Manager Tax Reporting

Permanent Full Time

The Tax Reporting Team is responsible for ensuring accurate and timely tax reporting for our Insurance and Wealth business at Canada Life. The Tax Reporting Team is responsible for issuing approximately 2M annual client tax slips and receipts to clients and the associated reporting to Canada Revenue Agency (CRA) and Revenue Quebec (MRQ); addressing client and advisor inquiries; remitting withholding tax to CRA/MRQ and completion of the associated account reconciliations.

Reporting to the Director, Financial Operations, the Manager will lead Tax Reporting Team providing oversight to both the registered and non-registered teams within in a highly deadline driven environment. The incumbent will be responsible to oversee the distribution of work within the teams, manage issues/ escalations as they arise, provide technical guidance, and for coaching & performance management. In addition, the incumbent will provide expertise on the impact of business initiatives for relevant financial/ policy administration systems and processes. This role supports both Individual and Group Customer and interacts closely with clients, advisors and the Administration teams.

What will you do:

• Oversee the execution and delivery of client tax reporting within stringent CRA/MRQ deadlines
• Ensure the completion of financial transactions, reconciliations, and journal entries in compliance with internal, legislative and regulatory requirements
• Direct leadership of team, providing technical guidance and support, managing workflow distribution, supporting growth and development through on-going coaching, feedback and performance management
• Manage, research and resolve escalated client and advisor issues and inquiries
• Drive changes to relevant tax related systems, processes and interfaces to ensure accurate tax reporting
• Liaise with clients, advisors, CRA and MRQ.
• Promote continuous improvement of processes and procedures
• Adherence to Internal Controls Over Financial Reporting and regulatory bodies
  
  

What will you bring:

• Completion of post-secondary education, preferably in a Finance related field
• Completion of a professional accounting designation is preferred
• 3-5 years of experience in a Finance/ Tax related position is required
• Solid understanding of tax legislation and tax processes
• Strong attention to detail
• Experience in supervising and/or leading staff within a team environment
• Excellent communication skills
• Strong critical thinking skills, problem-solving and decision-making ability
• Ability to work overtime during tax season (January – April)
• Bilingualism is an asset
• Professional and approachable with an emphasis on collaborative working relationships
  
  

The base salary for this position is between $87,000 - $144,900 annually. This represents base salary only and does not represent other variable compensation components of our total compensation ( i.e. annual bonus, commission etc). If you are selected to move forward in our recruitment process, your recruiter will be able to discuss additional details of our total rewards program with you.

Career opportunities will be open a minimum of 5 business days from the date of posting, closing dates will vary depending on the search activity. All applications received will be reviewed on a rolling basis.

Be your best at Canada Life- Apply today!

Being a part of Canada Life means you have a voice. This is a place where your unique background, perspectives and talents are valued, and shape our future success.

You can be your best here. You’re part of a diverse and inclusive workplace where your career and well-being are championed. You’ll have the opportunity to excel in your way, finding new and better ways to deliver exceptional customer and advisor experiences.

Together, as part of a great team, you’ll deliver on our shared purpose to improve the well-being of Canadians. It’s our driving force. Become part of a strong and successful company that’s trusted by millions of Canadians to do the right thing.

Canada Life serves the financial security needs of more than 13 million people across Canada, with additional operations in Europe and the United States. As members of the Power Financial Corporation group of companies, we’re one of Canada’s leading insurers with interests in life insurance, health insurance, investment and retirement savings. We offer a broad portfolio of financial and benefit plan solutions for individuals, families, businesses and organizations. 

We are committed to providing an inclusive, accessible environment, where all employees and customers feel valued, respected and supported. We are dedicated to building a workforce that reflects the diversity of the communities in which we live, and to creating an environment where every employee has the opportunity to reach their potential. 

It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Canada Life policies. To request a reasonable accommodation in the application process, contact [email protected].

Canada Life would like to thank all applicants, however only those who qualify for an interview will be contacted.