Intermediate Tax Accountant

Prasad & Company LLP; Vaughan; On-site; CAD 50,000 - 90,000; Full time

Job summary

An established industry player is looking for an Intermediate Tax Accountant to join their dynamic team. This role offers a unique opportunity to specialize in tax while working closely with clients across various sectors. You will manage tax projects, assist in audits, and ensure compliance with Canadian tax laws. The firm boasts a supportive culture, emphasizing trust and innovation, and provides a competitive compensation package, including health benefits and opportunities for professional growth. If you're ready to take your career to the next level in a collaborative environment, this position is perfect for you.

Benefits

Health Spending Account

Group Benefits

Paid Time Off Program

Bonus programs

Commission program

Pathway to Partnership Program

Opportunities for growth and development

Qualifications

• Minimum 2 years of experience preparing personal, partnership, and corporate tax files.
• Willingness to enroll in the Tax In-depth Program.

Responsibilities

• Manage assigned tax projects ensuring timely completion.
• Review Canadian tax engagements and ensure compliance with standards.
• Assist in CRA Tax Audit projects and prepare technical reports.

Skills

Advanced knowledge of the Canadian Income Tax Act

Communication skills

Organization and time management

Problem-solving skills

Flexibility and initiative

Attention to detail

Education

Post-secondary education in accounting or finance

Tools

Tax Cycle

CaseWare

Jazz IT

Job description

Prasad & Company LLP is seeking an Intermediate Tax Accountant to join our team.

Prasad & Company LLP provides essential services to a varying array of businesses, not-for-profit organizations, and personal clients. Prasad & Company LLP thrives on a family-style boutique practice which allows partners, managers, and staff alike to work closely with clients in a full range of services including business advisory, assurance, tax preparation, and estate and business succession planning.

Intermediate Tax Accountants are mentored by senior tax accountants and assist/provide support for tax engagements. This is ideal for a professional looking to specialize in tax.

As a certified Great Place to Work, our firm has a culture based on trust, transparency, innovation, and team spirit. We offer an extremely competitive compensation package including a Health Spending Account, Group Benefits, a Paid Time Off Program, various bonus programs, a commission program, a Pathway to Partnership Program, opportunities for growth and development, and so much more.

Key Responsibilities:

• Manage assigned tax projects to ensure they are filed/completed by the due date. Projects may include T1, T2 NIL, T2, T3, T4, T5, T1134, and T1135.
• Conduct research and revise organizational charts for Tax Reorg projects as requested.
• Assist in CRA Tax Audit projects as assigned.
• Review Canadian tax engagements including the completion of corporate tax provisions and returns, year-end tax forms (T4s/T5s), calculating and reviewing share capital, and ensuring compliance with government standards.
• Complete research and participate in meetings to advise clients on corporate reorganizations for tax purposes including tax-free rollovers, engagement planning, the collection of data, and the development of step plans.
• Review personal tax returns with clients.
• Participate in the review of legal documents such as corporate minute books, articles of incorporation, purchase agreements, and amalgamation agreements to identify tax issues and opportunities.
• Correspond with clients and various government agencies to address tax compliance issues.
• Prepare correspondence, technical reports, client summaries, and presentations outlining findings, facts, and highlights resulting from the client engagement.
• Investigate and correct discrepancies/irregularities in financial entries, documents, and reports.
• Apply knowledge of the Canadian Income Tax Act and related legislation to assigned projects.
• Identify tax opportunities and develop and implement tax strategies.
• Maintain high-quality control by reviewing tax returns and other work done by other team members for accuracy and completeness; provide feedback to team members.
• Monitor project timelines against targets, adjust where necessary; advise clients of project status and seek clarification on discrepancies where applicable.
• Contribute to the development of new ideas and approaches to improve work processes.
• Assist with the training and development of junior team members.
• Participate in weekly tax meetings and collaborate with the Tax Team to achieve deliverables.
• Liaise and correspond professionally with clients, colleagues, and the firm leadership team.

Skills and Requirements:

• Advanced knowledge of the Canadian Income Tax Act, CAS, and Canadian Review Standards.
• Minimum 2 years of experience preparing personal, partnership, and corporate tax files.
• Professional and clear communication skills; verbal and written.
• Willingness to enroll in the Tax In-depth Program.
• Experience in completing US Tax filing is an asset.
• Excellent organization and time management skills.
• Ability to exercise flexibility, initiative, good judgment/discretion, and strong attention to detail.
• Strong problem-solving skills.
• Experience with Tax Cycle, CaseWare, and Jazz IT.
• Ability to effectively work under pressure and handle stressful situations.
• Post-secondary education in accounting or finance is required or equivalent related experience.
• Must be able to work longer/extended hours in March and April, which may include some weekends.

Prasad & Company LLP is an equal opportunity employer committed to diversity and inclusion. Our goal is to attract, develop and retain highly talented employees from diverse backgrounds, allowing us to benefit from a wide variety of experiences and perspectives. We welcome and encourage applications from all qualified applicants. Accommodations for persons with disabilities required during the recruitment process are available upon request.

Thank you in advance for your interest. Only those candidates selected for interviews will be contacted.