Ernst & Young LLP

Tax - State and Local Tax (SALT) Manager, Financial Services – Wealth & Asset Management

Posted on: 15 Mar 2021

New York City, New York

Job Description

EY is the only professional services firm with a separate business unit (FSO) that is dedicated to the financial services marketplace. Our FSO teams have been at the forefront of every event that has reshaped and redefined the financial services industry. If you have a passion for rallying together to solve the most complex challenges in the financial services industry, come join our dynamic FSO State and Local Tax team!

The opportunity

EY's State and Local (SALT) team is a growing practice within the organization, and you'll see that growth reflected in your career. As a tax manager, youll see firsthand the financial services industry as you are immersed in the evolving state and local tax environment through a diverse set of experiences in serving hedge fund and private equity clients. Having gained ample support and training from some of the most knowledgeable colleagues in the industry, there will be opportunities to progress to senior manager.

Your key responsibilities

Its fair to say theres no average day for a State and Local Tax manager so youre likely to spend your time on a diverse array of projects, responsibilities and tasks. Well look to you to support our senior managers through to our partners in providing tax services. Youre likely to balance your time between compliance and planning, focusing on and interacting directly with our clients. Whatever youre working on, our clients will turn to you for up-to-the-minute state and local tax advice that they can always rely on. To make that happen, youll be working in a highly collaborative culture, alongside colleagues from different practices, where listening to and sharing information is an essential part of the role.

Skills and attributes for success

* Analyzing an evolving portfolio of complex tax operations to provide meaningful business insights
* Identifying potential opportunities and risks, and communicating these to our clients
* Learning and researching current market trends to maintain your credibility as a trusted advisor
* Developing clear, intelligent plans and approaches to improve our clients tax activities
* Researching our clients business operations and building long-lasting relationships to tailor your advice to their specific needs
* Working with a motivated team of professionals
* Building effective long-term relationships with our clients
* Maintaining your reputation in your field by constantly updating and sharing your technical and finest practice knowledge
* Managing, coaching and developing a team of tax professionals, reviewing work and helping to confirm they have the knowledge, tools and opportunities that they need to excel

To qualify for the role you must have

* A minimum of 34 years of relevant work experience in a professional services or professional tax organization
* A bachelors degree in Accounting, Finance, Business or a related discipline or a graduate degree in Tax or Law
* Certified public accountant or licensed attorney, or the ability to achieve either certification
* A thorough understanding of automated tax processing systems and laws within your area of technical professionalism
* Excellent collaboration and negotiation skills, and the confidence to challenge senior colleagues and stakeholders from a diverse range of backgrounds
* A commitment to continuing your learning

Ideally, youll also have

* A thorough understanding of state and local partnership tax
* Proficiency in Office applications (Word, Excel, PowerPoint)
* Experience with return preparation software
* Experience in working on a variety of teams
* Ability to adapt your work style to work with both internal and client team members

What we look for

Were interested in people with initiative who are not afraid to speak up, with a genuine desire to service clients in the financial services industry focused on state and local taxes. If youre ready to further build on your reputation as a professional advisor, this role is for you.

What working at EY offers

We offer a competitive compensation package where youll be rewarded based on your performance and recognized for the value you bring to our business. In addition, our Total Rewards package includes medical and dental coverage, both pension and 401(k) plans, a minimum of 15 days of vacation plus 10 observed holidays and 3 paid personal days, as well as a range of programs and benefits designed to support your physical, financial and social well-being. Plus, we offer:

* Support, coaching and feedback from some of the most engaging colleagues in the industry
* Opportunities to develop new skills and progress your career
* The freedom and flexibility to handle your role in a way thats right for you

About EY

As a global leader in assurance, tax, transaction and advisory services, were using the finance products, experience and systems weve 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. And with a commitment to hiring and developing the most passionate people, well make our ambition to be the best employer by 2020 a reality.

If you can confidently demonstrate that you meet the criteria above, please contact us as soon as possible.

Join us in building a better working world.

Apply today.

EY provides equal employment opportunities to applicants and employees without regard to race, color, religion, age, sex, sexual orientation, gender identity/expression, national origin, protected veteran status, disability status, or any other legally protected basis, in accordance with applicable law.

Ernst & Young LLP

New York, New York

Ernst & Young LLP is a professional services company. The company provides assurance, auditing, technology and security risk, enterprise risk management, transaction support, merger and acquisition, actuarial, and real estate advisory services. It also offers employee benefit plan, taxation, and entrepreneurial services.

The company provides corporate finance services through its subsidiary, Ernst & Young Corporate Finance. The firm caters to automotive, energy, chemicals, financial, health, real estate, retail, consumer products, and entertainment industries. It is a member firm of Ernst & Young Global Limited. Ernst & Young LLP was founded in 1894 and is based in New York, New York with additional offices in the United States, Middle East, Australia, Europe, and Asia.

  • Industry
    Consulting
  • No. of Employees
    270,000
  • Jobs Posted
    2029