Transfer Pricing Job Description
Transfer pricing
provides support within the Tax department related to the transfer pricing components of US and non-US tax returns, such as preparation of transfer pricing disclosures and appendices.
Transfer Pricing Duties & Responsibilities
To write an effective transfer pricing job description, begin by listing detailed duties, responsibilities and expectations. We have included transfer pricing job description templates that you can modify and use.
Sample responsibilities for this position include:
Providing transfer pricing documentation support for assigned product coverage areas in accordance with US and global guidelines
Providing first line/day-to-day support on all transfer pricing issues pertaining to assigned product coverage areas
Preparing functional analysis
Preparing benchmarking analysis
Ensure the formulation and execution of Transfer Pricing solutions
Provide advice to management on Transfer Pricing issues
Work closely with various teams and Tax authority to ensure compliance
Identify Transfer Pricing opportunities within the organisation
Develop new initiatives and functions that supports the Transfer Pricing Practice
Provide assistance in formulating business model in the supply chain management
Transfer Pricing Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Transfer Pricing
List any licenses or certifications required by the position: CPA, LLM, W8BENE, FATCA, JD, CA, EA, CFA, MBA, CMA
Education for Transfer Pricing
Typically a job would require a certain level of education.
Employers hiring for the transfer pricing job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and University Degree in Economics, Finance, Accounting, Business, Business/Administration, Management, Statistics, Law, Mathematics, MBA
Skills for Transfer Pricing
Desired skills for transfer pricing include:
U.S. Generally Accepted Accounting Principles
MS Excel
Interplay between transfer pricing and other areas of tax
Statistical analysis software
U.S. GAAP
PowerPoint
Rules and regulations
Valuation
Statistical sampling and econometrics
Valuations
Desired experience for transfer pricing includes:
Experience in Big 4 would be preferred
Strong international Transfer Pricing experience (3 years) or a qualified tax professional with strong commercial acumen and desire to join the TP team
7+ years of experience in transfer pricing, working closely with an in-house accounting/finance department
Establish and implement sound Transfer Pricing policies
Ensure Transfer Pricing planning and implementation are in compliance
Ensure projects assigned are delivered in a timely and accurate manner
Transfer Pricing Examples
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Transfer Pricing Job Description
Job Description Example
Our growing company is searching for experienced candidates for the position of transfer pricing. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for transfer pricing
- Review and monitor the monthly free fund earnings across the Group in conjunction with the relevant Manager and prepare annual budgets and forecasts for Group
- Oversee the delivery of the monthly ALCO MI pack
- Build and maintain excellent relationships with key internal and external stakeholders - including wide Group Treasury
- Advise on transfer pricing aspects of business expansion including entering into new countries, reorganizations, and cross-border transactions involving multiple jurisdictions
- ASC 740/FIN 48 analysis and position documentation
- Directly manage transfer pricing team members
- Assist in maintaining master file and develop and maintain standards for local files assist in or review of local files
- Working on benchmarking studies for transactions occurred in IT Industry.Support various transfer pricing projects upon request
- Conduct interviews and document findings in support of the Company’s management fee calculation
- Work with U.S. and foreign multi-national clients to identify and assess cross border inter-company transactions
Qualifications for transfer pricing
- Ability to make independent decisions and to deal confidently with senior professionals
- Ability to work effectively on multiple projects at various stages of completion
- Minimally 5 years of experience in Transfer Pricing, with at least 3 years in the commercial sector
- Possess strong service delivery and strong commercial awareness
- Adaptable and independent, able to work with various stakeholders to drive various projects
- Knowledge of transfer pricing
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Transfer Pricing Job Description
Job Description Example
Our innovative and growing company is hiring for a transfer pricing. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for transfer pricing
- Strategize on local country revenue authority transfer pricing audits
- Participate in advanced pricing agreements (APA)
- Continuous work towards optimization of the client's existing and new U.S. to foreign and foreign to foreign inter-company transactions
- Manage the work of client service team members and mentor staff
- Prepare and analyze financial and economic data through the use of various software and statistical sampling packages
- Prepare quality, practical approaches to the client's economic situation and arrive at logical business based conclusions
- Prepare comprehensive transfer pricing financial risk analyses US 6662 and global transfer pricing documentation
- Assist in the development of transfer pricing models and functional surveys used to calculate service revenue and expense allocations management services cross charges
- Prepare research, P&L analysis, and financial models to recommend pricing methods that align with transfer pricing objectives and policies
- Support audit inquiries globally SOX compliance matters
Qualifications for transfer pricing
- Undergraduate degree in accounting or economics or a Master’s degree in economics or taxation
- Understanding of treasury finance, including interest rate, basis and market risk along with liquidity management and wholesale funding
- Tax professional required at tax manager, senior manager or director level
- The successful candidate is expected to have a developed a good level of technical knowledge on Transfer Pricing
- Technical knowledge may have been obtained either through working in practice in the provision of transfer pricing advice to multinationals, or working in industry with a multinational company on the implementation and management of transfer pricing policies within the multinational
- Excellent leadership and communication skills with desire to set up a new function and develop new business
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Transfer Pricing Job Description
