Senior Specialist - Transfer Pricing

Part of the Transfer Pricing Compliance team in India; reporting into the Transfer Pricing Manager, Direct Tax Operations Center. The CoE shall support Maersk’s transfer pricing operations lead, including the collection and analysis of large volumes of data and information supporting intercompany related party transactions globally.
The Transfer Pricing CoE shall work closely with Maersk’s global transfer pricing team and shall take ownership of the transfer pricing documentation and compliance processes; which includes initiatives to enhance, improve, and adjust the processes and the analyses.

About Maersk:

A.P. Moller - Maersk is an integrated container logistics company striving to connect and simplify its customers’ supply chains. As the global leader in shipping services, the company operates in 130 countries and employs roughly 100,000 people. Our purpose is to improve life for all by integrating the world. We believe in an integrated world, one planet; connected all the way.

Maersk is undergoing unprecedented transformation and growth, rethinking the way we engage with customers and partners, and how the world’s trade flows across our global network. We are offering you a unique opportunity to help shape that journey and the future of our organization. At Maersk, your expertise can be used to do amazing things like reducing global food waste, making trade fairer and improving communities and lives overall. Taking leadership in decarbonizing logistics, we aspire to go carbon neutral (net zero) by 2040. This is your chance to be a part of initiatives that can shape a better future for everyone. Join us, and let’s make these issues a priority.

Job Summary:

Part of the Transfer Pricing Compliance (“TP Compliance”) team in India lead reporting into the TP Compliance Lead. The TP Compliance team is responsible for Maersk’s TP Compliance related to Local File and Master File, including the collection and analysis of large volumes of data and information supporting intercompany related party transactions globally, preparing Local Files and ensuring submission of the same with respective tax authorities.

The Transfer Pricing Compliance team is part of Maersk’s global transfer pricing team and undertakes ownership of the Transfer Pricing documentation and compliance processes, which includes initiatives to enhance, improve, and adjust the processes and the analyses.

Key Responsibilities:

• Perform end-to-end transfer pricing documentation related compliance process at Maersk.
• Improve and develop transfer pricing analyses, in line with the group’s transfer pricing policies.
• Update the transfer pricing documentation templates.
• Support implementation of transfer pricing policies.
• Monitor transfer pricing policies against outcomes.
• Oversee, plan, and execute information gathering across all areas of transfer pricing, working with colleagues in tax, finance and other relevant functions.
• Monitor and implement TP related tax law and transfer pricing legislative updates.
• Support on transfer pricing related aspects of acquisitions, divestments, mergers, restructuring, etc.
• Drive transfer pricing law changes from compliance, process and systems perspective.
• Critical thinking, ability of analysing information and implementation of the same in execution.
• Timely update, input and escalation to higher ups in the team so that the situation can be handled accordingly.
• Active participation in team meetings, Knowle sharing sessions and trainings.

• Transfer pricing audit support and risk management:

• Tax Risk Management (TRM) process support.
• Collating and reviewing data/ information required for open tax audits and/or notices.
• Support on drafting responses to notices/ queries from tax authorities and/or auditors.

• Project management :

• Preparation of a structured plan (scoping document) for upcoming deliverables (Monthly, quarterly and yearly) and communication of the same to relevant stakeholders.
• Executing of plan by following the processes in place, maker necessary adjustments in the plan and communicate.
• Process designing, standardization, automation, efficiencies and improvement initiatives.
• Data quality improvement projects/ initiatives.
• BI implementations and/or changes.
• Other transfer pricing related projects.

• Stakeholder management: effective, pro-active communication with external and internal stakeholders as necessary, including third-party advisors and owners of upstream processes such as ATR (Accounting), Finance, Corporate Taxation, Local Statutory Reporting and Group Reporting.
  • Planning various stages and milestones related to TP documentation with stakeholders.
  • Communicate and align with stakeholders on roles and responsibilities and timelines related to TP documentation.
  • Provide timely status updates to stakeholders.

Qualification/ Experience/ Skills required:

• Qualified Chartered Accountant.
• 4 to 8 years of post-qualification experience in Transfer Pricing.
• The aforesaid experience should be in the following types of organizations:
• Big 4 advisory firms.
• Shared services or centres of excellence of large MNCs.
• Large MNCs/ Indian companies.
• Knowledge about transfer pricing, financial, accounting and tax systems, processes and controls. 
• Experience of working with ERP systems (ideally SAP).
• Adeptness at analyzing and reviewing large volumes of data.
• Awareness of or experience with transfer pricing software/ tools.
• Proficiency in MS office (Excel, Word and PowerPoint) is must, knowledge of Power BI will be an added advantage.
• Willingness to learn new applications and explore smarter ways of working.
• Good verbal and written communication skills with different levels of stakeholder, both internal and external.
• Detail orientated, proven commitment to high quality delivery and continuous improvement.
• Flexible, able to work to deadlines and to prioritise effectively.
• Team player, with experience of working in a multi-process environment.

Maersk is committed to a diverse and inclusive workplace, and we embrace different styles of thinking. Maersk is an equal opportunities employer and welcomes applicants without regard to race, colour, gender, sex, age, religion, creed, national origin, ancestry, citizenship, marital status, sexual orientation, physical or mental disability, medical condition, pregnancy or parental leave, veteran status, gender identity, genetic information, or any other characteristic protected by applicable law. We will consider qualified applicants with criminal histories in a manner consistent with all legal requirements.

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