Apply on
Entity:
Finance
Job Family Group:
Job Description:
The Transfer Pricing role supports the management of policies and controls, manage complex and escalated operational issues across transfer pricing services, perform in-depth troubleshooting and support operational delivery, quality management and control. The role will also support the team lead in driving operational excellence within transfer pricing compliance and risk management activities and managing transitions and changes.
Key Accountabilities
- Main lead for medium to high complexity transfer pricing projects or special projects assigned, ad hoc transfer pricing queries.
- The role will include but not limited to the following activities:
- Preparation of transfer pricing documentation, implementing processes and procedures on a global and country specific basis.
- Working with finance/accounting teams to ensure that transfer pricing policies are fully understood and robustly applied, through review and implementation of joint processes.
- Work closely with the bp Tax’s Transfer Pricing Network to;
- Reconcile the group’s transfer pricing methods and help to support the ongoing maintenance and implementation of the group’s head office recharge mechanisms and other intragroup transactions;
- Help maintain BP’s transfer pricing policies, and develop procedures and documentation, and customising these for specific transfer pricing regimes;
- Review benchmarking searches on available databases; and
- Where possible, proactively bring to the attention to the Transfer Pricing Group any deficit in policies and their associated risks and opportunities for tax benefits.
- Ensure the performance and documentation of internal controls in accordance with bp’s transfer pricing processes.
- Assist the development and implementation of specific transfer pricing projects, including working where necessary with professional advisors.
- Lead contact and interface for in-country tax advisor, bp business and finance.
- Identifying, highlighting and consulting with stakeholders of potential risks and issues from transfer pricing perspective.
- Identifying potential risks, issues and benefits based on analysed financial data and detailed transfer pricing analysis.
- Recommending transfer pricing methodologies.
- Assist Business and Legal to develop new / maintain existing intercompany agreements.
- Assist Team Lead in addressing process gaps, identify inefficiencies and help embed a continuous improvements culture in the organisation, which include transfer pricing processes or joint processes with Business / Tax / Finance to ensure robustness in the implementation of transfer pricing policies.
Qualification, Experience and Competencies
- A university degree or professional qualification, in accountancy or its equivalent. A tax qualification is advantageous.
- Membership with the Chartered Tax Institute of Malaysia or Australian &/or UK &/or US equivalent is advantageous.
- At least with 8 – 10 years post qualification experience in tax and / or accounting role. Ideally with 6-8 years dealing with transfer pricing matters.
- Good knowledge of transfer pricing, corporate tax and accounting principles.
- Analytical with good problem solving skills, adaptable to work in different environment and a team player.
- Good communication skills are required to interface at all levels in the business community, with Tax and with external parties.
Why join us?
At bp, we support our people to learn and grow in a diverse and challenging environment. We believe that our team is strengthened by diversity. We are committed to fostering an inclusive environment in which everyone is respected and treated fairly. There are many aspects of our employees’ lives that are meaningful, so we offer benefits to enable your work to fit with your life! These benefits can include flexible working options, paid parental leave policy among others!
Travel Requirement
Relocation Assistance:
Remote Type:
Skills:
Legal Disclaimer:
We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, socioeconomic status, neurodiversity/neurocognitive functioning, veteran status or disability status. Individuals with an accessibility need may request an adjustment/accommodation related to bp’s recruiting process (e.g., accessing the job application, completing required assessments, participating in telephone screenings or interviews, etc.). If you would like to request an adjustment/accommodation related to the recruitment process, please .
If you are selected for a position and depending upon your role, your employment may be contingent upon adherence to local policy. This may include pre-placement drug screening, medical review of physical fitness for the role, and background checks.