Accounting Specialist, Finance-Investment

Toronto Administration Full Time 26820 24 November 2023 Laurentian Bank. Seeing beyond numbers Building a better and different financial institution Financial Benefits

Commuting and Travelling

Food and Drinks

Pension plan

Mortgage, Line of Credit, Personal Loan, ...at low interest rates

Seeing beyond numbers™ At Laurentian Bank, we believe we can change banking for the better. Founded in Montreal in 1846, Laurentian Bank helps families, businesses and communities thrive. Today, we have over 3,000 employees working together as One Team, to provide a broad range of financial services and advice-based solutions for customers across Canada and the United States. We drive results by placing our customers first, making the better choice, acting courageously, and believing everyone belongs. This role sits within LBC Tech, a subsidiary of Laurentian Bank.

The Tax Reporting Specialist is responsible for the calculation, reconciliation and monthly remittances and the year-end tax filings to CRA (Canada Revenue Agency), RQ (Revenue Quebec) for all for registered and investment accounts. This is a specialized role, that also includes estate tax reporting as well as acting as a liaison between LBC Tech and CRA and RQ and dealing with any client tax questions and issues.

Year End Tax Reporting (Filing) for registered accounts - Complete yearend tax filings to CRA, Revenue Quebec prior to filing deadlines for the following receipts: Ensure client tax receipts are created and sent prior to regulatory deadlines.

Year End Tax Reporting (Filing) for investment accounts - Complete year-end tax filings to CRA, Revenue Quebec, deadlines for the following receipts: Ensure client tax receipts are created and sent prior to regulatory deadlines

Ensure daily/weekly tax GL's reconcile with monthly tax audit listings. Review and distinguish between instant admin relief and written admin relief to CRA and ensure filing are completed on a Tri-annual basis.

Review completed tax receipts and reporting

Ensure tax reporting is completed by regulatory deadlines

Ensure contract staff are trained on tax reporting for estates

Ensure tax receipts are properly created for all estate accounts that have settled within the tax year

Act as a tax information resource for internal and external clients regarding all tax-related matters, by responding to e-mail and phone queries from internal and external clients including inquiries regarding pending and completed estate plans

Handling all escalated issues with regards to Tax reporting on Registered, Investments and Estate accounts.

Investment Account Liaison - Liaise with CRA, Revenue Quebec and ITSO and IRS regarding reporting, inquiries and issues.

Education/skills acquired through completion of a post-secondary degree or equivalent (e.g. non-specialized bachelor degree or business-related community college diploma), combined with more than two years of work experience related to Tax reporting with a financial institution

Completion of Investment Funds of Canada (IFIC) or Canadian Securities Course (CSC)

Strong knowledge of Canadian federal Income tax laws, foreign affiliate taxation rules and international tax treaties.

Excellent knowledge of various self regulatory organizations (ie: CRA, RQ, MFDA, IIROC and AMF)

Possess intermediate to advanced skills in MS Excel. Computer literacy in Word and Outlook a must; familiarity with using large and complex financial database systems

Workflow systems, ability to learn inquiry functions in back office processing systems

Able to work in a high volume environment with an extremely demanding time frames

Familiarity with 5S, Kaizen Principles, Six Sigma or other Continuous Improvement methodologies is an asset

Inclusion and Accessibility

At Laurentian Bank, we believe everyone belongs. We are committed to fostering an inclusive work environment that reflects the diversity of our customers and our communities and where everyone feels like they belong and can thrive. To this end, we encourage applications from individuals from equity-deserving groups, including Indigenous persons, racialized and persons with disabilities, marginalized genders and the 2SLGBTQIA+ community.

We strive to offer a flexible and accessible work experience that is inclusive of everyone. We may collect, use or disclose your personal information for the purpose of establishing an employment relationship with you.