Tax Analyst

Venture outside the ordinary - TMX Careers

The TMX group of companies includes leading global exchanges such as the Toronto Stock Exchange, Montreal Exchange, and numerous innovative organizations enhancing capital markets.  United as a global team, we’re connecting cross-functionally, traversing industries and geographies, moving opportunity into action, advancing global economic growth, and propelling progress. Through a rich exchange of ideas, meaningful collaboration, and a nimble operating model, we're powering some of the nation's most critical systems, fueling capital formation and innovation, bringing increased opportunity to business visionaries, product ingenuity to consumers, and career exploration to our team.

Ready to be part of the action?

We are seeking a detail-oriented and collaborative Tax Analyst, Trust to join our team. In this role, you will ensure the timely verification, reconciliation, and remittance of withholding taxes to the Internal Revenue Service (IRS) and the Canada Agency Revenue (CRA).

Serving as a primary point of contact for internal departments and clients, you will navigate established corporate and government guidelines to maintain flawless tax compliance. Your efforts will culminate in leading critical year-end data extractions, auditing tax forms, and coordinating regulatory annual filings.

• This role reports to: Manager, Tax

• Job Location: Hybrid (2-3 days per week in office) - based in Toronto, ON.

Key Accountabilities

• Tax File Management: Maintain highly accurate client tax files, including tax directions, filer IDs, and authorizations; actively monitor client activity to request and secure updated documentation as required.

• Reconciliation & Balancing: Audit and balance client disbursements on the system to ensure year-to-date totals remain accurate, proactively researching imbalances and consulting across departments to finalize precise tax adjustments.

• Tax Remittances: Execute accurate and timely tax remittances by submitting Receiver General payments to the CRA and routing IRS tax remittances according to strict regulatory timelines.

• Continuous Improvement & Testing: Perform thorough user testing on tax systems and operational processes to identify system inefficiencies, systematically submitting formalized change requests to leadership.

• Reporting & Year-End Support: Create, balance, and audit diverse information returns for final filing, while seamlessly coordinating the production of manual tax forms and mandatory annual regulatory mailings.

• Cost Basis Tracking: Update and maintain accurate tax lot reporting data within the Cost Basis system, ensuring all assigned compliance timelines are met and escalating high-risk issues appropriately.

• Compliance & Communication: Ensure full alignment with corporate policies, standard methodologies, and legislative requirements, while delivering professional, prompt communications regarding tax inquiries and management reports.

Must Have(s)

• Education: University degree or post-secondary diploma in Accounting, Finance, Business Administration, or a closely related discipline (equivalent professional experience will be considered).

• Experience: 1 to 3 years of progressive professional experience in a corporate tax, accounting, or trust analyst role.

• Technical Skills: Intermediate proficiency utilizing Google Workspace and Microsoft Office applications (particularly Excel).

• Execution & Drive: Highly motivated self-starter with the ability to work independently, manage multiple priorities, and meet rigid deadlines in a high-pressure environment.

• Communication & Collaboration: Outstanding verbal and written communication skills paired with an active listening mindset and diplomatic interpersonal skills.

• Core Competencies: Meticulous organizational habits, an exceptional eye for detail, and a proven track record of handling sensitive or confidential information with complete discretion.

Nice to Have(s)

• Prior experience working directly within a specialized Cost Basis system or managing complex tax lot reporting.

• Familiarity with transactional processing guidelines specific to the CRA (Receiver General) and the IRS.

Salary Range: 50K/year - 52K/year CAD. Please note that the salary range included is a guideline only. The salary offered may vary based on factors, including, but not limited to, the successful candidate’s relevant knowledge, skills, and experience.

The recruiting efforts for this role are intended to fill a vacant position.

In the market for…

Excitement - Explore emerging technology and innovation, as well as ventures and digital finance that shape the future of global markets! Experience the movement of the market while grounded in the stability of close to 200 years of success.

Connection - With site hubs in some of the world’s most multicultural cities, we leverage our size and structure to create rich connections and belonging while experiencing powerful global impact through our work.

Impact - More than a platform, we use our talents to power mission-critical systems that drive global economic advancement, innovation, and growth. As well, our employee-led Team Impact spreads social good via our giving strategy.

Wellness - From empathetic leadership to a culture of flexibility and balance, we believe wellness at work creates the maximum yield and a stronger “we”. Plus, with a cloud-first and hybrid workstyle, as well as generous time-off and leaves, we support a life well lived! 

Growth - From a growth mindset in our work, to expansion in our business, TMX is home to action-takers energized by the achievement of ambitious growth.

Ready to enrich your career with impactful work, leaders who truly care, and the flexibility and programs to help you thrive as part of #TeamTMX ? Apply now.

Please note that our company is not currently sponsoring work permit applications and the applicant must be authorized to work in the country where this position is located. 

TMX is committed to creating and sustaining a collegial work environment in which all individuals are treated with dignity and respect and one which reflects the diversity of the community in which we operate. We provide accommodations for applicants and employees who require it.