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Specialist Tax Advisor - Tax Planning

Suncor4 days ago
Calgary, AB
Senior Level
full_time

About the role

Joining Suncor means you will work for one of the best companies in Canada, providing tremendous future potential where talented people thrive and lead. As our business evolves, so do our employment opportunities. Our work culture includes a dynamic mix of professionals, with a diversity of skills and expertise.

The position is a trusted business advisor providing timely, effective, accurate and realistic tax planning advice for the all aspects of Suncor’s businesses and in all jurisdictions where Suncor operates. An integral part of the position is providing and implementing tax advice on major transactions and M&A mandates, and the oversight of and input into the domestic and international legal entity governance and repatriation processes.

As a seasoned tax professional with deep expertise in domestic and international income tax planning, this role is pivotal in guiding strategic decision-making across Suncor’s diverse business units. The successful candidate will provide insightful tax advice on cross-border transactions, oversee governance and cash repatriation processes, and manage complex projects including M&A due diligence and tax structuring. With a strong foundation in Canadian and international tax law, financial accounting principles, and industry-specific regulations, this individual will collaborate extensively with internal stakeholders, external advisors, and government bodies to ensure compliance, mitigate risk, and optimize tax outcomes.

Minimum Requirements:

  • A CPA, CA, CGA, or CMA designation is preferred.
  • Should have at least 10-15 years of senior tax experience in the area of income tax compliance and planning at a public accounting firm or public upstream oil and gas Canadian multinational company.
  • Solid understanding of cross-border issues, such as cash repatriation, mind and management requirements, permanent establishment issues, etc.
  • Completed CICA in-depth tax courses, Advanced Tax courses and Oil & Gas Taxation courses.
  • Undergraduate accounting or tax degree.
  • Thorough understanding of the Canadian Income Tax Act and Global Minimum Tax Act.
  • Basic understanding of Canadian indirect taxes.
  • Strong tax technical knowledge is necessary with respect to due diligence, M&A, structuring and financing related tax issues such as streaming rules, attribute utilization, EIFEL and continuity provisions.
  • Strong understanding of international/cross-border tax issues such as mind and management/permanent establishment rules, treaty impact, non-resident withholding, etc.
  • Advanced understanding of financial accounting (including both GAAP/IFRS) and tax accounting principles under IAS 12.
  • Solid experience utilizing various income tax research tools, e.g. Taxnet Pro, CCH, etc.
  • Proficient with Microsoft Office suite with strong working knowledge of Excel.
  • Project management skills and execution experience.
  • Ability to think and act strategically with foresight in situations of heightened risk, sensitivity or conflict with ability to make important decisions.
  • Team player attitude with demonstrated ability to establish and effectively develop relations.
  • Problem solver utilizing critical thinking, good judgement.
  • Unquestioned integrity and seen as highly credible by those in other areas of the business, and by external tax professionals.
  • Alignment with our values of: safety above all else, stronger together, operational discipline, curiosity and lifelong learning and act with integrity.

Key Accountabilities:

  • Responsible for providing domestic and international income tax planning advice to business units engaged in both domestic and non-Canadian or cross-border transactions.
  • Instrumental in the oversight of and input into the domestic and international governance process and cash management/repatriation processes.
  • Based on the relevant facts and applicable tax law, determine recommended tax positions for the company to take with respect to various items across its businesses.
  • Interact extensively with business unit and functional personnel, external advisors, external business partners and peers, industry associations, and government policymakers, legislators and auditors.
  • Assist the business units in sound-decision making by providing relevant domestic and international tax and cross-border information and insight.
  • Proactively engage in continual learning, professional development and self-study of new tax legislation, administrative positions, case law, etc. that will impact the company's businesses and advise in the development of company positions.
  • Manage and coordinate project implementation of tax plans or the tax aspects of business transactions.
  • Actively participate in the tax due diligence process with respect to potential acquisitions, mergers, joint ventures, and other material transactions.
  • Manage complex, long-term projects.
  • Successfully building relationships and trust with other leaders across the business unit and functions and making recommendations as required.
  • Work with outside consulting firms on tax-related issues at times and effectively manage the work and the relationship.
  • Work closely with Canadian tax department counterparts on transactions that have impact in both Canada and the international jurisdictions.
  • Monitor and, to the extent reasonable, positively influence the impacts to the company of international government tax policy pronouncements, including representation and involvement with government and industry tax groups.
  • Participate in relevant industry and tax organizations in order to build contacts and relationships within the industry and profession, keep informed of new developments, represent Suncor and Suncor’s interests, etc.
  • Support risk management strategies and the implementation of controls.
  • Support the timely preparation and response to tax auditor queries where necessary.
  • Support the formulation of strategies in order to resolve tax issues with the various taxing authorities.
  • Work closely with external advisors and Suncor’s legal group, as well as others such as finance and business units specifically with respect to tax planning.
  • Continuously seek opportunities to reduce tax and mitigate tax risks related to the domestic and international income tax areas.
  • Support the training and strengthening of income tax knowledge within Suncor’s tax group and in other areas of the company to enhance awareness and understanding of relevant issues within the company.

Location and other Key Details:

  • You will work out of our Calgary head office, located in the Suncor Energy Centre at 150 – 6th Ave S.W.
  • Hours of work are a regular 40-hour work week, Monday to Friday.
  • Our business professional roles follow internal compensation guidelines, and the pay band will generally be based years of experience and scope of work.

Why Suncor?

Suncor's operations include oil sands development, production and upgrading; offshore oil and gas; petroleum refining in Canada and the U.S.; and the company's Petro-Canada retail and wholesale distribution networks (including Canada's Electric Highway™, a coast-to-coast network of fast-charging electric vehicle stations).

With a strong strategy for growth and our long-standing approach to sustainability, operational excellence, capital discipline and technology and innovation, Suncor offers a solid foundation for you to continue building your career. We offer rewarding opportunities for you to learn, contribute and grow in a variety of career-building positions – all of which means tremendous potential for your future. We are focused on deepening our commitment to inclusion and diversity and creating a respectful workplace.

We are an equal opportunity employer and encourage applications from all qualified individuals. We are committed to providing a diverse and inclusive work environment where every employee feels valued and respected. We have numerous employee inclusion networks to help foster an inclusive and respectful culture and drive positive change within Suncor. Current networks include both workplace inclusion networks (focusing on inclusion and respect for all), and identity-focused networks (focusing on building community and a sense of belonging and allyship). Through the Journey of Reconciliation, we are progressing the way we think and act to build greater mutual trust and respect with the Indigenous Peoples in Canada. Please note we will consider accessibility accommodations to applicants upon request.

About Suncor

Oil and Gas
5001-10,000

In 1967, we pioneered commercial development of Canada's oil sands – one of the largest petroleum resource basins in the world. Since then, Suncor has grown to become a globally competitive integrated energy company with a balanced portfolio of high-quality assets, a strong balance sheet and significant growth prospects.

Suncor’s operations include oil sands development and upgrading, conventional and offshore oil and gas production, petroleum refining, and product marketing under the Petro-Canada brand.

Our use of innovative technology has made us an industry leader in the energy business – and with a strong strategy for growth, Suncor offers a solid foundation for you to continue building your career.

As an employer, Suncor is one of the best companies in Canada, providing tremendous future potential where talented people thrive and lead. As our business evolves, so do our employment opportunities. Our work culture includes a dynamic mix of newcomers and experienced professionals, with a diversity of skills and expertise from all parts of Canada.