Tax Manager, Private Trust

The Toronto-Dominion Bank; Vancouver; Hybrid; CAD 76,000 - 116,000; Full time

Job summary

A leading North American bank is seeking a Tax Manager in Vancouver. Responsibilities include managing tax relationships, preparing and reviewing tax returns, and overseeing analyst staff. Ideal candidates will have a CPA designation and experience in trust, estate, and investment tax compliance. This role offers a hybrid working schedule and competitive compensation.

Benefits

Employee Incentive Plan

Benefits coverage

Pension Plan

Savings plans

Training and development opportunities

Qualifications

• 5 years as a professional accountant required.
• Experience reviewing personal trust, estate, and investment holding company tax returns essential.
• Knowledge of personal and trust tax law needed.

Responsibilities

• Manage tax relationship for corporate, personal trust, and estate tax clients.
• Ensure timely and accurate filing of tax returns.
• Identify tax planning opportunities with clients.

Skills

Client management

Time management

Organizational skills

Communication skills

Tax compliance knowledge

Fluency in English and French

Education

Accounting designation (CPA, CA, CMA, CGA)

Trust & Estate Practitioner Designation (TEP)

CICA In-Depth Course

Job description

Job Description

Work Location: Vancouver British Columbia Canada

Hours: 37.5

Line of Business: TD Wealth

Pay Details: $76,800 - $115,200 CAD

TD is committed to providing fair and equitable compensation opportunities to all colleagues. Growth opportunities and skill development are defining features of the colleague experience at TD. Our compensation policies and practices have been designed to allow colleagues to progress through the salary range over time as they progress in their role. The base pay actually offered may vary based upon the candidates skills and experience, job-related knowledge, geographic location, and other specific business and organizational needs.

As a candidate you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you more specific details for this role.

Department Overview:

TD Wealth Private Wealth Management provides the highest level of tailored advice and integrated wealth management solutions. Our goal is to help our clients and their families develop integrated, comprehensive and customized financial solutions. At all times our exceptional team of banking, estate planning, trust and investment professionals work together with our wealth partners to help our clients create wealth, preserve and protect it and pass it on to the generations that follow. Tax Services is a department within TD Wealth Private Trust, a key business unit within TD Wealth Private Wealth Management which provides tax return preparation and planning for estates and trusts, high net worth individuals and their families. Tax Services also provides bookkeeping and corporate tax services for clients with investment holding companies.

Job Description:

Tax Manager – Role and Responsibilities Reporting to the National Leader Tax Services, the Tax Manager is responsible for the ongoing tax relationship management of an assigned group of corporate, personal trust and estate tax clients, including ensuring that tax returns are filed in an effective and timely manner. The Tax Manager works closely with advisors and their clients to identify appropriate tax planning opportunities, along with supporting external advisors throughout the implementation process. The Tax Manager provides day-to-day direction and oversight to full-time analyst staff (CPAs and CPA Students).

Hybrid Scheduled Role: Tax Managers split their work week between our TD Tower Pacific Centre office location in Vancouver (4 days a week) and home office based on pre-scheduled days during a standard 37.5-hour work week. This role requires significant excess hours during the fast-paced Trust and Personal Tax Filing Season (March & April). We offer a flexible work environment outside of tax season.

Specific accountabilities include:

• Detailed review of date of death, estate, trust, personal income tax returns for assigned clients in a timely and accurate manner.
• Preparation or review of investment holding company returns including the accounting and GIFI Financial Statements.
• Preparation of complex tax returns as required for senior tax management team.
• Client relationship management of assigned client files.
• Obtaining CRA Online access for private business interests held in Private Trust fiduciary accounts and performing duties as a delegated authority (Level 3) and/or signing officer of corporation.
• Operational oversight of a Senior Tax Analyst (CPA) and Analyst (CPA Student) as assigned.
• Providing second-level review of returns prepared by Analysts.
• Managing the risks associated with private businesses held in estates and trusts.
• Analyzing estate / trust-held private business financial results including recommending and/or implementing any annual shareholder tax planning required.
• Handling the day-to-day tax administration and management of private businesses and holding companies in accordance with policies and procedures.
• Attend shareholders and directors meetings.
• Reviewing corporate minutes, dividend payment analysis and providing recommendations.
• Analyzing pros and cons of winding company up compared to distributing shares or property to beneficiaries including understanding of pipeline and hybrid scenarios.
• Assisting and liaising with external tax and legal advisors with corporate tax planning, reorganizations, amalgamations and wind-ups.
• Identifying need for business valuations and reviewing valuations prepared by external firms.
• Reviewing tax assessments and reassessments and making appeal/non-appeal recommendations to Senior Tax Manager.
• Preparing or reviewing tax risk analysis on estate distributions for sign off by Senior Tax Manager.
• Staying abreast of tax developments and conducting initial research on client tax matters.
• Maintaining a good working relationship with TD Wealth partners for assigned client files.

Education / Accreditations:

• Accounting designation (CPA, CA, CMA, CGA).
• Enrollment in or completion of Trust & Estate Practitioner Designation (TEP).
• CICA In-Depth Course (Part 1, 2 & 3).

Qualifications / Skills / Experience:

• 5 years as a professional accountant.
• Recent experience in a relationship management role in a medium to large sized accounting firm or Trust Company.
• Experience reviewing personal trust, estate and investment holding company tax returns.
• Thorough understanding of personal and trust tax compliance requirements.
• Knowledge of personal and trust tax law.
• Excellent client management skills.
• Effective time management, organizational and communication skills.
• A general understanding of cross-border US income and estate tax matters.
• Fluency in English and French preferred.

TD Total Rewards:

• Base Salary, Employee Incentive Plan (performance bonus).
• Special Project Pay (SPP) for hours worked more than 37.5 hours per week at 1.5x rate during pre-defined busy season for the PT tax business.
• Benefits coverage (dental, medical, vision, mental health, life insurance).
• TD Pension Plan.
• TD Stock Employee Ownership Plan.
• TD Employee Future Builder; a voluntary savings plan.
• Employee product discounts (mortgages, personal loans, credit cards, insurance, fitness, no-fee banking).
• Training and development including fully funded CPA Membership and TEP designation, with accreditation renewals.
• Annual STEP conference for TEPs including travel where necessary.

Who We Are: TD is one of the world's leading global financial institutions and is the fifth largest bank in North America by branches/stores. More than 95,000 TD colleagues serve over 27 million households and businesses worldwide. We are guided by our vision to Be the Better Bank and our purpose to enrich the lives of our customers, communities and colleagues.

Our Total Rewards Package

Our Total Rewards package includes base salary, variable compensation, and health and well-being benefits, savings and retirement programs, paid time off, banking benefits, discounts, career development and reward programs.

Additional Information:

We are committed to providing support to thrive both at work and at home. This job opportunity is subject to provincial regulation for employment purposes; regulations vary by province/territory.

Colleague Development:

Regular career development and performance conversations, access to online learning, and mentoring programs to help you unlock future opportunities.

Training & Onboarding:

We provide training and onboarding sessions to ensure you succeed in your new role.

Interview Process:

We will reach out to candidates of interest to schedule interviews. Outcomes are communicated by email or phone.

Accommodation:

We value accessibility. Please let us know if you require accommodations to participate in the interview process.

We look forward to hearing from you!

Employment Details: Full-Time, Vacancy: 1