Associate Director - Product Control/Transfer Pricing - BFSI

Financial Modelling of new Transfer pricing methodology as approved by Tax and Business.

1. Ensure completeness and accuracy of global transfer pricing calculations. The team member is responsible for calculating accurate and effective transfer pricing, based on verified inputs and in accordance with policies and methodologies laid down by Group Tax.

2. High level knowledge of Business (Products) and proficiency in accounting will aid in understanding the new requirements from the Product control team. Any implemented changes should accurately report (either internally or externally) any type of transaction that impacts the general ledger, profit and loss statements or on/off-balance sheet items and disclosures arising out of a transfer pricing methodology.

3. Chair monthly / quarterly calls with various stakeholders (comprising of Business (Front office), Financial controllers, Group Tax) to review transfer pricing methodologies and ensure operational calculations are in line with expectations. This will require the candidate to develop an understanding of how various services are provided and consumed by different businesses, requiring keen analytical skills and an ability to learn quickly.

4. Ensure monthly scope confirmations, taking place between the CoE and Business are reviewed and understood, ensuring downstream impacts to the configuration of the IT toolset are performed accurately and in line with agreed SLAs

5. Co-ordinate new 'New Business Demand' and present through various stakeholders such as business, financial controllers and Group Tax, ensuring they are accurately configured in the calculation engine.

6. Preparation of weekly / monthly dashboards to reflect the progress of change projects.

7. Execute appropriate controls and 4-eye reviews ensuring transfer pricing calculations are computed in line with transfer pricing methodologies and that the posting to financial ledgers is performed accurately and in line with monthly close timelines..

8. Report any operational risk items as per the Operational Risk Framework Policy as the risk of loss resulting from inadequate or failed internal processes, people and systems, or from external causes.

9. Acting as a Business Analyst to coordinate with IT for implementation and testing