Tax managers in Canada should possess strong communication and analytical skills. They must have expertise in various types of tax returns and financial statements, as well as industry and government regulations, and should be proficient in Excel and tax software and technology. Candidates should have a bachelor’s degree in accounting, finance, economics, or business and five to seven years of experience in tax accounting, with at least two years of supervisory experience. Companies place a premium on those with a CPA designation, an MBA or a master’s degree in taxation, or a background in public accounting.
Typical tax manager duties:
Preparing and reviewing complex Canadian income tax returnsAssisting in quality control review for all financial statementsReviewing corporate tax returns for completeness and accuracyAssisting with research and planning according to current tax laws in CanadaAssisting in planning and compliance regarding tax matters, such as waivers and tax returnsAssisting in the review and oversight of the preparation of quarterly tax projections and communication of required estimated tax paymentsEnsuring compliance with financial and tax reporting policies and proceduresCommunicating tax best business practices to accounting managers and staff accountants
Salary for Tax Manager – Corporate Accounting in Toronto, ON
127768 -
172356
25th percentile
127768
The candidate is new to the role and building the needed skills, experience and autonomy.
50th percentile
149410
The candidate has the experience to perform core responsibilities without direct supervision and is comfortable with the role’s processes and subject matter.
75th percentile
172356
The candidate delivers value beyond the stated job duties, has advanced qualifications and experience, and is ready for the next career level.
