Assistant Vice President / Vice President, iCapital
Tax, Canadian Funds
Plus bonus, and equity
More information about location
4 days a week in office
Fintech platform for alternative investments
Be an early applicant
Fintech platform for alternative investments
1001+ employees
Be an early applicant
Plus bonus, and equity
More information about location
4 days a week in office
1001+ employees
Company mission
To power the world’s alternative investment marketplace.
Role
Who you are
- A professional accounting designation (CPA or equivalent) is required
- 5+ years of experience in Canadian partnership and mutual fund/unit trust taxation is required
- Completion of Chartered Professional Accountants of Canada (CPA Canada) in-depth tax courses or a master’s degree in tax is a plus
- Strong understanding of various structures used for Canadian partnership and mutual fund trusts that invest in foreign funds
- Excellent communication, organization, and analytical skills
- Able to work with minimal supervision, exercise judgment, and make decisions while assessing risk and its impact
- Strong people skills, initiative, and leadership abilities with the capability to coach and motivate other professionals
- Adaptable to change with the ability to lead others through change
- Effective verbal and written communication skills, as well as effective listening skills
- Strong client service orientation with the ability to build partnerships and effective working relationships
- Self-motivated, with a strong work ethic and the ability to work under pressure and meet deadlines
- Willingness to pursue continuous learning of both management and technical areas
- Passionate about being part of our iCapital team and representing our company with integrity, dignity, and pride
What the job involves
- ICapital’s rapid expansion in the Canada marketplace creates an opportunity for an experienced and talented tax professional to support its Canada expansion strategy in a newly created role within the Fund Finance Tax Services group.
- This role, along with team members, will service all Canadian access funds including coordinating with various internal stakeholders and external advisors in ensuring tax compliance are met and effective and efficient structuring are in place for our investors and partners, as well as drive continuous improvement throughout the processes
- Coordinate and oversee third-party tax preparers and administrators for federal and provincial filings for all Canadian funds, including but not limited to T5013, T3, T5008, indirect taxes, and non-resident withholding obligations
- Assist in tax due diligence and compliance model setup for Canadian fund launches
- Manage non-resident withholding obligations for applicable funds, including reviewing applicable tax treaty rates, calculating withholding tax, collaborating with internal teams and external providers to ensure the correct withholding amounts are submitted to the CRA on time, developing processes to track relevant thresholds based on risk levels, resolving investor inquiries as well as CRA audit inquiries and assessments, and implementing documentation processes as needed
- Oversee annual indirect tax filings and investor outreach
- Provide timely analysis and high-quality responses on investor tax inquiries
- Manage external service providers and various tax projects as required
- Coordinate with external financial statement auditors and manage and review tax assessments and tax audit matters related to the funds
- Review and maintain investor demographics and tax documentation to support accurate tax treatment and resolve data discrepancies
- Analyze and monitor changes in legislation impacting iCapital, leading communication and projects arising from these changes
- Conduct business analysis to identify opportunities for process improvements and operational efficiencies within the tax department
- Lead and manage tax-related projects, ensuring timely completion and alignment with business objectives
- Collaborate with cross-functional teams to gather requirements, define project scope, and develop project plans
Our take
Alternative investing can yield huge profits, but it can often be inaccessible, even to enterprises. iCapital solves this problem by guiding large-scale businesses through the alternative investing process.
Since launching in 2013, iCapital has provided enterprises with an investing marketplace. Its focus has been on banking, wealth management, and asset management companies, and iCapital now serves clients such as JP Morgan, Evercore, and Rockefeller. As of February 2023, the company services over $153 billion in global client assets, clear evidence of industry confidence in the company.
iCapital's impact on the financial world is undeniable, forging strong and profitable partnerships with leading institutions like Morgan Stanley. With a proven track record and a rapidly growing platform, iCapital is poised for significant further expansion in the years to come.
Steph
Company Specialist at Welcome to the Jungle
Insights
Few candidates hear
back within 2 weeks
42% employee growth in 12 months
Company
Funding (last 2 of 8 rounds)
Dec 2021
$50m
LATE VC
Jul 2021
$440m
GROWTH EQUITY VC
Total funding: $680.6m
Company HQ
Murray Hill, New York, NY
Articles
Leadership
Lawrence Calcano
(CEO)Previously worked as Director of Capitol Acquisition Corp., and served as Director of Vibrant Emotional Health for 10 years.
Salary benchmarks
We don't have enough data yet to provide salary benchmarks for this role.
Submit your salary to help other candidates with crowdsourced salary estimates.
Diversity, Equity & Inclusion at iCapital
- We consider applicants of all backgrounds. If you are excited about what we’re building but don't meet some of the criteria above, please don’t let that discourage you from applying
Share this job
View 24 more jobs at iCapital