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Tax Consultant

Tax Consultant

Prime HiresToronto, ON, Canada
3 days ago
Salary
CA$28.00 hourly
Job type
  • Permanent
Job description

Job Description

Job Description

Our client is a top financial institution with significant North American holdings.  They have operations across most major verticals, including institutional & corporate, wealth management, private client, commercial banking, treasury, and retail banking.

Pay Rate : $ 28.00

Start Date : ASAP

Business Unit : 4 - Wealth Shared Services (S_0001862)

Duration : 4 months

Extension possible : yes

Conversion Possible : Yes

Will they be working a rotational schedule : 9am - 5 : 00pm with 0.5 lunch break

Overtime or weekends required : As needed during the week

Work Location (Remote, Hybrid) : Toronto

Reason for opening : Peak season require additional support

Interviews : 1 round maybe 2 Virtual

Training : Hybrid - 4 days of training and monitor the learning curve

Job Description :

The Analyst will provide a range of analytical / process support, reporting, analytics and assist in the generation of various tax slips and filings with Canada Revenue Agency (CRA) and Revenue Quebec (RQ). The Analyst will also work to investigate, improve, and redesign existing processes and pain points within the Registered Plans and Mutual Funds Tax production space. Your high energy and desire to invoke change will enable you to find creative solutions that not only optimize the efficiency of existing processes but also improve employee engagement and satisfaction.

You are a leader with a keen sense of finding the root cause of problems by sifting through data as well as strong interpersonal skills to lead change within diverse teams and skillsets. You are driven to succeed in a dynamic and changing Wealth Management environment to drive competitive advantage within the the company

Tax Production :

  • Support and assist in the generation of ad hoc queries, monthly reporting for various reconciliations, and work with Operations, Wealth Partners, Technology and Vendors to scope, test, and review Tax UAT and production cycles and leverage available technologies.
  • Generate various Tax slips and filings with CRA / RQ as required and provide Partners with necessary calculations related tax financial information
  • Support and assist in the production of various registered plans and Mutual Funds tax products, gathering of RRSP withdrawals, RIF payments or mutual fund income payment data and tax allocation information from Fund Accountants for various Tax reporting.

Process Optimization :

  • Drive continuous improvement of the current state Tax Production model service level agreements (SLA) to enhance the client experience and operational efficiencies
  • Analyze current state processes and perform root cause analysis for any breaks and gaps in process, including but not limited to :
  • Finding Data integrity or quality issues
  • Independently drive change and solutions for all identified root causes.
  • Take a risk-based approach in applying innovative solutions to unique problems in differing lines of business and tax products
  • Liaise and drive change between multiple stakeholders (Technology, Business Architecture, Operations, Wealth Business lines etc.)
  • Recommend and summarize improvements to Management and senior leadership

    • Job Requirements :

  • Understanding of Canadian Federal and Provincial Tax Act as it pertains to registered and non-registered tax products, such as T550, T3GR, RC249, RRSP Contribution Receipts, 60J, 60L, TFSA, T4RSP / REL2, T4RIF / REL2, T4A / REL1 for RESP and RDSP, T3 / REL16, T5 / REL3 & T5008 / REL18 for the client
  • Knowledge of Canadian tax reporting requirements on

    • o Death of an TFSA / RRSP / RRIF annuitant

    o Non-qualified investments held in a registered account

    o Unclaimed property and Uncashed cheque

  • Experience in using TaxPrep software to prepare of tax forms and / or T3 tax returns
  • Withholding tax remittances and reconciliations with CRA / RQ
  • Data literacy, process optimization, data technology tools.
  • Intermediate-Advanced Level Excel : write functions / formulas, manage data, able to find easier way to complete work, creativity and willing to learn
  • Drive change and solutions for root causes that they identify
  • Drive continuous improvements and perform root cause analysis (find data integrity issues, fix data, identify outdated processes and technology used, and provide recommendations)
  • 1-3 years’ work experience in analytical roles (data analysis, Operations Analyst, data validation, reporting, and analytics techniques)
  • A general understanding of Banking Operations and interest in financial services
  • Education : taxation, accounting, finance, computer science, business, mathematics, stats, or related field with 1-3 years’ experience as tax analyst / associate, business analyst or related

    • Nice to have

  • Experience in using ISM, RPM, SEI, Unitrax (GIF II), SMS and Funds360 systems would be an asset.

    • Must Have :

    Advanced Excel ( data analysis )

    Canadian Tax regulations

    We thank you for your interest in the position, however, only those who are qualified will be contacted

    Inclusion and Equal Opportunity Employment

    Our client is an equal opportunity employer committed to diversity and inclusion; creating an inclusive environment where all team members and clients feel like they belong.  We are pleased to consider all qualified applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, Aboriginal / Native American status or any other legally-protected factors.  We seek applicants with a wide range of abilities, and we provide an accessible candidate experience; accommodations during the application process are available upon request.

    Company Description

    At Prime Hires our mandate is simple – provide top-tier talent to our clients and unsurpassed career opportunities to our candidates while ensuring the best fit for both. We are perfectionists who excel at working to ensure we have a perfect match. With experience spanning almost 3 decades and offices across North America, we have built our reputation on the strong relationships and trust of our clients and candidates. Our expertise is in Temporary, Contract and Permanent placements in Finance, Accounting, Administrative & Clerical, Office Operations, Contact Centre, and Technology.

    Company Description

    At Prime Hires our mandate is simple – provide top-tier talent to our clients and unsurpassed career opportunities to our candidates while ensuring the best fit for both. We are perfectionists who excel at working to ensure we have a perfect match. With experience spanning almost 3 decades and offices across North America, we have built our reputation on the strong relationships and trust of our clients and candidates. Our expertise is in Temporary, Contract and Permanent placements in Finance, Accounting, Administrative & Clerical, Office Operations, Contact Centre, and Technology.