Senior Tax Specialist- US Qualified intermediary/FATCA/CRS

You are as unique as your background, experience and point of view. Here, you’ll be encouraged, empowered and challenged to be your best self. You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day, you'll have new and exciting opportunities to make life brighter for our Clients - who are at the heart of everything we do. Discover how you can make a difference in the lives of individuals, families and communities around the world.

Job Description:

The Senior Taxation Specialist is responsible for ensuring compliance with the US Qualified intermediary (QI) agreement and the Canadian Income Tax requirements for the Foreign Tax Compliance Act (FATCA) and Common Reporting Standards (CRS).

As a key member of the GRS Tax team, this role contributes to meeting the income tax compliance and reporting obligations of Sun Life’s Group Retirement Service (GRS) block of business. The Senior Tax Specialist will report to the Director, GRS Taxation.

What will you do?

• Prepare all reporting for the QI including 1042 and 945 returns and 1042S, 1099DIV and 1099B slips.

• Review all US withholding tax forms (W8/W9 forms) to determine validity of forms.

• Ensure tax withholding to the IRS is appropriate.

• Manage the Periodic QI Review including collecting the required documentation, providing it to the external reviewer and responding to any queries.

• Prepare annual 1042 reconciliation.

• Prepare reconciliation of tax reported as withheld on 1042/1099 tax slips vs tax paid by Sun Life and/or other withholding agent.

• Prepare reporting to the CRA for FATCA and CRS.

• Review all regulatory changes, impacting QI/FATCA/CRS, and ensure changes are implemented.

• Review and update QI, FATCA and CRS manuals.

• Provide guidance to operational teams.

What do you need to succeed?

• At least 5 years of experience in QI/FATCA/CRS tax reporting

• University Degree in Business, Economics discipline with a specialization in accounting

• Proficiency in Excel

• Ability to work independently and as a member of a team

Preferred:

• CPA designation

• Experience with GRS products is an asset

• Excellent analytical and problem-solving skills

• Strong attention to detail

• Ability to organize and prioritize multiple tasks to meet tight deadlines

Notes/Unique Requirements:

• Vacation not permitted from January-March each year

• Overtime may be required from January-March each year

What's in it for you?

• Time off giving you the flexibility to focus on the moments that matter including 20 vacation days per year

• Flexible Benefits from the day you join to meet the needs of you and your family

• Pension Plan participation starts immediately, and you are automatically enrolled. We help you save more with Sun Life automatic and matching contributions and by including both your salary and bonus when making

• contributions.

• The opportunity to move along a variety of career paths with amazing networking potential

• Flexible hybrid work model

• Work and professional development that is united by our Purpose: to help Clients and Employees achieve lifetime financial security and live healthier lives 

• A friendly, collaborative, and inclusive culture 

• We’re honoured to be recognized as a 2025 Best Workplace in Canada by Great Place to Work® Canada

• Sun Life ranked one of the 2024 Global 100 Most Sustainable Corporations in the World on the Corporate Knights’ 2024

#LI-Hybrid

The Base Pay range is for the primary location for which the job is posted. It may vary depending on the work location of the successful candidate or other factors. In addition to Base Pay, eligible Sun Life employees participate in various incentive plans, payment under which is discretionary and subject to individual and company performance. Certain sales focused roles have sales incentive plans based on individual or group sales results.  

Diversity and inclusion have always been at the core of our values at Sun Life. A diverse workforce with wide perspectives and creative ideas benefits our Clients, the communities where we operate and all of us as colleagues. We welcome applications from qualified individuals from all backgrounds.

Persons with disabilities who need accommodation in the application process, or those needing job postings in an alternative format, may e-mail a request to [email protected].

We are proud to be a hybrid organization that offers our employees the choice and flexibility to work from both the office and virtually based on the needs of the business, our Clients and you! Several work options are available and can be discussed throughout the selection process depending on the role requirements and individual needs.

We may use artificial intelligence to support candidate sourcing, screening, interview scheduling.

We thank all applicants for showing an interest in this position. Only those selected for an interview will be contacted.

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