The opportunity
EY is experiencing a significant increase in demand for the provision of tax services to private equity backed companies. This demand is being driven by a combination of a highly successful M&A tax team that works with a number of PE houses and generates a significant number of post-transaction opportunities, and a growing need from clients to engage with a tax adviser which can provide high quality, commercial and pragmatic tax advice across all areas and geographies.
The PE portfolio tax team at EY sits within the same group as the M&A tax and funds tax teams, enabling the provision of a comprehensive and joined-up tax service offering to the PE fund and its portfolio companies. The EY portfolio companies tax team is passionate about advising clients in this space, relishing not only the opportunity to advise on the myriad of tax of tax opportunities and risks that typically apply to such businesses throughout the investment lifecycle, but also forging close relationships with management teams and supporting them on their journey to an eventual exit.
We are looking for exceptional candidates that share the same passion and determination to join our PE portfolio tax team.
Overview of role
As a senior manager within the PE portfolio tax team at EY, you will support the partners and directors in managing the provision of tax services to our private equity backed clients. You will have responsibility for leading the day-to-day contact with our clients and overseeing the delivery of EY’s tax services to these clients, including the provision of the following throughout the investment lifecycle:
1. Tax advisory, including:
2. Post-acquisition support
3. Cash tax modelling
4. Group simplification and reorganisation
5. Exit readiness
6. Transactions:
7. Tax due diligence and structuring advice for acquisitions
8. Refinancings
9. Carve-outs and disposals
10. Vendor assistance
11. Transfer pricing
12. Indirect taxes
13. Employment taxes
14. Management equity plans and share schemes
15. Overseas and cross border tax advice
Key responsibilities
16. Building and maintaining tax relationships with CFOs, financial controllers and heads of tax at private equity backed clients.
17. Ensuring we provide the highest levels of service to our clients through the timely production of high quality tax deliverables.
18. Considering the use of AI and incorporating into the provision of our tax services.
19. Being an active part of the portfolio companies tax team, contributing to the strategy and management of the team.
20. Building networks and personal relationships both internally and externally.
21. Developing junior team members through coaching and mentoring.
22. Assisting partners and directors with the origination of tax opportunities on new and existing clients.
Skills and attributes for success
23. Strong technical and practical knowledge and experience of advising private equity backed companies and understanding the portfolio company lifecycle.
24. Client focused, strategically and commercially aware.
25. Experience of scoping, leading and managing UK tax advisory projects.
26. Excellent communicator in a range of situations, both written and oral.
27. Excellent project management skills, with the ability to plan and prioritise work, meet deadlines and manage budgets. Effective time management, ability to remain calm when under pressure to meet deadlines.
28. Ability to solve problems creatively and pragmatically, recognising both the tax technical and commercial implications of the advice given.
29. Business development skills, able to identify and convert opportunities to sell work.
To qualify for the role you must have
30. ACA / CA / CTA
31. Strong UK tax technical skills
32. Experience of coaching and developing more junior staff.
33. Experience of advising private equity backed clients.
What we look for:
34. Team player; ability to integrate with new teams quickly.
35. Outgoing with good relationship skills.
36. Proactive and constantly seeking opportunities to develop.
37. Energy and focus with an interest in taking on new challenges and developing yourself.
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