The purpose of this role is to support the identification and management of transfer pricing risks, issues and opportunities arising across the group and to design and implement an appropriate strategy with associated governance in line with the changing regulatory environment for transfer pricing.
Strategic Priorities:
- Support and manage the identification of transfer pricing risks and opportunities arising across the group and assist in the development of solutions and actions as required to manage to deliver/ protect value for the Group in line with the group’s Tax Operating Model.
- To support, develop/ maintain the group’s transfer pricing strategy & associated governance capable of application to cross border transactions across the group
- To provide support on groupwide projects and initiatives that relate to specifically identified transfer pricing risks and opportunities – including those arising from the ongoing evolving group value chain and undertake a review/refresh exercise where appropriate.
- Working with the Group Tax Policy team, to develop appropriate group approaches and response to evolving tax environment for transfer pricing, including those initiatives being developed by the OECD in respect of evolving business models, digitisation of the economy etc, and analysing the impact of change for Anglo American operations, businesses and activities.
Business Partnering:
- Provide proactive appropriate tax & transfer pricing advice to relevant parts of the Group, including relevant corporate functions and the wider Group Tax team to identifying risk and opportunities and developing and implementing advice and/ or solutions as appropriate.
- Identify the need for, create and share best practice technical standards, positions and documentation requirements to support the advice being provided by Group Tax teams.
Transfer pricing compliance and operational transfer pricing:
- To support transfer pricing compliance activity globally, setting standards and requirements to relevant process owners, compliance practitioners, technology leads and/ or co-source providers as necessary. Undertaking audit/ assurance programmes over said processes and compliance deliverables as required/ appropriate.
- Support the Tax Operational Excellence team, Business Partner teams and Beyond Finance programme through the future evolution of work activities and transformational outcomes as part of the finance transformation journey.
- Design, develop and deploy appropriate tools, processes and governance to support the management of transfer pricing risk, including through the group’s Tax Control Framework.
- Design, develop and deploy global training in respect of transfer pricing matters.
Transfer pricing controversy management:
- To provide technical and/ or other support as required to support the resolution of transfer pricing disputes within the group, engaging with Operational Excellence, Business Partnering and Business Unit colleagues as appropriate.
Accountability:
- Support implementation of identified strategic priorities and initiatives, including considering the communication required at different levels of the organisation.
- Support workstreams of the project as required.
- Engage with and manage external professional service providers on tax matters where required.
- Develop strong working relationships with key personnel across the Group Tax team and Anglo American’s operations.
Work Processes:
- Identify risks and issues in the implementation or execution of plans that are negatively impacting on the implementation of the project plan and initiate action to address these issues. For risks and issues within your authority, make the required changes. For others, escalate these issues / risks to seek action and / or look for alternative solutions.
Health, Safety & Environment:
- Demonstrate behaviour in line with health, safety and environmental standards and with the Group’s values
- Set the health, safety and environmental expectations for your team and monitor behaviour so that it meets the required standards
- Participate in relevant safety audits, inspections and observations, and address issues as part of demonstrating safety leadership
People / Leadership:
- Demonstrate behaviour in line with the Group’s values, standards and a professional workplace.
- Provide leadership to, and develop the performance of, your peer group and wider team in line with the Group’s policies and systems in order to achieve business goals. As part of this:
- Foster a constructive and productive working environment;
- Drive delivery of objectives including holding partners, advisors and colleagues to account for their work.
- Participate as an effective team member in working collaboratively with your leader, peers and relevant others (including from other teams) to achieve business goals
- Contribute to the broader business by working with others in such a way that it optimises the overall business results
Financial:
- Identify any opportunities for improved cost management and either address these, or raise them with your manager as appropriate
Work Processes:
- Identify gaps in policy & system design, implementation or execution that are negatively impacting on your team or their performance and initiate action to address these issues, considering the impact on suppliers and customers. For policies & systems within your authority, make the required changes. For others, escalate these issues to seek action and / or look for alternative solution
Qualifications:
- University degree preferred
- ACA or other professional qualification
Technical Knowledge:
- Minimum 5 years transfer pricing experience, ideally from a Big Six background
- Good working knowledge of international tax principles and transfer pricing, including understanding of the impact of the changing transfer pricing and tax landscape globally
- Ability to undertake presentations to Senior Management
- Commercial orientation and mindset
- Experience of working in-house, and mining industry a plus
- Ability to structure and articulate analysis based on data and factoring all relevant KPIs
Ability to:
- Work effectively as part of a multi-disciplinary team.
- Able to perform under pressure and changing circumstances.
- Ability to work independently and lead own projects.
- Strong interpersonal skills to establish effective working relationships at all levels of the organisation
- Ability to effectively communicate and articulate complex tax analysis to the Business and to present viable solutions to issues and risk.
- Good communication skills – both written and verbal.
- Attention to detail