Corporate Taxation Specialist

1 day ago


Mississauga, Ontario, Canada Magellan Aerospace Corporation Full time

At Magellan Aerospace Corporation, we prioritize building professional relationships that thrive and invest in our employees' personal development. Employees are our greatest resource in working towards a successful future.

Job Overview

The Corporate Taxation Specialist plays a crucial role in the Corporate Finance team, focusing on domestic and global tax consequences to Magellan. As a key member of this team, the individual will oversee the company's insurance plans and international tax audits.

Average salary for this position in Canada is approximately $120,000 - $180,000 per year, depending on experience.

Key Responsibilities
  • Prepare and review complex Canadian and multi-state corporate tax returns.
  • Analyze, interpret, and apply accounting rules, tax laws, regulations, rulings, and court decisions.
  • Research complicated tax law and accounting principles, drafting and/or reviewing technical memos or outlines.
  • Support in preparing year-end and quarterly IAS 12 analysis and review to ensure consolidated tax provision is timely and accurately forecasted and reported in accordance with IFRS.
  • Establish strong working relations with Legal entity controllers and Business Unit finance areas to understand general ledger mechanics, sub-systems, and other data sources.
  • Work with the financial reporting group on financial statement tax disclosures, including tax rate reconciliation and deferred tax detail.
  • Assist Business Units in resolving tax and tax compliance issues as they arise.
  • Manage and assist in all domestic and international tax audits, performing critical analysis of proposed positions.
  • Review prospective business to ascertain potential new reporting requirements and issues.
  • Work with Brokers and Business Units to gather and review renewal information for corporate insurance arrangements.
Requirements
  • 5+ years of Corporate income tax compliance and provision experience in a corporate tax department (preferred) or Public Accounting.
  • Advanced proficiency with Microsoft Office Suite, especially Excel.

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