Senior Analyst- Business Tax (Financial Services)

Job Type:  Permanent 
Reference code : 133260
Primary Location:  Toronto, ON
All Available Locations:  Toronto, ON 

 

Our Purpose

 

At Deloitte, we are driven to inspire and help our people, organization, communities, and country to thrive. Our Purpose is to build a better future by accelerating and expanding access to knowledge. Purpose defines who we are and gives us reason to exist as an organization.

By living our Purpose, we will make an impact that matters.

• Partner with clients to solve their most complex problems
• Be empowered to lead and have impact with clients, our communities and in the office.
• Be expected to share your ideas and to make them a reality.

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Exciting opportunity to join our team! Bring your expertise and make a difference. We value your skills and are eager to grow with you. Apply today!

 

 

What will your typical day look like?

Your typical day will consist of providing tax-related services to investment fund clients (such as mutual funds, ETFs, pooled funds, and asset management firms) as part of a team, helping them manage compliance and optimize their tax position. You will also prepare and manage tax filings for fund clients and advise on tax matters to ensure sound tax management and compliance. Specifically, you will:

 

• Oversee and review annual tax compliance for a portfolio of investment funds, including trust (T3), corporate (T2), and partnership (T5013) tax returns and related filings
• Review fund distribution calculations (monthly, quarterly, and annual) to ensure accurate unitholder tax reporting (e.g. T3 slips for investors)
• Liaise with fund administrators and clients as the key contact to manage tax reporting processes and timelines
• Provide tax advice on complex fund transactions and ensure proper tax treatment for fund activities, including reviewing corporate actions and advising on their tax implications
• Support financial statement audits from a tax perspective, and support responses to Canada Revenue Agency (CRA) inquiries, notices of assessment, and audits
• Assist in reviewing tax-related disclosures in fund offering documents and prospectuses to ensure accuracy and compliance with tax laws
• Establish and advise on tax policies and procedures for funds, implementing controls to manage tax risk and ensure compliance
• Monitor and interpret changes in tax legislation and industry developments, and provide timely notification and guidance to the team and clients on these developments

About the team

Deloitte offers clients a broad range of fully integrated tax services. Our approach combines insight and innovation from multiple disciplines with business and industry knowledge to help your company excel globally.

 

A job in Tax will offer you the opportunity to:

 

• Work in a stimulating and very high-energy environment with like-minded people who are eminent in their respective technical fields;
• Develop solutions through discussion with your team and clients;
• Continue your professional development in order to progress in your chosen career path

Enough about us, let’s talk about you

You are someone with these required skills: 

 

• A CPA designation (Canada) or equivalent and an undergraduate degree in accounting, finance, or business
• 2+ years of relevant experience in Canadian Tax, with a focus on investment funds or financial services tax.
• Completion of the In-Depth Tax Program (IDTP) of CPA Canada or a Master’s in Taxation preferred
• Demonstrated expertise in the taxation of investment funds, including in-depth knowledge of trust and partnership tax rules, mutual fund structures, and related compliance requirement
• Experience overseeing the preparation or review of complex tax returns and schedules for investment fund clients (T3 Trust returns, T2 corporate fund returns, T5013 partnership returns, slips, etc.)
• Familiarity with international tax considerations for funds (e.g. FATCA/CRS, PFIC, withholding tax issues) and the ability to coordinate advice across jurisdictions (experience with U.S. or cross-border fund tax matters is a plus)
• Strong leadership and project management skills – proven ability to manage multiple engagements and teams simultaneously, while delivering exceptional client service and meeting deadlines
• Excellent communication and advisory skills: ability to explain complex tax concepts to non-specialist clients and to advise senior client executives confidently
• A track record of mentoring and developing staff, and leading high-performing teams on client engagements
• Business development acumen – experience building client relationships, identifying consulting opportunities, or contributing to proposals and market initiatives
• Proficiency with tax research tools and tax compliance software (e.g., Taxprep, iFirm); knowledge of investment fund accounting/reporting systems (MPower, InvestOne, Eagle, or similar) is an asset

Total Rewards

The salary range for this position is $68,000 - $102,000, and individuals may be eligible to participate in our bonus program. Deloitte is fair and competitive when it comes to the salaries of our people. We regularly benchmark across a variety of positions, industries, sectors, targets, and levels. Our approach is grounded on recognizing people's unique strengths and contributions and rewarding the value that they deliver.

Our Total Rewards Package extends well beyond traditional compensation and benefit programs and is designed to recognize employee contributions, encourage personal wellness, and support firm growth. Along with a competitive base salary and variable pay opportunities, we offer a wide array of initiatives that differentiate us as a people-first organization. On top of our regular paid vacation days, some examples include: $4,000 per year for mental health support benefits, a $1,300 flexible benefit spending account, firm-wide closures known as "Deloitte Days", dedicated days of for learning (known as Development and Innovation Days), flexible work arrangements and a hybrid work structure.

 

Our promise to our people: Deloitte is where potential comes to life.

 

Be yourself, and more.

We are a group of talented people who want to learn, gain experience, and develop skills. Wherever you are in your career, we want you to advance.

You shape how we make impact.

Diverse perspectives and life experiences make us better. Whoever you are and wherever you’re from, we want you to feel like you belong here. We provide flexible working options to support you and how you can contribute. Be the leader you want to be.

Be the leader you want to be

Some guide teams, some change culture, some build essential expertise. We offer opportunities and experiences that support your continuing growth as a leader.

Have as many careers as you want.

We are uniquely able to offer you new challenges and roles – and prepare you for them. We bring together people with unique experiences and talents, and we are the place to develop a lasting network of friends, peers, and mentors. Our TVP is about relationships – between leaders and their people, the firm and its people, peers, and within in our communities.

The next step is yours

 

At Deloitte, we are all about doing business inclusively – that starts with having diverse colleagues of all abilities. Deloitte encourages applications from all qualified candidates who represent the full diversity of communities across Canada. This includes, but is not limited to, people with disabilities, candidates from Indigenous communities, and candidates from the Black community in support of living our values, creating a culture of Diversity Equity and Inclusion and our commitment to our AccessAbility Action Plan ,  Reconciliation Action Plan and the  BlackNorth Initiative .

We encourage you to connect with us at View email address on careers.deloitte.ca if you require an accommodation for the recruitment process (including alternate formats of materials, accessible meeting rooms or other accommodations). We’d love to hear from you!

By applying to this job you will be assessed against the Deloitte Global Talent Standards. We’ve designed these standards to provide our clients with a consistent and exceptional Deloitte experience globally.
Deloitte Canada has 30 offices with representation across most of the country. We acknowledge our offices reside on traditional, treaty and unceded territories as part of Turtle Island and is still home to many First Nations, Métis, and Inuit peoples. We are all Treaty people.