Thermo Fisher Scientific

Senior Analyst, Transfer Pricing

Expiring today

Location
Singapore
Salary
Competitive salary
Posted
18 Oct 2019
Closes
18 Nov 2019
Ref
102167BR
Job role
Accountant, Tax
Contract type
Permanent
Hours
Full time

Job Description

The Role:

  • Involvement in full life-cycle of transfer pricing management: transfer pricing setting, monitoring and testing, year-end transfer pricing adjustments, and coordination of transfer pricing documentation
  • Determination and highlighting of any shortcomings within our transfer pricing network and proposes fixes, including liaison with distribution countries and supplying sites for necessary changes
  • Monitoring of list price or standard costs changes, and flag the transfer pricing implications
  • Supporting in analysis of any transfer pricing change requests and supply chain restructuring projects
  • Always exercising care and considerations for customs implications arising from any proposed transfer pricing changes
  • Assisting with implementation of control framework / awareness drive at both distribution countries and supplying / factory sites, working with transfer pricing counterparts in other parts of the world as needed
  • Working with respective country accounting teams to segment and analyze financial data as required to determine the transfer pricing and customs positions
  • Further segmentation of divisional P&L by factories and SKU level GPM for customs analysis for key countries
  • Supporting any transfer pricing and customs audits across the region as needed
  • Coordination with accounting teams in various countries and external consultants for purpose of any benchmarking, transfer pricing documentations, masterfiles, local files and CBCR purposes

Requirements:

  • A university degree and/or post-graduate qualification in Accounting, Finance, Business Economics, or law
  • Candidate should have at least 3 years of transfer pricing experience in a big 4 audit firm, preferably at Senior Associate / Senior Consultant level
  • Strong Transfer pricing fundamentals/conceptual grasp, including being able to demonstrate understanding of the relationship between functions, assets and risks and return
  • Ability to explain the difference between price setting vs price testing
  • Ability to explain the pros and cons of different transfer pricing policies (e.g. cost plus vs resale-minus etc.)
  • conduct critical review of transfer pricing reports and benchmarking and thereafter assess impact and make recommendations on transfer pricing setting
  • demonstrate knowledge of the differences between Masterfile, Local file, and CbCR
  • Knowledge of customs matters is a plus
  • Ability to translate complex supply chain information into transactional flows and useful financial data, which is critical for transfer pricing and customs analysis
  • Able to work independently and demonstrate resourcefulness under limited supervision
  • Result-oriented and not be easily lost in details; Ability to see big picture context
  • Strong problem-solving skills, including ability to break down complex issues into smaller components and then addressing each with clear basis, and be able to articulate the outputs to stakeholders; able to exercise critical judgment calls
  • Possess a project management mindset to see to timely completion of tasks by deadlines agreed with stakeholders; Able to prioritize time-critical tasks accordingly

Similar jobs

Similar jobs