Manager, Tax - TD Asset Management

TD Bank; Old Toronto; On-site; CAD 91,000 - 137,000; Full time

Job summary

An established industry player is seeking a Tax Manager for its Asset Management division. In this pivotal role, you will oversee tax compliance for a diverse portfolio of investment funds, ensuring adherence to regulations while collaborating with external advisors and internal teams. Your expertise in tax matters will be crucial in managing audits, resolving issues, and maintaining robust processes. This forward-thinking company values growth and offers a supportive environment for professional development. If you're passionate about tax and investment funds, this opportunity is perfect for you to make a significant impact.

Benefits

Hybrid Work Schedule

Professional Development Opportunities

Comprehensive Compensation Program

Support for Mental and Physical Well-being

Qualifications

• 3-5 years of investment funds related tax experience required.
• Strong technical research and analytical skills are essential.

Responsibilities

• Oversee tax compliance for over 260 funds including mutual funds and ETFs.
• Review and file T3 tax returns prepared by external tax advisors.

Skills

Tax Compliance

Investment Funds Knowledge

Analytical Skills

Communication Skills

Problem-Solving Skills

Attention to Detail

Education

University degree in accounting or taxation

CICA in-depth tax courses I and II

Tools

Microsoft Excel

Microsoft Word

Tax Databases

Job description

Manager, Tax - TD Asset Management

Location: Toronto, Ontario, Canada

Schedule: 37.5 hours per week

Sector: Finance

Compensation Details: $91,200 - $136,800 CAD

TD is committed to offering fair and equitable compensation to all colleagues. Opportunities for growth and skill development are essential features of the colleague experience at TD.

Job Description:

TD Asset Management (TDAM), a member of TD Bank Financial Group, is a leading North American investment manager offering progressive investment solutions to both institutional and individual investors. The Investment Funds Tax team is responsible for all tax matters including tax compliance, research, advocacy, and issue resolution.

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. This hands-on position primarily focuses on investment funds in Canada and reports to the Head of Tax - Investment Fund.

Key Responsibilities / Duties:

• Oversee funds' mock and year-end distribution review process, acting as a key contact person with fund administrators, external tax advisors, and internal partners.
• Review and file T3 tax returns and related tax forms for TD funds prepared by external tax advisors.
• Knowledge of the investment fund industry and familiarity with various asset classes.
• Review HST returns and PFIC factors.
• Primary contact for foreign tax agents and ensure tax compliance in foreign jurisdictions.
• Track and maintain proper audit trails of tax issues and matters.
• Review corporate actions for proper treatment and provide advice.
• Work closely with external auditors on year-end and interim audits from a tax perspective.
• Assist in reviewing tax-related disclosures in fund documents.
• Respond to tax inquiries from internal business partners.
• Assist in establishing and maintaining proper policies and procedures to manage tax risks.
• Work with vendor manager on engagement letters, fee approvals, and vendor performance.
• Keep abreast of and provide timely notification of upcoming tax legislative changes.
• Strong attention to detail and ability to meet tight deadlines.

Position Qualification Requirements:

• University degree in accounting, taxation, or related discipline; CICA in-depth tax courses I and II is an asset.
• 3-5 years of investment funds related tax experience.
• Demonstrated tax experience with various investment entities.
• Experience handling tax audits and resolving tax issues.
• Strong technical research, analytical, and problem-solving skills.
• Strong communication, teamwork, and relationship-building skills.
• Self-motivated with initiative to improve tax processes.
• Proficient with Microsoft Excel, Word, and tax databases.

Hybrid Work: Employees will be going to 4 days in the office starting March 2025.

About Us: TD Securities offers a wide range of financial products and services to clients around the world. We focus on growth, our people, and our community.

Our Total Compensation Program: Reflects our investments in helping our colleagues achieve their mental, physical, and financial well-being goals.

Additional Information: We are excited that you are considering a career at TD and are committed to helping our colleagues succeed in their personal and professional lives.

Interview Process: We will reach out to selected candidates to schedule an interview.

Accessibility: We are committed to accessibility and encourage you to let us know if you require any accommodations during the interview process.