AmbitionBox
Jobs
- Reviews
- Salaries
- Interview Questions
- About Company
- Benefits
- Jobs
- Office Photos
- Community
Add office photos
Engaged Employer
i
This company page is being actively managed by
Ernst & Young Team. If you also belong to the team, you
can get access from
here
Ernst & Young
Compare
All Filters
2032 Ernst & Young Jobs
Partnership Tax-Senior
Ernst & Young
posted 3mon ago
Job Role Insights
Flexible timing
Key skills for the job
Job Description
FSO_ Partnerships
Technical competency
- Sound knowledge in the taxation of U.S investment partnerships tax.
- 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
FSO- Manager
Job purpose
Job purpose
Manager is primarily responsible for the planning of engagement(s), managing client accounts, gathering, validating and evaluating client information, generating Tax Compliance products and assuring quality. Serve as a point of contact for the engagement(s). Also, act as a counsellor for Assistant Manager.
Your client responsibilities:
- Responsible for client accounts;
- Ability to get the work completed within client deadlines and meet the due dates for filing;
- Assists the Assistant Manager with their queries and clarifies their questions;
- Communicates directly with the onshore engagement teams / clients.
- Manage own and/or other s impact on project economics, including controlling costs, monitoring budget to actual differences
- Develops, mentors and supervises Advance Analyst(s), Tax Senior(s) and Assistant Manager(s)
- May act as a Counsellor
- Adheres to practice protocols and other internal processes consistently
- Upon approval by the TAL, the Manager may sign the federal and state tax returns as paid preparer.
Your people responsibilities - as an Manager you will:
- Develop people by encouraging individuals to think for themselves and take responsibility for their contribution to the team.
- Successfully delegate to all levels of staff/seniors.
- Demonstrate leadership and executive presence
- Conduct performance reviews, serve as a positive leader and mentor and contribute to performance feedback/training.
- Foster teamwork and lead by example.
- Use technology to share knowledge with team members and enhance service delivery.
- Maintain an educational program to continually develop skills.
- Maintain cooperative relationships with other engagement teams.
- Articulate and support the strategies of the GCR US FSO group.
- Effectively fulfil the role of a change agent
- Possess high degree of analytical and analyzing capabilities.
- Posses good communication Skills
- Demonstrate high degree of accounting and analytical skills..
- Demonstrate good computer knowledge - Good knowledge in MS Excel and a basic knowledge of other MS Office, Web-based applications.
- Be a team-player.
We are looking for the candidates with the following: (Qualifications)
- Graduate/Post graduate in a finance, numerical or statistical background
- CPA will be an added advantage
- 4 to 6 years of experience
- FSO- Senior/Assistant Manager
Job purpose:
- Develop, mentor and supervise Analysts and Advanced Analysts:
- Act as a counselor for 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
In addition to specific competencies required for your role, you will also focus on developing the following in relation to firm-wide competencies:
- 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.
- Maintaining focus of team members on work products; holding others accountable for timely completion of high-quality work.
- Showing a sense of urgency in responding to clients and team s needs by responding to all queries/concerns promptly.
- Focusing team members on key quality drivers for work assignments
- Building positive relationships with internal professionals and client personnel by demonstrating integrity and genuineness
We are looking for the candidates with the following: (Qualifications)
- Graduate or Post Graduate in Finance- At least 6 months-3 years of experience, preferably in the similar field.
Employment Type: Full Time, Permanent
Read full job descriptionPrepare for Partner roles with real interview advice
Top Ernst & Young Partner Interview Questions
Q1. 1. What is Virtual DOM? How does it work & Its algorithm? 2. React component life cycle in detail? 3. Higher-order components? 4. Basic ... read more
asked in
Senior Consultant interview
Q2. Covid Vaccination Distribution Problem As the Government ramps up vaccination drives to combat the second wave of Covid-19, you are tasked ... read more
asked in
React Developer interview
Q3. Risk management experience and audit work experience?
asked in
Senior Consultant interview
What people at Ernst & Young are saying
Partner salary at Ernst & Young
reported by
48
employees
with 13-23
years exp.
₹78
L/yr - ₹160
L/yr
188%
more
than the average Partner Salary in India
View more details
What Ernst & Young employees are saying about work life
based on 10.9k employees
Flexible timing
Monday to Friday
No travel
Day Shift
Ernst & Young Benefits
View more benefits
Compare Ernst & Young with
Deloitte
Compare
PwC
Compare
EY Global Delivery Services ( EY GDS)
Compare
Accenture
Compare
Cognizant
Compare
TCS
Compare
Amazon
Compare
Wipro
Compare
Capgemini
Compare
IBM
Compare
Compare
Microsoft Corporation
Compare
Infosys
Compare
KPMG India
Compare
Bain & Company
Compare
McKinsey & Company
Compare
BCG
Compare
ZS
Compare
Mercer
Compare
Willis Towers Watson
Compare
Similar Jobs for you
Ernst & Young Bangalore / Bengaluru Office Locations
Bangalore Office
Ernst & Young, 3rd Floor, Tower C, RMZ Infinity Municipal No. 3, Survey No 1477/2 & 10, Old Madras Road, Benniganahalli, K.R. Puram
Bangalore
Karnataka 560016
Karnataka 560016
Bengaluru Office
Ernst & Young
Tower C, 3rd Floor, RMZ Infinity
Municipal No. 3, Old Madras Road
Survey No 1477/2 & 10
Benniganahalli, K.R. Puram
560016 Bengaluru
Ernst & Young
UB City, Canberra Block
12th & 13th Floor
No. 24, Vittal Mallya Road
Bengaluru
Bengaluru
560001
560001
Business Continuity Management Senior - MENA
3-6 Yrs
Kochi, Bangalore / Bengaluru, Thiruvananthapuram
Internal Audit - Senior- Consumer Products & Retail (CPR) Sector
1-6 Yrs
Hyderabad / Secunderabad, Bangalore / Bengaluru, Delhi/Ncr
Internal Audit - Life Sciences - Manager
7-12 Yrs
Hyderabad / Secunderabad, Bangalore / Bengaluru, Delhi/Ncr
Senior- Internal controls & SOX
1-6 Yrs
Kolkata, Bangalore / Bengaluru, Delhi/Ncr
Recently Viewed
SALARIES
Taeyang Metal
SALARIES
Radha Smelters
SALARIES
Oswal Castings
SALARIES
Zetek Castings
SALARIES
Maan Aluminium
SALARIES
Wipro
SALARIES
Shell
SALARIES
Tagit Pte
JOBS
SuperStuff
No Jobs
Share an Interview
How was your last interview experience?
Feedback
