Role Purpose:
The Transfer Pricing Specialist will be responsible for supporting the implementation and management of transfer pricing policies, ensuring compliance with local and international regulations, and providing expertise in transfer pricing documentation and audits. The role involves collaboration with internal stakeholders, external advisors, and tax authorities to ensure accurate and compliant transfer pricing practices across the organization.
Key Responsibilities:
Transfer Pricing Policy Implementation
- Support the development, implementation, and monitoring of transfer pricing policies in alignment with global and local regulations.
- Ensure transfer pricing policies are consistently applied across all relevant business units and jurisdictions.
Transfer Pricing Documentation
- Prepare and maintain transfer pricing documentation, including Master Files, Local Files, and Country-by-Country Reporting (CbCR).
- Ensure documentation is accurate, up-to-date, and compliant with OECD guidelines and local regulations.
Transfer Pricing Compliance Reporting
- Assist in preparing transfer pricing reports for statutory audits, tax filings, and internal reviews.
- Monitor changes in transfer pricing regulations and ensure timely compliance with new requirements.
Audit Support Risk Management
- Provide support during transfer pricing audits, including responding to queries from tax authorities.
- Identify and mitigate transfer pricing risks by implementing appropriate controls and processes.
Stakeholder Collaboration
- Collaborate with internal stakeholders, including finance, tax, and legal teams, to ensure alignment on transfer pricing matters.
- Liaise with external advisors and consultants for expert guidance on complex transfer pricing issues.
Process Improvement Best Practices
- Identify opportunities for process improvements in transfer pricing compliance and reporting.
- Implement best practices to enhance the efficiency and accuracy of transfer pricing processes.
Key Requirements/Skills/Experience:
Technical Expertise
- Strong knowledge of transfer pricing regulations, OECD guidelines, and local tax laws.
- Experience in preparing transfer pricing documentation and managing audits.
Analytical Problem-Solving Skills
- Strong analytical skills to interpret financial data and assess transfer pricing risks.
- Ability to develop practical solutions to complex transfer pricing challenges.
Communication Collaboration
- Excellent written and verbal communication skills in English.
- Ability to collaborate effectively with internal and external stakeholders.
Attention to Detail
- High level of accuracy and attention to detail in preparing transfer pricing documentation and reports.
Tools Technology
- Proficiency in MS Office (Excel, Word, PowerPoint) and transfer pricing software/tools.
Experience:
- Minimum 1-4 years of experience in transfer pricing, tax compliance, or a related field.
Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us.
At Allianz, we stand for unity: we believe that a united world is a more prosperous world, and we are dedicated to consistently advocating for equal opportunities for all. And the foundation for this is our inclusive workplace, where people and performance both matter, and nurtures a culture grounded in integrity, fairness, inclusion and trust.
We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations.
Great to have you on board. Let's care for tomorrow.