AstraZeneca is a global, science-led, patient-focused biopharmaceutical company that focuses on the discovery, development and commercialisation of prescription medicines for some of the world’s most serious disease. But we’re more than one of the world’s leading pharmaceutical companies.

Lead the way as we embrace and embody AstraZeneca’s entrepreneurial spirit. It gives us permission to think differently, take balanced risks and spot opportunities.

Operating accurate and appropriate transfer pricing processes is critical to meeting our tax obligations in the countries in which we operate. AZ has a globally standardized approach to managing transfer pricing processes, leveraging automation. The AZ Group compromises ~100 legal entities for Transfer Pricing purposes, a true global role for a finance professional looking to challenge themselves in the fast moving world of Operational Transfer Pricing (OTP).

The role will report to the OTP Senior Manager and support them in translating transfer pricing policy requirements into OTP processes and coordinating execution in the automated OTP financial system. You will work with the OTP Senior Manager and Group Tax market managers to ensure that transfer pricing calculations comply with the AZ Transfer Pricing policy in consideration of local requirements , before review and approval by senior stakeholders in tax and finance.

You will need to gain knowledge of AZ’s Transfer Pricing policy and apply this to our accounting and financial data to ensure that AZ complies with relevant Transfer Pricing principles across all aspects of Transfer Pricing globally.

In this role you will

  • Support operation of complex transfer pricing process, including review of marketing company transfer pricing calculation outputs executed by the Group Financial Services (GFS) to ensure they meet the needs of both AZ Group Policy and local tax authorities.

  • Partnering with Finance business partners understand the components of income and costs to ensure appropriate transfer pricing processes and to be able to comment and explain material variances.

  • Partner with the wider tax team and organization to ensure calculations remain fit for purpose.

  • Work with GFS and the Tax System Accountant to implement process and automation system updates and improvements

  • Prepare clear reporting for OTP’s diverse stakeholders, including Group Treasury and Tax Reporting

You are expected to perform the following at an expert level:

  • OTP Process and System execution – Ensure accurate delivery of transfer pricing processes. Understand and be adept at using the OTP technology system to coordinate execution of transfer pricing calculations

  • Coaching and collaboration – Coach and support GFS organization and tax system accountant to coordinate execution of transfer pricing processes.

  • Determination of Segmented P&L – Understand both transfer pricing principles and the structure of the AZ P&L to deliver the OTP processes, including the design of the segmentation rules.

  • Stakeholder Analysis & Change – Support the OTP Senior Manager in stakeholder relationships in business partnering, projects and initiatives, PWC and tax authority audit and other queries.

  • Requirements Analysis and Design Definition – Support the OTP Senior Manager in defining new requirements and ways of working as a result of business change or continuous improvement

Essential skills and experience

  • A Financial accounting or tax qualification (ACA, ACCA, ACMA, CTA equivalent)

  • Proven experience of a similar tax or finance role requiring analysis of P&L, including cost allocation, or operational transfer pricing

  • Proven experience of working with and reviewing outputs of complex financial systems and processes within a strong control environment

  • Strong engagement, communication and stakeholder management skills, including excellent presentation and influencing skills

  • Experience of virtual collaboration to lead, shape and deliver

Opening date: 4.1.2022

Closing date: 18.1.2022

Competitive salary and benefits apply

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