Tax Specialist

IFG International Financial Group Ltd; Ontario; Hybrid; CAD 60,000 - 80,000; Full time

Job summary

A top-tier bank in Canada is seeking a Tax Specialist for a hybrid position in Toronto, focusing on income tax compliance, planning, and administration for complex estate and trust accounts. The role includes review of tax returns, liaising with clients, and managing junior staff.

Qualifications

• At least 1 year of experience in an accounting or tax-related role.
• Familiarity with graduated rate estates.
• Experience in preparing T1, T3 trusts, and estate returns.

Responsibilities

• Prepare and file income tax returns for personal, estate, and trust accounts.
• Review assessment notices and prepare adjustment requests.
• Liaise with clients to resolve taxation issues.

Skills

Analytical Skills

Attention to Detail

Communication

Education

Post-secondary degree in accounting or equivalent

Tools

Tax preparation software

Job description

Our client, a Top 5 Bank in Canada, is looking to hire a Tax Specialist for an initial 12-month contract. This role is currently hybrid in Toronto.

Job Description :

The Tax Specialist will be responsible for the effective and timely completion and filing of all requisite tax returns for complex estate and trust accounts. The role involves income tax compliance, planning, and administrative functions.

Responsibilities :

1. Obtain information from clients, internal, and external sources required to prepare and file income tax returns. Perform calculations, complete required schedules, and organize information for complex returns.
2. Accurately prepare personal, estate, and trust income tax returns and schedules. Identify post-mortem and other tax planning opportunities. Act as a technical tax resource to the ETA Team.
3. Review assessment notices and prepare adjustment requests, objection notices, and Clearance Certificate requests. Correspond with the CRA to provide any requested information.
4. Maintain service standards for quality, responsiveness, and timeliness.
5. Liaise with trust staff, outside tax professionals, and clients to ensure timely income tax filing for complex returns; explain and resolve taxation issues; and implement tax strategies effectively.
6. Participate in special projects as assigned.
7. Manage and train junior staff.
8. Review complex tax returns such as GREs and terminal T1 returns.
9. Take ownership of assigned projects with limited supervision.

Must Have Requirements :

• At least 1 year of experience in an accounting or tax-related role.
• Familiarity with graduated rate estates.
• Post-secondary degree in accounting or an equivalent field.
• Experience or knowledge in preparing T1, T1 terminal (final), T3 trusts, and estate returns.
• Experience with tax preparation software.

If you possess the required skills and wish to learn more, please send your updated resume in MS Word format to Deepkamal Kaur at [emailprotected].