AVP, Canadian Product Tax

Posted:
10/2/2024, 1:46:06 AM

Location(s):
Toronto, Ontario, Canada ⋅ Waterloo, Ontario, Canada ⋅ Ontario, Canada

Experience Level(s):
Expert or higher ⋅ Senior

Field(s):
Sales & Account Management

The Canadian Product Tax team tax provides tax advisory and compliance support for Canadian businesses and companies within Manulife. The broader Canadian Tax team is a diverse group of 20 tax professionals that includes Commodity and Corporate Tax services.

Reporting to the Canadian Tax Leader, the AVP will lead the Canadian Product Tax team, provide tax advisory services related to Manulife products and customers and will be responsible for the oversight of tax compliance related to customer taxation.  The position will provide opportunities to develop leadership skills, impact customer and advisor relationships, represent Manulife on industry committees and to influence tax legislation.

The AVP is a tax professional and a leader with experience with financial products, excellent tax research and analysis skills, outstanding oral and written communication skills, and the ability to communicate complex tax issues and key concepts in a manner appropriate for a diverse audience. A key aspect of the role is managing tax and reputational risk. The incumbent is highly engaged in team development and leadership, and champions efficient and effective use of resources.

Position Responsibilities:

  • Leadership and mentoring of the Canadian Product Tax team.
  • Advise on a wide variety of tax issues relating to Canadian product and customer taxation matters including the following activities:
    • Advise business units on tax compliance requirements relating to customer tax including product tax administration, tax withholding and tax reporting (including FATCA/CRS),
    • Respond to tax questions from business units, government tax authorities and government auditors,
    • Advise on escalated cases and issues and related communications, and
    • Participation in business projects to ensure tax compliance requirements are met and provide tax advice on product features, structure, contract language and tax risks.
  • Prepare written technical tax analysis on product and customer tax issues supported by legislation and government administrative positions and guidance.
  • Monitor tax legislation and government administrative positions and identify implications for Manulife products, clients, sales advisors and employees, and communicate changes impacting products and the related administration and tax compliance requirements.
  • Build relationships with business units and functions to gain awareness of emerging customer and advisor tax issues, projects and product development and manage tax and reputational risks.

Required Qualifications:

  • Accounting designation (CPA or equivalent).
  • 10+ years of Canadian tax experience – preferably in customer tax.
  • CPA In-Depth Tax Course.
  • Knowledge of the financial services industry and products
  • Strong accounting, analytical and problem-solving skills.

Preferred Qualifications:

  • Excellent organizational skills with the ability to meet tight deadlines and manage multiple priorities.
  • Ability to work independently, as well as collaboratively with business lines and other legal and tax professionals.
  • Aptitude for new technology and
  • Proficiency with Microsoft Office applications (Excel, SharePoint, Teams, Power BI, etc.) and/or Alteryx is an asset.  

When you join our team:

  • We’ll empower you to learn and grow the career you want.

  • We’ll recognize and support you in a flexible environment where well-being and inclusion are more than just words.

  • As part of our global team, we’ll support you in shaping the future you want to see.

#LI-Hybrid

About Manulife and John Hancock

Manulife Financial Corporation is a leading international financial services provider, helping people make their decisions easier and lives better. To learn more about us, visit https://www.manulife.com/en/about/our-story.html.

Manulife is an Equal Opportunity Employer

At Manulife/John Hancock, we embrace our diversity. We strive to attract, develop and retain a workforce that is as diverse as the customers we serve and to foster an inclusive work environment that embraces the strength of cultures and individuals. We are committed to fair recruitment, retention, advancement and compensation, and we administer all of our practices and programs without discrimination on the basis of race, ancestry, place of origin, colour, ethnic origin, citizenship, religion or religious beliefs, creed, sex (including pregnancy and pregnancy-related conditions), sexual orientation, genetic characteristics, veteran status, gender identity, gender expression, age, marital status, family status, disability, or any other ground protected by applicable law.

It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Manulife/John Hancock policies. To request a reasonable accommodation in the application process, contact [email protected].

Primary Location

Toronto, Ontario

Working Arrangement

Hybrid

Salary range is expected to be between

$123,400.00 CAD - $229,300.00 CAD

If you are applying for this role outside of the primary location, please contact [email protected] for the salary range for your location. The actual salary will vary depending on local market conditions, geography and relevant job-related factors such as knowledge, skills, qualifications, experience, and education/training. Employees also have the opportunity to participate in incentive programs and earn incentive compensation tied to business and individual performance.

Manulife offers eligible employees a wide array of customizable benefits, including health, dental, mental health, vision, short- and long-term disability, life and AD&D insurance coverage, adoption/surrogacy and wellness benefits, and employee/family assistance plans. We also offer eligible employees various retirement savings plans (including pension and a global share ownership plan with employer matching contributions) and financial education and counseling resources. Our generous paid time off program in Canada includes holidays, vacation, personal, and sick days, and we offer the full range of statutory leaves of absence. If you are applying for this role in the U.S., please contact [email protected] for more information about U.S.-specific paid time off provisions.