Tax Analyst

What is the opportunity?

The incumbent plays a key role as they will be responsible for accurately and consistently processing of corporate action on tax basis for all funds/clients. They will be the point of contact for Fund Auditors for all corporate action backups and queries and be responsible for tax sub-ledger gain/loss and cost and corporate action GLs.

What will you do?

• Review corporate actions to determine tax treatment for all corporate actions for fund accounting clients
• Review CRA website and update approved foreign spin off on tax deferred basis on tax sub-ledger and GLs
• Process and review corporate actions on tax basis to reflect the tax cost and offsetting entries in GLs as needed for all funds in fund accounting
• Work closely with Pricing team regarding corporate actions processed, review the corporate action log to make sure it is accurate
• Review corporate action related GLs to make sure the amounts are accurate
• Provide fund auditors all information to relating to corporate actions including backups
• Work with TAG, Corporate Action to make sure treatment is consistent with custody and other RBC Platforms
• Update tax sub-ledger cost adjustments for corporate action and other fund events like fund mergers
• Reasonability checks on tax sub-ledgers compare to accounting and tax and accounting cost
• Responsible for updating tax costs on fund conversion to tax sub-ledgers

What do you need to succeed?

Must-have

• 2 + year of experience preferably in fund accounting
• University Degree on Business, Finance or Commerce
• Canadian Securities course or industry related course

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
• 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

Additional Job Details