Tax Senior Manager - Financial Services Organization - Financial Instruments Tax Solutions

Tax Senior Manager - Financial Services Organization - Financial Instruments Tax Solutions

At EY, we're all in to shape your future with confidence. We'll help you succeed in a globally connected powerhouse of diverse teams and take your career wherever you want it to go. Join EY and help to build a better working world.

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

As a Senior Manager in EY's Financial Instruments Tax Solutions (FITS) - Collateralized Loan Obligation (CLO) Tax practice, you will focus on the tax compliance for equity investors in CLOs as well as consulting with asset management firms on CLOs. FITS – CLO Tax will give you the opportunity to further develop your skills while assisting our financial services clients in dealing with the tax and compliance challenges that their world class tax functions are facing today.

Your key responsibilities

• Oversee team of consultants and seniors related to performing tax compliance for CLOs
• Improve the performance of tax functions, team with and motivate others, and develop meaningful and influential relationships with clients and colleagues
• Serve as a technical resource for complex tax items related to CLOs
• Help develop and maintain proprietary CLO tax technology
• Train and develop staff members
• Drive growth and profitability for the CLO tax practice
• Contribute to a positive team environment by taking an active role in counseling and mentoring consultants
• Some travel may be required (varies based on location and client need)

To qualify for the role, you must have

• A bachelor's degree Accounting or related field
• A minimum of 8 years of relevant work experience
• CPA, JD, LLM or EA is required
• Extensive tax compliance and consulting experience serving CLO clients
• Understanding of the reporting requirements for PFICs and CFCs.
• Strong Microsoft Excel skills
• Excellent written and verbal communication skills
• Knowledge of bad debt, bond premium, foreign currency transactions, market discount and original issue discount tax rules.

Ideally, you'll also have

• Master's degree in Accounting or related field required
• Exposure to the financial services industry, accounting/finance/tax, tax or finance performance improvement, tax software development and/or implementation
• Strong attention to detail, problem-solving skills, analytical abilities
• Project management and critical thinking skills
• Experience with international tax compliance

What we look for

We are looking for individuals that are proactive and self-motivated who have a willingness to learn new skills and approaches to challenges that our clients are facing in today's climate. You will need to be an analytical thinker and problem solver who has the ability to come up with innovative solutions.

What we offer you

At EY, we'll develop you with future-focused skills and equip you with world-class experiences. We'll empower you in a flexible environment, and fuel you and your extraordinary talents in a diverse and inclusive culture of globally connected teams.