Job Description

Prasad & Company LLP is seeking Intermediate Tax Accountant to join our team.

Prasad & Company LLP provides essential services to a varying array of businesses, not-for-profit organizations, and personal clients. Prasad & Company LLP thrives on a family-style boutique practice which allow partners, managers, and staff alike to work closely with clients in a full range of services including business advisory, assurance, tax preparation, and estate and business succession planning.
Intermediate Tax Accountants are mentored by senior tax accountants and assist/provide support for tax engagements. This is ideal for a professional looking to specialize in tax.
As a certified, Great Place to Work®, our firm has a culture based on trust, transparency, innovation, and team spirit. We offer an extremely competitive compensation package including a Health Spending Account, Group Benefits, a Paid Time Off Program, various bonus programs, a commission program, a Pathway to Partnership Program, opportunities for growth and development and so much more.
Key Responsibilities:

• Manage assigned tax projects to ensure they are filed/completed by the due date. Projects may include T1, T2 NIL, T2, T3, T4, T5, T1134, and T1135.
• Conduct research and revise organizational charts for Tax Reorg projects as requested.
• Assist in CRA Tax Audit projects as assigned.
• Review Canadian tax engagements including the completion of corporate tax provisions and returns, year- end tax forms (T4s/T5s), calculating and reviewing share capital, and ensuring compliance with government standards.
• Complete research and participate in meetings to advise clients on corporate reorganizations for tax purposes including tax free rollovers, engagement planning, the collection of data, the development of step plans.
• Review personal tax returns with clients.
• Participate in the review of legal documents such as corporate minute books, articles of incorporation, purchase agreements and amalgamation agreements to identify tax issues and opportunities.
• Correspond with clients and various government agencies to address tax compliance issues.
• Prepare correspondence, technical reports, client summaries and presentations outlining findings, facts, and highlights resulting from the client engagement.
• Investigate and correct discrepancies/ irregularities in financial entries, documents, and reports.
• Apply knowledge of the Canadian Income Tax Act and related legislation to assigned project.
• Identify tax opportunities and develop and implement tax strategies.
• Maintain high-quality control by reviewing tax returns and other work done from other team members for accuracy and completeness; provide feedback to team members.
• Monitor project timelines against targets, adjust where necessary; advise clients of project status and seek clarification on discrepancies where applicable.
• Contribute to the development of new ideas and approaches to improve work processes.
• Assist with the training and development of junior team members.
• Participate in weekly tax meetings and collaborate with the Tax Team to achieve deliverables.
• Liaise and correspond professionally with clients, colleagues, and the firm leadership team.

• Advanced knowledge of the Canadian Income Tax Act, CAS, and Canadian Review Standards.
• Minimum 2-years of experience preparing personal, partnership, and corporate tax files.
• Professional and clear communication skills; verbal and written.
• Willingness to enroll in the Tax In-depth Program.
• Experience in completing US Tax filing is an asset.
• Excellent organization and time management skills.
• Ability to exercise flexibility, initiative, good judgement / discretion, and strong attention to detail.
• Strong problem-solving skills.
• Experience with Tax Cycle, CaseWare, and Jazz IT.
• Ability to effectively work under pressure and handle stressful situations.
• Post-secondary education in accounting, or finance is required or equivalent related experience.
• Must be able to work longer/extended hours in March and April, which may include some weekends.