Senior Tax Analyst

Job title:

Senior Tax Analyst

Company

Royal Bank of Canada

Job description

Job SummaryJob DescriptionWhat is the opportunity?The Senior Analyst is responsible for assisting with all activities related to Canadian tax reporting, tax withholding and tax remittance to the CRA and Revenue Quebec for all custody platforms (Trust, BANCS, Gplus, Milvus). Minimizing financial risk by ensuring compliance with CRA and Revenue Quebec reporting and remittance rules and internal policies and proceduresWhat will you do?

• Minimize financial/reputational risk by ensuring remittances & reconciliations are current with all tax authorities.
• Following operating procedures to ensure the accuracy, timeliness and completeness of tax reclaims, and relief at source filings for Global and Canadian withholding taxes.
• Ensure that all reporting and reconciliations ensure completeness of outstanding reclaims and assist clients’ with their reconciliations.
• Ensure all tax reclaims are completed on timely basis before client SLA deadlines.
• Continuously identify opportunities to enhance service for our clients by ensuring best practices are identified and applied. Focus on creating an environment of continuous improvement that assesses workflow, processes and procedures on an ongoing basis, ensuring maximum efficiency and quality.
• Ensure desk operating procedures are fully documented and current at all times.
• Ensure internal macros needed for certain reporting is tested and maintained properly.
• Develop and implement comprehensive operating procedures that ensure the accuracy, timeliness and completeness of tax withholdings, remittances, client reporting and associated regulatory filings.
• Ensure all Canadian tax reporting is completed on or before established deadlines
• Mitigate financial/reputational risk by ensuring appropriate structure, resources, procedures and controls are developed and maintained

What do you need to succeed?Must have:

• University degree with accounting/finance concentration or equivalent work experience.
• 2+ years securities/custody industry experience, knowledge of international markets, securities operations and related tax requirements.
• In-depth knowledge of both Global and Canadian tax reclaim filing.
• In-depth system knowledge of custody platforms.
• Canadian Securities Course.
• Ability to lead initiatives and projects complemented by strong project management skills and ability to meet strict deadlines.

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.
• Opportunity to obtain hands-on experience throughout your role
• 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 Active Learning, Adaptability, Business Appraisals, Critical Thinking, Customer Service, Decision Making, Effectiveness Measurement, Operational Delivery, Process ImprovementsAdditional Job DetailsAddress: RBC CENTRE, 155 WELLINGTON ST W:TORONTOCity: TORONTOCountry: CanadaWork hours/week: 37.5Employment Type: Full timePlatform: WEALTH MANAGEMENTJob Type: RegularPay Type: SalariedPosted Date: 2024-09-18Application Deadline: 2024-09-27Inclusion and Equal Opportunity EmploymentAt 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.Join our Talent CommunityStay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.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 .

Expected salary

Location

Toronto, ON

Job date

Fri, 20 Sep 2024 02:03:50 GMT

To help us track our recruitment effort, please indicate in your email/cover letter where (un-jobs.net) you saw this job posting.