Tax Experienced Staff - FSO - Financial Instruments Tax Solutions
About the role
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.
Responsibilities
- Work with a team of consultants and seniors related to performing tax compliance for CLOs
- Improve the performance of tax functions, team with and motivate others, and develop meaningful and influential relationships with clients and colleagues
- Serve as a technical resource for complex tax items related to CLOs
- Help develop and maintain proprietary CLO tax technology
- Train and develop staff members
Requirements
The opportunity is open to candidates with a bachelor's degree in Accounting or a related field, a minimum of 1 year of relevant work experience, CPA, JD, LLM, or ability to achieve one of the certifications, tax compliance and consulting experience serving CLO clients, understanding of the reporting requirements for PFICs and CFCs, strong Microsoft Excel skills, excellent written and verbal communication skills, knowledge of bad debt, bond premium, foreign currency transactions, market discount and original issue discount tax rules, ideally a Master’s degree in Accounting or related field, exposure to the financial services industry, accounting/finance/tax, tax or finance performance improvement, tax software development and/or implementation, strong attention to detail, problem-solving skills, analytical abilities, project management and critical thinking skills, and experience with international tax compliance.
Qualifications
To qualify for the role, you must have:
- A bachelor's degree in Accounting or a related field
- A minimum of 1 year of relevant work experience
- CPA, JD, LLM, or ability to achieve one of the certifications
- Tax compliance and consulting experience serving CLO clients
- Understanding of the reporting requirements for PFICs and CFCs
- Strong Microsoft Excel skills
- Excellent written and verbal communication skills
- Knowledge of bad debt, bond premium, foreign currency transactions, market discount and original issue discount tax rules
- IDEALLY a Master’s degree in Accounting or related field
- Exposure to the financial services industry, accounting/finance/tax, tax or finance performance improvement, tax software development and/or implementation
- Strong attention to detail, problem-solving skills, analytical abilities
- Project management and critical thinking skills
- Experience with international tax compliance
Skills and Attributes for Success
- Proactive and self-motivated
- Willingness to learn new skills and approaches to challenges
- An analytical thinker and problem solver
Benefits
Comprehensive compensation and benefits package including medical and dental coverage, pension and 401(k) plans, and a wide range of paid time off options. Base salary range for this job in all geographic locations in the US is $69,700 to $114,800. The base salary range for New York City Metro Area, Washington State and California (excluding Sacramento) is $83,500 to $130,600. Individual salaries within those ranges are determined through a wide variety of factors including but not limited to education, experience, knowledge, skills and geography.
Pay
$69,700 to $114,800
Schedule
Hybrid model with most people in external, client serving roles working together in person 60% of the time over the course of an engagement, project or year. Flexible vacation policy with time off for 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.