Tax Expert for Investment Funds

2 weeks ago


Old Toronto, Canada Scotiabank Full time

About the Role

We are seeking a highly skilled Tax Expert to join our team in Canada. As a Senior Manager, Tax Reporting & Planning, you will play a crucial role in ensuring the compliance of Canadian investment funds with all applicable tax regulations.

Key Responsibilities

  • Oversight of monthly/quarterly/mock/year-end distributions for the investment funds
  • Management of compliance in all tax areas, including investor tax slips reconciliation and reporting, FATCA/CRS, annual tax returns for trusts, corporations, and limited partnerships, GST/HST filings, and other tax filings as required
  • Review and guidance on fund specific transactions, such as daily corporate actions, fund mergers, etc.
  • Liaison with internal clients, Sales and Marketing, on various initiatives, and advisory to Product Development on tax matters related to fund reorganizations and new investment product launches
  • Advisory to other teams within the Tax COE on client Canadian and US tax withholdings/remittance & reporting
  • Subject matter expert for tax related queries from Customer Relations Centre and/or the Sales team
  • Liaison with internal, financial, and CRA auditors during audits
  • Liaison with service providers and acting as a contact person with tax authorities
  • Coordination and review of work performed by foreign tax agents
  • Management of tax vs. GAAP differences and close collaboration with the preparation of financial statements

Requirements

  • CPA designation
  • A minimum of 7 years' experience in the tax practice of a public accounting firm or equivalent industry experience
  • Completion of CPA In-Depth Tax Program is an asset
  • Previous exposure to a full range of tax issues affecting investment funds, including GST/HST and registered products
  • Knowledge of FATCA and CRS requirements, including providing guidance and reporting
  • Qualified Intermediary (QI) compliance and related reporting
  • Experience with tax reporting for trusts, corporations, and limited partnerships
  • Advanced knowledge of MS Office applications
  • Strong attention to detail and ability to work effectively while managing multiple tasks
  • Innovative thinking, focused on improving control effectiveness and efficiency
  • Excellent communication, relationship, influencing and interpersonal skills

Location

This position is located in Toronto, Ontario, Canada.

Salary Range

The estimated salary for this position is $120,000 - $180,000 per year, depending on experience.


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