Job purpose:
The Transfer Pricing & Tax Technology Specialist needs to identify and analyze intercompany transactions from a transfer pricing perspective. He/she will need to acquire a thorough understanding of Hikma’s operating model and overall strategy. He/she would utilize this knowledge to ensure compliance with transfer pricing rules globally.
Key responsibilities:
The Transfer Pricing & Tax Technology Specialist needs to work closely with the Transfer Pricing & Tax Technology Analysts on the specific areas mentioned below to ensure the analysis undertaken is in line with transfer pricing rules. The specific areas are:
1. Operational transfer pricing:
– Reviewing intercompany transactions to ensure that they are in line with the arm’s length principle
– Reviewing P&L and Balance Sheets of Entities within the Group to enable the review of intercompany transactions
– Reviewing the Country-by-Country Report for the Hikma Group and the XML Schema conversion
– Take the technical lead on the set up or enhancement of transfer systems’ enhancements and project
– Helping in identify intercompany transactions across the Group based on an analysis of the functions, risks and assets related to each transaction
2. Intercompany cost allocations
– Understanding the internal cost allocations processes for the Hikma Group
– Running the models for intercompany cost allocations across the Hikma Group in accordance with the relevant functions
3. Documentation and compliance
– Working with external advisors on preparing transfer pricing documentation to support various transfer pricing projects and transactions
– Reviewing the local files and master files for the transfer pricing documentation needed for the Hikma Group
– Supporting any compliance requirement from a transfer pricing aspect
4. Forecasts and budgets
– Assisting in preparing the Hikma Group’s budgets in relation to intercompany transactions
– Assisting in the review of forecasted intercompany transactions 4 times a year
5. Tax Technology: Take the lead on setting up systems and processes to reduce the reliance on manual Excel files
6. Research & Ad-hoc
– Supporting the team in various research requirements of global tax laws as well as transfer pricing guidelines
– Preparing ad-hoc reports and summaries of tax and transfer pricing transactions
7. Provide guidance to the junior and fresh roles in the Group Transfer Pricing functions
Qualifications & experience: