Associate Director, Tax Operations & Tax Compliance

You 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

Job Title:                              Associate Director, Tax Operations & Tax Compliance

GCF Level:                           GCF 7.1                

Department(s):                  Finance

Division:                               International

Reports to:                          Director, Controller and Head of Financial Reporting

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 Minium Tax Regimes. This role will ensure that tax returns are accurately completed and filed timely to the Bermuda Tax Authority in addition 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 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, 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
• Responsible for tax advisory support and serving 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 communicating 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 work 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 institution
• Familiar with Global Minimum Tax and Bermuda Corporate Income Tax and willing to develop further expertise in this area
• Inquisitive, analytical and problem solvers able 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 and across multiple time zones is required
• Willingness to work unusual hours, oftentimes having to liaise with other Sun Life offices after regular office hours, due to these being in other time zones.
• Excellent communication skills; able to provide clear written and verbal communication to various levels of management.
• Cultural awareness and openness to persons from an array of different 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. For example, this document may not address the following types of requirements pertaining to the job position which may also constitute and involve essential functions: travel; physical demands; or attendance requirements.   

Additional essential job responsibilities may be addressed in separate documentation, or this document may be amended, revised, or revoked at any time in the sole discretion of the Company.

In addition, employees may be required to perform duties outside of their normal responsibilities from time to time, as needed. 

Our Affirmative Action Program affirms our commitment to make reasonable accommodation to the known physical or mental limitation 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 [email protected] 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.

Finance

04/03/2025

All 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.