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Manager, Corporate Tax - Transfer Pricing

Norwalk, CT, US

About the Position:

Title:                    Manager, Tax - Transfer pricing

Department:       Corporate Tax

Reports to:         Senior Manager, Transfer Pricing  

Location:            Norwalk, CT (Flexible work policy currently in place)

 

 

Position Overview:

The Manager, Tax - Transfer pricing will support Terex work in the intercompany (“IC”) and transfer pricing cycle of budget, forecast, transfer pricing adjustments, documentation, controversy, and operational transfer pricing function, supporting IC transaction pricing processes worldwide for tangible goods, services, royalties, and IC finance transactions.

 

The successful candidate will monitor and report on compliance with IC pricing policies and financial targets set by the transfer pricing team and make recommendations relating to any variances. Will also monitor compliance with Base Erosion and Profit Shifting initiative (“BEPS’) Action 13 and recommend actions to be taken based on results and analysis of such information.  The Manager role is a high-profile position that must work closely with senior finance and operations executives globally.  Excellent oral, written, and presentation skills are required to be effective.  Previous work experience in the area of transfer pricing in an accounting/boutique firm or within a multinational entity is required. 

 

 

Responsibilities:

  • Support the development and implementation of policies, procedures, and practices regarding the pricing and documentation of all intercompany transactions.
  • Prepare transfer pricing documentation as required under the tax laws of the various jurisdictions in which Terex operates, be able to solve for situations where the application of different laws may lead to different conclusions.
  • Design search strategy and perform benchmarking for purposes of evaluating the arm’s length nature of transfer prices for certain intercompany transactions to support operations.
  • Ensure that agreements are in place when required for intercompany transactions.
  • Coordinate amendment of customs entries, VAT invoices, currency control, and other government declarations when transfer price adjustments are required.
  • Maintain transfer pricing intranet website, content, and communication.
  • Review transfer pricing documentation from different tax jurisdictions such that the documentation complies with relevant local transfer pricing requirements and support positions reliable enough to defend under tax audit.
  • Monitor legislative and regulatory developments relating to transfer pricing, including developments related to the OECD BEPS initiative and its adoption in countries where Terex operates. Be able to discern what documentation is needed and what to include for each country.
  • Calculate and recommend forecast and actual price adjustments, as needed.
  • Cultivate a network of peers and advisors to stay abreast of best practices in the area of operational transfer pricing.
  • Provide training and ongoing support to business units, corporate functions, and executives.
  • Take all other reasonable actions to minimize the magnitude and frequency of post-invoice transfer pricing adjustments.
  • In conjunction with the Senior Manager, Transfer Pricing, develop and maintain intercompany pricing strategies to facilitate business decision support.

 

Required Qualifications:

  • Bachelor’s degree in accounting, finance, economics, sciences education in business management, or other relevant field.
  • 5+ years of transfer pricing analysis in an accounting firm or multinational entity.

 

Preferred Qualifications:

  • Advanced knowledge of transfer pricing laws in the U.S.  (Other global economies such as Germany, UK, India and China a plus)
  • A detail-oriented organizational approach that meets deadlines.
  • The ability to work independently and to team successfully across functions and geographies.
  • Strong interpersonal communication and presentation skills.
  • Deep knowledge of major law changes in the transfer pricing environment such as BEPS.
  • Advanced knowledge of Microsoft Office, particularly Excel, Access (functions include power pivot, vlookup, hlookup, etc.).
  • Prior experience developing financial or statistical models.
  • Experience with one or more of the following applications: Microsoft SharePoint, BvD Transfer Pricing Catalyst, and Thomson Reuters ONESOURCE Transfer Pricing.
  • Tax audit experience in the U.S. and/or abroad.
  • A strong interest in technology and its use in financial analysis.
  • Manufacturing industry experience.
  • General experience using common ERP and consolidation systems: Oracle, SAP, Hyperion, etc.

 

Language:

  • The successful candidate must be fluent in English.
  • Bilingual language skills are a plus (German preferred).

 

 

 

Travel:

  • Must be willing and able to travel up to 15% both domestically and internationally, as business needs require.

 

Location: Remote work currently eligible, with monthly visits to the office  

Department: Finance 

Job ID: 25222 

 

Terex Overview:

Terex Corporation is a $3.1 billion publicly traded global manufacturer of lifting and material processing products and services. We are passionate about producing equipment that helps improve the lives of people around the world, and providing our team members with a rewarding career and the opportunity to make an impact. While our operations are global, each office or factory is a close-knit community. We value diversity, equity and inclusion, safety, integrity, respect, servant leadership, courage, citizenship, and continuous improvement. It’s an exciting time to be part of the expanding manufacturing sector – come join us!

 

Additional Information:

It is the policy of the company to attract and retain the best qualified employees. We are committed to providing employment opportunities to the most qualified internal or external candidate based on work-related factors and without regard to non work-related factors including race, color, religion, national origin, gender, sexual orientation, gender identity, age, disability, or veteran status as a special disabled veteran, Vietnam Era Veteran, or other qualifying veteran.

 

The Company offers competitive salaries, advancement opportunities, and a full range of benefits, including paid vacation, 401(k), medical, dental, and vision.

 

Terex Corporation is an Equal Opportunity Employer and Affirmative Action Employer M/F/D/V.


Nearest Major Market: Bridgeport
Nearest Secondary Market: Danbury