NTD - New York - International Tax Quantitative Services (ITqS) Intern - Summer 2021

Job description

National Tax – International Tax Quantitative Services (ITqS) - Intern

To submit your EY application, you must complete the below 4 steps:

·  Step 1: Apply using your school’s online recruiting system for only one of our positions
·  Step 2: Apply through our online system at www.ey.com/us/apply. Select the job description for which you are applying: Campus Full Time, Intern, or MBA Application
·  Step 3: Complete our Candidate Collect Form here (INSERT LINK)
·  Step 4: Complete a Game Based Assessment via HireVue. Assessment link will be emailed to you separately once you have completed steps 1-3.

Handling tax for a large, sophisticated organization takes more than just a technical understanding of current tax practices. Tax Reform passed in 2017 has further created a need for more qualified professionals.  As an International Tax Quantitative Services Intern, we’ll look to your knowledge across a wide range of tax areas and processes, devising effective outcomes to some of the most complex challenges around. You’ll work with some of the world’s most prestigious businesses, and in return you can expect an incredible range of projects and responsibilities that will support your career growth.

An introduction to the National Tax Department and ITqS

EY’s National Tax Department (NTD) serves high-profile, national and multinational clients and is led by nationally recognized tax professionals who represent some of the firm’s most senior tax talent.

EY’s International Tax and Transaction Services (ITTS) practice, comprising both National Tax and regional professionals, helps multinational companies align their global tax positions with their business strategies to maintain competitive advantage and provide shareholder value. ITTS teams support clients’ cross-border transactions, assess their international tax attributes and strategies, and provide a range of services, including transfer pricing and tax-effective supply chain management. The focus of the ITqS group is to assist companies in determining, reporting and managing their US tax attributes using quantitative analyses and modeling related to their international operations.

What this means for you

At EY, we know it’s your point of view, energy and enthusiasm that make the difference. We currently have exceptional learning opportunities for tax staff to team with more experienced colleagues to serve our clients. As an ITqS staff, you will work with the National ITqS Leader, others in the National ITqS group and local office teams in the design and execution of complex ITqS projects with clients of the firm. Projects will include assisting clients with US international information reporting, computing US tax attributes related to international operations, modeling the effects of proposed US international tax legislation, and advising clients on improvements to their tax provision processes. 

Your key responsibilities

Daily activities include working with internal and external clients to determine process pain points and designing technology-driven solutions to alleviate these pain points. Candidates will work with MS SQL, C# and VBA, while further developing their international tax technical skills. This role includes the design, implementation and deployment of quantitative models and standardized processes to assist the ITqS practice in efficiently meeting our clients’ needs.

 ITqS projects include those involving:

·  Compliance (e.g., IRS Forms 1118, 5471, 8858, 8865)
·  Attributes (e.g., earnings and profits, tax basis, foreign tax credit)
·  Modeling (e.g., transactional, legislative, controversy)
·  Provision (e.g., process, remediation)

Skills and attributes for success

·  Identifying and answering complex domestic and international tax issues
·  Providing technical tax advice and planning services to a portfolio of projects
·  Desire to learn and specialize in new tax legislation and how it impacts clients
·  Building long-lasting relationships with our clients, developing your understanding of their unique needs and requirements
·  Technology and data analytic skills to:
·  Model/quantify the impact of tax reform legislation on client’s global structure
·  Identify potential planning opportunities based on client data
·  Proficiency in Microsoft Excel, and ability to learn Microsoft Access and other data software programs
·  Experience in foreign tax credit calculations, including foreign source income and mechanics of expense allocation

To qualify for the role you must have

·  Or be working towards, a bachelor’s or master’s degree in accounting or other relevant degree. A minor/dual degree in accounting information systems preferred
·  Pursuing the CPA certification
·  Familiarity of advanced Microsoft Office programming (e.g., Excel, Access and VBA)
·  Interest in learning the following technologies: C#, Visual Basic, .NET and Microsoft SQL Server
·  Excellent quantitative and modeling skills
·  Excellent project management skills combined with interest and experience in process improvement and efficiency
·  Excellent analytical, organizational, technological and verbal/written communication skills

What we look for

We’re looking for knowledgeable technical professionals with an excellent general knowledge of both international and domestic tax. You’ll need excellent business acumen and a firm strategic vision, so if you are ready to bring it to life by developing your team, this role is for you.

What working at EY offers

If you join EY full-time after your internship, 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 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.

Plus, we offer:

·  Support and coaching from some of the most engaging colleagues in the profession
·  Opportunities to develop new skills and progress in your career
·  Gained flexibility through two-way communication and commitment with your engagement teams

About EY

As a global leader in assurance, tax, strategy and transaction services and consulting services, we hire and develop the most passionate people in their field to help build a better working world. This starts with a culture that believes in giving you the training, opportunities and creative freedom to make things better. So that whenever you join, however long you stay, the exceptional EY experience lasts a lifetime.

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

Make your mark. Apply today

EY provides equal employment opportunities to applicants and employees without regard to race, color, religion, age, sex, sexual orientation, gender identity/expression, national origin, protected veteran status, disability status, or any other legally protected basis, in accordance with applicable law.