INTERVIEW: EY to hire 25,000 professionals in the tax department

• EY, a multinational professional services advisory firm has said it will hire 25,000 tax professionals globally.
• It will also be recruiting 6,000 people for its Global Delivery Services (GDS) tax team.
• Around 80% of the GDS tax team hiring will be done in India and the rest 20% will be done across the world.

EY, a London-based multinational professional services company, is looking to hire 25,000 tax professionals globally.

In an interview with Business Insider, EY said it will also recruit 6,000 employees for its Global Delivery Services (GDS) tax team across various countries including India.

GDS is a global delivery network which is a part of EY. It collaborates with the company’s team for various projects across countries like Argentina, China, India, the Philippines, the UK, Poland, Hungary and the United States — with teams from all EY service lines.

“I think globally, the tax department will be recruiting 25,000 professionals and GDS will have 6000 tax recruitments across multiple countries and that too in different areas,” Ashutosh Rathor, global tax GDS leader and global tax industry leader told Business Insider India in an exclusive interview.

Around 80% of the GDS tax team hiring will be done in India and the remaining 20% will be done in other locations around the world, said Rathor.

EY has offices in these cities in India — Bengaluru, Chennai, Gurugram, Kochi, Kolkata, Mumbai, Noida, Trivandrum and Hyderabad.

EY currently has around 65,000 professionals in the tax team and 14,000 in the GDS tax team.

EY hiring – here’s everything that aspirants should know

Professionals who know at least one foreign language will be given preference while being hired in the tax department.

“We are tapping into some of the best talent and beyond campus experienced tax professionals especially with foreign language skills. To work with global teams, we would need experts with French, German, and Italian languages and obviously tax technical areas where we have folks with experience,” Rathor said.

When we asked about particular skill sets the company is looking for in a candidate, Rathor said, “We are looking for skill sets ranging from income tax, corporate tax, indirect tax, individual tax, structuring and planning to legal managed services.”

The opportunity is not only limited for professionals who have been working in this field but also for freshers. The company has rolled out a global competition for freshers named as ‘EY Young Tax Professional of the Year’ who wish to start their careers in the tax profession.

EY also has internships on offer

Apart from hiring full-time professionals, EY also offers several internships for college students as part of the company’s campus recruitment drive in various departments like corporate tax, transfer pricing, indirect tax and tax technology. The company claims that they ultimately hire their interns as full-time employees.

“We have summer, spring and winter internships when students can join and learn and get hired for a full time career. Another program – Young Tax Professional of the year is a global program that EY runs globally.,” Rathor said.

Rathor added that the attrition rate in the last financial year stood at 14%, claiming that it is the lowest among its peers.

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