Senior Tax Reporting Analyst

Job Description

What is the opportunity?

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.

What will you do?

• 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.

What do you need to succeed?

Must-have:

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

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
• 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

Additional Job Details

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Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Compensation for this position (including salary and discretionary/variable payments) will be determined by factors, including but not limited to candidate's experience, skills, registration status, performance, individual goals, market conditions, and business needs.

Pay Range

The expected pay range for this position is:

The pay range provided is for the primary work location referenced in the Additional Job Details section of this job posting. Pay ranges may differ based on location. If the posting lists multiple job locations, a recruiter can confirm availability of the role and the relevant pay rage for the additional locations listed. RBC supports pay transparency and we strive to ensure all pay ranges are competitive, fair, and equitable.

You have the potential to earn RBC's discretionary variable compensation program which gives you an opportunity to increase your total compensation, provided that business meets its performance targets and you meet your individual goals.

Our Employment Opportunities

At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One RBC. We believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.

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RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.