FY25 - Tax Manager - Financial Services - Wealth and Asset Management

$115,000 - $210,800/Yr

Ernst & Young - Baton Rouge, LA

Full-time - Mid Level

Baton Rouge, LA

Professional, Scientific, and Technical Services

About the position

At EY, you'll have the chance to build a career as unique as you are, with the global scale, support, inclusive culture, and technology to become the best version of you. We are counting on your unique voice and perspective to help EY become even better. Join us and build an exceptional experience for yourself, and a better working world for all. The exceptional EY experience is yours to build. EY focuses on high ethical standards and integrity among its employees and expects all candidates to demonstrate these qualities. This position can be anywhere in the country (Primary: NY). 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! The opportunity within 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.

Responsibilities

• Manage and coordinate tax compliance and advisory work for clients in the Wealth & Asset Management practice.
• Work on key client issues in domestic federal, international, and state and local taxation, focusing on implementing tax strategies that align with the client's business objectives.
• Manage tax compliance accounts for hedge funds and/or private equity funds.
• Review extensive securities analysis, make appropriate tax adjustments, and provide sign-off for the production and delivery of K-1's and partnership tax returns.
• Review partnership agreements and private placement memorandums for tax implications of items such as book and tax allocations, stuffing provisions, management and incentive fees.
• Run the day-to-day activities on the accounts that are spread across various locations.

Requirements

• 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 or the ability to achieve either within a year from hire date.
• A minimum of 5 years of relevant tax experience or equivalent experience in the financial services industry.
• 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.

Nice-to-haves

• Excellent managerial, leadership, organizational, and verbal/written communication skills.
• Demonstrated skills in mentoring and training others.

Benefits

• Comprehensive compensation and benefits package based on performance.
• Medical and dental coverage.
• Pension and 401(k) plans.
• Wide range of paid time off options including flexible vacation policy.
• Time off for designated EY Paid Holidays, Winter/Summer breaks, Personal/Family Care, and other leaves of absence.