Tax Accountant, Tax, Global Compliance & Reporting (Real Estate) (Senior) (Multiple Positions)

at ERNST & YOUNG U.S. LLP in Chicago, Illinois, United States

Job Description

Tax Accountant, Tax, Global Compliance & Reporting (Real Estate) (Senior) (Multiple Positions), Ernst & Young U.S. LLP, Chicago, IL.

Focus on tax guidance, planning, and compliance for public and private companies including: REITs (Real Estate Investment Trusts), homebuilders, low-income housing, real estate core and opportunity funds, developers, construction companies, hotel companies, private equity firms, and brokerage companies. Perform transactions and basis calculations. Provide audit support for all clients including REIT testing and tax provisions for taxable REIT subsidiaries and “blocker corporations”. Review tax compliance process for international Real Estate funds and Schedule K-1 tax reporting packages to US investors, tax returns, and tax projections throughout the year.

Consistently deliver quality client services by monitoring progress. Demonstrate in-depth technical capabilities and professional knowledge. Maintain long-term client relationships and networks. Cultivate business development opportunities.

Full time employment, Monday – Friday, 40 hours per week, 8:30 am – 5:30 pm.

MINIMUM REQUIREMENTS:

Bachelor’s degree in Accounting, Business, Finance, Law, Statistics, Tax or a related field, plus 2 years of post-bachelor’s progressive experience; OR Master’s degree in Accounting, Business, Finance, Law, Statistics, Tax or a related field, plus 1 year of related experience.

Must have 1 year of experience in 2 of the following: 

- Section 704 (b) and (c) capital account maintenance; 

- US withholding on FDAP; 

- ECI or FIRPTA income; 

- REIT income; and/or

- Asset testing.

Must have 1 year of experience with Go System, ProSystem fx, and/or One Source; RIA Checkpoint tax research or CCH; and, Microsoft office suite.

Must have 1 year of real estate pass-through experience in a professional services firm, or mid-size/regional to large sized/national public accounting firm

Domestic travel required 20% to meet client needs.

Employer will accept any suitable combination of education, training, or experience.

Please apply on-line at ey.com/en_us/careers and click on “Careers – Job Search”, then “Search Jobs” (Job Number – 1495900).

What we offer

We offer a comprehensive compensation and benefits package where you’ll be rewarded based on your performance and recognized for the value you bring to our business. The base salary for this job is $88,370.00 per year. In addition, our Total Rewards package includes medical and dental coverage, pension and 401(k) plans, and a wide range of paid time off options. Under our flexible vacation policy, you’ll decide how much vacation time you need based on your own personal circumstances. You’ll also be granted time off for designated EY Paid Holidays, Winter/Summer breaks, Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-being.

• 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.

If you can demonstrate that you meet the criteria above, please contact us as soon as possible.

The exceptional EY experience. It’s yours to build.

EY | Building a better working world

EY exists to build a better working world, helping to create long-term value for clients, people and society and build trust in the capital markets.

Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate.

Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today.

EY is an equal opportunity, affirmative action employer providing equal employment opportunities to applicants and employees without regard to race, color, religion, age, sex, sexual orientation, gender identity/expression, pregnancy, genetic information, national origin, protected veteran status, disability status, or any other legally protected basis, including arrest and conviction records, in accordance with applicable law.

EY is committed to providing reasonable accommodation to qualified individuals with disabilities, including veterans with disabilities. If you have a disability and either need assistance applying online or need to request an accommodation during any part of the application process, please call 1-800-EY-HELP3, type Option 2 (HR-related inquiries) and then type Option 1 (HR Shared Services Center), which will route you to EY’s Talent Shared Services Team or email SSC Customer Support at ssc.customersupport@ey.com.