What is the opportunity?

The incumbent will be responsible for the planning and production of tax reports and returns for our investment fund clients. In order to be successful, the incumbent must have a thorough understanding of the tax reporting requirements of investment funds and strong managerial skills. The outcome will be compliant to all tax requirements and accurate and timely tax reporting for RBC Investor Services (IS) clients.

What will you do?

• Prepare and review tax return for trust and corporations, HST return and information for unitholder tax reporting.
• Compute and allocate income and gain/loss allocation for segregated funds
• File tax returns and communicate with CRA on matters relating to trust, corporate and HST returns including Notice of Objection
• Review complex corporate actions and assist external auditor by providing rationale for the tax treatment
• Lead changes to distribution modules for corporation and Trust including writing requirements and testing
• Oversee Fund Distribution including review of Fund distributions, training of fund accountants on distribution and maintain tax profile for the funds.
• Maintain & review desk operating procedures for general and client specific tax procedures
• Assist Manager in rolling out new regulatory changes impacting tax reporting
• Identify and streamline processes to improve efficiency and automation in tax processes
• Provide customer service by responding to inquiries and requests from internal departments and clients
• Participate in pre and post year end tax meetings with clients, auditors and internal departments

What do you need to succeed?

Must have:

• 3+ years of experience in investment fund tax reporting
• 3+ years of fund accounting or related experience in the investment fund industry or public accounting preferably in the financial services industry
• Excellent verbal and written communication skills
• Proven organizational and time management skills

Nice-to-have:

• CPA or Working towards CPA designation
• CICA In-Depth Tax Course
• Industry related courses (CSC, or CFA)
• Previous experience in preparation of trust and/or HST returns

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, Customer Service, Fund Distribution, Segregated Funds, Taxes, Tax Reporting

Additional Job Details

RBC CENTRE, 155 WELLINGTON ST W:TORONTOTORONTOCanada37.5Full timeWEALTH MANAGEMENTRegularSalaried2025-03-062025-04-18

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

Inclusion and Equal Opportunity Employment

At 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.