Analyst, Tax Reporting

Questrade Financial Group•Toronto, ON

1d•CA$60,000 - CA$65,000•Hybrid

About The Position

Questrade Financial Group (QFG) is a financial services company that offers a range of services including investments, managed portfolios, mortgages, and real estate services, leveraging cutting-edge technology to enhance financial success and security for Canadians. QFG combines human-centric collaboration with AI-driven innovation to redefine financial services, seeking candidates who can drive change and utilize AI to transform customer experiences and empower teams. The company offers a diverse, inclusive, and hybrid workplace that encourages creativity and curiosity. This specific job posting is for an existing vacancy within the Tax Operations team for a Tax Reporting Analyst. The role is crucial for ensuring Questrade's compliance with Canadian (CRA, MRQ) and US (IRS) tax regulations. The analyst will manage the entire tax reporting lifecycle, from verifying client residency and classifying securities to issuing tax slips and performing electronic filings.

Requirements

Post-secondary education, preferably in Finance, Economics, or related field
Prior work experience in a Tax Reporting role, focusing on Canadian &/or US tax reporting to clients would be preferred
Prior work experience (2 years+) in an operational, continuous improvement or client service role, preferably within a financial services organization is an asset
Demonstrated success in deploying effective and personalized marketing communications
Experience in client &/or securities taxation is strongly preferred
Knowledge of the securities industry is an asset
Intermediate/ Advanced knowledge of excel or google sheets is strongly preferred
Experience with Qualified Intermediary obligations is an asset
Excellent written and verbal communication skills
Detail oriented, a self motivated individual with the ability to work independently with little supervision
Strong analytical skills to manage large data
Excellent organizational skills
Strong work ethic, result focused, and deadline driven
Strong research & problem solving skills
Strong continuous improvement mindset, and a desire to bring improvements to the table
Collaborative team player, flexible, and with a strong customer service mindset

Nice To Haves

Experience with Broadridge systems would be a nice to have
Having knowledge of the securities industry is an asset
Having experience with Broadridge systems would be a nice to have

Responsibilities

Performing periodic tasks as needed to comply with Canadian and US tax reporting regulations
Reviewing documentation on client accounts and determine appropriate tax residency
Preparing/ coordinating payment requests for withholding tax remittance to regulators
Reconciliations of income and withholding tax
Responding to internal and external tax related queries
Participating in the preparation of client and regulatory tax reporting
Generating one or more of the following tax slips: T5, T3, T5013, NR4, T5008, T1135, 1099, 1042S, Realized Gain/Loss report, and/or K-1
Preparing XML filings
Ensuring FATCA/CRS Reporting is completed with the CRA before deadlines
Reviewing & entering provided tax factors for securities in the tax system
Reviewing & entering provided client &/or securities transactions in the tax system
Updating and reconcile year-end tax records
Reviewing securities to determine most appropriate type to ensure income is reported on the correct tax slip
Reviewing corporate actions to determine US &/or Canadian tax applicability
Tracking work completed & any errors found
Identifying and bringing process improvement opportunities to the table
Collaborating with other team members, or other departments on mini projects
Other ad hoc duties, and projects, as assigned