Senior Tax and Reporting Specialist – Royal Bank of Canada

Title of the Job: Senior Tax and Reporting Specialist

Location: Toronto, ON

Job Description: Job SummaryJob DescriptionWhat is the opportunity?This role will support RBC Investor Services (IS) where the incumbent will be required to provide consulting and information-sharing tax services for the organization and ensure that all appropriate tax regulations are followed. The incumbent will need to apply their experience and seasoned knowledge, skills, and practices to perform a variety of assignments.What will you do?

• Responsible for maintaining the shareholder tax records of various Fund Companies, and providing reporting in accordance with government policies, tax laws and national/provincial policies
• Responsible for accurate and timely production of all unitholder Tax reporting
• Responsible for remittance of withholding taxes to the government agencies in a timely manner according to due dates required by CRA
• Monitor and apply all CRA shareholder taxation requirements
• Monitor all tax reports and inform appropriate teams of any discrepancies and ask for resolution
• Reconcile all income distributions
• Work with various teams to clear rec. items
• Work with other teams within organization to improve Operating Procedures for tax processes
• Work towards improving our tax reporting to shareholders, fund managers and CRA
• Balance and input allocation factors for the shareholders tax slips

What do you need to succeed?Must have:

• 3+ years of relevant experience in Banking/Financial Services
• Knowledge of Unitrax record keeping system
• Knowledge of PC applications such as Word and Excel
• Experience with Unitrax and Trust an asset

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 Communication, Critical Thinking, Detail-Oriented, Group Problem Solving, Knowledge Organization, Long Term Planning, Taxes, Tax Management, Tax Operations, Tax Regulations, Tax ReportingAdditional 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: 2024-09-10Application Deadline: 2024-10-31Inclusion 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 .

Company Name: Royal Bank of Canada

Salary:

Apply for the job!