Workforce Advisory Tax Technical Intern (May 2024)

About EY

EY, a leading global professional services organization, is dedicated to building a better working world. With a strong commitment to quality & integrity, they offer a wide range of services including auditing, consulting, & tax advisory. Through innovative solutions and a diverse team of professionals, they help clients navigate complexities & drive sustainable growth in today's dynamic business landscape.

Your role

The opportunity: your next adventure awaits.

People Advisory Services (PAS) offers candidates like you an opportunity for a completely tailored, independently driven, and leadership-sponsored career path. By being involved in several experiences, you will broaden your knowledge and gain a better understanding of the people initiatives that impact HR, cost, and tax, as well as the overall business strategy and function of their clients. Prioritizing your development in this way, along with providing access to extensive resources and tools will add momentum to your career at a highly accelerated pace.  

Within Tax Technical, you’ll work with global clients to understand and address some of their largest and most complex people-related challenges and ultimately improve and drive sustainable business results. As part of this, you’ll gain valuable experiences and a wealth of knowledge by working across capabilities, offerings, sectors, and geographies. At EY, they trust their employees to deliver exceptional work – allowing entry-level employees to prove they can perform well beyond their years.

You’re likely to assist your team in several tasks including designing executive compensation programs and assessing tax, or financial HR risks in connection with transactions (e.g., mergers, acquisitions, spin-offs, carve-outs, etc.). Your role will include among other things, managing and monitoring data sites, reviewing relevant documentation, understanding a target company’s compensation and benefits programs, assessing HR risk associated with those arrangements, advising on strategy and design of compensation and benefit programs, and drafting reports. In addition, you’ll be joining a team that is the firm resource for tax technical and regulatory matters as it relates to compensation & benefits.

Your key responsibilities:

• Developing relevant and flexible tax-compliant compensation, benefit, and incentive approaches for clients, including:
  • Advising clients on regulatory matters and the taxation of compensation and benefit programs, including U.S. and global programs
  • Benchmarking and designing executive and broad-based compensation and benefit arrangements
  • Developing and reviewing proxy disclosures related to executive compensation
• Supporting clients in complex transactions (mergers, acquisitions and divestitures), including:
  • Conducting financial due diligence on HR, compensation, and benefit programs
  • Identifying tax, financial, and regulatory risks related to compensation and benefits and a target company’s broader HR function
  • Performing golden parachute / Section 280G calculations in connection with transactions
  • Assessing operational readiness for a transaction
  • Advising on the tax and financial implications of severance and executive compensation arrangements
  • Developing strategies for HR, compensation, and benefit programs
• Drafting technical memorandums and opinions addressing various Internal Revenue Code Sections, including, but not limited to, 83, 162(m), 280G, and 409A.
• Providing support to EY’s Tax, Assurance, and Consulting functions as compensation and benefits subject matter resource.

Training & development

Here at EY, you’ll have the chance to build a truly exceptional experience. They’ll empower you with the latest technology, surround you with high-performing teams, and provide the global scale and diverse and inclusive culture you need to discover your full potential. Through their coaching and training programs, you’ll develop the skillsets you need to stay relevant today and, in the future.

Salary & benefits

The hourly pay range for this job is $39.42 - $43.27.

What’s in it for you:

• Accelerate your technical capabilities and transformative leadership skills with future-focused courses and development programs.
• Broaden your horizons by working on highly integrated teams across the globe and collaborate with people of diverse backgrounds - both professionally and culturally.
• Bring out the best in yourself with continuous investment in your personal well-being and career development.
• Develop your purpose and help them create a positive ripple effect on their teams, business, clients, and society - building a better working world, together.
• A competitive compensation package where you'll be rewarded based on your performance and recognized for the value you bring to their business. 

Career progression

At EY with energy, drive, and imagination, there’s no limit to where your career can go. Mentored by industry leaders, they navigate through a culture of innovation, gaining insights and skills pivotal for ascending into consultant positions. This nurturing environment paves the way for interns to evolve into future leaders, embodying EY's commitment to building a better working world.

Work-life balance

EY Way of Work recognizes flexibility in the way they collaborate, innovate, and deliver with the ability to work in-person and remotely. To support a healthy and safe in-person working environment, EY has implemented various layers of health and safety controls while working in the office or at clients or other locations. EY helps you get your work done responsibly and flexibly while managing your busy life.

Culture & vibe

EY is committed to helping diverse talent thrive, whether it’s through their support for working parents, their innovative approach to student recruitment, or targeted action to level the playing field for women and ethnic minorities. Diversity and inclusiveness are at the heart of who they are and how they work. EY is committed to fostering an environment where differences are valued, policies and practices are equitable, and people feel a sense of belonging.

About you

What they look for:

• You have an agile, growth-oriented mindset. What you know matters. But the right mindset is just as important in determining success. They’re looking for innovative people, who can work in an agile way and keep pace with a rapidly changing world.
• You are curious and purpose-driven. They’re looking for people who see opportunities instead of challenges, who ask better questions to seek better answers that build a better working world.
• You are inclusive. They’re looking for people who seek out and embrace diverse perspectives, who value differences, and team inclusively to build safety and trust.

Qualifications:

• A predicted undergraduate or graduate degree in Accounting, Human Resources, Business, or Industrial Relations; supported by a strong academic record. 
• A demonstrable plan for passing the CPA exam for accounting majors or plan to become an enrolled agent for other majors.
• Flexibility and willingness to travel.
• Proficiency in MS Office, MS Excel, and MS PowerPoint.
• Demonstrated analytical and problem-solving skills.
• Strong quantitative acumen, including outstanding analytical ability.
• Strong follow-through skills and attention to detail.
• Effective project management skills, including effective organization and time management skills with the ability to work under pressure and adhere to project deadlines.
• Excellent communication (written and verbal) skills.
• A driver’s license valid in the U.S.

Sources

The following sources were used in researching this page:

• ey.com/en_us/careers
• youtube.com/@ernstyoung