Senior Tax Reporting Analyst - Toronto
Job Summary
Job Description
What is the opportunity?
The incumbent will be responsible for the planning and production of tax reports and returns for our investment fund clients. In order to be successful, the incumbent must have a thorough understanding of the tax reporting requirements of investment funds and strong managerial skills.The outcome will be compliant to all tax requirements and accurate and timely tax reporting for RBC Investor Services (IS) clients.
What will you do?- Prepare and review tax return for trust and corporations, HST return and information for unitholder tax reporting.
- Compute and allocate income and gain/loss allocation for segregated funds
- File tax returns and communicate with CRA on matters relating to trust, corporate and HST returns including Notice of Objection
- Review complex corporate actions and assist external auditor by providing rationale for the tax treatment
- Lead changes to distribution modules for corporation and Trust including writing requirements and testing
- Oversee Fund Distribution including review of Fund distributions, training of fund accountants on distribution and maintain tax profile for the funds.
- Maintain & review desk operating procedures for general and client specific tax procedures
- Assist Manager in rolling out new regulatory changes impacting tax reporting
- Identify and streamline processes to improve efficiency and automation in tax processes
- Provide customer service by responding to inquiries and requests from internal departments and clients
- Participate in pre and post year end tax meetings with clients, auditors and internal departments
What do you need to succeed?
Must have:
- 3+ years of experience in investment fund tax reporting
- 3+ years of fund accounting or related experience in the investment fund industry or public accounting preferably in the financial services industry
- Excellent verbal and written communication skills
- Proven organizational and time management skills
Nice-to-have:
- CPA or Working towards CPA designation
- CICA In-Depth Tax Course
- Industry related courses (CSC, or CFA)
- Previous experience in preparation of trust and/or HST returns
- What’s in it for you?
We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.
- Excellent exposure to communicate with various business partners and stakeholders in Investor Services and within other platforms as appropriate.
- Opportunity to obtain hands-on experience throughout your role
- Working with an exciting, close-knit, supportive & dynamic group
- Opportunity to collaborate with other business segments within the bank
- Excellent career development and progression opportunities
- A comprehensive Total Rewards Program including bonuses and flexible benefits
- Competitive compensation
Job Skills
Communication, Customer Service, Fund Distribution, Segregated Funds, Taxes, Tax Reporting
Additional Job Details
Address:
RBC CENTRE, 155 WELLINGTON ST W:TORONTO
City:
TORONTO
Country:
Canada
Work hours/week:
- 5
Employment Type:
Full time
Platform:
WEALTH MANAGEMENT
Job Type:
Regular
Pay Type:
Salaried
Posted Date:
2025-03-06
Application Deadline:
2025-03-31
Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
Inclusion and Equal Opportunity Employment
At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.
We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.
Join our Talent Community
Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.
Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.