EY’s Financial Services (FS) Tax
practice provides tax advisory, transactions and compliance services to a variety of clients in
the Financial Services market ranging from some of the world's largest multinational
institutions, corporations and funds.
The US tax compliance team, which sits within the EMEIA Wealth & Asset Management
practice, continues to experience growth due to strong client demand from European asset managers
with US investors and/or US activity.
London based team of US-qualified tax professionals is a growing practice of 50+ individuals
focused on providing exceptional client service to the asset management industry including hedge
funds, debt funds, private equity funds and real estate funds and their management
The team is highly dynamic and is looking for motivated, energetic and collaborative
individuals to join the US team in London. The team is looking for managers and senior
managers, specifically with hedge fund experience, to help grow the team this
Your key responsibilities
The role will primarily involve overseeing hedge 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 and you will be expected to coach junior staff members (both
onshore and offshore) and share your knowledge and experience with the entire team. You will also
be expected to coordinate multiple engagement teams’ schedules and
Skills and attributes for success
Positive attitude and willingness to be a team
Excellent time and project management
Proficiency in securities analysis for non-475
funds, including wash sales, straddles, debt, swaps, and other analysis required to compute a
hedge fund’s taxable income.
Practical understanding of hedge fund partnership
allocations including an understanding of revaluation accounts and
Experience advising clients on the US tax impact of
various trading strategies and fund structures, as well as US tax
Proficiency in juggling multiple priorities while
managing internal and external stakeholders.
Willingness and ability to learn new concepts with
Enthusiasm for coaching and developing team
To qualify for the role you must
Current CPA, EA or equivalent qualification or
Degree / Master’s degree in accounting or taxation (or
Knowledge of corporate and international tax returns
and related US tax laws.
Extensive experience in preparing and reviewing
partnership tax returns and Schedules K-1.
Practical experience with hedge fund securities
analysis and allocations.
In-depth knowledge of Go Systems tax preparation
software or similar system.
Ideally, you’ll also
Experience managing cross-border teams of 2-6
Ability to liaise directly with non-tax stakeholders at
your clients to explain US tax concepts at a practical level.
Knowledge of a hedge fund US tax preparation
Knowledge of common management company structures and their
US tax considerations.
Background in financial services, ideally working with
hedge funds in a US tax capacity.
Experience in delivering technical and soft skills training
to junior team members.
What we look for
We’re interested to hear from highly motivated individuals
who are open to expanding their network and pursuing a medium to long-term career in US tax in
London. We are looking for someone who will fit in well with our energetic and high-performing
team, who has background in hedge funds and who has excellent client relationship
What working at EY offers
We offer a competitive remuneration package where you’ll be rewarded for your
individual and team performance. Our comprehensive Total Rewards package includes support for
flexible working and career development, and with FlexEY you can select benefits that suit
your needs, covering holidays, health and well-being, insurance, savings and a wide range of
discounts, offers and promotions. Plus, we offer:
Support, coaching and feedback from some of the most engaging colleagues
Opportunities to develop new skills and progress your
The freedom and flexibility to handle your role in a way that’s right for
EY is committed to being an inclusive employer and we are happy to consider flexible
working arrangements. We strive to achieve the right balance for our people, enabling us to
deliver excellent client service whilst allowing you to build your career without sacrificing
your personal priorities. While our client-facing professionals can be required to travel
regularly, and at times be based at client sites, our flexible working arrangements can help
you to achieve a lifestyle balance.
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.
If you can confidently demonstrate
that you meet the criteria above, please contact us as soon as
Join us in building a better