Business Tax Services – Advanced Analyst

Tax Services Associate Analyst – EY FTTS

Our EY tax practice is made up of a team of professionals providing specialized tax technical services to both US and global clients. This team operates in a technical environment with deep process and service delivery experience that distinguishes EY in the marketplace.

The opportunity

When you join EY, you’ll be at the heart of EY’s critical mission to build a better working world by applying your knowledge, skills and experience in assisting clients in meeting their business objectives. You will learn, grow and contribute — building new relationships and discovering the satisfaction that comes with producing high-quality, valued work and advice.

Your key responsibilities

You’re likely to spend your time on a diverse array of projects, responsibilities and tasks, supporting client engagements by participating in day-to-day interactions with team members, providing a quality work product and driving delivery of services to meet deadlines.  You will support the Fiduciary/Trust Tax Services practice with the preparation and delivery of tax information statements, tax returns and related reporting for agency, custody and fiduciary accounts for tax compliance engagements with banks, wealth management firms, trust companies and law firms.  You’ll be working in a highly collaborative culture, where listening to and sharing information with colleagues is an essential part of the role.

Skills and attributes for success

• Timely, efficient and accurate support of the production of tax information statements, tax returns and related reporting in a volume-driven environment within deadline-driven time frames established by governmental agencies and as dictated by the performance standards set forth by the practice’s clients
• Balancing time between multiple projects and responsibilities, working with multiple engagement teams to serve multiple clients
• Learning the differences between various trust accounting systems and how to obtain account data, evaluating the accuracy of such data, and applying knowledge of tax laws and regulatory guidance to make recommendations supporting accuracy in tax reporting
• Analyzing bridged account data to identify potential errors and omissions and applying knowledge of basic tax concepts to make decisions and take action to modify tax coding or reporting pertaining to assets, transactions, income, expenses, and beneficiary allocations to support accuracy in tax reporting
• Support billing for tax compliance and related services
• Basic client data review related to account, beneficiary and transaction data to identify and correct data bridging errors or omissions based upon professional judgement, informed by training and provided documented guidance
• Assist engagement team with reconciliation of client account database and tax filings to ensure complete, accurate and timely filing of tax returns; identifying and resolving reconciliation discrepancies
• Routinely communicating with immediate supervisor and colleagues to obtain guidance and instruction pertaining to performance of tax compliance activities, provide updates on status of work, and discuss recommendations concerning correction of client bridged-data to support accuracy and consistency in tax reporting
• Reconciling routine billing discrepancies

To qualify for the role you must have

• Bachelor degree or equivalent experience (Accounting, Business, Finance or equivalent degree preferred)
• Knowledge of Microsoft Office Suite and ability to learn other software applications
• Ability to work effectively both independently and with a team, assist with a variety of projects of varying degrees of complexity
• Leverage knowledge gained through education and on-the-job experience as well internal and external training and coaching to perform essential functions of the job
• Good organizational and verbal/written communication skills
• Ability to follow a standardized process and ask questions when needed
• Prioritization of assignments to ensure appropriate workflow and timely production of client deliverables

Ideally, you’ll also have

• Strong analytical skills and attention to detail

• The ability to adapt your work style to work with both internal and client team members