Head of Transfer Pricing

Job Description

Head of Transfer Pricing

Full-time UK-based

Working location: Flexible on Location. Requirement to be in Derby 2-3 days per week. Some international travel required.

An exciting opportunity has arisen within the Group Tax team with a specific focus on the Groups transfer pricing across over 40 territories.

The role reports to the EVP Group Tax & Customs and will be part of the Tax Leadership Team and is required to work and collaborate closely with tax specialists and other professionals across the global organisation.

A key aspect of the role is to drive value and minimise tax risk across the Group. This role will provide expertise to support informed decision making.

Summary of the role:

As Head of Transfer Pricing you will lead the Groups transfer pricing function across over 40 territories working closely with tax specialists and other professionals across the global organisation.

What you will be doing:

• Responsible for leading and developing the Group transfer pricing team ensuring that the team are providing the required support and business partnering

• As a tax leader role model the Rolls-Royce behaviours and leadership expectations and play a key role in the leadership across the tax team contributing to team development and functional strategy

• Responsible for the Groups transfer pricing strategy and policies and for ensuring the Group meets its global tax transfer pricing obligations in all relevant jurisdictions including documentation operational transfer pricing risk management processes and controls to meet Master Local File and CBCR and pCBCR requirements. This will involve working across the Rolls-Royce tax team with our businesses Corporate & Compliance tax teams international tax teams and finance teams as well as liaising with our external advisor network

• Managing transfer pricing tax disputes MAP and APA processes and audits including engagement with the regional tax teams and external advisers and engaging with local tax authorities as required

• Advising the businesses on managing the transfer pricing implications and risks associated with complex cross border transactions relating to existing evolving or new business and operating models. Working with our global advisor network to source relevant tax advice when required

• Monitoring international transfer pricing legislative developments and evolving tax authority guidance evaluating implications and application to the Group

• Liaising with and supporting tax teams around the world to resolve any transfer pricing issues

• Managing transfer pricing elements of group reporting and forecasting and supporting with Group tax disclosure policy

• Actively engaging in ongoing improvement initiatives with a view to improving processes increasing standardisation simplification and automation

• Overseeing the training of businesses and functions to ensure transfer pricing risks are understood and appropriately managed

• Managing ad hoc projects and advice in support of leadership

Why Rolls-Royce

Work with us andwellwelcome you into a culture of caring and belonging where you can be yourself. We will listen first embrace feedback and act with integrity. We will invest in your continuous learning and development and make sure you have access to a wide breadth and depth of opportunities to grow your career and make a difference.

We offer excellent development a competitive salary and exceptional benefits. These include bonus employee supportassistanceand employee discounts.

Your needs are as unique as you are. Hybrid working is a way in which our people can balance their time between the office home or another remote locally managed and flexed informal discretionary a minimumwereall expected to attend the workplace for collaboration and other specific reasons on average three days per week.

Whowerelooking for

At Rolls-Royce we put safety first do the right thing keep it simple and make a difference. These principles form the behaviours that guide us and are an essential component of our assessment process and are fundamental qualities that we seek for all roles.

This is a leadership role and as such we expect the successful individual to be able to exhibit many of our Leadership Expectations which are:

• One Enterprise Mindset One Team

• Adaptiveness & Resilience

• Holistic Thinking Simplification & Decisiveness

• Execution & Business Impact

• Operational Effectiveness

• Build Talent & Capabilities

In addition for this role we are looking for someone who has:

• Degree level qualification or equivalent

• Professional tax qualification or equivalent

• Significant experience post qualification

• Relevant experience working in transfer pricing in practice or industry at a senior level including tax efficient supply chain planning and an awareness of US s482 regulations

• Experience of cost sharing agreements

• Detailed understanding of latest BEPS requirements OECD TP guidelines OECD Report on Business Restructurings and HMRCs Guidelines for Compliance

• Experience of managing dispute resolutions with tax authorities in APA and MAP situations

• Strong business acumen and curiosity to understand business models

• Experience leading and developing tax professionals and managers

• A team player with an ability to liaise and influence across multiple jurisdictions businesses and functions

• Proven communication skills including a strong ability to explain complex tax issues to non-tax specialists

• Strong organisational skills and problem-solving abilities

• Achievement oriented and enthusiastic

Join us &help Rolls-Royce to become a high-performing competitive resilient business.

Please be aware that the priority will be given to employees identified as being athigh risk. The professional level and salary of the position will be dependent on the skills and experience of the successful candidate but isanticipatedto

This job is advertised at the grades shown and this is the desired operating level for this role. We encourage applications from candidates with relevant experience from any grade.

It is advised that you inform your current manager of your application for this role.

We are an equal opportunities to developing a diverse workforce and an inclusive working environment. We believe that people fromdifferent backgroundsand cultures give us different perspectives. And the more perspectives we have the more successfulwellbe. By building a culture of respect and appreciation we give everyone who works here the opportunity to realise their full potential.

Learn more about our global Inclusion Strategy

Grade:Management Level B

For further information please contact:Alison Connaughton

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