Associate Director, Tax Operations & Tax Compliance

Company: Sun Life Financial
Location: Worcester
Posted on: February 21, 2025

Job Description:

Job Title: Associate Director, Tax Operations & Tax ComplianceLocation: Wellesley Hills, Massachusetts; Toronto, Canada; Hamilton, BermudaTime Type: Full timePosted On: 2 Days AgoJob Requisition ID: JR00107791You are as unique as your background, experience, and point of view. Here, you'll be encouraged, empowered, and challenged to be your best self. You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day, you'll have new and exciting opportunities to make life brighter for our Clients - who are at the heart of everything we do. Discover how you can make a difference in the lives of individuals, families, and communities around the world.Job Description:Tax Operations and Tax Compliance, a newly created function within Sun Life Assurance Company of Canada Bermuda Branch, will oversee the tax operations of our International Life Business covering all taxes including Corporate Income Tax, Withholding Tax, Global Tax Reporting Regimes (FATCA, CRS), and Global Minimum Tax Regimes. This role will ensure that tax returns are accurately completed and filed timely to the Bermuda Tax Authority while identifying tax optimization opportunities.Reporting to the Controller & Head of Financial Reporting, the Associate Director of Tax Operations and Compliance will support this objective through leading our tax operations with respect to tax compliance, tax reporting, and tax advisory while maintaining constant interaction with our Asia Regional Office and the Corporate Tax teams.Main Responsibilities:

• Serve as the Tax leader with overall accountability for all of Sun Life's Bermuda based entities.
• Responsible for tax reporting including the tax provisioning process, reconciliations, effective tax rates, current and deferred tax accounts, and maintaining tax attributes.
• Responsible for tax risk management/compliance, including local tax and Global Minimum Tax, FATCA/CRS, and any other tax-related compliance obligations.
• Provide tax advisory support and serve as a strategic partner to the business to identify, recommend, and implement tax-effective solutions.
• Support Financial Planning & Analysis and strategic/business planning for taxes.
• Manage enquiries, tax audits, and litigation with tax authorities.
• Monitor and interpret changes to tax legislation and communicate tax considerations and operational/business impacts.
• Work with our Corporate and Regional Tax teams to develop and define effective controls for all aspects of tax operations.
• Manage and collaborate with external tax advisors throughout the tax life cycle to effectively manage tax risks.Key Requirements and Skills:
  • A university degree specializing in accountancy or law.
  • Relevant professional qualifications in accountancy or law.
  • 10+ years of relevant tax experience gained in professional firms (Big 4 accountancy firm or law firm) or multinational financial institutions.
  • Familiarity with Global Minimum Tax and Bermuda Corporate Income Tax and a willingness to develop further expertise in this area.
  • Inquisitive, analytical, and problem-solving skills with the ability to come up with innovative solutions.
  • Strong team commitment; able to collaborate effectively with internal and external stakeholders.
  • Experience working in multi-cultured, multi-language environments and across multiple time zones.
  • Willingness to work unusual hours, often liaising with other Sun Life offices after regular office hours due to different time zones.
  • Excellent communication skills; able to provide clear written and verbal communication to various levels of management.
  • Cultural awareness and openness to individuals from diverse countries and backgrounds.The above statements are intended to describe certain responsibilities associated with this job position and certain required qualifications and should not be construed as an exhaustive list of all essential job responsibilities, duties, and skills required of employees so classified.Our Affirmative Action Program affirms our commitment to make reasonable accommodations for the known physical or mental limitations of otherwise qualified individuals with disabilities or special disabled veterans, unless the accommodation would impose an undue hardship on the operation of our business. Please email thebrightside@sunlife.com to request an accommodation.At Sun Life, we strive to create a flexible work environment where our employees are empowered to do their best work. Several flexible work options are available and can be discussed throughout the selection process depending on the role requirements and individual needs.Job Category: FinancePosting End Date: 04/03/2025All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.Shine togetherAt Sun Life, you can be your most brilliant self. Our supportive, flexible, and inclusive work environment is one where you - and your career - can thrive. Whatever your aspirations, collaborative leaders and colleagues are ready to help you learn, grow, and succeed.We're a global company with a passion for people. Our purpose is to help Clients achieve lifetime financial security and live healthier lives. As a team of 30,000 across 26 countries, our impact is far-reaching and locally relevant.Shape the futureWith an optimistic eye on a brighter future, we drive to innovate. Be part of leading change, push boundaries, and try new ways of working. Use data to drive bold actions. Be agile and pivot as we test and learn. At Sun Life, we're driving transformation, sustainability, and innovation for our Clients, employees, partners, and communities. Join us. Together, we can make the future brighter.
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Keywords: Sun Life Financial, Worcester , Associate Director, Tax Operations & Tax Compliance, Executive , Worcester, Massachusetts