Job DescriptionJob SummaryThe Tax Experienced Senior, Transfer Pricing is responsible for utilizing research skills and working with tax software applications to prepare simple tax returns. In this role, the Tax Experienced Senior, Transfer Pricing will be charged with gathering client information for appropriate tax filings and preparing tax accrual work papers, participating in the tax planning process and recognizing and communicating potential risks.
Job DutiesTransfer Pricing Studies: - Conducts transfer pricing studies involving the planning, documentation, audit defense and compliance stages
- Scopes, designs, and conducts the financial analysis related to intercompany transactions to include, but is not limited to an evaluation of industry and client financial data to collectively benchmark or document appropriate intercompany pricing policies
- Completes supplemental financial analysis involving the evaluation of market penetration scenarios, calculationof the value of intangible property, and the analysis of financial transactions (e.g., loan analysis, guarantees, insurance transactions)
- Plans, schedules and executes transfer pricing analyses working under the direction of Tax Senior Director or Tax Manager
- Manages deadlines and data due dates for assigned projects
- Utilizes standard databases to gather company information (e.g., Compustat, Amadeus, ktMINE, Edgar, 10-K Wizard, Bloomberg, Lexis-Nexis, etc.)
- Prepares project reports to document the compliance of the client's intercompany prices with foreign and domestic tax regulations and presents consulting advice summarizing the approach, research, quantitative analysis, and the results of the final analysis
- Participates in scoping calls related to proposals and prepares draft proposals and engagement letters at the direction of Tax Senior Director or Tax Manager
- Prepares presentations for current clients that convey the results of analyses and recommendations going-forward or providing a review of the service capabilities of the practice for potential clients
- Participates in client interviews to gather information to understand the factors affecting intercompany transactions within a group of related companies, including but not limited to the following examples
- Corporate structure
- Division of functional responsibilities among affiliated companies within the corporate group
- Distribution of risks among affiliated companies within the corporate group
- Value drivers for profitability
- Industry overview and competitive pressure
- Historical context of current circumstances
- Industry information
- Manages and reviews benchmarking work completed by Transfer Pricing Associates
Tax Controversy:- Applies understanding of the audit, competent authority and APA process including statutory deadlines and requirements
- Prepares IDR responses on behalf of clients and works with clients to prepare appropriate arguments at audit, as necessary
Tax Provision and FIN 48:- Applies transfer pricing in the context of tax provisions and ASC 740-10
- Utilizes experience to draft memos for transfer pricing ASC 740-10 analysis
Collaboration with Core Tax and Tax Groups:
- Develops an in-depth understanding of the technical and practical issues and opportunities regarding one or more areas of taxation
- Maintains high level of visibility in local offices and region (e.g. networking with core tax and assurance managers and above)
Other duties as requiredSupervisory Responsibilities:- Supervises the day-to-day workload of Transfer Pricing Associates and Interns on assigned engagements and reviews work product
- Ensures Transfer Pricing Associates and Interns are trained on all relevant tax software
- Provides clarification and guidance on complex concepts and tasks to colleagues and clients, as appropriate
- Delivers periodic performance feedback and completes performance evaluations for Transfer Pricing Associates and Interns
- Acts as mentor to Transfer Pricing Associates and Interns, as appropriate
- Monitors budgets and billings to manage project profitability
Qualifications, Knowledge, Skills and Abilities:Education:- Bachelor's degree in Accounting, Economics, Finance or other relevant field, required
- Advanced degree, preferred
Experience:- More than three (3) years of work experience, required
- Experience working within a transfer pricing practice, required
- Prior supervisory experience, required
- Experience with review of tax provisions from a transfer pricing perspective, preferred
Software:- Proficient in the use of Microsoft Office Suite, specifically Excel, PowerPoint and Word
- Prior exposure to S&P Compustat, Moody's RiskCalc, 10-K Wizard, ktMINE, and other financial databases products, preferred
Language:Other Knowledge, Skills & Abilities:- Excellent verbal and written communication skills
- Strong analytical and basic research skills
- Solid organizational skills especially ability to meet project deadlines with a focus on details
- Ability to successfully multi-task while working independently or within a group environment
- Capable of working in a deadline-driven environment and handle multiple projects simultaneously
- Capacity to build and maintain strong relationships with client personnel
- Ability to successfully interact with professionals at all levels
- Intermediate understanding of the technical and practical issues and opportunities regarding one or more areas of taxation
- Intermediate knowledge and understanding of general calculations and cause / effect for taxable conditions on clients and the potential tax issues
- Experience working on different types of analysis across a number of industries
Individual salaries that are offered to a candidate are determined after consideration of numerous factors including but not limited to the candidate's qualifications, experience, skills, and geography.
National Range: $74,550 - $147,000
Maryland Range: $74,550 - $147,000
NYC/Long Island/Westchester Range: $74,550 - $147,000
Washington DC Range: $74,550 - $147,000
