Ernst & Young
Location
Bangalore | India
Job description
At EY, you’ll have the chance to build a career as unique as you are, with the global scale, support, inclusive culture and technology to become the best version of you. And we’re counting on your unique voice and perspective to help EY become even better, too. Join us and build an exceptional experience for yourself, and a better working world for all.
Role name and description
Transfer Pricing Manager - As a Transfer Pricing Manager, you'll thoroughly and accurately analyze information, apply economic/financial knowledge to client situations and develop effective approaches to clients' financial circumstances. Subsequently, you'll take a lead in developing recommendations and implementation plans. You'll also develop and deliver transfer pricing and economic ideas with timely, responsive services/work products, and identify opportunities for transfer pricing and other special services.
The opportunity
When you join EY Transfer Pricing Tax team, you will be at the heart of EYs critical mission to build a better working world by applying knowledge skills and experience in assisting clients in meeting their business Purpose.
Operational Transfer Pricing (OTP) / Intercompany Effectiveness (“ICE”) is a service offering that focuses on the effective and efficient execution of pricing of intercompany transactions across the intercompany life cycle (price setting, transacting, monitoring/adjusting, and documenting). The ICE offering is identified as one of our growth areas withing our Transfer Pricing sub-service line. With increased demand across all regions, we have an immediate need to grow our team.
EY’s Intercompany Effectiveness team uses a scalable and standard methodology method to assess a company’s current challenges, design and build processes, policies, enabling technology and operating models to improve the intercompany transactions that are used in other business processes such as statutory reporting, tax provision and compliance. The Intercompany Effectiveness service offering focuses on all elements of an operating model for intercompany transactions (e.g., processes, controls, organizational design, data and technology).
Job Summary:
We seeking someone interested in joining the ICE team who has an interest in cross-teaming with our clients across all business stakeholder teams (e.g., Operations, Finance, and Tax Leadership) to help enable companies to record their intercompany transactions efficiently, effectively, and in compliance with regulatory and local tax laws. EY works with Global companies that are improving their operating model around intercompany transactions in a variety of locations around the world.
Your key responsibilities
Assist/Manage projects independently from blueprint to go-live by applying project management techniques as well as technical and business knowledge to ensure that high-quality results are obtained for all our clients
Prepare and help facilitate meetings with the clients to understand their intercompany business processes including transfer pricing
Support operation of complex transfer pricing process, including review of Transfer pricing calculation outputs executed to ensure they meet the needs
Create an intercompany matrix leveraging documentation and financial information (e.g., trial balance)
Document or review and edit documented business requirements to communicate data, configuration, and reporting requirements
Design and build reporting solutions or scenario models for reporting and analytics
Create user testing plans, testing scripts, and expected results and conduct testing
Ability to help design the definition of an Intercompany COE (e.g., roles, responsibilities)
Ability to define future state intercompany and transfer pricing processes
Ability to design and implement internal controls for intercompany and transfer pricing processes
Ability to document, review, and delivery training
Design and build reporting solutions or scenario models for reporting and analytics
Transfer price analysis and reporting
Work with the Tech team to implement process and automation system
Be able to give product trainings to clients
Command over the subject and working knowledge of other subjects to initiate/ engage in conversation with the client
Driving and delivering significant projects that result from expansions into new markets, business changes or to ensure compliance with legislative changes
Proven experience of a similar tax or finance role requiring analysis of P&L, including cost allocation, or operational transfer pricing
Familiarity with product costing (3rd party and intercompany).
Project Management Skill Sets
Prepare workplans (estimates of hours, duration of timing, and levels)
Prepare budget-to-actuals and manage project economics
Create and delivery status reporting (e.g., weekly, bi-weekly, etc.).
Additional Skill set
Proven experience of working with and reviewing outputs of complex financial systems and processes within a strong control environment
Strong understanding of accounting and economic concepts and proven track record of delivery of significant projects
Strong ability to collect, organize, analyse, and disseminate significant amounts of information with attention to detail and accuracy
Excellent communication skills as the candidate would be required to communicate progress and the project status to supervisors/ reporting Managers and Stakeholders
Locate and define new process improvement opportunities
Advanced excel skills and strong command on MS Power point and other skills like Power Pivot and Power Query will be useful.
Display general knowledge of engagement “big picture”
Understanding master data (e.g., entity codes, chart of account, materials, product groups, cost centers, etc.)
Experience with calculation and/or posting journal entries for intercompany transactions
Experience with intercompany accounting (e.g., receivable/payable reconciliation, profit elimination, etc.)
Knowledge of the modules in the ERP landscape and how they are used / support intercompany transaction analysis.
Experience defining user requirements for intercompany transactions for products, services, and IP related intercompany transactions (e.g., what is needed to setup each transaction)
Experience participating in the implementation of an ERP (e.g., SAP, Oracle, D365), etc. with specific experience providing requirements for the configuration, reporting and testing of intercompany transactions.
Experience designing reports to be built through ERP applications or 3rd party tools in support of financial, regulatory and tax reporting requirements
To qualify for the role, you must have
One or more of the following: an advanced degree in economics, law, finance, tax or accounting; a CPA or similar certification
MBA/CA with 6-8 years of experience in the field of Transfer Pricing/ Operational Transfer Pricing, or experience in the field of Finance & Accounting.
Strong managerial, organizational, project management, analytical and verbal/written communication skills
Fluent in English
Ideally, you’ll also have
Awareness of other taxes in the US
Ability to read, interpret and apply the tax legislation
What we look for
We are looking for good tax Knowledge professionals with genuine interest in providing outstanding services to some of the world’s most influential people.
What we offer
EY Global Delivery Services (GDS) is a dynamic and truly global delivery network. We work across six locations – Argentina, China, India, the Philippines, Poland and the UK – and with teams from all EY service lines, geographies and sectors, playing a vital role in the delivery of the EY growth strategy. From accountants to coders to advisory consultants, we offer a wide variety of fulfilling career opportunities that span all business disciplines. In GDS, you will collaborate with EY teams on exciting projects and work with well-known brands from across the globe. We’ll introduce you to an ever-expanding ecosystem of people, learning, skills and insights that will stay with you throughout your career.
Continuous learning: You’ll develop the mindset and skills to navigate whatever comes next.
Success as defined by you: We’ll provide the tools and flexibility, so you can make a meaningful impact, your way.
Transformative leadership: We’ll give you the insights, coaching and confidence to be the leader the world needs.
Diverse and inclusive culture: You’ll be embraced for who you are and empowered to use your voice to help others find theirs.
EY | Building a better working world
EY exists to build a better working world, helping to create long-term value for clients, people and society and build trust in the capital markets. Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate. Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today.Job tags
Salary
