Job Description

Come Work with Us!

At RBC, our culture is deeply supportive and rich in opportunity and reward. You will help our clients thrive and our communities prosper, empowered by a spirit of shared purpose.

Whether you're helping clients find new opportunities, developing new technology, or providing expert advice to internal partners, you will be doing work that matters in the world, in an environment built on teamwork, service, responsibility, diversity, and integrity.

Job Title Tax Research and Compliance Manager



What is the opportunity?

You will provide support, training, and review of complex fund distributions, tax factor, and tax return process. Success will be achieved by being aware of the tax reporting requirements of investment funds and communicating to internal and external departments these rules in an understandable way in order to be implemented. The desired result will be that tax reporting requirements are provided in a way that provides high quality services to RBC Investor and Treasury Services clients, their investors, and reduces the risk of distribution and/or other tax reporting errors.

What will you do?

• Review new fund tax reporting requirements and liaise internally to setup the fund to meet tax reporting requirements. The focus will be on funds where there are complexities and/or fund specific issues which impact distributions.
• Lead tax reporting activities in fund events and work with internal teams to enable them to meet client deliverables.
• Oversee Fund Distribution including review of Fund distributions, and train fund accountants on distribution theory. Research and review new and/or changes to tax regulations, prepare related technical memorandum for distribution internally to Fund Accounting and externally to clients.
• Review complex corporation actions and advise on tax treatment for processing.
• Review complex tax deliverables.
• Provide customer service by responding to inquiries and requests from internal departments and clients as needed
• Participate as needed in the pre and post year end tax meetings with clients, auditors and internal departments.
• Participate in Industry Tax Groups and Seminars
• Train Tax Reporting Analysts, contractors on tax deliverables.

What do you need to succeed?

Must have:

• Business Degree, together with CPA, CGA or CPA, CA or equivalent
• 5+ years of related tax reporting experience in the investment fund industry or public accounting preferably in the financial services industry
• Excellent verbal and written communication skills
• Proven organizational and time management skills

Nice to have:

• CICA In-Depth Tax Course
• Industry related courses (CSC, or CFA)
• Experience in investment fund taxation
• Project management skills

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.

• A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable
• Leaders who support your development through coaching and managing opportunities
• Ability to make a difference and lasting impact
• Work in a dynamic, collaborative, progressive, and high-performing team
• Opportunities to do challenging work
• Opportunities to building close relationships with clients

Job Summary The position will require the candidate to provide support, training, and review of complex fund distributions, tax factor, and tax return process. Success will be achieved by being aware of the tax reporting requirements of investment funds and communicating to internal and external departments these rules in an understandable way in order to be implemented. The desired result will be that tax reporting requirements are provided in a way that provides high quality services to RBC Investor and Treasury Services clients, their investors, and reduces the risk of distribution and/or other tax reporting errors.

Address: TORONTO, Ontario, Canada

City: CAN-ON-TORONTO

Country: Canada

Work hours/week: 37.5

Employment Type: Full time

Platform: Investor and Treasury Services

Job Type: Regular

Pay Type: Salaried

Posted Date: 2022-10-26-07:00

Application Deadline:

Inclusion and Equal Opportunity Employment

At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.

We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.

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Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at rbc.com/careers.