Ernst & Young’s Tax Academy for graduates

Put your career on fast forward.

Join us at Ernst & Young.

Find out more about the Tax Academy and apply by 14 April 2008.

Welcome to the Tax Academy, an Ernst & Young project dedicated to graduates willing to develop their career as tax consultants.

If you want to be part of the 50 people selected to take part in a one day tax training provided by Ernst & Young specialists and with the opportunity to be hired at the end of the project, send over your application!

Here is what we are looking for:

• graduate with economical background
• strong academic results
• good analytical abilities
• willingness to learn more and develop a career in tax consultancy

Find out more about the Tax Academy and apply by 14 April 2008.

Ernst & Young in Romania

Since 1992, Ernst & Young Romania has been a leading company in the professional services market, delivering real added value to our clients. Our 450 dedicated professionals have extensive knowledge, deep technical skills and years of relevant experience in industries in which Ernst & Young is acknowledged as a market leader in Romania, specifically: financial services, utilities, oil and gas, telecommunications, automotive, consumer products, real estate, etc.

Ernst & Young professionals in Romania are experienced in all aspects of business services, particularly in the following areas:

· Assurance & Advisory Business Services

– Assurance Services

– Business Risk Advisory Services

– Technology Security & Risk Services

· Tax Advisory & Compliance Services

· Transaction Advisory Services

· Legal Services (through the affiliate law office)

Our personnel include both expatriates and nationals. A number of our national staff have been trained in our USA and Western European offices and have a wide variety of experience in audit, tax, legal, due diligence and other special assignments.

All of our national professional employees either have completed or are completing ACCA or equivalent programs to confirm their qualification in international accounting and auditing.

Ernst & Young Romania serves a wide range of organisations, from big multinational corporations to emerging local companies. Our clients include public and private companies, cooperatives, partnerships, trusts, non-profit organisations, mutual funds, public works and public bodies.

Ernst & Young Romania is a member of Ernst & Young Southeast Europe, who unifies the practices of ten countries in the region including Greece, Turkey, Bulgaria, Cyprus, Malta, Romania, and Moldova.

Ernst & Young SRL

Forum 2000 Building, 8^th Floor

75 Dr. N. Staicovici Street

Sector 5, 050557 Bucharest, Romania

Phone: (40) 21 402 4000

Fax: (40) 21 410 7052

E-mail: ey.graduates@ro.ey.com

Tax Advisory & Compliance Services

The success of businesses in today’s complex environment relies substantially on knowledgeable tax assistance to help companies improve their tax position and give them competitive advantage. Ernst & Young’s Tax practice is a leader in this arena.

Our taxation services are designed to assist enterprises in linking the tax strategies to their business needs, wherever they arise. We have put in place the right products to provide the best possible tax services and offer clients with a deep understanding of both technical and practical issues associated with doing business in Romania.

Supported by a worldwide network of 20,000 tax professionals, we ensure instant access to a range of domestic and international specialists to handle our client’s tax requests as they arise. Our team of local and international tax professionals comes up with solutions that complement our client’s business strategy. What really set us apart from the competition, though, are our people. Our clients tell us this, and so does market research. Our high caliber people are the prime reason clients turn to Ernst & Young year in and year out for tax services. That’s where you come in.

Ernst & Young Tax Services is looking for energetic individuals that will graduate in 2008 in Accounting, Finance or Economics University. If you have superior analytical and project management skills, you are team oriented, have strong interpersonal skills, and possess a commitment to learning, then keep reading to learn more about why Ernst & Young should be your choice.

A look at our structure

We are focused on working in a completely integrated manner and building value ideas supporting our client to enhance value, improve performance and streamline tax processes. Regardless the practice area, Ernst & Young will work closely with the client each step of the way, offering the best resources that respond to client’s tax advisory & compliance needs:

• International tax services
• Business tax services
• Indirect tax services
• Human capital services
• Transaction tax services

International Tax Services

All over the world, multinational businesses are increasingly affected by tax, legislative and regulatory developments. Understanding the impact of such developments on business operations and transactions between countries is vital for a company\'s success.

Ernst & Young, through its experienced International Tax Team, brings an integrated approach to international tax issues aimed at delivering commercial benefits to clients that substantially improve their tax position, add real value to their business, manage possible tax risks and boost their competitive advantage.

Business Tax Services

The continuous evolution of the business environment highlights the complex connection between tax planning, tax accounting and tax compliance.

