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 dynamic London-based firm.
- Benefits: Competitive salary, professional development, and opportunities to coach junior staff.
- Other info: Collaborative environment with opportunities for cross-border teamwork and career advancement.
- Why this job: Make a real impact in the asset management industry while growing your expertise.
- Qualifications: US CPA or Enrolled Agent license, with extensive hedge fund tax 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 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 extensive training opportunities and encourage knowledge sharing among our diverse team of tax professionals, ensuring that you can thrive in your role while making a meaningful impact on our EMEIA asset management clients.
StudySmarter Expert Advice🤫
We think this is how you could land US Tax Senior, Hedge Fund
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, and don’t be shy about reaching out to professionals on LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can help you land that dream job.
✨Ace the Interview
Prepare for your interviews by researching the company and practising common interview questions. We recommend doing mock interviews with friends or using online resources to boost your confidence. Remember, showing enthusiasm and a positive attitude can really set you apart!
✨Showcase Your Skills
Don’t just talk about your experience; show it! Bring along examples of your work or case studies that highlight your expertise in US tax compliance and hedge funds. We want to see how you can add value to our team, so make sure to demonstrate your skills effectively.
✨Apply Through Our Website
When you find a role that excites you, 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 are proactive and take the initiative to connect with us directly.
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 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 coached junior staff or collaborated with cross-border teams. This will show us that you can thrive in our dynamic environment.
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 get the ball rolling on your application process.
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 compliance issues and how they impact asset management clients. This shows you’re not just familiar with the basics but can dive deep into the specifics.
✨Show Off Your Team Spirit
Since this role involves coaching junior staff and working in a team, highlight your experience in mentoring or leading teams. Share examples of how you've collaborated with others to achieve goals, and demonstrate your positive attitude towards teamwork.
✨Master the Technical Skills
Familiarise yourself with securities analysis for non-475 funds and partnership allocations. Be prepared to discuss your experience with Go Systems tax preparation software or similar tools. This will show that you have the practical skills needed for the job.
✨Prepare for Real-World Scenarios
Think of some real-world examples where you’ve had to explain complex US tax concepts to non-tax stakeholders. Being able to communicate these ideas clearly will set you apart, as it demonstrates your ability to bridge the gap between technical knowledge and practical application.
