Manager, Tax - TD Asset Management

Work Location: Toronto, Ontario, Canada

Hours: 37.5

Line of Business: Finance

Pay Details: $140,000 - $150,000 CAD

This role is eligible for a discretionary variable compensation award that considers business and individual performance.

TD Asset Management Inc. ("TDAM"), a member of TD Bank Group, is a North American investment management firm that offers investment solutions to corporations, pension funds, endowments, foundations and individual investors. TDAM manages assets on behalf of almost 2 million retail investors and offers a broadly diversified suite of investment solutions including mutual funds, professionally managed portfolios and alternative investments. Asset management businesses at TD manage more than $400 billion in assets.

The Investment Funds Tax team is responsible for all tax matters including tax compliance, research, advocacy and issue resolution.

Position Summary: The Tax Manager is responsible for tax compliance for more than 260 funds, including mutual funds, pooled funds, segregated funds, limited partnerships, exchange‑traded funds and a mutual fund corporation administered by a third‑party administrator. This is a hands‑on position that primarily focuses on investment funds in Canada and reports to the Head of Tax‑Investment Fund. Development opportunities will be available for offshore alternative funds.

• Oversee funds’ mock and year‑end distribution review process, acting as the key contact with fund administrators, external tax advisors, and internal wealth management partners. Understand fund accounting and its implications for tax distribution.
• Review and file T3 tax returns and related tax forms for TD funds prepared by external tax advisors.
• Apply knowledge of the investment fund industry and familiarity with various asset classes, including mutual fund trusts and mutual fund corporations.
• Review HST returns and PFIC factors.
• Serve as primary contact for foreign tax agents and ensure tax compliance in foreign jurisdictions.
• Track and maintain proper audit trails of tax issues and matters; ensure proper follow‑through and issue resolution.
• Review corporate actions for proper treatment and advise on complicated corporate actions.
• Work closely with external auditors on year‑end and interim audits from a tax perspective, and with tax authorities on notices of assessments, audits and other tax matters.
• Assist in reviewing tax‑related disclosures in fund prospectuses, offering documents and related legal documents.
• Respond to tax inquiries from internal business partners, maintaining strong relationships with TD Corporate Tax and TD Wealth Tax Operations.
• Assist in establishing and maintaining proper policies, procedures, and controls for managing tax risks.
• Collaborate with the vendor manager to handle engagement letters, fee approvals and vendor performance.
• Stay abreast of and provide timely notification of upcoming, pending, and approved tax legislative changes.
• Maintain strong attention to detail and meet tight deadlines.

• University degree in accounting, taxation, or a related business administration discipline. Enrolment or completion of CICA in‑depth tax courses I and II is an asset.
• 3‑5 years of investment‑fund‑related tax experience in a major accounting firm, asset manager or fund administrator.
• Demonstrated tax experience with mutual fund corporations, partnerships, trusts, regulated investment entities, various security types and derivatives.
• Experience in handling tax audits and resolving tax issues with minimal supervision.
• Strong technical research, analytical and problem‑solving skills.
• Strong communication, teamwork and relationship‑building skills.
• Strong organizational skills and the ability to consistently meet tight compliance deadlines.
• Self‑motivated, with initiative to improve tax‑related processes and procedures.
• Proficiency with Microsoft Excel, Word and other MS Office applications; and with tax databases and applications.

4 days required in the office.

Our Total Rewards package includes base salary, variable compensation, health and well‑being benefits, savings and retirement programs, paid time off, banking benefits and discounts, career development, and reward and recognition programs.

Sans Objet