Manager,Tax - TD Asset Management Job Toronto area,Ontario Canada,Finance & Banking

Description

TD Asset Management Inc. ("TDAM"), a member of TD Bank Group, is a North American investment management firm. TDAM offers investment solutions to corporations, pension funds, endowments, foundations and individual investors. Additionally, TDAM manages assets on behalf of almost 2 million retail investors and offers a broadly diversified suite of investment solutions including mutual funds, professionally managed portfolios and alternative investments (including real estate, infrastructure and private debt).

Asset management businesses at TD manages more than $400 billion in assets.

The Investment Funds Tax team is responsible for all tax matters including tax compliance, research, advocacy and issue resolution.

Position Summary:

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 is a hands-on position that primarily focuses on investment funds in Canada and reports to the Head of Tax
- Investment Fund. Development opportunities will be available for offshore alternative funds.

The Key Responsibilities / Duties
:

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 TD 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 TD Corporate Tax and TD 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.

Position qualification requirements

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.

3-5 Years investment funds related tax experience in a major accounting firm, asset manager or fund administrator.

Demonstrated tax experience with mutual fund corporations, partnerships, trusts, regulated investment entities, various security types and derivatives.

Experience in handling tax audits and resolving tax issues with minimal supervision

Strong technical research, analytical and problem-solving skills.

Strong communication, teamwork and relationship building skills.

Strong organizational skills and ability to consistently meet tight compliance deadlines.

Self-motivated person who can take initiative to improve tax related processes and procedures.

Proficient with Microsoft Excel, Word and MS office applications; and with tax databases and applications.

** 4 days required in the office**

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. Every day, we deliver legendary customer experiences to over 27 million households and businesses in Canada, the United States and around the world. More than 95,000 TD colleagues bring their skills, talent, and creativity to the Bank, those we serve, and the economies we support.

We are guided by our vision to Be the Better Bank and our purpose to enrich the lives of our customers, communities and colleagues.

TD is deeply committed to being a leader in customer experience, that is why we believe that all colleagues, no matter where they work, are customer facing. As we build our business and deliver on our strategy, we are innovating to enhance the customer experience and build capabilities to shape the future of banking. Whether you’ve got years of banking experience or are just starting your career in financial services, we can help you realize your…


Increase/decrease your Search Radius (miles)



Job Posting Language

Manager, Tax - TD Asset Management