City : TORONTO, Ontario, Canada

Category : Finance | Accounting

Industry : Financial/Banking

Employer : RBC

Director, Tax Planning & Advisory - Compensation & Benefits

• Serve as the primary global HR Liaison by:
  • Acting as a point of contact for the enterprise’s global network of compensation, benefits, incentives and mobility professionals;
  • Teaming with our global tax specialists in relation to cross border mobility, and compensation and benefits matters;
  • Acting as a domestic income tax advisor in Canada for the enterprise in respect of a broad range of Canadian tax matters relating to compensation, benefits, pensions, bonus plans, cash and stock based incentives and other incentive plans, and employee mobility matters (including assessing provincial and Canadian permanent establishment rules and the application of treaties);
  • Assessing tax implications of compensation packages (including benefits, pension and bonus and other incentive plans) and employee mobility matters (including those specific to indigenous individuals);
  • Providing advice and support in relation to tax audits, appeals and litigation;
• From time to time, assist the Sr. Director, Tax Planning & Advisory with income tax planning and advisory matters including:
  • Supporting enterprise business platforms including, in particular, Capital Markets;
  • Providing advice in relation to acquisitions, dissolutions, structured finance, structural reorganizations, etc.;
  • Monitoring legislative tax developments and assessing their impact; and
• Assisting with the development and implementation of mitigation strategies and the delivery of major tax projects

Must Have

• A bachelor’s degree with CPA designation, license to practice law in Canada or MTax degree
• 5+ years of tax experience in an accounting or law firm or in industry providing tax advice and consulting on general compensation plan design and employee mobility, and assessing tax implications of compensation packages, benefits, pensions, bonus and other incentive plans, and mobility matters
• Talented at analyzing and researching complex issues and developing innovative solutions to optimize tax positions and policies to mitigate tax risks
• Excellent verbal and written communication skills with the ability to adapt communication style based on audience and synthesize complex technical concepts into plain language
• Strong interpersonal skills with the ability to work cooperatively with all levels of employees across functional and business areas and to maintain positive relationships throughout the organization
• Ability to take initiative and ownership of challenges and opportunities and see them through to resolution
• Ability to lead consultations with, and manage outside tax advisors
• Motivated self-starter with the ability to work independently with moderate to minimal supervision in a fast-paced, dynamic team oriented environment
• A strategic and continuous learning mindset with a desire to stay on top of tax technical changes in Canada and abroad
• Strong planning and organizational skills and ability to manage multiple completing priorities

Nice to Have

• Tax experience relating to financial institutions preferred

This position reports to the Sr. Director, Tax Planning & Advisory in support of the planning and advisory function of the RBC Taxation team and assists the Sr. Director, Tax Planning & Advisory with a wide range of Canadian income tax planning and advisory matters. Within that broader mandate, this role focuses principally on serving as a domestic tax advisor in Canada for the enterprise in respect of a broad range of tax matters relating to employee compensation, benefits, incentives and mobility and serves as the primary Tax Department liaison to HR in respect of such matters. In addition, this role will, from time to time, support the Sr. Director, Tax Planning & Advisory in delivering expert tax advice to various business units, including in particular Capital Markets, regarding M&A activities, new business initiatives and ongoing business matters. This role will contribute directly to enhance shareholder value through the delivery of tax opinions and strategic tax advice in support of the enterprise, while ensuring prudent tax risk management consistent with RBC’s tax risk framework.TORONTO, Ontario, CanadaCAN-ON-TORONTOCanada37.5Full timeOffice of the CFORegularSalaried2023-03-012023-04-01