Tax Experienced Associate, Transfer Pricing
BDO USA, LLP, Chicago, IL, United States
Tax Experienced Associate, Transfer Pricing
The Tax Experienced Associate, Transfer Pricing works with a team of consulting economists to help multi-national companies correctly price their transactions between entities within their corporate group. This role assists with examining a variety of economic conditions and industry trends, evaluating clients' intercompany transactions and consulting with clients to set or substantiate prices charged between their related parties. The analysis of intercompany pricing is used to help companies with foreign and domestic tax regulations. The position requires not only strong analytical skills, but also exceptional writing and editing skills. The Tax Experienced Associate, Transfer Pricing will utilize research skills and work with tax software applications to prepare simple tax returns. In this role, the Tax Experienced Associate, Transfer Pricing will assist with gathering client information for appropriate tax filings and preparing tax accrual work papers.
Job Duties:
Information Gathering
Assists in conducting client interviews to gather information on factors that can influence how inter-company transactions are priced. The interviews may collect information as follows:
Corporate structure
Division of functional responsibilities among affiliated companies within the corporate group
Distribution of risks among affiliated companies within the corporate group
Value drivers for profitability
Industry overview and competitive pressure
Historical context of current circumstances
Consulting
Develops, recommends, and implements critical thinking to provide clients with tax advice on transfer pricing issues
Gains exposure to the development of work plans for all assigned clients
Learns about relevant tax law to particular clients and how that law can be appropriately applied to client facts
Monitors tax law and client factual developments on a daily basis
Research
Identifies when research is necessary and frames issues to be researched; identifies sources of all reliable and relevant information including information tending to contradict preferred positions; accesses those sources and retrieves that information; analyzes facts and authorities; understands their weight; and reports on analysis
Analyzes the evaluation of industry data and financial data from the client, which are collectively used to benchmark or document appropriate intercompany pricing policies
Performs additional financial analysis, such as the evaluation of market penetration scenarios or calculating the value of intangible property
Prepares project reports for clients, which include our approach, research, quantitative analysis and final results, these are used to document the extent to which a client's intercompany prices are in compliance with foreign and domestic tax regulations and present consulting advice
Prepares presentations that report to our client the results of analyses and recommendations
Report Writing
Writes industry overviews to provide a context for a company's current operating environment
Writes descriptive functional analyses that are included in transfer pricing reports and documents
Organizes and summarizes client provided information
Takes interview notes and prepares detailed summaries for team members
Proofreads and edits reports prior to delivering to clients
Writes technical memos that describe the analytical process
Assist with preparation of internal and external presentations, research and training materials, and knowledge-sharing communications
Participates in practice improvement initiatives
Other duties as required
Supervisory Responsibilities:
N/A
Qualifications, Knowledge, Skills and Abilities:
Education :
Bachelors degree in Economics, Finance, Accounting, English or other relevant field of study required
Advanced degree preferred
Experience :
One (1) or more years experience in public accounting or professional services, required
Experience with review of tax provisions from a transfer pricing perspective preferred
License/Certifications :
N/A
Software :
Proficient in the use of Microsoft Office Suite, specifically Excel, PowerPoint and Word
Prior exposure to Go Systems, Bloomberg terminal, tax research databases (including Standard and Poor's or Moody's branded products) and/or other tax-related software is beneficial, but not required
Language :
N/A
Other Knowledge, Skills & Abilities :
Exceptional research and writing skills
Skilled in detailed reading, proofing and editing highly technical and descriptive material
Able to independently produce the initial drafts of project deliverables are written reports
Effective interpersonal skills and experience with presentations or public speaking
Ability to work collaboratively in small and large groups
Able to communicate directly with clients in a professional and confident manner
Strong analytical and basic research skills
Solid organizational skills especially ability to meet project deadlines with a focus on details
Capable of working in a deadline-driven environment and handle multiple projects simultaneously
Able to research taxation topics and communicate or compose written analysis effectively
Basic understanding of transfer pricing and the desire to learn more about the industry
Individual salaries that are offered to a candidate are determined after consideration of numerous factors including but not limited to the candidate's qualifications, experience, skills, and geography.
