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EY Tax Services Senior – Financial Services Organization – Private Client Services in New York, New York

Tax Services Senior – Financial Services Organization – Private Client Services


Requisition # NYW0001K

Post Date Apr 28, 2021

Financial Services Organization Tax Senior, Private Client Services Entity Practice

EY is the only professional services firm with a separate business unit (“FSO”) that is dedicated to the financial services marketplace. Our FSO teams have been at the forefront of every event that has reshaped and redefined the financial services industry. If you have a passion for rallying together to solve the most complex challenges in the financial services industry, come join our dynamic FSO team!

The opportunity

Private Client Services is a growing practice within the organization, and you’ll see that growth reflected in your career. With a diverse portfolio of interesting and challenging work, you’ll make an impact on some of the most technically demanding tax planning and compliance projects around. You’ll be part of a growing global team, working with a wide range of clients and colleagues. This is an opportunity to help lead the operational changes and market growth goals for our Private Client Services Entity practice. In return, you can expect plenty of support designed with your own personal skills and experience. EY is a dynamic place to develop not only your technical tax knowledge, but also your professional leadership and business acumen.

Your key responsibilities

As a Senior in our Financial Service Private Client Services practice, you will be responsible for involvement with coordinating and innovating our entity service offering within Private Client Services. You would be involved in efforts to enhancing our service delivery model. Your day to day responsibilities will include working with a team, reviewing tax compliance and advisory work for private clients specifically as it relates to the entities. You will need to understand key client issues in partnership and foundation domestic federal, international and state and local taxation with a focus on implementing tax strategies that align with the clients personal and business objectives. You will work with Asset Management tax compliance accounts for Hedge Funds and or Private Equity Funds and Fund of Funds which involves the ability to review securities analysis, make appropriate tax adjustments, tax basis and provide guidance for the production and delivery of K-1’s and partnership tax returns.

Skills and attributes for success

  • Solid technical knowledge - you will have to review partnership and Foundation including Foreign filings.

  • Experience with high-net worth individual and trusts/estate income tax returns preferred.

  • Experience in economics of the engagement. Able to organize teams schedule, budget and fees for various clients assigned

  • Ability to analyse trading reports for tax character and book tax differences, such as wash sales, constructive sales, straddles, and other securities issues

  • Building impactful relationships with new and existing clients as well as building and maintains relationships with leadership; create a positive and trusting environment

  • Ability to identify key tax technical issues and raise the appropriate questions – and consult when necessary

  • Researching tax issues to develop effective tax planning strategies and translate complex data from a range of sources into client-ready insights and deliverables

  • Identifying and reacting to risks and opportunities to improve our services and processes

To qualify for the role you must have

  • Bachelor’s degree in Accounting or related field

  • CPA license or a licensed Attorney eligible

  • A minimum of 3 years of relevant tax experience or equivalent experience in Private Client, Family Office or the Wealth & Asset Management industry

  • Familiarity with the financial services industry gained through direct involvement with managed investment vehicles

  • Broad exposure to federal income taxation and some exposure to state and local tax

  • Understanding of federal and state personal and trust income tax

  • Excellent collaboration and negotiation skills, and the confidence to challenge senior colleagues and stakeholders from a diverse range of backgrounds

  • A thorough understanding of automated tax processing systems and laws within your area of technical professionalism

Ideally, you’ll also have

  • Excellent managerial, leadership, organizational, and verbal/written communication skills

  • Demonstrated business development skills

  • A proven record in tax planning

  • A proven record in a professional services environment

  • Experience in coaching and mentoring junior colleagues

  • Strong analytical skills and attention to detail

  • The ability to adapt your work style to work with both internal and client team members

What we look for

We’re interested in tax professionals with a genuine interest in providing outstanding services to some of the world’s most influential people. Working with people from all backgrounds, from executives and entrepreneurs to investors and families, you’ll use your experience and status as a trusted advisor to maintain and further our reputation for excellence.

What working at EY offers

We offer a competitive compensation package where you’ll be rewarded based on your performance and recognized for the value you bring to our business. In addition, our Total Rewards package includes medical and dental coverage, both pension and 401(k) plans, a flexible vacation policy with 19 paid holidays and a range of programs and benefits designed to support your physical, financial and social well-being. We also offer:

  • Support, coaching and feedback from some of the most engaging colleagues around

  • Opportunities to develop new skills and progress your career

  • The freedom and flexibility to handle your role in a way that’s right for you

About EY

As a global leader in assurance, tax, transaction and advisory services, we’re using the finance products, expertise and systems we’ve developed to build a better working world. That starts with a culture that believes in giving you the training, opportunities and creative freedom to make things better. Whenever you join, however long you stay, the exceptional EY experience lasts a lifetime. And with a commitment to hiring and developing the most passionate people, we’ll make our ambition to be the best employer by 2020 a reality.

As a global leader in assurance, tax, transaction and advisory services, we hire and develop the most passionate people in their field to help build a better working world. This starts with a culture that believes in giving you the training, opportunities and creative freedom to make things better. So that whenever you join, however long you stay, the exceptional EY experience lasts a lifetime.

If you can confidently demonstrate that you meet the criteria above, please contact us as soon as possible.

Build your legacy with us.

Apply now.

EY provides equal employment opportunities to applicants and employees without regard to race, color, religion, age, sex, sexual orientation, gender identity/expression, national origin, protected veteran status, disability status, or any other legally protected basis, in accordance with applicable law.