Senior Director, International Tax

Not Interested
Bookmark
Report This Job

profile Job Location:

Toronto - Canada

profile Monthly Salary: Not Disclosed
Posted on: 11 hours ago
Vacancies: 1 Vacancy

Job Summary

Were building a relationship-oriented bank for the modern world. We need talented passionate professionals who are dedicated to doing whats right for our clients.

At CIBC we embrace your strengths and your ambitions so you are empowered at work. Our team members have what they need to make a meaningful impact and are truly valued for who they are and what they contribute.

To learn more about CIBC please visit

What youll be doing

The Senior Director International Tax is a key leadership role within CIBCs Finance function. Reporting to the VP International Taxation and Transfer Pricing this role will provide expert guidance on international tax matters ensure compliance with evolving international tax regulations and support business initiatives with strategic tax advice. This role requires strong technical expertise in the international tax regulatory landscape thought leadership and the ability to collaborate across functions and geographies to ensure effective execution of multi-geographical initiatives in alignment with business objectives and regulatory requirements. The role will be responsible for tax planning providing risk assessment and tax advice to stakeholders across CIBC with a focus on strategic initiatives including reorganizations and establishing operations in new jurisdictions.

At CIBC we enable the work environment most optimal for you to thrive in your role. Youll have the flexibility to manage your work activities within a hybrid work arrangement where youll spend 1-3 days per week on-site while other days will be remote.

How youll succeed

  • International Tax Delivery- Deliver specialized advice planning and solutions on a broad range of international tax matters impacting CIBC and its Strategic Business Units. Lead the implementation of multi-functional cross-border strategic initiatives tax due diligence and structuring for market entry acquisitions and reorganizations in new jurisdictions. Assess and manage permanent establishment (PE) risks for crossborder activities (including services and dependent agent scenarios) recommend branch vs. subsidiary structures coordinate with employment tax and mobility implications to avoid unintended PEs. Design capital structures for foreign entities that balance regulatory funding and tax objectives including development of repatriation strategies (dividends returns of capital share redemptions interest royalties) that optimize returns considering exempt/taxable surplus foreign tax credits withholding tax and FX impacts. Advise on nonresident withholding tax implications for dividends interest royalties services and guarantee fees.

  • Stakeholder Management- Co-ordinate among various stakeholders and collaborate with transfer pricing indirect tax and compliance teams across CIBC on matters including: transfer pricing for inter-company financing guarantees inter-company services and intangibles; indirect tax considerations for foreign operations and integration with pricing and billing processes; accurate and timely Canadian outbound compliance for crossborder transactions and foreign affiliates (e.g. T1134/T106 filings) and coordination with local tax registrations returns and information reporting in relevant jurisdictions.

  • Planning and Compliance- Lead Canadian foreign affiliate regime planning and compliance including surplus tracking (exempt taxable hybrid surplus) FAPI analysis and mitigation upstream loans and ACB adjustments on FA shares and reorganizations. Manage audits and disputes relating to crossborder matters; pursue APAs/MAP where appropriate and coordinate strategy with local advisors and tax authorities to resolve controversies efficiently. Provide proactive stakeholder education on international tax developments affecting foreign operations and translate technical changes into actionable business guidance. Build strong relationships with internal stakeholders external advisors and tax authorities. Stay abreast of changes in international tax legislation and administrative practices proactively assessing their impact on CIBC and communicating relevant updates to stakeholders. Represent CIBC in industry forums and advocate for the banks interests in tax policy discussions. Mentor and develop team members fostering a culture of continuous learning and professional growth within the international tax function.

Who you are

  • You can demonstrate experience. 10 or more years of Canadian international tax work experience with a specialization in outbound taxation. Exposure to the financial services industry is as an asset however consideration will be given to candidates who have a strong interest and desire to learn the financial services business.

  • You are a certified professional.Chartered Professional Accountant (CPA) designation (preferably CPA CA) or Masters degree in Taxation tax law or related field or a tax lawyer.

  • Completed Levels I and II of the CPA Canada In-Depth Tax Course. Completion of the In-depth International Tax course is preferred.

  • Strong presentation/ business interaction skills. Excellent research and analysis. Advanced problem-solving skills and ability to implement the solutions. Results-oriented self-motivated proactive and proven ability to work independently. Focused thorough and disciplined in approach. Decisive confident and comfortable working closely with and collaborating with business partners.Excellent communication and presentation skills.

  • You are analytical. Proficient with Microsoft Office products plus able to quickly learn new relevant add-on applications if required e.g. Alteryx.

  • You understand that success is in the details. You notice things that others dont. Your critical thinking skills help to inform your decision making.

  • Youre driven by collective success. You know that collaboration can transform a good idea into a great one. You understand the power of an inclusive team that enjoys working together to bring a shared vision to life.

  • Values matter to you. You bring your real self to work and you live our values - trust teamwork and accountability.

What CIBC Offers

At CIBC your goals are a priority. We start with your strengths and ambitions as an employee and strive to create opportunities to tap into your potential. We aspire to give you a career rather than just a paycheck.

  • We work to recognize you in meaningful personalized ways including a competitive salary incentive pay banking benefits a benefits program* defined benefit pension plan* an employee share purchase plan a vacation offering wellbeing support and MomentMakers our social points-based recognition program.

  • Our spaces and technological toolkit will make it simple to bring together great minds to create innovative solutions that make a difference for our clients.

  • We cultivate a culture where you can express your ambition through initiatives like Purpose Day; a paid day off dedicated for you to use to invest in your growth and development.

*Subject to plan and program terms and conditions

What you need to know

  • CIBC is committed to creating an inclusive environment where all team members and clients feel like they belong. We seek applicants with a wide range of abilities and we provide an accessible candidate experience. If you need accommodation please contact

  • You need to be legally eligible to work at the location(s) specified above and where applicable must have a valid work or study permit.

  • We may ask you to complete an attribute-based assessment and other skills tests (such as simulation coding French proficiency MS Office). Our goal for the application process is to get to know more about you all that you have to offer and give you the opportunity to learn more about us.

Job Location

Toronto-81 Bay 26th Floor

Employment Type

Regular

Weekly Hours

37.5

Skills

Compliance Oversight International Taxes Leadership People Management Regulatory Requirements Tax Advising Tax Law Tax Planning Tax Services

Required Experience:

Exec

Were building a relationship-oriented bank for the modern world. We need talented passionate professionals who are dedicated to doing whats right for our clients.At CIBC we embrace your strengths and your ambitions so you are empowered at work. Our team members have what they need to make a meaningf...
View more view more

Key Skills

  • Tax Experience
  • Accounting Software
  • GAAP
  • QuickBooks
  • Accounting
  • Sage
  • Account Reconciliation
  • Analysis Skills
  • Research Experience
  • SOX
  • Microsoft Excel
  • Financial Analysis

About Company

Company Logo

Bank on your terms with CIBC – whether it’s in person, over the phone or online, CIBC has you covered.

View Profile View Profile