Senior Executive - Operational Transfer Pricing

Job Title: Senior Executive - Operational Transfer Pricing

Location: Bangalore

About Unilever

Be part of the world’s most successful, purpose-led business. Work with brands that are well-loved around the world, that improve the lives of our consumers and the communities around us. We promote innovation, big and small, to make our business win and grow; and we believe in business as a force for good. Unleash your curiosity, challenge ideas, and disrupt processes; use your energy to make this happen. Our brilliant business leaders and colleagues provide mentorship and inspiration, so you can be at your best. Every day, nine out of ten Indian households use our products to feel good, look good and get more out of life – giving us a unique opportunity to build a brighter future.

Every individual here can bring their purpose to life through their work. Join us and you’ll be surrounded by inspiring leaders and supportive peers. Among them, you’ll channel your purpose, bring fresh ideas to the table, and simply be you. As you work to make a real impact on the business and the world, we’ll work to help you become a better you.

About Bangalore Hub

Unilever Bangalore Hub is the global technology and operations engine of Unilever offering business services, technology, and enterprise solutions. It serves over 190 locations and through a network of specialized service lines and partners delivers insights and innovations, user experiences and end-to-end seamless delivery making Unilever Purpose Led and Future Fit.

Background

UniOps Tax Data Centre of Excellence in Unilever is responsible for collection and analysis of Transfer Pricing and Finance Data and performing reviews related to Transfer Pricing. The Team is also responsible for monitoring adherence to the Transfer Pricing Policy and co-development/maintenance of Transfer Pricing related Technology infrastructure along with IT team and maintaining Global Process Model (GPM) and exceptions resolution for Transfer Pricing related issues.

Main Purpose Of Job

The Global Tax function has launched the Operational Transfer Pricing (OTP) Transformation Project under the Digital Finance initiative. As part of the Operational Transfer Pricing project, review of Transfer Pricing Transactions and preparing Reports will be performed under a new Target Operating Model (TOM). The new TOM will involve Transfer Pricing reviews to be performed across Group TP, Tax Business Partners, Country SC & Finance Teams, Tax Operations and 3P Outsource Team.

The purpose of the Team is to perform reviews and analyse the output for a robust Transfer Pricing reporting process.

UniOps team’s vision is to build an externally benchmarked, world class Tax Data COE which delivers End to End high-quality, accurate financial information for effective decision making and meeting regulatory requirements.

Guiding Principles

• Additional reviews for an improved Transfer Pricing Reporting
• Global, standardized, simplified and efficient process model
• Flexible, agile and Future Fit sustainable operations
• Ownership mindset with passion for high performance
  
  

• Invoice Monitoring, P&L Segmentation and other Transfer Pricing related processes.
• End to end Management of Transfer Pricing Data with focus on hygiene of master data and transactional data
• Analysis of data and spot inconsistencies with the Transfer Pricing policy.
• Strong understanding of underlying transactions related to Transfer Pricing
• Ensure related controls and compliance are met as per the Unilever control framework
• Closely work with Unilever Group TP Teams, Tax Business Partners & Outsourced Service Providers regarding latest changes/amendments in Transfer Pricing laws across the globe.
• Provide documentation / data support on the audit queries raised with analysis performed
• Archiving of documents of all the Transfer Pricing related activities from Data extraction till Report finalisation in company dedicated folders.
• Provide clarification on the TP data to relevant stakeholders.
• Support in country TP audits by providing adequate documentation / data support/analysis of data
• Ensure that all agreed KPIs are met
• Drive continuous improvement, provide recommendations for a best-in-class process
• Deploy tools and technology to drive process efficiencies & automation.
  
  

• Strong Knowledge of accounting
• Overview of Transfer Pricing
• End user knowledge of SAP (FI module).
• Awareness about Power BI, Tableau and Workflow management tools would be an added advantage.
• Proficient at collecting / querying / consolidating information from accounting / ERP systems.
  
  

• Good in verbal and written communications.
• Should have a positive attitude and should be able to proactively get things done.
• Strong problem solving, and analytical skills
• Good interpersonal Skills - Must have the ability to effectively communicate with personnel at all levels inside and outside of the company.
• Must be a self-starter with proven ability to take ownership of job responsibilities.
  
  

• Qualified Accountant (CA/CMA) with 1-2 years of experience
• Semi qualified CA with 4-6 years of experience
• Work experience in Accounting (R2R), Finance, prior experience in Transfer Pricing will be an additional advantage.
  
  

• Group Transfer Pricing
• Country Tax Business Partners
• Country Finance and Supply Chain Team
• Outsourced Service Provide
• Central R2R/P2P/O2C Teams
• IT Team