Job Description Example
Our company is growing rapidly and is searching for experienced candidates for the position of transfer pricing. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for transfer pricing
- Participate in functional and risk interviews and takes full and detailed interview notes
- Identification and assessment of intercompany cross-border transactions
- Draft/review intercompany agreements that support transfer pricing transactions
- Assist in applying transfer pricing in the context of ASC 740
- Monitor transfer pricing regulations, cases in litigation and other relevant tax laws
- Improve governance and controls over transfer pricing and manage related risks
- Effectively manage the fundamentals
- Ensure that CRL’s transfer pricing policy and related governance and controls are adhered to
- Work closely with operations and financial management to obtain an understanding of the business
- Manage the development and execution of transfer pricing planning opportunities
Qualifications for transfer pricing
- Developing, reviewing and leading implementation of new transfer pricing policies or revisions to existing policies
- Enhancing governance and controls over the transfer pricing calculation/execution, reporting/documentation processes
- Managing internal and external audits and input on Advance Pricing Agreements
- Providing technical support to other areas and new business initiatives
- Close collaboration with various stakeholders and an excellent platform to develop a broad, cross-functional network within the integrated bank
- Advanced degree (MBA, JD, Ph.D.) is preferred
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Transfer Pricing Job Description
Job Description Example
Our innovative and growing company is searching for experienced candidates for the position of transfer pricing. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for transfer pricing
- Ensure that contemporaneous documentation is retained for all material intercompany transactions
- Collaborate with CRL’s legal team to ensure intercompany contracts are in place
- Working with financial management, monitor intercompany transactions and ensure that the results are within the targeted range identified in the transfer pricing reports
- Collaborate with CRL’s IT group and financial management to ensure that reporting is done in a manner sufficient to monitor the intercompany transactions
- Ensure that CRL is in compliance with the OECD’s Base Erosion and Profit Shifting recommendations and related laws, treaties and regulations
- Oversee transfer pricing audits by ensuring that IDRs related to transfer pricing are answered in the required timeframe and the necessary information and documentation is provided to the tax authorities
- Participate in due diligence on transfer pricing issues for potential acquisitions
- Currently pursuing a Bachelor’s or Master’s degree in Finance, Accounting, Economics, Business Administration (with a concentration in Accounting or Finance), Management (with a concentration in Accounting or Finance) from an accredited college or university
- Oversees tax planning projects for transfer pricing engagements for multinational clients, which includes project planning, project oversight, scheduling staff resources, and developing and implementing solutions and related documentation
- Leads global teams on transfer pricing planning projects for clients in diverse industries, participates in engagements requiring international tax and transfer pricing analysis for multinational entities and their affiliates, researches and analyzes a wide range of industry and economic issues, and develops and communicates/presents the proposed solutions
Qualifications for transfer pricing
- Big Four Public Accounting / law firm combined with in-house tax experience preferred
- 2nd-4th year daily University student
- Economic/Finance/Mathematic field of study
- Fluent in English and Spanish is an advantage
- Good knowledge of Microsoft Excel and Microsoft Word
- Must have experience applying & implementing International Transfer Pricing Laws, Regulations and Guidelines
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Transfer Pricing Job Description
Job Description Example
Our innovative and growing company is hiring for a transfer pricing. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for transfer pricing
- Close interaction with and management of FMG relationships (including Financial Control teams, Tax Advisory, Legal Entity Controllers
- Lead and coach team member/s and provide support to junior team members to enhance their knowledge and effectiveness
- Assist with the preparation and updates of internal tax policies and procedures
- Support process improvements and change management initiatives for Transfer Pricing tax reporting, including an ongoing focus on training, technology use and operational efficiencies
- Manage and implement tax planning projects that involve cross border transactions such as licensing of IP and/or cross border charges for services
- Analyze the tax effect of current or proposed transactions, including cross border transactions, acquisitions, and divestitures
- Participate in process of drafting and compilation of the Company’s master file, together with external advisers, in accordance with OECD standards released in Action 13 of the BEPS project
- Cultivate a deep understanding the Company’s various business models, interviewing business executives and assisting in compiling a functional analysis library based on research and interviews
- Develop U.S. and non-U.S. staff through supervision, training, and exposure to skills development work experiences
- Provide support in identifying, documenting, and monitoring any uncertain tax positions under FIN48
Qualifications for transfer pricing
- Bachelor's degree in Economics, Finance, Accounting or Statistics
- Knowledge of U.S. Generally Accepted Accounting Principals (GAAP)
- Highly energetic and a self-starter with the ability to thrive in a fast-paced professional services environment
- Currently enrolled in a Bachelor’s, Master’s or PhD degree in Economics, Finance, Business Administration or Management (with a concentration in Economics or Finance) or other degree (with a minimum of four Junior and/or Senior level courses in Economics or Finance) from an accredited university or college
- Bachelor’s degree in Business, Finance, Accounting or related field required, Master’s degree in Taxation desired
- You have a background in accountancy, tax or economics – this will be backed up by at least two years’ experience of transfer pricing gained in industry or a major accounting, economics or legal practice