Head of Transfer Pricing
This job is brought to you by Jobs/Redefined, the UK's leading over-50s age inclusive jobs board.
Company Description
Legal & General is a leading UK financial services group and major global investor. We've been safeguarding people's financial futures since 1836, aiming to build a better society for the long term by investing our customers' money in things that make life better for everyone and create value for our shareholders.
Our Group Functions provide the services that all areas of the business need. This requires a talented and diverse team behind the scenes, who enable everyone at L&G to do what they do best.
Joining us means helping to improve the lives of our customers and contributing to the success of the business every day.
Job Description
We're recruiting for a Head of Transfer Pricing to join us. This is a newly created position responsible for leading the provision of Transfer Pricing services to the Group. Managing the Transfer Pricing & International Tax Analyst and working closely with finance and wider business teams, the role is responsible for delivering Transfer Pricing strategy, advisory, operational implementation, compliance, and defence in all countries where Legal & General has a presence.
What you'll be doing:
- Designing, developing and implementing an appropriate, commercial transfer pricing structure that meets the needs of the Legal & General Group, with reference to latest legislative developments in UK transfer pricing.
- Developing and implementing transfer pricing policies for the Legal & General Group including governance framework, key processes, objectives and priorities.
- Monitoring business changes, identifying and implementing associated updates in transfer pricing policies and procedures including identifying opportunities for process improvement and impacts on broader tax areas (VAT and mobility). Working with lead business partners within Group Tax to highlight and resolve issues arising from transfer pricing matters.
- Monitoring changes in transfer pricing rules globally, identifying and implementing associated updates in global compliance with OECD and transfer pricing rules of major countries.
- Leading the response to transfer pricing audits and inquiries by tax authorities.
- Leading the preparation and review of transfer pricing documentation for all jurisdictions in which the company operates. Initially, the focus of the role will be the delivery of a documentation solution for the UK businesses.
- Overseeing the relationship with external providers and internal stakeholders who contribute to transfer pricing objectives and their execution.
- Ensuring the proper preparation of Country-by-Country Reporting by internal stakeholders. Oversee the delivery of training and guidance to other departments on transfer pricing matters, with a focus on data, systems and processes required to implement transfer pricing policy.
- Developing and ensuring that appropriate risk management controls and procedures are in place. Identifying and evaluating key tax risks and ensure these are reported and managed.
Qualifications
Who we're looking for:
- Qualified Accountant, or with sufficient experience of financial accounting to maintain up-to-date professional knowledge.
- Strong technical knowledge of OECD transfer pricing rules and how these are applied in key markets.
- Sound working knowledge of Microsoft Office products including Excel, Word, Outlook and PowerPoint.
- Proven commercial experience across transfer pricing compliance and advisory (whether obtained in practice or in-house).
- Experience working with financial services businesses strongly desirable (whether obtained in practice or in-house).
- Experience of negotiation with tax authorities desirable (whether obtained in practice or in-house).
- Ability to communicate complex technical issues in a clear, simple manner to a wide audience and to solve complex problems at short notice.
- Strong interpersonal skills, with the ability to develop strong relationships with staff, peers and other contacts within the business.
- Ability to practice effective delegation: clear explanations, establish capabilities, use as an opportunity to develop, monitor progress and provide constructive feedback.
Whatever your role, we reward performance and behaviour with a package that looks after all the things that are important to you. Here are some of the benefits we offer:
- The opportunity to participate in our annual, performance-related bonus plan and valuable share schemes
- Generous pension contribution
- Life assurance
- Private medical insurance (permanent employees only)
- At least 25 days holiday, plus public holidays, 26 days after 2 years' service. There's also the option to buy and sell holiday
- Competitive family leave
- Participate in our electric car scheme, which offers employees the option to hire a brand-new electric car through tax efficient salary sacrifice
- There are the many discounts we offer - both for our own products and at a range of high street stores and online
- In 2023, some of our workspaces were redesigned. Our offices are great spaces to connect and collaborate and have your wellbeing at the heart
Additional Information
Legal & General is a leading financial services group and major global investor, named Britain's Most Admired Company in 2023, for the second year running. Rated top in our sector and top for inspirational leadership, we have a strong heritage and an exciting future.
We aim to build a better society for the long term by investing our customers' money in things that make life better for everyone.
If you join us, you'll be part of a welcoming culture, with opportunities to collaborate with people of diverse backgrounds, views and experiences. Guided by leaders with integrity who care about your future and wellbeing. Empowered through initiatives which support people to develop their careers and excel.
We strive to be open, mindful and inclusive, so are always willing to discussing flexible working arrangements and reasonable accommodations for candidates with specific needs.
If you're open to find out more, we'd love to hear from you.
Videos To Watch
https://youtu.be/8ZYGBwImH08
https://www.youtube.com/watch?v=ZBOaxOH1C2c
https://youtu.be/YwHNjdPbbkk