Manager, Canadian Insurance Tax

Sun Life Assurance Company of Canada; Toronto; Hybrid; CAD 120,000 - 180,000; Full time

Benefits offered by this job

Hybrid work environment

20 vacation days per year

Flexible Benefits

Pension and stock programs

Job summary

Sun Life Assurance Company of Canada is seeking a Manager, Canadian Insurance Tax to support tax reporting and compliance for our Canadian life-insurance entities. The role emphasizes CIF calculations, forecasting and provisions, with opportunities to automate processes and strengthen controls.

You will work with Tax, Finance and Investment teams, leveraging advanced Excel and data-management skills to ensure accuracy and timely tax reporting under IFRS.

Qualifications

• 5+ years of accounting/tax experience.
• Strong knowledge of Canadian tax and financial reporting for corporate entities.
• Advanced Excel and data manipulation skills.

Responsibilities

• Assist with CIF calculations and forecasting, planning and tax returns.
• Prepare and review Canadian income tax, partnership and capital tax returns.
• Ensure IFRS tax provisions and disclosures are accurate and timely.
• Support audits and drive process improvements for tax deliverables.

Skills

Tax accounting

Advanced Excel

Data analysis

Education

CPA designation preferred

Tools

Excel

Pivot Tables

TaxPrep

iFirm

Job description

You are as unique as your background, experience and point of view. Here, you'll be encouraged, empowered and challenged to be your best self. You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day, you'll have new and exciting opportunities to make life brighter for our Clients - who are at the heart of everything we do.

Job Description:

About the role:

The Manager, Canadian Insurance Tax plays a key role in supporting the Canadian tax reporting and compliance obligations of our Canadian insurance companies, with a primary focus on the Canadian Investment Fund (CIF) regime. The role will work extensively with large and complex datasets to perform, analyze and support CIF calculations, including forecasting, planning, tax provisions and tax return reporting. The Manager will be expected to understand the underlying data, investigate variances and anomalies, and apply sound tax and analytical judgment to ensure calculations are accurate, complete and well supported. Working closely with colleagues across Tax, Finance, Investment and other business functions, the successful candidate will combine strong Canadian tax technical and tax accounting knowledge with advanced Excel and data-management skills. The role also provides opportunities to improve and automate existing processes, strengthen controls, and enhance the efficiency and quality of tax reporting.

What will you do?

• CIF Regime: Assist with the preparation of Canadian Investment Fund (CIF) calculations and analysis, including CIF forecasting, planning, provisions, and tax returns. Conduct tax research and impact analysis of specific issues and/or transactions under the CIF regime.
• Canadian Insurance Tax Compliance: Manage the preparation and review of Canadian income tax returns, partnership returns, amended returns, and capital tax returns and supporting schedules.
• Tax Provision and Financial Reporting: Responsible for tax financial reporting and analysis for Canadian life-insurance companies, ensuring the accurate and timely determination of quarterly income tax provisions and tax note disclosure under IFRS.
• Audit and Controversy Support: Support both government income tax audits and financial reporting audits, preparing formal responses to queries and participating in walkthroughs.
• Process Transformation: Develop and implement processes to improve the efficiency and timeliness of various tax deliverables.

What do you need to succeed?

• 5+ years of accounting/ tax experience.
• Strong knowledge of Canadian tax and financial reporting for corporate and non-corporate entities (such as partnerships and trusts).
• Advanced Excel and data manipulation skills (Experience and proficiency with Pivot Tables, X/V-look ups, & SumIfs)
• Experience and proficiency with TaxPrep and/or iFirm.
• Strong analytical and problem-solving skills.
• Excellent oral and written communication skills.
• Process improvement mindset with a focus on automation and controls.
• Proficiency in Microsoft 365 applications is essential.

Preferred Skills:

• CPA designation preferred.
• Familiarity with Canadian Investment Fund tax regime is an asset.
• Understanding of insurance and investment management business (asset).
• Experience in financial applications (e.g. SAP, Tableau, etc).

What's in it for you?

• Hybrid work environment
• A friendly, collaborative, and inclusive culture
• 20 vacation days per year
• Flexible Benefits from the day you join to meet the needs of you and your family
• Pension, stock and savings programs to help build and enhance your future financial security
• The opportunity to move along a variety of career paths with amazing networking potential
• Access to our Global Learning Centre, available 24/7 for your learning needs
• Wellness programs that support the three pillars of your health - mental, physical and financial

Recent Awards:

• We are honoured to be recognized as a 2022, 2023, 2024 and 2025 Best Workplaces in Canada by Great Place to Work® Canada
• Great Place to Work® list for Best Workplaces for #HybridWork 2022
• Great Place to Work® list for Best Workplaces for Professional Development in Canada 2022
• Named " Best Places to Work " by Glassdoor, 2021 and 2023

The Base Pay range is for the primary location for which the job is posted. It may vary depending on the work location of the successful candidate or other factors