Tax Manager - Financial Services Organization - State & Local Tax, Wealth and Asset Management

State and Local Tax (SALT)  Manager, Financial Services  –  Wealth & Asset Management: Primary location for this role is in IL.

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

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, you’ll see firsthand the financial services industry by being 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

It’s fair to say there’s no average day for a State and Local Tax Manager – so you’re likely to spend your time on a diverse array of projects, responsibilities and tasks. We’ll look to you to support our senior managers through to partners in providing tax services. You’re likely to balance your time between compliance and planning, focusing on and interacting directly with our clients. Whatever you’re working on, our clients will turn to you for up-to-the-minute state and local tax advice they can always rely on. To make that happen, you’ll 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 they need to excel

To qualify for the role you must have

• A bachelor’s degree in Accounting, Finance, Business or a related discipline or a graduate degree in Tax or Law
• CPA or licensed Attorney
• A minimum of 5 years of relevant work experience in professional services or professional tax organization
• 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, you’ll 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 in a variety of teams
• Ability to adapt your work style to work with both internal and client team members

What We Look For

We’re 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 you’re ready to further build on your reputation as a professional advisor, this role is for you.

• Continuous learning: You’ll develop the mindset and skills to navigate whatever comes next.
• Success as defined by you: We’ll provide the tools and flexibility, so you can make a meaningful impact, your way.
• Transformative leadership: We’ll give you the insights, coaching and confidence to be the leader the world needs.
• Diverse and inclusive culture: You’ll be embraced for who you are and empowered to use your voice to help others find theirs.