Canadian Tax Specialist

  • Company:
    Magna Corp
  • Location:
  • Salary:
    negotiable / monthly
  • Job type:
    Full-Time
  • Posted:
    3 weeks ago
  • Category:
    Accounting / Banking

Group
Magna Corporate
Division
Magna Canada
State/Province/County
Ontario
City
Aurora
Job Type
Regular
Company Introduction
As one of the largest automotive suppliers in the world – Magna International is committed to delivering product and process innovations through our world-class manufacturing operations that combine our unique design, engineering and program management expertise. At the heart of our operating structure is a powerful entrepreneurial culture and Fair Enterprise philosophy, which builds ownership and inspires pride in our employees.
Job Introduction
The Canadian Tax Specialist is responsible for the reporting and compliance of one or more automotive systems groups.  The Canadian Tax Specialist will work with the Manager of Canadian Tax to complete the primary responsibilities described and will also support senior members of the Tax Team in dealing with income tax audits, research and special projects.
Major Responsibilities
Prepare Federal and Provincial income and capital tax returns for the Group.
Prepare documentation for Foreign Affiliate reporting.
Ensure that tax instalments are made on a timely basis and correctly calculated as well as adjusted to consider revised forecasts and audit adjustments to minimize non-deductible interest.
Tax accounting for quarterly income tax provisions according to US GAAP including tax estimates for both planning and reporting purposes.
Provide analysis and support for tax planning and reporting as required.
Assist in external tax audits.
Ensure compliance with internal control policies on tax related matters.
Work closely with group and divisional controllers to build creditable, collaborative and effective working relationships.
Implement and maintain best practices to minimize tax risk.
Carry out all duties in accordance with company’s internal policies and procedures including the company’s Corporate Constitution and Employee Charter.
Carry out other administrative and management duties that may be assigned.
Knowledge and Education
Recognized accounting designation or in process of certification.
Work Experience
Minimum of 3 years of accounting experience in an accounting firm or industry.
Must have a strong desire to pursue a career in corporate tax.
Maintain good standing in the relevant accounting body and continued self-development.
Skills and Competencies
Ability to work effectively both in a team environment and individually.
Project management skills.
Effective and efficient communication skills.
Strong Excel Skills.
Work Environment
Standard office environment.
Additional Information
Accommodations for disabilities in relation to the job selection process are available upon request.