Tax Manager, Investment Funds

Vaco Recruiter Services; Toronto; Hybrid; CAD 130,000 - 150,000; Full time

Job summary

A leading asset management firm in Toronto is seeking a Tax Manager for Investment Funds to oversee tax processes and ensure compliance. The ideal candidate will have 4 to 6 years of experience in fund taxation and a university degree in accounting or taxation. This role offers a salary range of $130,000 - $150,000/year and excellent career opportunities.

Benefits

Strong mentorship and learning opportunities

Cross-functional and promotional opportunities

Qualifications

• 4 - 6 years investment funds tax experience in accounting firm or asset management.
• Enrollment or completion of CICA tax courses I and II is a plus.

Responsibilities

• Oversee funds' distribution review process and liaise with external advisors.
• Review and file T3 tax returns for funds.
• Ensure tax compliance in foreign jurisdictions.
• Maintain audit trails of tax issues.
• Work closely with auditors on tax-related audits.

Skills

Attention to detail

Tax compliance

Strong communication

Education

University degree in accounting or taxation

Job description

About the Company

Our client is a leading global asset management client.

They are looking for a Tax Manager, Investment Funds to join their team!

Why Work Here

• Strong mentorship and learning opportunities working closely with the Head of Investment Tax
• Position has a lot of visibility across the bank and executive stakeholders
• Fantastic cross-functional and promotional opportunities across the company

About the Opportunity

• Responsible for overseeing funds\' mock and year-end distribution review process by acting as a key contact person to liaise with fund administrator, external tax advisors, and internal wealth management business partners. Understand the fund accounting and the implication to tax distribution.
• Review and file T3 tax returns and related tax forms for funds prepared by external tax advisor.
• Knowledge of the investment fund industry and familiarity with various asset classes including mutual fund trusts and mutual fund corporations.
• Review HST returns and PFIC factors.
• Primary contact for foreign tax agents and ensure tax compliance in foreign jurisdiction.
• Track and maintain proper audit trail of tax issues and matters. Ensures proper follow through and issues resolution.
• Reviews certain corporate actions for proper treatment. Provide advice on the proper handling of complicated corporate actions.
• Work closely with external auditors on year end and interim audits from a tax perspective, and with tax authorities on notice of assessments, audits and other tax matters.
• Assist in reviewing tax-related disclosures in fund prospectuses, offering documents, and related legal documents.
• Respond to tax inquiries from internal business partners. This includes maintaining strong relationships with Corporate Tax and Wealth Tax Operations.
• Assist in establishing and maintaining proper policies, procedure and ensure controls are executed in managing tax risks.
• Work with vendor manager to handle engagement letters, fee approvals and vendor performance.
• Keep abreast of and provide timely notification of upcoming, pending, and approved tax legislative changes.
• Strong attention to detail and ability to work with precision and meet tight deadlines.

About You

• University degree in accounting, taxation, or a related business administration discipline. Enrolment or completion of CICA in-depth tax courses I and II is an asset.
• 4 - 6 Years investment funds related tax experience in a major accounting firm, asset manager or fund administrator.

Salary Range

$130,000 - $150,000/year

How to Apply

Click the “Apply Now” button and follow the instructions to submit your resume. Please know that we only accept documents in MS Word or Rich Text formats.

When referencing this job, quote #460760

You must currently reside within the Greater Toronto Area and be permitted to work in Canada to be considered for this opportunity. A recruiter will be in touch with you if your profile meets our client’s requirements for this role.