Financial Services - Wealth and Asset Management - Tax Manager

About the role

EY’s FSO tax practice provides comprehensive and specialized tax assistance tailored to the unique needs of the asset management industry. You will 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.

Responsibilities

• Lead tax compliance and advisory engagements for hedge fund, private equity, and mutual fund clients.
• Address complex federal, international, state and local tax issues.
• Implement tax strategies aligned with client objectives.
• Manage tax compliance accounts.
• Review securities analyses, make tax adjustments, oversee the production of K-1s and partnership returns, and evaluate partnership agreements and private placement memorandums for tax implications.

Skills and Attributes for Success

• Solid technical knowledge, including review of partnership book/tax allocations, incentive fee re-allocation, side pocket, transfer partnership interest, fill up/down.
• The ability to teach or assist in firm in-house trainings.
• Analyzing trading reports for tax character and book tax differences, such as wash sales, constructive sales, straddles, and other securities issues.
• Create impactful relationships with new and existing clients and maintain relationships with firm leadership.
• Able to identify key tax technical issues and raise the appropriate questions before the work is sent for review to the partner or senior manager – and consult when necessary.

Qualifications

• A Bachelor's degree and a minimum of 5 years of related work experience; or an advanced degree in tax or law and a minimum of 4 years of related work experience.
• CPA license or a licensed Attorney is required.
• 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.
• Ideally, you’ll also have Excellent managerial, leadership, organizational, and verbal/written communication skills.
• Demonstrated skills in mentoring and training others.

What We Look For

• Hard working team player who is comfortable partnering with others as well as working independently.
• Detailed oriented performer who can multi-task and meet deadlines.
• Open mindedness and creative solutions to the job every day.

What We Offer

• Cumulative compensation and benefits package where you’ll be rewarded based on your performance and recognized for the value you bring to the business.
• The base salary range for this job in all geographic locations in the US is $116,200 to $212,900.
• In addition, our Total Rewards package includes medical and dental coverage, pension and 401(k) plans, and a wide range of paid time off options.
• Flexible vacation policy, where you’ll decide how much vacation time you need based on your own personal circumstances.
• 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.