Requisition ID: 231519

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

Purpose

The Fund Tax Specialist, reports to the Senior Manager, Fund Tax Reporting & Planning, and oversees tax distribution administration and reporting to ensure fund compliance with tax regulations. The role also supports operational areas such as product development, customer relations, fund accounting, client administration, and financial reporting as needed.
 

Is this role right for you? In this role, you will:

• Support tax distributions for monthly, quarterly, and annually paying funds, including providing requested documents by service provider, perform reconciliations and working papers as needed
• Reconcile various investor tax slips and filings with CRA (e.g. T5s, T3s, T4RSPs, NR4s, etc.) and support Tax Manager with year-end tax slip project
• Oversee log of corporate actions affecting the funds
• Prepare HST Annual SLFI returns for the funds, and related election forms
• Support tax administration for the funds, including but not limited to:
• Prepare applications and tax forms to CRA and other applicable tax authorities for new fund launches, fund mergers and terminations;
• Calculate blended HST rate and related monthly/annual HST/QST reporting applicable to the funds;
• Document and automate processes, such as compiling sets of information for analysis and comparison using AI and macros in Excel;
• Complete foreign withholding tax forms and related documents;
• Prepare non-resident tax instructions and reconciliation to CRA statements;
• Resolve specific daily tax issues and perform daily tasks as required;
• Ad hoc projects as assigned by the Manager and/or Senior Manager.

Do you have the skills that will enable you to succeed in this role? – We’d love to work with you if you have:

• University Degree – BA, Commerce/ Accounting;
• IFIC and/or CSC certified is a definite asset;
• Experience in a mutual fund company is a strong asset;
• Proficient in Macros and MS Office (i.e. excel spreadsheets & word);
• Familiarity with accounting systems (i.e. MCH and MPower) an asset;
• Bilingual (English & French) an asset;
• Strong analytical skills and problem-solving skills required;
• Excellent verbal & written communication skills;
• Ability to multi-task in a fast-paced environment, accurate and detail oriented; and
• Ability to work both independently and in a team environment.

Work Arrangement: Work in a standard office-based environment; non-standard hours are a common occurrence. Travel may be required on an exception basis. 

Interested?

At Scotiabank, every employee is empowered to reach their fullest potential, respected for who they are and, embraced for their differences. That is why we work to grow and diversify talent and engage employees in a performance-oriented culture.

What's in it for you?

Scotiabank wants you to be able to bring your best self to work – and life, every day. With a focus on holistic well-being, our many flexible benefit programs are designed to help support your unique family, financial, physical, mental, and social health needs.

Location(s):  Canada : Ontario : Toronto 

Scotiabank is a leading bank in the Americas. Guided by our purpose: "for every future", we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.  

At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our Recruitment team know. If you require technical assistance, please click here. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.