Manager, Fund Operation and Tax Distribution

CIBC Mellon; Toronto; On-site; CAD 98,000 - 148,000; Full time

Job summary

CIBC Mellon in Toronto is seeking a Manager of Fund Operation and Tax Distribution to lead the tax distribution module and support all facets of fund accounting operations. You will manage procedures, guide internal teams, and coordinate with external advisors to ensure accurate tax distributions and regulatory compliance.

The role requires strong leadership, tax knowledge, and the ability to drive process improvements while maintaining partnerships with stakeholders across the organization.

Qualifications

• University degree in accounting and a professional designation preferred.
• Minimum 5 years of experience, including expertise in processing Canadian Tax.
• CSC or other industry courses.
• Proactive, thorough, analytical and detail oriented.
• Communication; demonstrated general management/ leadership ability.
• Proven track record in building and maintaining effective partnerships with external/internal stakeholders.

Responsibilities

• Support the Fund Accounting team in managing the operational requirements of the tax distribution operating module, ensuring the accurate processing and compliance with both fund tax regulations and operational requirements.
• Oversee the distribution operating module, including developing test cases, reviewing the work completed by tax consultants and conducting testing of these cases. They will collaborate closely with internal partners, liaise with clients and coordinate with external tax advisors and auditors to ensure alignment and accuracy.
• Collaborate with the Tax team to integrate tax developments, address client requests, and enhance operational efficiency within the fund accounting module.
• Coordinate and oversee all activities related to the tax distribution module, ensuring that deadlines are consistently met and operations run smoothly.
• Engage with Tax consultant clients to ensure timely delivery of tax updates for the distribution module and support the development of new modules tailored to different legal structures.
• Collaborate with the Fund Accounting team to ensure seamless and efficient data flow from the accounting platforms into the tax distribution module.
• Support coordinating and overseeing training sessions for the Fund Accounting team on the tax distribution module.
• Maintain in-depth knowledge of current legislation, changes in the mutual fund industry and maintain an in-depth knowledge of current tax issues and changes in order to keep the team up to date.
• Lead, coach and develop a team of tax specialists, including setting performance objectives, conducting performance reviews and coordinating training requirements and development opportunities
• Apply regulatory tax changes and assess the impact to different distribution modules.

Skills

Proactive

Analytical

Detail oriented

Leadership ability

Stakeholder management

Education

University degree in accounting

Professional designation preferred

Job description

Company Information

CIBC Mellon is a leading provider of asset servicing solutions to institutional investors in Canada, including multi-currency accounting, fund valuation, and investment information reporting. We are passionate about providing exceptional client service backed by our culture of innovation and success. Our outstanding employee experience will provide you with opportunities to learn and grow professionally while supporting the communities in which you live and work.

Job Number: J0926-0244

Category: Fund Accounting

Employment Type: Full Time

City: Toronto

Posting Date: October 2, 2026

Closing Date: October 16, 2026

We are a diverse and dynamic workplace where employees take an active role in delivering on strategic objectives while advancing their individual career goals. We encourage innovative thinking and give our employees the support and resources they need to turn great ideas into actions.

We’re always looking for talented people who can make a meaningful difference for our clients, our company and our communities. To learn more about why our employees love coming to work each day, visit www.cibcmellon.com/experience.

Position Overview

Reporting to the Assistant Vice President, Fund Operation and Tax Distribution the Manager of Fund Operation and Tax Distribution will be responsible for managing the tax distribution operating module and will support all facets of the operation of the tax distribution operating process. They will be responsible for managing operational procedures related to the tax distribution model and offering expert guidance on distribution related tax issues raised by internal stakeholders. Additionally they will cultivate and maintain strong relationships with both external tax advisors and internal business partners. The role also includes reviewing and evaluating work processes providing constructive feedback and ensuring continuous improvement.

Responsibilities

• Support the Fund Accounting team in managing the operational requirements of the tax distribution operating module, ensuring the accurate processing and compliance with both fund tax regulations and operational requirements.
• Oversee the distribution operating module, including developing test cases, reviewing the work completed by tax consultants and conducting testing of these cases. They will collaborate closely with internal partners, liaise with clients and coordinate with external tax advisors and auditors to ensure alignment and accuracy.
• Collaborate with the Tax team to integrate tax developments, address client requests, and enhance operational efficiency within the fund accounting module.
• Coordinate and oversee all activities related to the tax distribution module, ensuring that deadlines are consistently met and operations run smoothly.
• Engage with Tax consultant clients to ensure timely delivery of tax updates for the distribution module and support the development of new modules tailored to different legal structures.
• Collaborate with the Fund Accounting team to ensure seamless and efficient data flow from the accounting platforms into the tax distribution module.
• Support coordinating and overseeing training sessions for the Fund Accounting team on the tax distribution module.
• Maintain in-depth knowledge of current legislation, changes in the mutual fund industry and maintain an in-depth knowledge of current tax issues and changes in order to keep the team up to date.
• Lead, coach and develop a team of tax specialists, including setting performance objectives, conducting performance reviews and coordinating training requirements and development opportunities
• Apply regulatory tax changes and assess the impact to different distribution modules.

Qualifications

• University degree in accounting and a professional designation preferred.
• Minimum 5 years of experience, including expertise in processing Canadian Tax
• CSC or other industry courses
• Proactive, thorough, analytical and detail oriented
• Communication; demonstrated general management/ leadership ability
• Proven track record in building and maintaining effective partnerships with external/internal stakeholders

CIBC Mellon's Values

• Get it Right Every Day: Deliver service excellence while always acting with the highest ethical standards
• Put Clients at the Centre: Advocate for clients by listening, sharing knowledge, and bringing the right solutions forward
• Be One Family: Challenge, empower and recognize your colleagues
• Take Ownership: Speak up, speak out, and make things better

Job Specific Competencies

• The salary band for this position ranges between $98,000 - $148,000.
• Individual pay is determined by factors such as job-related skills, market conditions, relevant experience, education, training, and internal equity.
• Please note, our recruitment process may include the use of AI-assisted tools.
• This posting is for an existing vacancy.

CIBC Mellon is committed to taking all reasonable steps to accommodate the needs of all individuals. Should you require any accommodations during the recruitment and selection process, please speak with your Recruitment Consultant.