Canadian Fund Tax - Associate / Assistant Vice President

About the role

iCapital's rapid expansion in the Canadian marketplace creates an opportunity for an experienced and talented tax professional to support its Canada expansion strategy in a newly created role within the Operations and Investment Product Management team. This role, along with team members, will service all Canadian access funds for tax compliance related matters.

Responsibilities

• Support the Canada tax team with full cycle of Canadian income and indirect tax compliance by actively coordinating work with external tax service providers, fund administrator, and internal teams to drive deliverables for feeder funds structured as trusts and partnerships
• Assist in monitoring investors inquiries on T3, T5013, T5008, NR4 tax slips from investors, and coordinate with external advisors to support the process of Canadian income tax and information returns, SLFI returns and US tax returns.
• Assist with fund tax structuring discussion, coordinate with external tax providers and internal teams to ensure structuring material is well documented and accurately maintained.
• Responsible for registration and account opening for income, sales tax and non-resident account with the CRA and Revenue Quebec for the feeder funds, maintaining the tax accounts, and handling correspondence with the revenue agencies on these matters.
• Coordinate closely with fund administrator and fund finance teams to streamline the tax payment process.
• Responsible for managing the mail tax notices including sorting, scanning, and logging in a timely and accurate manner. Proactively communicate updates and feedback on the status of tax notices and correspond with the CRA with the assistance of external tax advisors.
• Coordinate with internal teams and external service providers to ensure tax slips are posted on platforms successfully.
• Coordinating the tracking and retrieval of tax documents, including but not limited to tax estimates, K-1s, and all tax documents for our third-party preparers.
• Assist the external tax service provider in collecting information for Canadian income and sales tax return filings, as well as investor reach out for provincial allocation percentage for sales tax
• Create and maintain investment portal access for portfolio investments across multiple funds.
• Manage mail including returned mails and other tax related mail correspondence.
• Monitor tax email distribution lists and email boxes to ensure timely responses to inquiries.
• Create and document clear tax operations procedures to be followed by external service providers and internal teams as required.

Requirements

• Bachelor's degree
• Experience in fund tax and dealing with the CRA in investment funds/asset management environment is preferred
• Willing to learn new topics and work in an evolving business environment
• Work effectively with cross functional teams
• Strong Excel skills
• Comfortable learning new systems and technology
• Organized, self-motivated, and detail-oriented with ability to see the big picture
• Passionate about being a part of our iCapital team and representing our company with integrity, dignity, and pride

Benefits

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