Top Benefits
About the role
The Manager, International Taxation will support the Director & Head, International Tax Planning and Consulting and the Director, International Tax on various planning and compliance activities. This manager will also assist the International Tax team on Global Minimum Tax matters. Tax compliance includes ensuring that certain information returns, tax computations, tax provisions, audit information and responses to tax queries are prepared, documented, reviewed, filed, responded to, as the case may be, accurately and on a timely basis. Tax planning involves planning with respect to global tax implications of the bank's activities.
Is this role right for you? In this role, you will:
- Assist in the tax modelling, calculations, and compliance related to Global Minimum Tax.
- Assist in the planning activities of the Bank (which can include internal reorganizations, M&A activities, and other initiatives of the Bank).
- Prepare the Bank’s foreign affiliate information reporting tax returns (T1134s) and transactions with related non-residents (T106s) in an accurate and timely manner.
- Assist with quarterly reporting processes, including:
- Reviewing foreign subsidiaries’ tax provisions to confirm the current/deferred tax accounts on the income statement and balance sheet;
- Ensuring accurate recording of the tax expense/benefit in relevant accounts;
- Reviewing the reconciliation provided for the current and deferred balance sheet accounts; and
- Preparing various computations such as foreign tax credits.
- Be responsible for the timely collection and filing of tax, financial, organizational, and other information in respect of the foreign affiliates of the bank, in soft and hard forms as required.
- Provide informational and documentation support to the tax department and the Bank as a whole by assisting the International Tax team in answering queries and providing information and documentation in a timely and accurate manner, and coordinating with the Canada Revenue Agency where required in respect of such queries, information or documentation.
- Assist the International Tax team with responding to audit queries in respect of the Bank and its foreign subsidiaries
- Prepare and coordinate information for surplus computations.
- Provide statutory effective tax rate planning and forecast for international subsidiaries
Do you have the skills that will enable you to succeed? We’d love to work with you if you have experience with:
- Experience in preparing and reviewing tax provisions for financial reporting purposes in accordance with IFRS.
- Knowledge of the Canadian Foreign affiliate tax rules; experience in surplus calculations and FAPI regime is a strongly preferred.
- Experience with of taxation rules, withholding tax rules and GAAP in a jurisdiction other than Canada.
- Proficiency with the MS Office Suite of products, especially Excel and ability to adapt to new technologies is an asset.
What's in it for you?
- In-depth training to prepare you for the role, as well as ongoing coaching and feedback to help you succeed!
- You'll be part of a diverse, collaborative, innovative, and high-performing team
- We offer a competitive rewards package:
- Performance bonus, Employee Share Ownership Program, and Pension Plan Matching
- Health Benefits from day one!
- You will relish work-life balance, team events, and opportunities to participate in the community.
- Your career matters! You will have access to career development and progression opportunities.
About Scotiabank
Welcome to Scotiabank. We serve thousands of customers, families, and communities across the globe, helping them achieve success through advice, products, and services. Follow for news, insights, thought leadership and more.
Our disclaimer: bit.ly/socialdisclaim
Top Benefits
About the role
The Manager, International Taxation will support the Director & Head, International Tax Planning and Consulting and the Director, International Tax on various planning and compliance activities. This manager will also assist the International Tax team on Global Minimum Tax matters. Tax compliance includes ensuring that certain information returns, tax computations, tax provisions, audit information and responses to tax queries are prepared, documented, reviewed, filed, responded to, as the case may be, accurately and on a timely basis. Tax planning involves planning with respect to global tax implications of the bank's activities.
Is this role right for you? In this role, you will:
- Assist in the tax modelling, calculations, and compliance related to Global Minimum Tax.
- Assist in the planning activities of the Bank (which can include internal reorganizations, M&A activities, and other initiatives of the Bank).
- Prepare the Bank’s foreign affiliate information reporting tax returns (T1134s) and transactions with related non-residents (T106s) in an accurate and timely manner.
- Assist with quarterly reporting processes, including:
- Reviewing foreign subsidiaries’ tax provisions to confirm the current/deferred tax accounts on the income statement and balance sheet;
- Ensuring accurate recording of the tax expense/benefit in relevant accounts;
- Reviewing the reconciliation provided for the current and deferred balance sheet accounts; and
- Preparing various computations such as foreign tax credits.
- Be responsible for the timely collection and filing of tax, financial, organizational, and other information in respect of the foreign affiliates of the bank, in soft and hard forms as required.
- Provide informational and documentation support to the tax department and the Bank as a whole by assisting the International Tax team in answering queries and providing information and documentation in a timely and accurate manner, and coordinating with the Canada Revenue Agency where required in respect of such queries, information or documentation.
- Assist the International Tax team with responding to audit queries in respect of the Bank and its foreign subsidiaries
- Prepare and coordinate information for surplus computations.
- Provide statutory effective tax rate planning and forecast for international subsidiaries
Do you have the skills that will enable you to succeed? We’d love to work with you if you have experience with:
- Experience in preparing and reviewing tax provisions for financial reporting purposes in accordance with IFRS.
- Knowledge of the Canadian Foreign affiliate tax rules; experience in surplus calculations and FAPI regime is a strongly preferred.
- Experience with of taxation rules, withholding tax rules and GAAP in a jurisdiction other than Canada.
- Proficiency with the MS Office Suite of products, especially Excel and ability to adapt to new technologies is an asset.
What's in it for you?
- In-depth training to prepare you for the role, as well as ongoing coaching and feedback to help you succeed!
- You'll be part of a diverse, collaborative, innovative, and high-performing team
- We offer a competitive rewards package:
- Performance bonus, Employee Share Ownership Program, and Pension Plan Matching
- Health Benefits from day one!
- You will relish work-life balance, team events, and opportunities to participate in the community.
- Your career matters! You will have access to career development and progression opportunities.
About Scotiabank
Welcome to Scotiabank. We serve thousands of customers, families, and communities across the globe, helping them achieve success through advice, products, and services. Follow for news, insights, thought leadership and more.
Our disclaimer: bit.ly/socialdisclaim