Financial Services - Tax - Wealth and Asset Management - Manager

Will you shape the future or will the future shape you?

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! 

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.

As a Tax Compliance Manager, you will play a pivotal role in managing and implementing tax compliance strategies for our clients. You will provide comprehensive support in tax compliance and reporting, including tax provision, direct and indirect tax returns preparation, and tax reform calculations, all while leveraging standardized processes and leading technology. Your efforts will focus on streamlining and optimizing compliance and reporting processes to align with business strategy, increase efficiency, and promote transparency. Additionally, you will encourage the development of governance, risk, and compliance frameworks, and help shape operating models that support alignment with governing tax regulations and business objectives.

In this Manager role within our Wealth & Asset Management Tax practice, you will lead tax compliance and advisory engagements for hedge fund, private equity, and mutual fund clients. You will address complex federal, international, state, and local tax issues and implement tax strategies aligned with client objectives. Responsibilities include reviewing securities analyses, making tax adjustments, overseeing the production of K‑1s and partnership returns, and evaluating partnership agreements and private placement memorandums for tax implications.

Key responsibilities include:

• Managing and implementing tax compliance strategies and reporting support.
• Streamlining and optimizing compliance processes to meet business needs.
• Supporting the development of governance and compliance frameworks.

Your key responsibilities

In this role, you will be responsible for the effective management and delivery of one or more processes, solutions, or projects, ensuring a strong focus on quality and effective risk management. You will drive continuous process improvement, identify innovative solutions through research and analysis, and apply your expertise to guide others and recommend quality solutions. The position presents the challenge of leading workstream delivery, tracking project status, and managing engagement economics, all while actively participating in client working sessions and leading workstreams from planning through closure. You’ll learn to navigate complex tax environments, develop solutions to intricate problems, and recommend changes to policies and procedures that impact your team and potentially the broader business function.

Analytical/Decision Making Responsibilities:

• Develop solutions to complex problems and recommend changes to policies and procedures.
• Exercise judgment in selecting methods, techniques, and evaluation criteria for obtaining results.
• Guide others and interpret internal/external issues to recommend quality solutions.

Skills and attributes for success

To make an impact in this role, you’ll need strong leadership, analytical, and communication skills, as well as the ability to manage complex projects and deliver results in a dynamic environment.

• Solid technical knowledge, including the ability to review partnership book/tax allocations involving incentive fee reallocations, side pockets, partnership interest transfers, and fill-up/down allocations.
• The ability to teach or assist with firm in-house training programs.
• Ability to analyze trading reports for tax character and book-to-tax differences, including wash sales, constructive sales, straddles, and other securities-related issues.
• Build impactful relationships with new and existing clients and maintain relationships with firm leadership.
• Able to identify key tax technical issues and raise appropriate questions before work is submitted for partner or senior manager review, consulting with others as necessary.
• Responsible for the effective management and delivery of processes, solutions, or projects, ensuring quality and risk management.
• Drive continuous process improvement and identify innovative solutions through research and analysis.
• Guide others by applying depth of expertise and interpreting internal/external issues to recommend quality solutions.
• Meet performance objectives and metrics set locally, including client service, quality and risk management, sales and business growth, solution development, and teaming.

To qualify for the role, you must have

• Bachelor’s degree required (4-year degree)
• Typically, no less than 4 - 6 years relevant experience
• Be a licensed attorney or CPA
• 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
• Demonstrated expertise in tax compliance and reporting requirements.
• Strong awareness of finance compliance and regulation.
• Understanding of global compliance requirements.
• Ability to assess tax legislation and its impact.
• Experience with tax reform calculations.
• Proficiency in data analysis and interpretation.
• Experience with tax technology solutions.
• Understanding of tax accounting and tax provisions.
• Knowledge of accounting principles and standards.
• Ability to analyze and evaluate application and tools.
• Complex problem-solving and critical thinking abilities.
• Ability to drive outcomes and demonstrate learning agility.

Ideally, you’ll also have

• Experience leading professional employees or supervising others to deliver complex technical initiatives.
• Ability to manage engagement economics and resource planning.
• Experience participating in RFP responses and identifying opportunities for additional services.
• Experience with hybrid collaboration and global teams.

What we look for

We seek top performers who are proactive, adaptable, and committed to delivering high-quality results. Individuals who thrive in dynamic environments, demonstrate strong analytical and decision-making skills, and possess a passion for continuous improvement will excel in this role. The ability to build trust with clients, lead teams, and drive innovative solutions is highly valued.

Are you ready to shape your future with confidence? Apply today.