US Senior Tax Manager, Private Equity Fund

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The Opportunity

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. If you have a passion for rallying together to solve complex challenges then come join our dynamic FSO team!

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.

For this opportunity we are looking for an experienced Private Equity Fund Senior Manager to join our team!

Your key responsibilities

The role will primarily involve 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

• Proven track record of leading US federal tax compliance work for asset management clients.
• Deep understanding of US tax issues affecting asset managers/executives funds holding vehicles including partnership allocations carry waterfall equalization etc.
• Experience across a range of US tax issues from fund activities such as fund formation asset acquisitions and disposals reorganisations and management structures.
• Experienced as the primary client contact and trusted advisor.
• Committed to high-quality work and effective project delivery.
• Enthusiasm for coaching and developing team members and the ability to teach or assist in firm in-house trainings.
• Professionalism initiative and confidence in managing complex engagements.

To qualify for the role you must have

• US CPA license or Enrolled Agent license.
• 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 reviewing partnership tax returns and Schedules K-1/3.
• In-depth knowledge of Go Systems tax preparation software or similar system.

Ideally youll also have

• 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.
• Knowledge of EMEIA asset management industry structure and entity type and their distinct tax characteristics.
• Asset management industry experience and product knowledge.
• Experience in delivering technical and soft skills training to junior team members.

EY Building a better working world

EY is building a better working world by creating new value for clients people society and the planet while building trust in capital markets.

Enabled by data AI and advanced technology EY teams help clients shape the future with confidence and develop answers for the most pressing issues of today and tomorrow.

EY teams work across a full spectrum of services in assurance consulting tax strategy and transactions. Fueled by sector insights a globally connected multi-disciplinary network and diverse ecosystem partners EY teams can provide services in more than 150 countries and territories.

Required Experience:

Manager

Employment Type : Full Time
Experience: years
Vacancy: 1