Mutual Fund Accountant- T3/T2 Taxation

re you skilled in Canadian management and taxation of investment funds? Apply Now!

Working with one of our top financial clients, this role calls for a Mutual Fund Accountant focused on T3 and T2 Taxation. This position involves validating complex financial and tax data for mutual funds, ensuring regulatory compliance, and supporting accurate financial statement reporting and tax filings. The role requires a blend of analytical expertise and detailed knowledge of Canadian income tax laws to manage ongoing fund accounting and taxation processes effectively, with scope for extension and potential full-time conversion.

Responsibilities

Review and ensure the accuracy and timeliness of financial statements in compliance with regulatory standards.
Prepare and file T3 and T2 tax returns accurately and on schedule, adhering to the Canadian Income Tax Act.
Conduct detailed analysis of complex corporate actions affecting mutual funds, including their accounting and tax implications.
Calculate and analyze income and capital gains distributions for mutual fund trusts, corporations, and pooled funds, ensuring compliance with tax legislation.
Determine tax factors for various fund classes and unitholder distributions, enhancing the accuracy of T3 unitholder filings.
Support regulatory and internal audits by providing detailed, validated financial and tax data.
Collaborate with cross-functional teams to ensure compliance with regulatory changes and industry standards.
Desired Skill-Set

Extensive knowledge of the Canadian Income Tax Act and related regulatory requirements.
Significant investment fund accounting experience, with 3-5 years of relevant expertise.
Proven experience in preparing, reviewing, and analyzing financial statements and notes for investment funds.
Strong understanding of mutual fund distributions, tax returns, and related tax impact assessments.
Working knowledge of IFRS standards and their application to investment funds.
Proficiency with Microsoft Office (Word, Excel) and relevant accounting software.
Excellent verbal and written communication skills, high attention to detail, and strong critical thinking abilities.
Nice to Have

Experience with TaxPrep software.
Progress towards or holding an professional accounting designation (e.g., CMA, CGA).
Certifications such as CIFC or CSC.
Familiarity with operational tools and automated systems used within the industry.
Knowledge of derivatives and securities industry regulations impacting fund reporting.