What are the responsibilities and job description for the International Tax & Transfer Price Manager position at Vistex?
Vistex Tax and Transfer Price Manager will be responsible for managing the company's international tax compliance, along with developing and implementing transfer pricing policies within a multinational corporation.
This role requires a deep understanding of U.S. international tax laws, including GILTI and FDII provisions. Furthermore, the individual will be the primary contact ensuring compliance with tax regulations by analyzing and managing the pricing of transactions between related entities across different countries, including the evaluation of goods, services, and intangible assets. They will also provide strategic advice to business units on intercompany pricing to optimize tax liabilities and minimize audit risks. This requires deep understanding of economic principles, financial analysis, and international tax laws to effectively manage complex cross-border transactions and defend transfer pricing strategies during tax audits.
Responsibilities
- Tax Compliance: Oversee all aspects of U.S. international income tax compliance, including the preparation and review of Forms 5471, 8865, and 8858. Ensure accurate and timely reporting of GILTI and FDII.
- Tax Planning: Develop and implement tax planning strategies to optimize the company's global tax position, focusing on minimizing GILTI and maximizing FDII benefits.
- Policy Development and Implementation: Design and implement comprehensive transfer pricing policies aligned with business objectives and international tax regulations, considering factors like functional analysis, and profit split methods.
- Research and Economic Analysis: Conduct in-depth economic analysis using various methodologies to support transfer pricing decisions, including market research, benchmarking studies, and valuation of intangible assets. Conduct research on complex international tax issues and provide technical guidance on GILTI, FDII, Subpart F, and foreign tax credits.
- Documentation and Reporting: Prepare detailed transfer pricing documentation to support the chosen pricing methodologies and defend against potential tax audits, including intercompany transaction details, functional analysis, and economic justifications.
- Audit Defense: Represent the company in transfer pricing audits by collaborating with tax authorities, providing necessary documentation, and addressing any concerns raised regarding intercompany pricing.
- Stakeholder Management: Collaborate with cross-functional teams across the business, including finance, legal, operations, and tax departments, to ensure alignment on transfer pricing strategies, compliance, support international business initiatives, ensure tax-efficient structures and while following industry best practices.
- Risk Assessment and Monitoring: Continuously monitor changes in tax laws and regulations, identify potential transfer pricing risks, and implement necessary adjustments to mitigate risks.
The compensation for this position is $134k to $165k annually. Base pay will vary depending on factors, including but not limited to, a candidate’s location, job-related knowledge, skills and work experience. The compensation package may also include incentive compensation opportunities in the form of discretionary annual bonus. Vistex provides highly competitive benefits including comprehensive healthcare plan, 401(k) and paid time off, including paid volunteerism days!
About us: The Vistex platform helps businesses finally get control of all their different promotions, rebates, SPAs, discounts, and other incentives. With so many programs across so many partner relationships, it can be impossible to see where all the money is going, let alone how much difference it’s actually making to revenue. With Vistex, business leaders can see the numbers, see what really works, and see what to do next – so they can make sure every dollar they spend really is driving more growth, not just more costs. It’s why global enterprises ranging from Coca-Cola to Sony to Grainger rely on Vistex every day. Vistex | Now it all adds up.™
Salary : $134,000 - $165,000
