Tax - Business Tax Services - Private Tax - International Private Client - Senior Manager

Ernst & Young LLP•Washington, DC

42d•Hybrid

About The Position

As an EY Private Tax Senior Manager, with a focus on cross border tax needs of high net worth individuals and their affiliated entities, you will apply your tax knowledge across a wide range of tax topics and processes, devising elegant outcomes to some of the most complex challenges around. You'll work with some of the world's most successful private clients and businesses, and in return you can expect an incredible range of projects and responsibilities that will support your career growth. EY Private is a growing practice within the organization, and you'll see that growth reflected in your career. With a diverse portfolio of interesting and challenging work, you'll make an impact on some of the most technically demanding tax planning projects around. You'll be part of a growing global team, acting as a key point of contact for a wide range of clients and colleagues. This is an opportunity for cross-border and cross-functional teaming. In return, you can expect plenty of support designed with your own personal skills and experience. EY is a dynamic place to develop not only your technical tax knowledge, but also your professional leadership and business acumen. Depending on your unique skills and ambitions, you could be managing various responsibilities, from technical planning and advising of clients that include high-profile individuals of extremely high net worth, and expectations to match. That will make you a trusted advisor and role model for our people across multiple teams, making this a great place to develop a diverse network of collaborative colleagues. Whatever you find yourself doing, you'll personally coach and develop a highly trained team, all while handling activities with a focus on quality and commercial value. You'll also be responsible for identifying additional services to provide to our clients.

Requirements

A bachelor's degree in a related field, supported by significant tax and a CPA certification or membership in The Bar; Minimum of 8 years of work experience in professional services or professional tax organization
A thorough understanding of estate and wealth planning; as well as experience with federal and state personal and trust income tax
Excellent collaboration and negotiation skills, and the confidence to challenge senior colleagues and stakeholders from a diverse range of backgrounds
A thorough understanding of automated tax processing systems and laws within your area of technical professionalism
Experience managing budgets and projects

Nice To Haves

A proven record in high net-worth tax planning
A proven record in a professional services environment
Experience in coaching and mentoring junior colleagues
Executive presence and business development skills
Strong analytical skills and attention to detail
The ability to adapt your work style to work with both internal and client team members

Responsibilities

Apply rules related to controlled foreign corporations and passive foreign investment companies onto tax returns
Application of foreign tax treaties and foreign tax credits
Prepare form 1040, 1041 and 1065 and significant experience preparing or advising on domestic income and transfer tax and/or U.S. international informational returns (Forms 5471, 8858, 8865, 1040, 1041, 1065, 3520, 3520A)
Team members with a compliance focus: prepare or review US federal and state tax returns for high net worth individual US citizens living abroad, US residents holding nonUS assets, or foreign nationals holding US assets. This role includes the preparation and review of the foreign info reporting requirements for cross border tax compliance such as foreign corporations, foreign partnerships, foreign disregarded entities and foreign trusts. Experience with relevant tax processing programs. Application of AI to data optimization and return process.
Team members with an advisory focus:
Design pre-immigration tax plans
Classification of trusts for US tax purposes, and review of forms 3520
Assist with US exit planning
FIRPTA
Form the US tax piece of multi-jurisdictional inheritance/succession, including the use of trusts, both domestic and foreign
Identifying foreign reporting obligations
Prepare tax memorandums and opinions
Translating complex data from a range of sources into client-ready insights and deliverables
Collaborate daily with our Global EY Private network and International Tax & Transactions Services desk network.
Support our Private practice with relevant tax analysis and address new trends/market opportunities.
Work closely with rotators from our domestic teams, individuals on rotation from foreign affiliated firms, and our global deployment services team
Building effective long-term relationships with our clients, understanding their unique needs to provide a tailored service
Communicating complex tax issues to non-tax professionals and clients
Maintaining your reputation in your field by constantly updating and sharing your technical and finest practice knowledge
An appreciation of world affairs, cultures and protecting financial security.
Identifying and reacting to risks and opportunities to improve our services and processes

Benefits

We offer a competitive compensation package where you'll 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 ten observed holidays and three paid personal days, and a range of programs and benefits designed to support your physical, financial and social well-being.
Support, coaching and feedback from some of the most engaging colleagues in the industry
Opportunities to develop new skills and progress your career
A network of overseas colleagues, and chances to relocate or take on overseas assignments
The freedom and flexibility to handle your role in a way that's right for you
We offer a comprehensive compensation and benefits package where you'll be rewarded based on your performance and recognized for the value you bring to the business.
The base salary range for this job in all geographic locations in the US is $147,400 to $336,800.
The base salary range for New York City Metro Area, Washington State and California (excluding Sacramento) is $177,000 to $382,800.
Individual salaries within those ranges are determined through a wide variety of factors including but not limited to education, experience, knowledge, skills and geography.
In addition, our Total Rewards package includes medical and dental coverage, pension and 401(k) plans, and a wide range of paid time off options.
Join us in our team-led and leader-enabled hybrid model.
Our expectation is for most people in external, client serving roles to work together in person 40-60% of the time over the course of an engagement, project or year.
Under our flexible vacation policy, you'll decide how much vacation time you need based on your own personal circumstances.
You'll also be granted time off for designated EY Paid Holidays, Winter/Summer breaks, Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-being.