At a Glance
- Tasks: Oversee hedge fund US tax compliance and provide expert advice on tax legislation.
- Company: Join a global team of 50+ tax professionals in a leading asset management firm.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Other info: Opportunity to manage cross-border teams and enhance your career in financial services.
- Why this job: Make a real impact in the hedge fund industry while mentoring junior staff.
- Qualifications: US CPA or Enrolled Agent license, with extensive tax return preparation experience.
The predicted salary is between 60000 - 80000 £ per year.
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 include:
- 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 as part of contributing to tax consulting projects.
- Coaching junior staff members (both onshore and offshore) and sharing your knowledge and experience with the team.
- Coordinating 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.
To qualify for the role, you must have:
- 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‑1/3.
- Practical experience with hedge fund securities analysis and allocations.
- 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 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 in London employer: EY UK
As a leading employer in the financial services sector, our London-based Global Compliance Reporting team offers a vibrant work culture that fosters collaboration and professional growth. With a commitment to excellence, we provide our employees with extensive training opportunities, mentorship from seasoned professionals, and the chance to work on complex tax issues for prestigious clients in the EMEIA asset management industry. Join us to be part of a diverse team where your contributions are valued and your career can flourish in a dynamic environment.
StudySmarter Expert Advice🤫
We think this is how you could land US Tax Senior, Hedge Fund in London
✨Network Like a Pro
Get out there and connect with people in the hedge fund and tax sectors. Attend industry events, join relevant online forums, and don’t be shy about reaching out on LinkedIn. We all know that sometimes it’s not just what you know, but who you know!
✨Show Off Your Skills
When you get the chance to chat with potential employers, make sure to highlight your experience with US tax compliance and hedge fund structures. We want to see how you can bring value to the team, so share specific examples of your past work and successes.
✨Prepare for the Interview
Do your homework on the company and the role. Understand their clients and the challenges they face in the EMEIA asset management space. We recommend preparing some thoughtful questions to show you’re genuinely interested and ready to contribute.
✨Apply Through Our Website
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who take the initiative to engage directly with us.
We think you need these skills to ace US Tax Senior, Hedge Fund in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the specific skills and experiences mentioned in the job description. Highlight your expertise in hedge fund taxation and any relevant qualifications, like your CPA or Enrolled Agent status.
Craft a Compelling Cover Letter:Use your cover letter to tell us why you're the perfect fit for the role. Share specific examples of your experience with US tax compliance and how you've successfully managed projects or teams in the past.
Showcase Your Team Spirit:We love team players! Mention any experiences where you’ve collaborated with others, coached junior staff, or worked in cross-border teams. This will show us that you’re not just about individual success but also about lifting the whole team.
Apply Through Our Website:Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it’s super easy!
How to prepare for a job interview at EY UK
✨Know Your Tax Stuff
Make sure you brush up on US tax legislation, especially as it pertains to hedge funds. Be ready to discuss specific tax strategies and compliance issues that are relevant to the role. This will show your expertise and help you stand out.
✨Show Off Your Team Spirit
Since the role involves coaching junior staff and working in a team, be prepared to share examples of how you've successfully collaborated with others. Highlight any experience managing cross-border teams or mentoring colleagues to demonstrate your leadership skills.
✨Master the Technical Details
Familiarise yourself with securities analysis for non-475 funds and partnership allocations. Be ready to explain complex concepts in simple terms, as you'll need to liaise with non-tax stakeholders. This will showcase your ability to communicate effectively.
✨Time Management is Key
Given the dynamic environment of the role, be prepared to discuss how you manage multiple projects and deadlines. Share specific examples of how you've successfully coordinated schedules and ensured timely delivery of tax compliance engagements.
