Manager, Tax - TD Asset Management

TD; Canada; On-site; CAD 140,000 - 150,000; Full time

Job summary

A leading financial institution in North America is seeking a Tax Manager to oversee tax compliance for multiple investment funds. Ideal candidates will have 3-5 years of experience in tax operations related to investment funds and demonstrate strong analytical, communication, and problem-solving skills. This role offers a competitive salary with additional variable compensation based on performance. Office attendance is required four days a week in Toronto, Ontario.

Benefits

Competitive base salary

Variable compensation

Health and well-being benefits

Career development programs

Qualifications

• 3-5 years investment‑fund related tax experience in a major accounting firm, asset manager or fund administrator.
• Demonstrated tax experience with mutual fund corporations, partnerships, trusts, regulated investment entities, various security types and derivatives.
• Experience handling tax audits and resolving tax issues with minimal supervision.

Responsibilities

• Oversee funds’ tax compliance processes and liaise with external advisors.
• Review and file T3 tax returns and related tax forms for multiple funds.
• Track and maintain proper audit trails of tax issues and ensure follow-through.

Skills

Strong technical research skills

Analytical skills

Problem-solving skills

Communication skills

Teamwork skills

Organizational skills

Ability to meet tight deadlines

Education

University degree in accounting, taxation or related business discipline

Tools

Microsoft Excel

Microsoft Word

Tax databases and applications

Job description

Work Location:

Toronto, Ontario, Canada

Hours:

37.5 hours per week

Line of Business:

Finance

Pay Details:

$140,000 - $150,000 CAD annually. This role is eligible for a discretionary variable compensation award that considers business and individual performance.

Job Description:

TD Asset Management Inc. ("TDAM"), a member of TD Bank Group, is a North American investment management firm. TDAM offers investment solutions to corporations, pension funds, endowments, foundations and individual investors. TDAM manages assets on behalf of almost 2 million retail investors and offers a broadly diversified suite of investment solutions including mutual funds, professionally managed portfolios and alternative investments (including real estate, infrastructure and private debt). Asset management businesses at TD manage more than $400 billion in assets.

The Investment Funds Tax team is responsible for all tax matters including tax compliance, research, advocacy and issue resolution.

Position Summary:

The Tax Manager is responsible for tax compliance for more than 260 funds, including mutual funds, pooled funds, segregated funds, limited partnerships, exchange traded funds and a mutual fund corporation administered by a third-party administrator. The position is primarily hands‑on and focused on Canadian investment funds, reporting to the Head of Tax – Investment Fund. Development opportunities are available for offshore alternative funds.

Key Responsibilities / Duties:

• Oversee funds’ mock and year‑end distribution review processes by liaising with fund administrators, external tax advisors and internal wealth management business partners; understand fund accounting implications on tax distribution.
• Review and file T3 tax returns and related tax forms for TD funds prepared by external tax advisors.
• Apply knowledge of the investment fund industry and asset classes, including mutual fund trusts and corporations.
• Review HST returns and PFIC factors.
• Act as primary contact for foreign tax agents, ensuring compliance in foreign jurisdictions.
• Track and maintain proper audit trail of tax issues and matters; ensure follow‑through and issue resolution.
• Review corporate actions for proper tax treatment and provide advice on complex actions.
• Collaborate with external auditors on year‑end and interim audits from a tax perspective, and with tax authorities on assessments, audits and other matters.
• Assist in reviewing tax disclosures in fund prospectuses, offering documents and related legal documents.
• Respond to tax inquiries from internal business partners, maintaining strong relationships with TD Corporate Tax and TD Wealth Tax Operations.
• Assist in establishing policies, procedures and controls to manage tax risks.
• Work with vendor manager to handle engagement letters, fee approvals and vendor performance.
• Monitor upcoming, pending and approved tax legislative changes and provide timely notifications.
• Maintain strong attention to detail, precision and meet tight deadlines.

Position Qualification Requirements:

• University degree in accounting, taxation or related business discipline. Enrollment or completion of CICA in‑depth tax courses I and II is an asset.
• 3-5 years investment‑fund related tax experience in a major accounting firm, asset manager or fund administrator.
• Demonstrated tax experience with mutual fund corporations, partnerships, trusts, regulated investment entities, various security types and derivatives.
• Experience handling tax audits and resolving tax issues with minimal supervision.
• Strong technical research, analytical and problem‑solving skills.
• Strong communication, teamwork and relationship‑building skills.
• Strong organizational skills and ability to meet tight compliance deadlines.
• Self‑motivated person who can take initiative to improve tax‑related processes and procedures.
• Proficient with Microsoft Excel, Word and MS office applications; and with tax databases and applications.

Office Attendance:

4 days required in the office.

Who We Are:

TD is one of the world’s leading global financial institutions and the fifth largest bank in North America by branches and stores. TD delivers extraordinary customer experiences to over 27 million households and businesses in Canada, the United States and around the world. TD’s culture is guided by a vision to be the better bank and a purpose to enrich the lives of customers, communities and colleagues.

Our Total Rewards Package:

Our Total Rewards package reflects the investments we make in our colleagues to help them and their families achieve financial, physical and mental well‑being goals. Total Rewards at TD includes base salary, variable compensation, health and well‑being benefits, savings and retirement programs, paid time off, banking benefits and discounts, career development and reward and recognition programs.

Additional Information:

This job opportunity is subject to provincial regulation for employment purposes. Each province or territory within Canada may have its own set of regulations and requirements.

Colleague Development:

Regular career, development and performance conversations with managers, access to online learning platforms and mentoring programs to unlock future opportunities.

Training & Onboarding:

We will provide training and onboarding sessions to ensure you have everything needed to succeed in your new role.

Interview Process:

We will reach out to candidates of interest to schedule interviews and communicate outcomes via email or phone call.

Accommodation:

Your accessibility is important to us. Let us know if you need accommodations (accessible meeting rooms, captioning for virtual interviews, etc.) to remove barriers throughout the interview process.

Language Requirement (Quebec only):

Sans Objet