Tax Accountant / Consultant - Global Financial Services (Self - Employed) - Toronto, Ontario
(2025-01)
- Extensive experience with HST, GST, and provincial sales taxes (PST/QST) compliance across multiple Canadian jurisdictions.
- Prepared and reviewed monthly, quarterly, and annual HST/GST returns.
- Managed input tax credit (ITC) reconciliations and ensured recoverability in accordance with CRA requirements.
- Supported audits and responded to inquiries from the Canada Revenue Agency.
- Specializes in areas such as T1, T2, Capital gains tax, non-resident tax, Rental income, self employment tax, WHt and foreign income taxes
- Payroll tax compliance (T4, T4a, T5, T5018, ROE, payroll calculations and all slips summaries) and remittances.
- Preparation of self employment taxes, rental income taxes, capital gains.
- Prepare T1 and T2 adjustment when necessary.
- Respond to CRA reviews and recommend appeals when necessary.
- Prepare clients for self representations in the federal tax count.
- Providing expert advice and assistance to individuals or businesses regarding their tax obligations and financial matters.
- Tax Preparation: Assist clients in preparing and filing their tax returns accurately and in compliance with relevant laws and regulations. This involves gathering financial data, identifying deductions and credits, and ensuring all forms are completed correctly.
- Tax Planning: Work closely with clients to develop tax strategies aimed at minimizing their tax liability while staying within the bounds of the law. This involve advising on investment decisions, retirement planning, and other financial matters to optimize tax outcomes.
- Compliance: Ensuring that clients remain compliant with tax laws and regulations is a crucial aspect of your role. This involve staying up-to-date with changes in tax legislation, advising clients on their tax obligations, and helping them avoid potential penalties or audits.
- Representation: In case of tax audits or disputes with tax authorities, I represent my clients and advocate on their behalf. This involves providing documentation, negotiating settlements, and ensuring that the clients' rights are protected throughout the process.
Tax Manager - MIDS Aviation Inc
(2022-07 - 2024-12)
- Responsible for overseeing and managing all aspects of tax compliance and planning. Also manages and oversee the preparation and filing of corporate tax returns.
- Develop and implement tax planning strategies to minimize tax liabilities and review assessments and correspond with the CRA.
- Tax research and preparation of tax memorandums and reporting on mergers & acquisitions, demerger/carve out, foreign affiliate surplus calculations, safe income calculations.
- Review and analyze financial data to ensure accuracy and completeness for tax purposes and provide guidance and advice to clients on tax-related matters.
- Supervise and mentor junior tax Associates and communicate effectively with clients, tax authorities, and other stakeholders.
- Provide expert tax advice and guidance to directors and prepare and review complex tax returns.
- Conduct research on tax issues and stay up to date with changes in tax laws and regulations.
- Review financial statements and other relevant documents to identify potential tax issues or opportunities.
- Assist with tax audits and respond to inquiries from tax authorities and train and mentor junior staff members on tax compliance and planning matters
- Collaborate with other departments to ensure accurate financial reporting and compliance with applicable laws and regulations.
Senior Tax Consultant - Green Lending Corp
(2020-04 - 2022-07)
Specializes in areas such as T1, T2, HST, Capital gains tax, non-resident tax, WHt and foreign income taxes. Leads a team of tax professionals in providing tailored tax planning, compliance, and advisory services to a diverse clientele including high-net-worth individuals, small businesses, and corporate entities.
- Payroll tax compliance (T4, T4a, T5, T5018, ROE, payroll calculations and all slips summaries) and remittances.
- Preparation of self employment taxes, rental income taxes, capital gains.
- Prepare T1 and T2 adjustment when necessary.
- Respond to CRA reviews and recommend appeals when necessary.
- Prepare clients for self representations in the federal tax count.
- Help clients with foreign income to properly prepare their taxes so as to avoid double-taxation.
- Demonstrates ability to understand the Income Tax Act and Regulations for various tax issues
- Assist with tax audits and respond to inquiries from tax authorities and train and mentor junior staff members on tax compliance and planning matters
- Responds to client requests and corresponds with clients to meet deliverables.
- Travels to client locations to review, gather, and copy tax returns, financial statements, work papers, tax studies, and other documentation to use in compliance and consulting services.
Tax Accountant/Consultant - Bluekat Financial Services
(2014-06 - 2020-05)
- Assist individuals to register charities, preparing charity returns for charities, and assist non-for-profits organisation to file their annual returns.
- Tax Preparation: Assist clients in preparing and filing their tax returns accurately and in compliance with relevant laws and regulations. This involves gathering financial data, identifying deductions and credits, and ensuring all forms are completed correctly.
- Tax Planning: Work closely with clients to develop tax strategies aimed at minimizing their tax liability while staying within the bounds of the law. This involve advising on investment decisions, retirement planning, and other financial matters to optimize tax outcomes.
- Compliance: Ensuring that clients remain compliant with tax laws and regulations is a crucial aspect of your role. This involve staying up-to-date with changes in tax legislation, advising clients on their tax obligations, and helping them avoid potential penalties or audits.
- Client Consultation: Meet with clients to assess their financial situation, understand their goals, and provide personalized advice tailored to their needs. This include discussing long-term financial planning, estate planning, or business structuring.
- Continuing Education: Tax laws and regulations are constantly evolving; I stay informed about changes in the tax landscape. Engaging in ongoing professional development and obtaining relevant certifications that helps maintain expertise and credibility.
- Ethical Standards: Upholding ethical standards and maintaining client confidentiality are paramount in the accounting profession. Adhering to professional codes of conduct and acting in the best interests of my clients are essential aspects of my role.
- Documentation and Record-keeping: Keeping accurate records of client interactions, financial transactions, and correspondence is essential for maintaining transparency and accountability in my practice.
Finance Manager - Panache Global Consulting
(2009-02 - 2014-06)
Contract position
- Plan, organize, direct, control and evaluate the operation of an accounting, audit or other financial department
- Develop and implement the financial policies, systems and procedures of an establishment
- Prepare or coordinate the preparation of financial statements, summaries, and other cost-benefit analyses and financial management reports
- Coordinate the financial planning and budget process, and analyze and correct estimates
- Supervise the development and implementation of financial simulation models
- Evaluate financial reporting systems, accounting procedures and investment activities and make recommendations for changes to procedures, operating systems, budgets and other financial control functions to senior managers and other department or regional managers
- Recruit, organize, train and manage staff
- Act as liaison between the organization and its shareholders, the investing public and external financial analysts
- Establish profitability standards for investment activities and handle mergers and/or acquisitions
- Notify and report to senior management concerning any trends that are critical to the organization's financial performance.
Financial Audit Assistant - Bett and Co, Chartered Accountants - Port Harcourt
(1995-04 - 2004-12)
- Examined and analyze journal and ledger entries, expenditures and other accounting and financial records, vouchers, documents and other systems of individuals, companies, and government corporations to ensure the accuracy in financial records and compliance with established accounting standards, procedures, and internal controls.
- Prepares detailed reports of findings during assignments and makes recommendations on improvements on accounting systems and internal controls.
- Engaged in various audit assignments, quarterly, half- yearly and annual audits. These also include year- end statutory audits, special audits, stock taking and verification of assets.
- Conducted field audits of businesses and public corporations to ensure compliance with provisions of the Income Tax Act, Government regulations, Business Corporations Act, or other statutory requirements.
