Job Description

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. And we\'re counting on your unique voice and perspective to help EY become even better, too. Join us and build an exceptional experience for yourself, and a better working world for all.

Job Title - US Tax Senior - Partnership, Corporation (Federal & SALT) - Financial Services

[Base Locations: Bengaluru, Hyderabad, Chennai, Trivandrum, Kochi, Ahmedabad, Mumbai, Gurgaon, Noida, Kolkatta]

EY is the only professional services firm with a dedicated business unit (Financial Services Organization \xe2\x80\x9cFSO\xe2\x80\x9d) for 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 team! Our EY GDS FSO Tax practice is made up of a team of professionals providing dedicated tax technical services to both US and global clients.

The Opportunity

When you join the EY GDS FSO Tax team, you\'ll be at the heart of EY\'s critical mission to build a better working world by applying your knowledge, skills and experience in assisting clients in meeting their business objectives. You\'ll learn, grow and contribute - building new relationships and discovering the satisfaction that comes with producing high-quality valued work, and advice. You will work independently to recognize and identify problem areas and items that need to be addressed or escalated to ensure tax returns, tax research, tax accounting and tax projects are timely and accurately completed.

Your Key Responsibilities include

• Perform a detailed review of any or some of the below:

• Partnership tax returns (Form 1065);
• Corporate tax returns (Form 1120, 1120-F, 1120-S, 1120-RIC, 1120-L, 1120-PC, 1120-REIT);
• State and local tax returns;
• ECI, FDAP, and Foreign Withholding reporting, Reportable Transactions (Forms 1042/1042S, 8804, and 8805, 8886).

for any of these: operating entities, Private Equity, Hedge, Funds of Funds, blocker corporations, Regulated Insurance Companies (Mutual Funds), Banks, Insurance or Private Foundation entities.

• Knowledge about recent tax developments and changes, including Schedules K-2/K-3 reporting requirements.
• Review book-to-tax adjustments and reclasses, taxable income calculations, and investor allocations.
• Compile and evaluate simple-to-moderate complex data, computations, documentations and various tax and accounting technologies.
• Demonstrate strong technical excellence, proactively interact with the client management team to gather information and identify engagement specific treatments and processes.
• Examine the calculations and work papers for extensions, estimates, and withholdings.
• E-file tax returns, review XMLs, and check for any E-file rejects.
• Take ownership of your schedule and proactively seek work when necessary to meet your annual chargeability goal.
• Adhere to Tax practice protocol and other internal processes consistently.
• Provide effective leadership, feedback and coaching to team members

Skills and attributes for success

• Manage engagement deliverables and team resources to achieve timely and accurate delivery of tax compliance services while effectively managing engagement economics.
• Demonstrate strong technical excellence of Tax offerings and broaden technical skills across capabilities.
• Knowledge of accounting standards and principles.
• Skilful with GoSystems or other tax compliance third party vendors like OneSource, CCH, CorpTax, etc.
• Ensuring the adoption and specialisation of EY methodologies, EY tools, and technology specific to tax.
• Identifying opportunities for process improvement
• Provide effective oversight, feedback, and coaching to junior team members
• Mentor/coach team members to develop technical and leadership capabilities
• Ability to support recruitment and periodic performance management activity.

To qualify for the role, you must have

• Graduate or postgraduate degree in finance/accounting/commerce/statistics
• 3 to 5 years of experience

Ideally, you\'ll also have

• CPA/EA certification (preferred but not mandatory)
• Ability to read, interpret, and apply the tax legislation
• Good written and verbal communication skills are needed, along with team handling and leadership skills.
• Proficient using Microsoft products such as Excel, Word, and Power Point

What we look for

We\'re interested in tax professionals with a genuine interest in providing outstanding services to some of the world\'s most influential people. Working with people from all backgrounds, from executives and entrepreneurs to investors and families, you\'ll use your experience and status as a trusted advisor to maintain and further our reputation for excellence.

EY | Building a better working world

EY exists to build a better working world, helping to create long-term value for clients, people and society and build trust in the capital markets.

Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate.

Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today.

EY