Student Intern, Operational Tax Reporting (Winter term)

at  TMX

Venture outside the ordinary - TMX Careers
The TMX group of companies includes leading global exchanges such as the Toronto Stock Exchange, Montreal Exchange, and numerous innovative organizations enhancing capital markets. United as a global team, we’re connecting cross-functionally, traversing industries and geographies, moving opportunity into action, advancing global economic growth, and propelling progress. Through a rich exchange of ideas, meaningful collaboration, and a nimble operating model, we’re powering some of the nation’s most critical systems, fueling capital formation and innovation, bringing increased opportunity to business visionaries, product ingenuity to consumers, and career exploration to our team.
Ready to be part of the action?
Working with the Operational Tax Team, the Analyst’s primary focus is to support the team in its daily operational and regulatory processes, by assisting in the timely and accurate completion of all daily activities as assigned and investigating and researching various tax related issues in Canadian, International and US tax matters.

KEY ACCOUNTABILITIES:

Reconciliation
Prepare operational reconciliation reports of outstanding cash balances for multiple bank accounts, research and resolve discrepancies, and respond to inquiries from SIES Operations, Banking and Treasury
Assist with the investment of early entitlements in accordance with established guidelines and procedures
Ensure resolution of any outstanding cash balances is completed in a timely fashion
Assist in the preparation of write-offs and ensure it is performed in accordance with procedures and categorized in the appropriate manner
Billing
Assist with the Special Handling Billing spreadsheet for SIES and RM, and ensure that all billing details are logged on a given month’s tab
Access the customer account/profile in Workday, and send a request for a new customer ID or an update to an existing ID if necessary
Prepare the CDS Innovations monthly manual billing for SIES and RM, and submit for approval in a timely manner
Submit CDS Clearing manual billing for Event Management when necessary
Review the Issuer Billing Exception email daily and identify the billing items that require correction or deletion of the billing record
Manage the SIES Exception Billing Records spreadsheet in Google drive, and ensure that all exception events that are logged are reviewed and the billing record is deleted
Review and respond to all queries relating to Special Handling and Event Management billing
Archive the Monthly Issuer Billing Breakdown Reports
Tax
Canadian, US tax processing and research
Investigating tax consequences of entitlement payments
Reviewing tax consequences of distribution payments
Assist with the investment of early entitlements in accordance with established guidelines and procedures

Please refer the Job description for details