Financial Services - Tax - Wealth and Asset Management - Manager

EY · Greenville, SC · 1 mo ago

Hybrid$116k–$213k/yrFull-time

Location: New York, Boston, Providence, Jericho, Iselin, Hoboken, Secaucus, Stamford, Chicago, Dallas, Houston, Charlotte and Greenville

About the role

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.

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.

EY’s FSO tax practice provides comprehensive and specialized tax assistance tailored to the unique needs of the asset management industry. You would join our tax professionals who are knowledgeable and experienced with varied and specialized facets of hedge fund, private equity fund and mutual fund taxation, including fund and organizational structuring, tax minimization planning, on-call advice, and tax compliance.

As a Tax Compliance Manager, you will play a pivotal role in managing and implementing tax compliance strategies for our clients. You will provide comprehensive support in tax compliance and reporting, including tax provision, direct and indirect tax returns preparation, and tax reform calculations, all while leveraging standardized processes and leading technology. Your efforts will focus on streamlining and optimizing compliance and reporting processes to align with business strategy, increase efficiency, and promote transparency. Additionally, you will encourage the development of governance, risk, and compliance frameworks, and help shape operating models that support alignment with governing tax regulations and business objectives.

In this Manager role within our Wealth & Asset Management Tax practice, you will lead tax compliance and advisory engagements for hedge fund, private equity, and mutual fund clients. You will address complex federal, international, state, and local tax issues and implement tax strategies aligned with client objectives. Responsibilities include reviewing securities analyses, making tax adjustments, overseeing the production of K-1s and partnership returns, and evaluating partnership agreements and private placement memorandums for tax implications.

Responsibilities

Managing and implementing tax compliance strategies and reporting support.
Streamlining and optimizing compliance processes to meet business needs.
Supporting the development of governance and compliance frameworks.
Effective management and delivery of one or more processes, solutions, or projects, ensuring a strong focus on quality and effective risk management.
Driving continuous process improvement, identifying innovative solutions through research and analysis, and applying expertise to guide others and recommend quality solutions.
Leading workstream delivery, tracking project status, and managing engagement economics.
Actively participating in client working sessions and leading workstreams from planning through closure.
Developing solutions to complex problems and recommending changes to policies and procedures.
Exercising judgment in selecting methods, techniques, and evaluation criteria for obtaining results.
Guiding others and interpreting internal/external issues to recommend quality solutions.
Meeting performance objectives and metrics set locally, including client service, quality and risk management, sales and business growth, solution development, and teaming.

Requirements

Bachelor’s degree required (4-year degree).
Typically, no less than 4 - 6 years relevant experience.
Licensed attorney or CPA.
Familiarity with the financial services industry gained through direct involvement with managed investment vehicles.
Broad exposure to federal income taxation and exposure to state and local tax.
Demonstrated expertise in tax compliance and reporting requirements.
Strong awareness of finance compliance and regulation.
Understanding of global compliance requirements.
Ability to assess tax legislation and its impact.
Experience with tax reform calculations.
Proficiency in data analysis and interpretation.
Experience with tax technology solutions.
Understanding of tax accounting and tax provisions.
Knowledge of accounting principles and standards.
Ability to analyze and evaluate application and tools.
Complex problem-solving and critical thinking abilities.
Ability to drive outcomes and demonstrate learning agility.

Skills

Strong leadership, analytical, and communication skills.
Ability to manage complex projects and deliver results in a dynamic environment.
Solid technical knowledge, including reviewing partnership book/tax allocations involving incentive fee reallocations, side pockets, partnership interest transfers, and fill-up/down allocations.
Ability to teach or assist with firm in-house training programs.
Analyze trading reports for tax character and book-to-tax differences, including wash sales, constructive sales, straddles, and other securities-related issues.
Build impactful relationships with new and existing clients and maintain relationships with firm leadership.
Able to identify key tax technical issues and raise appropriate questions before work is submitted for partner or senior manager review, consulting with others as necessary.

Ideal Qualifications

Experience leading professional employees or supervising others to deliver complex technical initiatives.
Ability to manage engagement economics and resource planning.
Experience participating in RFP responses and identifying opportunities for additional services.
Experience with hybrid collaboration and global teams.

What We Look For

We seek top performers who are proactive, adaptable, and committed to delivering high-quality results. Individuals who thrive in dynamic environments, demonstrate strong analytical and decision-making skills, and possess a passion for continuous improvement will excel in this role. The ability to build trust with clients, lead teams, and drive innovative solutions is highly valued.

Benefits

At EY, we offer a comprehensive compensation and benefits package where you’ll be rewarded based on your performance and recognized for the value you bring to the business.

Medical and dental coverage.
Pension and 401(k) plans.
A wide range of paid time off options, including flexible vacation policy, designated EY Paid Holidays, Winter/Summer breaks, Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-being.

Pay

The base salary range for this job in all geographic locations in the US is $116,200 to $212,900. The base salary range for New York City Metro Area, Washington State and California (excluding Sacramento) is $139,400 to $242,000. Individual salaries within those ranges are determined through a wide variety of factors including but not limited to education, experience, knowledge, skills, and geography.

Schedule

Join us in our team-led and leader-enabled hybrid model. Our expectation is for most people in external, client serving roles to work together in person 60% of the time over the course of an engagement, project, or year.