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 Group’s 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 Group’s transfer pricing function across over 40 territories, working closely with tax specialists and other professionals across the global organisation.

Why Rolls-Royce?

Rolls-Royce is one of the most enduring and iconic brands in the world and has been at the forefront of innovation for over a century. We design, build and service systems that provide critical power to customers where safety and reliability are paramount.

We are proud to be a force for progress, powering, protecting and connecting people everywhere.

We want to ensure that the excellence and ingenuity that has shaped our history continues into our future and we need people like you to come and join us on this journey.

We’ll provide an environment of caring and belonging where you can be yourself. An inclusive, innovative culture that invests in you, gives you access to an incredible breadth and depth of opportunities where you can grow your career and make a difference.

Work with us and we’ll welcome 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.

What we offer

We offer excellent development, a competitive salary, and exceptional benefits. These include bonus, employee support assistance and 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 location. It’s a locally managed and flexed informal discretionary arrangement. As a minimum we’re all expected to attend the workplace for collaboration and other specific reasons, on average three days per week.

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 Group’s 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

Who we’re looking 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 HMRC’s 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

We are an equal opportunities employer. We’re committed to developing a diverse workforce and an inclusive working environment. We believe that people from different backgrounds and cultures give us different perspectives which are crucial to innovation and problem solving. We believe the more diverse perspectives we have, the more successful we’ll be. By building a culture of caring and belonging, we give everyone who works here the opportunity to realise their full potential.

You can learn more about our global Inclusion strategy at Our people | Rolls-Royce

As part of our selection process, candidates in certain locations may be asked to complete an online assessment, which can include cognitive and behavioural aptitude testing relevant to the role. If required, full instructions for the next steps will be provided.

Job Category

Finance