Tax Compliance Manager
6 days ago
Scotiabank is seeking a Tax Compliance Manager - Financial Institutions to join our team. In this role, you will be responsible for managing sales tax compliance for the Bank and its domestic subsidiaries.
Key Responsibilities:- Accurate and Timely Sales Tax Compliance: Prepare or review annual GST returns and quarterly installment payments for the Bank and domestic subsidiaries, ensuring accurate and timely completion of sales tax obligations.
- Oversight and Management of Information Systems: Recommend the development of new/enhanced commodity tax reporting systems/policies, procedures, and controls to meet requirements, changing circumstances, and existing inefficiencies for the Bank and its domestic subsidiaries.
- Sales Tax Subject Matter Expert: Provide assistance to Director, Sales Tax in providing advice and counsel to business/finance units on the sales tax implications of new products and services, ensuring efficient transactions and minimizing potential liabilities.
- Management of Sales Tax Audits: Liaise with government tax auditors as part of the sales tax audits of the Bank and domestic subsidiaries, preparing technical analysis to respond to audit queries and ensuring compliance with regulatory requirements.
- Maintenance of Knowledge: Maintain up-to-date knowledge of GST, HST, and PST legislation, jurisprudence, and government assessing practices to understand the potential impact on the Bank's operations and proactively communicate these changes to business units through email correspondence, one-on-one discussions, or group meetings/presentations.
- Minimum 5-8 Years of Dedicated Sales Tax Experience: Preferably in a financial institution or serving clients in the financial services sector, with a strong understanding of sales tax laws and regulations.
- Certification and Education: Completion of the CPA in-Depth GST/HST course is required; completion of the GST/HST course in Financial Services would be an asset.
- Data Analytics Tools: Experience in data analytics tools such as Alteryx, demonstrating proficiency in extracting insights from complex data sets.
As one of North America's premier financial institutions, Scotiabank offers a wide range of career opportunities across various sectors, including finance, technology, and customer service. Our employees are driven by a passion for innovation and a commitment to delivering exceptional customer experiences.
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