National Range: $63,000 - $115,500 Maryland Range: $63,000 - $115,500 NYC/Long Island/Westchester Range: $63,000 - $115,500 Washington DC Range: $63,000 - $115,500
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Job Duties:
Information Gathering
Assists in conducting client interviews to gather information on factors that can influence how inter-company transactions are priced. The interviews may collect information as follows:
Corporate structure
Division of functional responsibilities among affiliated companies within the corporate group
Distribution of risks among affiliated companies within the corporate group
Value drivers for profitability
Industry overview and competitive pressure
Historical context of current circumstances
Consulting
Develops, recommends, and implements critical thinking to provide clients with tax advice on transfer pricing issues
Gains exposure to the development of work plans for all assigned clients
Learns about relevant tax law to particular clients and how that law can be appropriately applied to client facts
Monitors tax law and client factual developments on a daily basis
Research
Identifies when research is necessary and frames issues to be researched; identifies sources of all reliable and relevant information including information tending to contradict preferred positions; accesses those sources and retrieves that information; analyzes facts and authorities; understands their weight; and reports on analysis
Analyzes the evaluation of industry data and financial data from the client, which are collectively used to benchmark or document appropriate intercompany pricing policies
Performs additional financial analysis, such as the evaluation of market penetration scenarios or calculating the value of intangible property
Prepares project reports for clients, which include our approach, research, quantitative analysis and final results, these are used to document the extent to which a client's intercompany prices are in compliance with foreign and domestic tax regulations and present consulting advice
Prepares presentations that report to our client the results of analyses and recommendations
Report Writing
Writes industry overviews to provide a context for a company's current operating environment
Writes descriptive functional analyses that are included in transfer pricing reports and documents
Organizes and summarizes client provided information
Takes interview notes and prepares detailed summaries for team members
Proofreads and edits reports prior to delivering to clients
Writes technical memos that describe the analytical process
Assist with preparation of internal and external presentations, research and training materials, and knowledge-sharing communications
Participates in practice improvement initiatives
Other duties as required
Supervisory Responsibilities:
N/A
Qualifications, Knowledge, Skills and Abilities:
Education :
Bachelors degree in Economics, Finance, Accounting, English or other relevant field of study required
Advanced degree preferred
Experience :
One (1) or more years experience in public accounting or professional services, required
Experience with review of tax provisions from a transfer pricing perspective preferred
License/Certifications :
N/A
Software :
Proficient in the use of Microsoft Office Suite, specifically Excel, PowerPoint and Word
Prior exposure to Go Systems, Bloomberg terminal, tax research databases (including Standard and Poor's or Moody's branded products) and/or other tax-related software is beneficial, but not required
Language :
N/A
Other Knowledge, Skills & Abilities :
Exceptional research and writing skills
Skilled in detailed reading, proofing and editing highly technical and descriptive material
Able to independently produce the initial drafts of project deliverables are written reports
Effective interpersonal skills and experience with presentations or public speaking
Ability to work collaboratively in small and large groups
Able to communicate directly with clients in a professional and confident manner
Strong analytical and basic research skills
Solid organizational skills especially ability to meet project deadlines with a focus on details
Capable of working in a deadline-driven environment and handle multiple projects simultaneously
Able to research taxation topics and communicate or compose written analysis effectively
Basic understanding of transfer pricing and the desire to learn more about the industry
Individual salaries that are offered to a candidate are determined after consideration of numerous factors including but not limited to the candidate's qualifications, experience, skills, and geography.
National Range: $63,000 - $115,500 Maryland Range: $63,000 - $115,500 NYC/Long Island/Westchester Range: $63,000 - $115,500 Washington DC Range: $63,000 - $115,500
#J-18808-Ljbffr