extensive working knowledge covering 475 funds, including preparation and review of tax capital allocations.
- Experience advising clients on the US tax impact of various trading strategies and fund structures, as well as US tax elections.
Required Qualifications
- US CPA license, Enrolled Agent license, or in the process of pursuing such qualification.
- Knowledge of corporate and international tax returns and related US tax laws.
- Extensive experience in preparing and reviewing partnership tax returns and Schedules K-1 and K-3.
- Practical experience with hedge fund securities analysis and allocations.
- In-depth knowledge of Go Systems tax preparation software or a similar system.
Preferred Qualifications
- Experience managing cross-border teams of 2-6 people.
- Ability to liaise directly with non-tax stakeholders at clients to explain US tax concepts at a practical level.
- Knowledge of a hedge fund US tax preparation software.
- Knowledge of common management company structures and their US tax considerations.
- Background in financial services, ideally working with hedge funds in a US tax capacity.
- Experience in delivering technical and soft skills training to junior team members.
US Tax Senior, Hedge Fund employer: Ernst & Young
As a US Tax Senior in our dynamic hedge fund team, you will thrive in an environment that values collaboration and continuous learning. We offer comprehensive training and mentorship opportunities, ensuring your professional growth while working alongside industry experts. Our commitment to a positive work culture and flexible schedules makes us an excellent employer for those seeking meaningful and rewarding careers in tax compliance.
StudySmarter Expert Advice🤫
We think this is how you could land US Tax Senior, Hedge Fund
✨Tip Number 1
Network like a pro! Reach out to your connections in the hedge fund and tax compliance space. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of US tax legislation and hedge fund structures. Be ready to discuss how you can contribute to tax consulting projects and share examples of your experience with partnership allocations and securities analysis.
✨Tip Number 3
Show off your coaching skills! If you’ve mentored junior staff before, make sure to highlight this in conversations. Employers love candidates who can lead and develop others, especially in a dynamic environment like hedge funds.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities that might just be perfect for you. Plus, it’s a great way to ensure your application gets seen by the right people.
We think you need these skills to ace US Tax Senior, Hedge Fund
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experience mentioned in the job description. Highlight your US tax compliance experience, especially with hedge funds, and don’t forget to showcase your project management skills!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for the role. Mention your positive attitude and team player mentality, and how you can contribute to coaching junior staff.
Showcase Relevant Experience:When detailing your experience, focus on your knowledge of securities analysis and partnership allocations. Be specific about your familiarity with tax preparation software like Go Systems, as this will set you apart from other candidates.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets the attention it deserves. Plus, it shows you’re serious about joining our dynamic team!
How to prepare for a job interview at Ernst & Young
✨Know Your Tax Stuff
Make sure you brush up on US tax legislation, especially as it relates to hedge funds. Be ready to discuss specific tax compliance issues and how they impact asset management clients. This shows you’re not just familiar with the theory but can apply it practically.
✨Show Off Your Team Spirit
Since the role involves coaching junior staff and working in a dynamic environment, highlight your teamwork skills. Share examples of how you've successfully collaborated with others or mentored team members in the past. A positive attitude goes a long way!
✨Master Time Management
With multiple engagement teams and deadlines to juggle, demonstrate your project management skills. Prepare to discuss how you prioritise tasks and manage your time effectively. Maybe even share a specific instance where you successfully met tight deadlines.
✨Get Familiar with the Tools
If you have experience with Go Systems tax preparation software or similar tools, make sure to mention it. If not, do a bit of research beforehand. Being able to talk about your proficiency with relevant software will show you’re ready to hit the ground running.
