Tax Manager - Wealth Management

Tax Manager - Wealth Management Tax

Location: Toronto, ON
Hybrid Model

Join a Leading FinTech Company!

We are seeking a Tax Manager to join a growing, in-house tax team at a leading FinTech company. In this role you will be responsible for Canadian and US tax related functions.

You will play a key role in supporting the development, testing, and integration of a new wealth account platform while managing day-to-day tax functions and providing critical support for tax reporting and compliance for a diverse portfolio of wealth customers.

Canadian Tax Responsibilities:

• Comprehensive tax reporting for individuals, including preparation and reconciliation of all relevant Canadian tax slips (T3, T5, T5008, etc.)
• Transactional taxation, including securities trading, mutual funds, dividends, and capital gains
• Managing and interpreting corporate actions and their tax implications
• Familiarity with wash sales and their treatment under Canadian tax law
• Handling of withholding tax processes, including domestic and foreign reporting requirements
• Cross-border transactions and international tax considerations

US Tax Responsibilities:

• Tax Compliance: Oversee daily and monthly tasks such as IRA, NRA, and backup withholding calculations, payment reconciliation, and income-related event analysis.
• Tax Reporting: Manage annual client reporting, including the preparation of 1099s, RMDs, 1099Rs, and 5498 forms, ensuring all tax information is accurate and timely.
• Transactional Data Analysis: Analyze corporate actions, dividend/interest payments, amortization/accretion, income allocations, and gains/losses, making necessary tax adjustments.
• Fixed Income Analysis: Analyze fixed income for bond discount, original issue discount (OID), MBS, and REMIC reporting.
• Support and Guidance: Provide technical tax advice and support to the wider team, especially on complex tax issues and discrepancies in taxlot cost calculations.
• Process Improvements: Review and, if necessary, implement new processes and controls for tax compliance, globally.

Required Experience & Skills:

• Degree in Finance or Accounting
• 5+ years of technical Canadian Tax experience within the wealth management sector
• Experience with US Tax will be advantageous, but not essential.
• Experience with wealth management tax reporting.
• Senior-level experience in Canadian personal taxation, including all relevant tax slips (T3, T5, T5008, etc.)
• Strong knowledge of transactional tax (securities, funds, dividends, capital gains)
• Experience with corporate actions, wash sales, and withholding tax
• Familiarity with cross-border transactions

What you'll get:

• Market related base salary
• Referral bonuses.
• Discretionary annual performance bonuses
• Pension: match 150% of employee's pension contribution up to 4%. Immediate eligibility.
• Life Insurance
• 4 Weeks of Vacation in addition to 1 birthday day.
• Health Spending Account (HSA).
• Wellness Savings Account (WSA).
• Flexible Health and Dental Insurance options
• Paid volunteer leave.
• 26 weeks of primary and secondary parental caregiver leave at full salary

If you're an experienced tax professional with a passion for FinTech and a desire to work on cutting-edge investment platforms, we want to hear from you. Join this dynamic team and help shape the future of wealth management in a hybrid work environment.