EY BBC - Real Estate US Tax Manager - Bahamas
EY
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.
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.
Join our Financial Services Office (FSO) and you will work with multi-disciplinary teams from around the world to deliver a global market perspective. Aligned to key industry groups including asset management and private equity, banking and capital markets, insurance, and real estate, we provide integrated assurance, consulting, strategy & transactions, and tax services to our clients. As a market segment of the FSO, the BBC includes the Bahamas, Bermuda, British Virgin Islands, and Cayman Islands. By joining the BBC, you will receive unmatched exposure and experience to our continuously growing portfolio of diverse FSO clients.
The opportunity
EY’s FSO tax practice provides comprehensive and specialized tax assistance tailored to the unique needs of the real estate industry. You would join our tax professionals who are knowledgeable and experienced with varied and specialized facets of global investment fund, private equity fund and real estate fund taxation, including fund and organizational structuring, tax compliance, and on-call advice.
Your key responsibilities
As a manager in our real estate tax practice, you will be responsible for managing and coordinating US tax compliance and tax advisory work for clients. You will work on key client issues in US federal, international and state and local taxation with a focus on implementing tax strategies that align with the client's business objectives.
You will manage US tax compliance accounts for real estate funds and/or private equity funds. You will review and analyze extensive portfolio of investments and relevant financial data, make appropriate tax adjustments, and review various federal tax returns (Form 1065, Form 1120, Form 1120-REIT) as well as Schedule K-1 & K-3s packages for the investors. You will be responsible for reviewing partnership agreements and private placement memorandums for US tax implications of items such as book and tax allocations, management and incentive fees.
Additionally, you will manage the day-to-day activities on the engagement accounts and oversee the coordination with the client and various EY internal teams spread across various locations.
Skills and attributes for success
- Strong technical knowledge in the real estate tax area
- Ability to analyze financial statements for tax character and identify book-to-tax differences
- Ability to identify key tax technical issues and raise the appropriate questions before the work is sent for review to the partner or senior manager and consult accordingly when necessary
- Build impactful relationships with new and existing clients and maintain relationships with firm leadership
- Managing multiple work assignments and deadlines
- Managing budgets, projects and people
- Ability to teach or assist with firm in-house trainings
- Creating a positive and trusting environment where team members know each other and feel a part of their team
To qualify for the role you must have
- A Bachelor’s degree in an accounting, finance or a business discipline, and a minimum of 5 years of relevant tax experience; or an advanced degree in tax or law and a minimum of 4 years of relevant tax experience
- A CPA (or equivalent internationally recognized accounting designation), Enrolled Agent and/or LLM certification is required
- The ideal candidate would have experience serving clients in the real estate industry, which may include private equity funds, Real Estate Investment Trusts (REITs), Regulated Investment Companies (RICs) or other investment vehicles
- Broad exposure to federal income taxation as well as state and local tax
Ideally, you’ll also have
- Excellent managerial, leadership, organizational, and verbal/written communication skills
- Demonstrated skills in mentoring and training others
- A thorough understanding of building client relationships
What we look for
We’re interested in experienced tax professionals with a collaborative, client-focused approach to work. You’ll need strong communication skills and the ability to effectively prioritize when working with multiple clients and engagement teams. If you’re a naturally curious problem-solver with confidence to get involved and support colleagues and clients across the business, this role is for you.
What we offer
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, dental and vision coverage, competitive pension plan, generous vacation and leave entitlement(s), and a range of programs and benefits designed to support your physical, financial and social well-being. Plus, we offer:
- 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.
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