Financial Services Tax - Senior Advisor - Transfer Pricing - London | London, UK

EY; London; On-site; GBP 55,000 - 95,000; Full time

Job description

Financial Services Tax - Transfer Pricing Senior Advisor

Join EY Tax as a tax professional and you'll be helping international and multinational companies align their global tax position with their business strategy, to maintain competitive advantage and provide shareholder value.

EY's Financial Services (FS) Tax practice is the largest such practice in the UK with a fine reputation for sector expertise and close, trusted adviser relationships across a broad range of FS clients including globally systemic financial institutions and niche new market entrants and disruptors. EY's FS practice is run on an EMEIA basis providing market differentiated capability for seamless client service on the Europe-wide tax advisory projects which the market is demanding.

The Opportunity

We are looking to recruit a senior advisor into our transfer pricing team, who will have the opportunity to work with a globally integrated network of specialists with economics, tax authority, legal and commercial backgrounds. The work is technically challenging, creative and requires you to work closely with our clients' businesses. Clients are increasingly focused on the risk of double taxation and having appropriate inter-company arrangements in place.

Though transfer pricing practices typically have a combination of advisory and compliance work, the team is heavily focused on advisory with most projects involving planning, policy setting, or dialogue and interaction with tax authorities through APAs or audits. Documentation projects are also often led out of London and so involve putting in place the initial framework and analysis.

Your Key Responsibilities:

• Working with the team and our clients to further your understanding of the commercial workings of banks, asset managers and insurance businesses.
• Working with transfer pricing and tax teams in other countries, often performing analyses/evaluations impacting several locations.
• Reading and developing an understanding of transfer pricing technical literature, including the 2010 OECD Report on Attribution of Profits to Permanent Establishments and the OECD Transfer Pricing Guidelines. Understanding evolving legislation on aspects such as BEPS 2.0 on the digital economy and financial transactions will also be important.
• Developing a more detailed understanding of the basis of pricing inter-company transactions and pricing within different parts of the same enterprise under the authorised OECD approach.
• Further developing writing skills to produce structured and logical technical content for which a prior template/reference content is often limited or not available.
• Working with financial information and public data to analyse comparable pricing scenarios.
• Assisting with client specific business development content.

Skills and Attributes for Success:

• Client driven and strategically and commercially aware.
• Excellent communicator in a range of situations both written and oral.
• Enthusiastic and flexible attitude to work.
• Strong and motivated team player.
• Coaching and developing more junior staff.

To Qualify for the Role, You Must Have:

• Experience as a tax practitioner with reviewing skills.
• In possession of any of the following qualifications: ATT/ACA/CA/CTA (or breadth of knowledge equivalent to CTA, e.g., law qualification).
• An undergraduate/postgraduate degree or equivalent work experience.
• Experience of working in transfer pricing advisory projects or with financial services clients.