Partnership Tax, Federal Returns- Senior

Role name and description 
Tax Senior - To sum up, the Senior role provides a unique opportunity for tax professionals to pursue their career in leading, working and managing end-to-end process of tax lifecycle for large global corporate clients, which helps them to shape their career to be all round tax professional.

The opportunity
When you join EY GCR team, you will be at the heart of EYs critical mission to build a better working world by applying knowledge skills and experience in assisting clients in meeting their business Purpose. 

Your key responsibilities

• Develop, mentor and supervise Analysts and Advanced Analysts
• Proactively recognize issues and recommend solutions
• Proactively seek opportunities to diversify client load and exposure to different teams
• Foster collaboration and constructive communication within the team
• Demonstrate basic presentation and public speaking skills, while actively participating in meetings
• Communicate in face-to-face situations, by phone and via email, and determine the appropriate mechanism for communicating, given the situation
• Display general knowledge of engagement big picture and work towards obtaining appropriate certification
• Communicate your progress and the project status to supervisors worldwide
• Take ownership of your schedule and proactively seek work when necessary to meet your annual chargeability goal
• Adhere to practice protocol and other internal processes consistently
• Explore the opportunity of going on rotation

Skills and attributes for success

• Identifying opportunities for process improvement
• Ensuring use of the methodologies, tools and technology specific to tax
• Encouraging others to ask critical questions and share their ideas and concerns openly
• Helping people contribute more by clarifying performance expectations and providing balanced and constructive feedback with specific behavioural examples.
• Developing strengths and opportunities collaboratively with team members by encouraging people to take action following feedback
• Contributing to a positive team environment by demonstrating consistent commitment and optimism towards work challenges.

To qualify for the role, you must have

• Graduate or Postgraduate in Finance
• CPA/EA will be an added advantage
• 3 to 5 years of experience  
• Sound knowledge in the taxation of U.S investment partnerships (Hedge fund and Private Equity space)
• Knowledge on securities analysis (like wash sale, short sales, dividend analysis etc.,)
• Partnership Tax allocations - Sound knowledge on aggregate allocations (Hedge funds) and tax waterfall, GP clawback (Private Equity)
• Review of Schedule K-1, Form 1065, various state returns and state withholding forms
• Review of Form 1042, 8804 and 8805 filings
• Knowledge on PFICs (Passive Foreign Investment Corporation), its reporting and various elections (QEF, MTM etc.,). Review of form 8621.
• Review of international forms like 5471 and 8865