Ernst & Young addresses this connection by providing seamless assistance through the tax life cycle. To do so a multifunctional structure was created: Business Tax Services comprising Business Tax Advisory Services, Business Tax Compliance Services and Tax Accounting & Risk Advisory Services.

Business Tax Advisory Services

Managing tax issues and building shareholder value stand out as the main challenge of our days. This gain in complexity, particularly when trying to handle strategy, compliance and risk.

Ernst & Young is ready to deal with such challenges by increasing the focus on delivering solutions tailored to suit individual business requirements. Our tax team can help you

Business Tax Compliance Services

Continuous globalization combined with economic uncertainty and increasing workload forces the tax function to achieve accurate and predictable results.

Ernst & Young realizes that companies’ business potential can be realized on the foundation of effective compliance and transparent reporting.

Tax Accounting & Risk Advisory Services

Tax Accounting and related internal controls is a key area for tax and finance functions today, mainly due to increasing demands by authorities for more transparency. Our deep understanding of regulation and legislation means that we can help with complex business issues so as to minimize risk and maximize value, cost-effectively.

Multi-disciplinary teams of Ernst & Young can help to improve corporate reporting and provide assurance that financial & tax related systems are effectively operating, within a well-controlled environment.

Indirect Tax Services

Private companies and entrepreneurs are highly affected by changes of indirect tax regulations all over the world. Keeping control over cash-flow and mitigation of their indirect taxes (VAT, customs duties, energy products-related taxes, etc.) is the key for companies’ survival.

Ernst & Young provides a range of services and solutions developed to ensure indirect tax planning. Our VAT specialists can advise on structuring your operations in order to ensure optimum tax advantages and, at the same time, managing the possible indirect tax risks, with the final aim of reducing costs.

Human capital services

Human capital services are developed to support companies understanding that their people create the most significant competitive advantage.

Ernst & Young helps clients improve business performance by maximizing the value of their human capital assets. By combining our experience on the Romanian market with our global expertise, we offer advisory services that enable your business to maintain peak operating performance and generate measurable results. Human capital services include Global Mobility and Performance & rewards.

Transaction Tax Services

Responding to market demands, companies are increasingly restructuring their activities in order to reassess and optimize their capital, as well as to align their business to their core strengths.

Ernst & Young through its integrated Tax and Transaction Advisory Practices addresses the concerns and issues that may appear during due diligence procedures undertaken in view of business restructuring. Ernst & Young attempts to provide a clear view on future restructuring confirming the interested players that there are no ‘downsides’.

Until 14 April 2008 – Collecting applications

14-18 April 2008 – Testing (English test, analytical abilities test) and interviews

19 April 2008 – Tax Academy day

Date: 19 April 2008

Time frame: 9:00am to 6:00pm

Place: Howard Johnson Hotel (5-7 Calea Dorobantilor, district 1, Bucharest)

Room: Arizona

Trainers: Alexandru Milcev, Tax Partner; Alina Timofti, Tax Senior Manager

Program:

08:30 am Registration & Coffee

09:00 am Taxation Overview – Part 1

11:00 am Coffee Break

11:20 am Taxation Overview – Part 2

01:00 pm Lunch Break

02:00 pm Taxation Overview – Part 3

04:30 pm Coffee Break

05:00 pm Taxation Overview – Technical test

- Job offers for over 20 candidates – 20 of 50 candidates selected for the Tax Academy will be provided with the opportunity to start a career as tax consultant with Ernst & Young

- Increased tax awareness that will be acknolwedged by appropriate Certificates of Completion – all participants to the Tax Academy will receive Certificates of Completion

- Awards for top candidates

- A learning experience provided by specialists in tax consultancy

Our Tax professionals typically follow one of two career tracks, in either Consulting or Compliance. Generally, entry-level tax consultants will participate in a broad spectrum of projects. You will focus on developing technical knowledge, project management skills, and client relationships. You will be expected to research complex tax issues and develop practical tax strategies. You will have ample opportunity to participate in client meetings and work within a team environment to deliver services to clients. Through our teaming culture, you will work with professionals from many departments and at every level, from fellow staff to partners, depending on the size of the engagement.

As a tax compliance entry-level professional, you will use an advanced, nationally standardized process to analyze data and prepare work papers based on professional standards. All of our Tax professionals have the great benefit of participating in a dynamic learning environment that combines formal and informal learning opportunities to build skills and knowledge.

APPLY NOW and start developing your career as tax consultant.