At a Glance
- Tasks: Oversee US tax compliance for private equity funds and coach junior staff.
- Company: Join a leading global compliance team in London with diverse professionals.
- Benefits: Competitive salary, professional development, and dynamic work environment.
- Other info: Opportunity to manage cross-border teams and develop future tax leaders.
- Why this job: Make an impact in the asset management industry while growing your expertise.
- Qualifications: US CPA or Enrolled Agent license, with experience in partnership tax returns.
The predicted salary is between 60000 - 80000 € per year.
The Opportunity 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 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 in London employer: EY
As a leading player in the asset management sector, our London-based team offers an exceptional work environment that fosters collaboration and professional growth. We prioritise employee development through coaching opportunities and provide a supportive culture where your expertise in US tax compliance can shine. Join us to be part of a diverse team dedicated to delivering top-tier services while enjoying the unique advantages of working in one of the world's financial capitals.
StudySmarter Expert Advice🤫
We think this is how you could land US Tax Senior, Private Equity in London
✨Network Like a Pro
Get out there and connect with folks in the asset management industry! Attend events, join 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 that can help land that dream job.
✨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 fund structures. We want to see how your skills can directly benefit their team, so be ready to share specific examples of your past work!
✨Be a Team Player
Since this role involves coaching junior staff and working with cross-border teams, show your enthusiasm for collaboration. Talk about times you've successfully worked in a team or mentored others. We love seeing candidates who are all about lifting others up!
✨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’re always looking for passionate individuals who are eager to join our growing team of tax professionals.
We think you need these skills to ace US Tax Senior, Private Equity 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 US tax compliance and any relevant experience with private equity funds to catch our eye!
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 and how your background aligns with our team's needs. Don't forget to show your enthusiasm for coaching and developing others!
Showcase Your Technical Skills:We love seeing candidates who can demonstrate their knowledge of US tax legislation and fund structures. Include specific examples of your experience with partnership allocations and tax returns to make your application stand out.
Apply Through Our Website:We encourage you to apply directly through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss any important updates from us!
How to prepare for a job interview at EY
✨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 structures and their implications, as well as demonstrate your understanding of partnership allocations and carry waterfalls.
✨Show Off Your Coaching Skills
Since the role involves coaching junior staff, think of examples where you've successfully mentored others. Prepare to share how you approach training and development, and be ready to discuss your experience managing cross-border teams.
✨Be a Team Player
Emphasise your positive attitude and willingness to collaborate. Think of instances where you've worked effectively in a team setting, especially in dynamic environments, and be prepared to explain how you handle multiple deadlines and project management.
✨Communicate Clearly
You’ll need to liaise with non-tax stakeholders, so practice explaining complex tax concepts in simple terms. Prepare to discuss how you’ve successfully communicated technical information to clients or colleagues who may not have a tax background.
