XA26FT9071

Deloitte • United States • 3h ago

Deloitte Tax LLP seeks a Tax Manager in Chicago, Illinois.

Work You’ll Do
Help client management understand, plan for, and deal with the complex and dynamic issues surrounding transfer pricing. Work with Ph.D. economists, attorneys, and tax specialists to analyze and resolve international tax and finance issues faced by multinational corporations. Plan and provide guidance for multiple tax engagements, as well as offer expertise to provide multinational clients with professional economic analytical services. Oversee research of complex tax issues and ensure their resolution by subordinate professionals, including Tax Seniors. Oversee the preparation and review of complex economic models and transfer pricing reports. Formulate tax planning strategies utilizing methods prescribed under U.S. IRC Section 482 regulations, OECD guidelines, and other relevant economic analyses. Determine the potential impact of such developments on client business. Devise and execute database searches for companies / agreements / financial transactions including loans and guarantees in US and foreign markets, incorporating financial information into a proprietary financial model and conducting economic, financial and accounting analyses. Additional searches include assistance on valuation and discount rate benchmarking. Responsible for incorporating financial information into a standard financial model and conducting economic, financial and accounting analyses. Spearhead assignments by Consultants and Seniors in the group and hold responsibility for the development and motivation of engagement staff by providing them with leadership, counseling and career guidance. Develop client service relationships and facilitate specialized Deloitte Tax services to develop transfer pricing strategies, audit defense, and documentation to cover the spectrum of transfer pricing issues. Provide supply chain efficiency planning including the analysis of transfer pricing policies to work toward compliance. Will commute within the Chicago, Illinois area to consult with clients concerning the above job duties.

Requirements

Master’s degree in Accounting, Finance, Economics, Strategic Management or related field (willing to accept foreign education equivalent)
Three years of experience as a Tax Manager or a related occupation gaining experience preparing U.S. and foreign transfer pricing reports documenting intercompany transactions for various multinational companies.
Position requires three years of experience in the following:

reviewing technical aspects of the regulatory framework of transfer pricing documentation and consulting work, including analyzing and applying U.S. or OECD transfer pricing guidelines, including provisions governing intangibles and cost-sharing;
providing clients and various stakeholders the critical knowledge to deal effectively with intercompany pricing issues faced by multinational enterprises (MNEs) in various industries;
utilizing economic and financial modeling methods, including discounted cash flow, realistic alternatives, income, residual profits, services costs, and other relevant methods as described in the U.S. transfer pricing regulations or their OECD counterparts, to perform valuation of intangible/tangible assets in the context of transfer pricing;
drafting transfer pricing documentation, planning reports, and supporting documents for global tax compliance in accordance with OECD guidelines;
analyzing and applying new regulatory principles and guidelines under OECD's Base Erosion and Profit Shifting (BEPS) initiative, preparing country-by-country reports, functional modules, Masterfile to document client's global business structure, and Local Files that meet local transfer pricing requirements;
analyzing global MNE value chains and aligning transfer pricing results with value creation by MNE affiliates, and analyzing opportunities to streamline clients’ operational transfer pricing practices and implement technical solutions improving clients’ review and management of transfer pricing outcomes;
performing method analyses and applying economic modeling methods to evaluate the arm’s length nature of transfer prices in controlled transactions, including specified profit and transactional methods (CUP/CUT, resale price, cost plus, profit split, and comparable profits/transactional net margin) and unspecified methods (income/discounted cash flow);
performing strategic transfer pricing planning, service cost allocations, and audit defense;
utilizing tax research tools and transfer pricing databases, including Bureau van Dijk, Compustat and RoyaltyStat, and statistical software, including MS Excel programs designed to conduct transfer pricing analysis; and
assisting with coordinating client engagements, including driving scheduling and client correspondence, delegating project tasks, and performing quality control.