Senior Tax Consultant

Toronto Hydro Corporation; Toronto; Hybrid; CAD 80,000 - 120,000; Full time

Job summary

Join a forward-thinking organization as a Senior Tax Consultant, where you'll play a crucial role in managing corporate tax obligations. This position involves tax accounting, compliance, and planning, with opportunities to collaborate with internal stakeholders and auditors. You will prepare financial statement tax provisions, assist with tax forecasts, and navigate complex tax regulations. With a hybrid work arrangement, you can enjoy the flexibility of remote work while making a significant impact in a dynamic environment. If you're an analytical thinker with a passion for tax and accounting, this role is perfect for you.

Qualifications

• 5+ years of professional accounting and tax experience.
• Fully designated CPA with strong analytical and communication skills.
• Experience with ERP systems and tax compliance.

Responsibilities

• Prepare quarterly and annual financial statement tax provisions.
• Assist with corporate income tax returns and regulatory filings.
• Serve as the first point of contact for tax-related queries.

Skills

Analytical Thinking

Problem-Solving Skills

Communication Skills

Tax Compliance

Tax Planning

Tax Reporting

Accounting Standards Knowledge

Education

Undergraduate degree in Accounting or Business

Chartered Professional Accountant (CPA)

Completion of CPA Canada In Depth Tax course or Mtax program

Tools

SAP Financial Systems

Business Intelligence (BI)

Microsoft Excel

Microsoft Office

Job description

Senior Tax Consultant

Posting Date: Mar 7, 2025

Location: Toronto, ON, CA

The Senior Tax Consultant will be responsible for assisting the Manager, Corporate Tax in the effective and efficient administration of the corporation and its affiliates corporate income tax obligations; including but not limited to Federal and Provincial Corporate income tax, payroll tax, and other taxes as the need arises - with a focus on tax accounting, reporting, compliance, planning and research.

KEY RESPONSIBILITIES:

1. Preparation of quarterly and annual financial statement tax provisions and related disclosures.
2. Analysis and preparation of tax account balances, reconciliations and journal entries.
3. Assistance with tax forecasts and planning, research and analysis of strategic initiatives, changes in legislation and industry trends.
4. Completion and filing of corporate income tax returns and related working papers.
5. Preparation and analysis of regulatory tax filings and forecasts.
6. First point of contact with internal stakeholders and business units, internal and external auditors, and consultants for tax related queries.
7. Assistance with government tax audits through the preparation of all necessary documentation and correspondence.
8. Preparation and the assistance with delivering presentations to various business units and internal stakeholders.
9. Compliance with the Corporation’s internal control framework and ensuring control narratives are updated on a regular basis.

REQUIREMENTS:

1. Undergraduate degree in Accounting, Business, or related field.
2. Fully designated Chartered Professional Accountant (CPA) in Canada.
3. Five (5) or more years of progressive professional level accounting and tax experience at a public accounting firm or large corporation.
4. Minimum one (1) year of corporate income tax experience.
5. Completion of CPA Canada In Depth Tax course or Mtax program desirable.
6. Knowledge and experience in tax compliance, planning and reporting obtained by working in public accounting and/or large corporation.
7. Strong analytical thinker and above average problem-solving skills to be able to deal with complex accounting and tax issues in a time-sensitive and dynamic environment.
8. Excellent written and verbal communication skills with demonstrated ability to effectively communicate ideas to people at all levels of the organization.
9. Knowledge of accounting standards/policy under International Financial Reporting Standards (IFRS); specifically related to taxation.
10. Working experience with complex Enterprise Resource Planning (ERP) systems, data analysis and reporting tools. Database/data management concepts specifically as it relates to Systems Applications and Products (SAP) financial systems and Business Intelligence (BI).
11. Advanced Excel skills and experience with Microsoft Office applications, including PowerPoint and Word.

Toronto Hydro has introduced a Hybrid Work Arrangement. This position allows for remote work up to three days per week, based on business needs. Employees will be required to come onsite on those days when they are involved in activities that they or their leader feel are better conducted in person. You are expected to live in Ontario and within reasonable commuting distance of the office.

Thank you for considering a career with Toronto Hydro. We welcome applications from all qualified candidates.