Assistant Vice President, Corporate Tax
ivari
- Toronto, ON
- Permanent
- Full-time
- Support Canada Revenue Agency and provincial large case file audits, including handling queries and proposed adjustments, filing Notices of Objection with Appeals when necessary. Communicate, advocate, and negotiate as needed
- Oversee accurate and timely remittance of all corporate taxes
- Direct accurate tax accounting and provisions for all corporate taxes (current and deferred) to meet quarterly and annual filing deadlines for internal and external reporting, also for all financial projections
- Review all required prescribed tax returns to ensure preparation on a tax compliant basis for all taxable entities (corporations and trusts including Canadian Affiliates) with all federal and provincial jurisdictions, including international tax reporting requirements
- Monitor and review all tax changes in the legislative, regulatory, and judicial environments
- Recruit, train, develop and coach tax resources capable of discharging recurring day to day tax compliance duties
- Monitor policyholder tax administration policies, procedures, and systems to ensure compliance with tax withholdings and reporting requirements, including oversight of related IT transformation project
- Establish, maintain, monitor, and assess the effectiveness of internal controls for financial reporting of tax disbursements and accruals
- Monitor and review all related accounting changes, partnering with the Finance Department, to ensure the tax impacts are assessed and understood relative to the Company’s business and/or potential business, as well as for specific business transactions
- Support Sagicor related tax projects and work with Vice President, Corporate Tax to oversee external advisor’s work, or facilitate the completion of tax compliance deadlines
- Coordinate all internal and external processes related to tax compliances and tax provision
- Engage in industry-level consultations with tax authorities and peer companies
- Support other corporate objectives, as needed
- Tax accountant with Professional Accounting Certification (CPA) and related university degree
- Minimum of 12 to 15 years of senior corporate tax administration, compliance, and planning experience in issues related to life insurance (i.e., in a life insurance company or in the life insurance tax practice of an accounting firm providing tax advice and administration services to life insurance companies)
- Completion of the CICA in-depth tax course
- Member of the Canadian Tax Foundation and or Tax Executives Institute
- Contacts within the Canadian Life & Health Industry Association and industry with a good working relationship with CRA
- Knowledge of finance and accounting matters, certain actuarial matters, policyholder tax matters, product design and certain aspects of policy administration
- In-depth understanding of the business environment and good understanding of the company’s policies and practices in the insurance industry as a whole
- Excellent attention to detail and consistently high levels of accuracy
- A demonstrated ability to think broadly about tax information, think through problems, assess a variety of factors and recommend solutions
- Leadership/management skills and 5 years or more of supervisory experience
- Experience mentoring and coaching of direct reports to ensure work is performed and completed accurately and on time
- Proactive individual who keeps abreast of latest legislative and regulatory developments and their impact
- A fantastic vacation plan and time off
- A pension plan with 100% match by ivari
- Employee savings plan with 75% match to help you save even more
- Flexible and hybrid work arrangements
- Opportunities for professional development
- Recognition programs to cheer you on, motivate and reward
- Wellness programs to keep you healthy and happy
- Bringing clarity and focus to your work
- Taking ownership and doing what you say you will
- Remaining flexible
- Collaborating with others