01 Aug
|
Solventum
|
Karnataka
01 Aug
Solventum
Karnataka
Job Summary
A Transfer Pricing Analyst / Senior Analyst is responsible for supporting the design, implementation, documentation, and defense of the company's global transfer pricing policies. This role works closely with Tax, Finance, Controllership, and Trade Compliance to ensure that intercompany transactions are priced in accordance with the arm's-length principle and local tax regulations.
Responsibilities
1. Transfer Pricing Compliance & Documentation
- Oversee the preparation of local files, master file, and country by country reporting (CbCR) support in line with OECD guidelines and local regulations.
- Collect and analyze financial and operational data for benchmarking studies, functional analyses, and economic analyses.
- Draft and update transfer pricing relevant disclosures, intercompany agreements, and related documentation.
- Support the annual transfer pricing cycle year end adjustments, and documentation refresh.
2. Operational Transfer Pricing
- Work with Controllership, FP&A;, Treasury and local finance teams to operationalize transfer pricing policies (e.g., monthly charges, allocation keys, cost centers).
- Support the implementation, testing, and maintenance of processes, tools, and systems to streamline and automate operational transfer pricing (e.g., ERP, BI tools, TP calculation tools).
- Review intercompany invoices and reconciliations.
- Assist with preparing financial data, analysis and modeling to support transfer pricing processes and projects.
3. Audit & Controversy Support
- Support responses to tax authority queries,
audits including data gathering, analysis, and drafting of responses.
- Maintain an organized audit defense file for key jurisdictions and transactions.
Your Skills and Expertise
Required (Analyst)
- Bachelor's degree in Accounting, Finance, Economics, Tax, or a related field.
- 4-6 years of experience in transfer pricing, international tax, corporate finance, or related field (experience in Big 4 or multinational environment).
- Solid understanding of basic transfer pricing concepts, financial statements, and accounting fundamentals.
- Strong analytical and quantitative skills, with proficiency in Excel and data analysis.
- Valuable written and verbal communication skills with ability to prepare clear, structured documentation.
Preferred (Both Levels)
- Advanced degree in Tax, Economics, Finance, or Law, and/or a professional qualification (e.g., CPA, CMA, CTA, CFA) not required but preferred.
Key Skills & Competencies
- Robust analytical and problem solving skills with attention to detail.
- Ability to interpret and apply tax/transfer pricing regulations to practical business scenarios.
- Project management skills and ability to prioritize in a fast paced, deadline driven environment.
- Understanding of financials
Work Location
- Hybrid Eligible
Domestic Travel
May include up to 20%
Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.
📌 Transfer Pricing Analyst (Karnataka)
🏢 Solventum
📍 Karnataka