Senior Tax Reporting Analyst

Royal Bank of Canada•Toronto, ON

15h•CA$67,000 - CA$110,000•Onsite

About The Position

The incumbent plays a key role as they will be responsible for accurately and consistently processing of corporate action on tax basis for all funds/clients. They will be the point of contact for Fund Auditors for all corporate action backups and queries and be responsible for tax sub-ledger gain/loss and cost and corporate action GLs.

Requirements

2 + year of experience preferably in fund accounting
University Degree on Business, Finance or Commerce
Canadian Securities course or industry related course

Nice To Haves

Active Learning
Adaptability
Business Appraisals
Critical Thinking
Customer Service
Decision Making
Effectiveness Measurement
Operational Delivery
Process Improvements

Responsibilities

Review corporate actions to determine tax treatment for all corporate actions for fund accounting clients.
Review CRA website and update approved foreign spin off on tax deferred basis on tax sub-ledger and GLs.
Process and review corporate actions on tax basis to reflect the tax cost and offsetting entries in GLs as needed for all funds in fund accounting.
Work closely with Pricing team regarding corporate actions processed, review the corporate action log to make sure it is accurate.
Review corporate action related GLs to make sure the amounts are accurate.
Provide fund auditors all information to relating to corporate actions including backups.
Work with TAG, Corporate Action to make sure treatment is consistent with custody and other RBC Platforms.
Update tax sub-ledger cost adjustments for corporate action and other fund events like fund mergers.