Position: Tax Manager Real Estate & Development
Elite Developments is seeking a skilled and detail-oriented Tax Manager to manage tax planning, compliance, reporting, and strategy for our growing portfolio of residential and commercial development projects. This role plays a crucial part in optimizing financial performance and ensuring full compliance with all tax-related regulations and legislation.
Key Responsibilities
Corporate Tax Structuring & Compliance
- Lead the corporate tax structuring for various entities within the portfolio, ensuring optimal tax planning and compliance
- Manage tax filings for corporate income tax, HST/GST, and other applicable taxes in compliance with federal, provincial, and local tax laws.
- Oversee and manage the preparation and filing of tax returns, ensuring that all deadlines are met.
- Review and analyze financial statements to ensure compliance with tax regulations and identify opportunities for tax efficiency.
- Manage external relationships with tax advisors, tax authorities, legal teams, and other relevant stakeholders
Tax Planning & Mitigation
- Develop and implement effective tax strategies to optimize the financial outcomes of residential and commercial development activities.
- Stay current on tax legislation, regulatory changes, and relevant policies affecting real estate development to ensure accurate application and compliance.
- Identify potential tax risks associated with projects and proactively implement measures to mitigate these risks.
- Assist with corporate tax structuring for various entities within the portfolio, ensuring optimal tax planning and compliance.
- Advise on tax-efficient structures for real estate transactions, investments, acquisitions, and dispositions, joint ventures, and other strategic initiatives.
HST/GST Filings and Compliance:
- Oversee HST/GST filings for the company, ensuring accurate reporting and timely submissions on a monthly, quarterly, and annual basis.
- Address HST/GST-related queries and audits, working closely with external advisors and the Canada Revenue Agency (CRA)
- Act as the primary liaison with external auditors and tax authorities, handling inquiries, audits, and disputes effectively and professionally.
Leadership & Team Development:
- Lead training initiatives to keep the finance and tax teams informed on emerging tax policies, industry trends, and management best practices
- Foster a collaborative and high-performing team culture by encouraging continuous learning and knowledge sharing
- Support the recruitment, onboarding, and retention of top tax talent to build a strong and capable team as the department grows further
Tax Reporting and Documentation:
- Prepare and review the tax provisions for financial reporting, ensuring accurate reporting in accordance with relevant accounting standards (Canadian GAAP).
- Ensure all tax documentation, including supporting schedules and reports, are accurate, organized, and prepared in a timely manner.
- Implement best practices for record keeping and documentation to support audits and tax filings.
- Provide regular reports to senior management on tax matters, including effective tax rates, tax risks, and opportunities for improvement.
- Work closely with the finance, legal, and development teams to ensure cohesive financial planning and reporting across all projects.
Qualifications & Requirements
- Bachelors degree in Accounting or Finance; CPA designation required.
- Minimum 5 years experience in public accounting, ideally within a real estate development or property management environment. Experience in corporate tax planning, HST/GST compliance, and tax reporting is essential.
- Strong knowledge of Canadian tax regulations, including corporate income tax, HST/GST, and real estate tax issues.
- Demonstrated experience in tax planning strategies, financial analysis, and risk assessment.
- Excellent analytical, organizational, and project management skills, with the ability to handle multiple projects simultaneously.
- Effectively manage ad hoc tasks as they arise, ensuring deadlines are met without compromising quality.
- Strong interpersonal and communication skills, capable of clearly conveying complex tax issues to various stakeholders.
- Proficiency in accounting and tax software systems. Preferably QuickBooks.
What We Offer
Competitive salary with performance-based bonuses. Comprehensive benefits package including medical, dental, and vision coverage. Opportunities for ongoing professional development and career growth. A dynamic, supportive, and collaborative workplace culture focused on innovation and excellence.
Application Process
Elite Developments values diversity and inclusion and encourages candidates from all backgrounds to apply. Interested applicants should submit a resume and cover letter detailing relevant experience and qualifications. Only candidates selected for interviews will be contacted.