Job Description
Supports the indirect tax accounting, provisioning, tax compliance, audits and governance for BMOFG and its businesses. Applies knowledge and research of the relevant tax legislation and guidelines that can impact the business reporting and compliance. Develops tax related technical and accounting solutions and tax reporting advice. Drafts and reviews indirect tax requirements related to business launches and ensures those requirements are implemented correctly. Develops and implements internal processes to improve efficiency and controllership.
Acts as a trusted advisor to assigned business/group.
Recommends and implements solutions based on analysis of issues and implications for the business.
Identifies emerging issues and trends to inform decision-making.
Supports the execution of strategic initiatives in collaboration with internal and external stakeholders.
Conducts independent analysis and assessment to resolve strategic issues.
Supports the indirect tax provision, compliance and indirect tax return processes and related accounting activities / supporting documentation.
Manages audits; prepares responses to queries about BMOFG entities’ position on resolving issues and proposed adjustments received from tax authorities.
Provides input into the planning and implementation of indirect tax accounting, reporting & compliance programs / processes e.g. indirect tax provisioning, return filings, payments and audits.
Supports the maintenance of the database / records management of all required filings and other indirect tax compliance activities including audit responses; designs and produces regular and ad-hoc tracking reports to help ensure timely compliance.
Researches and identifies position statements on current and proposed tax related issues, programs, initiative or legislation for the business/group/enterprise.
Analyzes data and information to provide taxation insights and recommendations related to returns, re-assessments, objections etc.
Collaborates with internal and external stakeholders in order to collect and provide indirect tax information for related accounting entries; support tax provision; compliance; audits, etc.
Builds effective relationships with internal/external stakeholders.
Acts as liaison between stakeholders in order to align agendas and ensure a clear understanding of the business context.
Monitors compliance with tax policies, procedures and controls to ensure completeness and accuracy of financial information.
Executes work to deliver timely, accurate, and efficient service e.g. prepares / supports preparation of accounting entries, reconciliations, reporting packages and financial statements for tax provisions, payments and returns.
Develops and implements internal processes to improve efficiency and controllership
Focus is primarily on business/group within BMO; may have broader, enterprise-wide focus.
Exercises judgment to identify, diagnose, and solve problems within given rules.
Self-motivated, able to work independently under pressure, with strong problem-solving skills.
Works independently and regularly handles non-routine situations.
Provides no tax advice directly or indirectly to particular customers or employees of BMOFG.
Broader work or accountabilities may be assigned as needed.
Qualifications:
Typically between 5 - 7 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.
Accounting designation preferred or equivalent experience.
Working knowledge in the application of indirect taxes for the assigned jurisdiction(s).
Working knowledge in the application of tax accounting concepts.
Deep knowledge and technical proficiency gained through extensive education and business experience.
Capable of resolving complex indirect tax technical issues and seeking subject matter expertise when needed.
Experience drafting tax requirements to be used by IT teams and associated project management activities to ensure implementation and testing is completed accurately.
Experience handling large volumes of data using Power Pivot/Power Query/Power BI is considered an asset.
Advanced excel capabilities to be able to handle large data volumes.
Experience with tax technology software, solutions and integrations (Tax Engines).
Verbal & written communication skills - In-depth.
Collaboration & team skills - In-depth.
Analytical and problem solving skills - In-depth.
Influence skills - In-depth.
Data driven decision making - In-depth.
Salary:
$81,600.00 - $151,200.00
Pay Type:
Salaried
The above represents BMO Financial Group’s pay range and type.
Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure. Salaries for part-time roles will be pro-rated based on number of hours regularly worked. For commission roles, the salary listed above represents BMO Financial Group’s expected target for the first year in this position.
Acts as a trusted advisor to assigned business/group.
Recommends and implements solutions based on analysis of issues and implications for the business.
Identifies emerging issues and trends to inform decision-making.
Supports the execution of strategic initiatives in collaboration with internal and external stakeholders.
Conducts independent analysis and assessment to resolve strategic issues.
Supports the indirect tax provision, compliance and indirect tax return processes and related accounting activities / supporting documentation.
Manages audits; prepares responses to queries about BMOFG entities’ position on resolving issues and proposed adjustments received from tax authorities.
Provides input into the planning and implementation of indirect tax accounting, reporting & compliance programs / processes e.g. indirect tax provisioning, return filings, payments and audits.
Supports the maintenance of the database / records management of all required filings and other indirect tax compliance activities including audit responses; designs and produces regular and ad-hoc tracking reports to help ensure timely compliance.
Researches and identifies position statements on current and proposed tax related issues, programs, initiative or legislation for the business/group/enterprise.
Analyzes data and information to provide taxation insights and recommendations related to returns, re-assessments, objections etc.
Collaborates with internal and external stakeholders in order to collect and provide indirect tax information for related accounting entries; support tax provision; compliance; audits, etc.
Builds effective relationships with internal/external stakeholders.
Acts as liaison between stakeholders in order to align agendas and ensure a clear understanding of the business context.
Monitors compliance with tax policies, procedures and controls to ensure completeness and accuracy of financial information.
Executes work to deliver timely, accurate, and efficient service e.g. prepares / supports preparation of accounting entries, reconciliations, reporting packages and financial statements for tax provisions, payments and returns.
Develops and implements internal processes to improve efficiency and controllership
Focus is primarily on business/group within BMO; may have broader, enterprise-wide focus.
Exercises judgment to identify, diagnose, and solve problems within given rules.
Self-motivated, able to work independently under pressure, with strong problem-solving skills.
Works independently and regularly handles non-routine situations.
Provides no tax advice directly or indirectly to particular customers or employees of BMOFG.
Broader work or accountabilities may be assigned as needed.
Qualifications:
Typically between 5 - 7 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.
Accounting designation preferred or equivalent experience.
Working knowledge in the application of indirect taxes for the assigned jurisdiction(s).
Working knowledge in the application of tax accounting concepts.
Deep knowledge and technical proficiency gained through extensive education and business experience.
Capable of resolving complex indirect tax technical issues and seeking subject matter expertise when needed.
Experience drafting tax requirements to be used by IT teams and associated project management activities to ensure implementation and testing is completed accurately.
Experience handling large volumes of data using Power Pivot/Power Query/Power BI is considered an asset.
Advanced excel capabilities to be able to handle large data volumes.
Experience with tax technology software, solutions and integrations (Tax Engines).
Verbal & written communication skills - In-depth.
Collaboration & team skills - In-depth.
Analytical and problem solving skills - In-depth.
Influence skills - In-depth.
Data driven decision making - In-depth.
Salary:
$81,600.00 - $151,200.00
Pay Type:
Salaried
The above represents BMO Financial Group’s pay range and type.
Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure. Salaries for part-time roles will be pro-rated based on number of hours regularly worked. For commission roles, the salary listed above represents BMO Financial Group’s expected target for the first year in this position.
💡 Quick Summary
Seeking a career-building opportunity? The Indirect Tax Manager position is now open for candidates interested in the Accountant Jobs sector. This role in Toronto offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Accountant Jobs is a plus.
