Deloitte Tax Senior (Transfer Pricing) in Chicago, Illinois
Deloitte is one of the leading professional services organizations in the United States, specializing in audit, tax, consulting and financial advisory services with clients in more than 20 industries. We provide powerful business solutions to some of the world s most well-known and respected companies, including more than 75 percent of the Fortune 100.At Deloitte, you can have a rewarding career on every level. In addition to challenging and meaningful work, you ll have the chance to give back to your community, make a positive impact on the environment, participate in a range of diversity and inclusion initiatives, and find the support, coaching, and training it takes to advance your career. Our commitment to individual choice lets you customize aspects of your career path, your educational opportunities and your benefits. And our culture of innovation means your ideas on how to improve our business and your clients will be heard.Deloitte Tax LLP seeks a Tax Senior (Transfer Pricing) in Chicago, IL. Work You ll DoWork with economists, attorneys, and tax specialists to analyze and resolve international tax and finance issues faced by multinational corporations. Provide assistance for multiple tax engagements, as well as offer expertise to provide multinational clients with professional economic analytical services. Provide analysis of client companies and industry trends in order to respond to client needs, and to provide clients with professional economic analytical services. Assist with determining the potential impact of such developments on client business. Devise and execute database searches for companies in the U.S. and foreign markets. Responsible for incorporating financial information into a standard financial model and conducting economic, financial and accounting analysis. Research complex tax issues and ensure their resolution with the support of subordinate professional accountants. Help client management understand, plan for, and deal with the complex and dynamic issues surrounding global transfer pricing. Assist with overseeing the preparation and review of transfer pricing reports. Formulate tax planning strategies utilizing accounting methods and periods, capital transactions, corporate taxation, and IRS practice and procedures. Communicate financial and factual data to clients and draft reports in support of findings. Advised multinational enterprises on national, state, local, and international tax structures and aligned them with business objectives. Review and analyze transfer pricing reports, utilizing sophisticated software to devise and perform vital industry research and financial analyses. Supervise the work of Tax Consultants including training on theoretical concepts and modeling related to financial and economic analyses. Prepare charts, reports and presentations. Devise and perform industry research and financial analysis for client companies. Draft proposals, reports, document requests and other correspondence related to business engagements. Develop client marketing efforts. #LI-DNI RequirementsBachelor's degree in Finance, Business Administration, or related field (willing to accept foreign education equivalent).Eighteen months of experience preparing U.S. and foreign transfer pricing reports documenting intercompany transactions for various multinational companies.Experience must include eighteen months of:Managing technical aspects of the regulatory framework of transfer pricing documentation and consulting work within any of the following industries: automotive manufacturing and distribution; industrial machinery and engine manufacturing and distribution; food and beverage manufacturing and distribution; medical device manufacturing and distribution; consumer durable goods manufacturing and distribution; financial services, insurance, and reinsurance service providers; ceramics manufacturing and distribution; beverage packaging; and legal services;Analyzing U.S. intangibles and cost-sharing regulations and their OECD counterparts;Managing remotely located personnel (within or outside of the United States) using online and telephonic communication tools and performing activities such as assigning tasks, performing quality control, managing projects, and conducting comparable control transaction analyses;Drafting transfer pricing reports for multi-lateral Advance Pricing Agreements, Business Model Optimization, and global tax compliance in accordance with IRC 482 and OECD guidelines;Utilizing tax research tools including BNA and LexisNexis, transfer pricing databases, including Compustat, Bureau van Dijk, Recap, RoyaltyStat, Osiris, S&P Capital IQ, Amadeus, and Thomson Reuter s ONESOURCE and statistical software, including MS Excel and STATA programs designed to conduct transfer pricing analysis;Utilizing the Bloomberg Terminal to perform interest rate swaps, foreign currency swaps, intercompany loan pricing, and calculation of de-levered discount rates to conduct intercompany transfer pricing analysis;Applying new regulatory principles and guidelines under OECD s Base Erosion and Profit Shifting (BEPS) initiative, preparing country-by-country reports, functional modules, Masterfile to document client s global business structure, and the functional and risk related information;Performing quarterly ASC 740 reviews on transfer pricing reserves, and preparing audit and reviewing workpapers and memos;Utilizing various economic modeling methods, including discounted cash flow, realistic alternatives method, income method, residual profits method, services costs method, and other relevant methods as described in the U.S. transfer pricing regulations under IRC 482 and their OECD counterparts, to perform valuation of intangible/tangible asset valuation as it relates to transfer pricing; andPerforming strategic transfer pricing planning, service cost allocation, audit defense, litigation support, and advance pricing agreement negotiations.BenefitsAt Deloitte, we know that great people make a great organization. We value our people and offer employees a broad range of benefits.Learn more about what working at Deloitte can mean for you. Deloitte s cultureOur positive and supportive culture encourages our people to do their best work every day. We celebrate individuals by recognizing their uniqueness and offering them the flexibility to make daily choices that can help them to be healthy, centered, confident, and aware. We offer well-being programs and are continuously looking for new ways to maintain a culture where our people excel and lead healthy, happy lives. Learn more about Life at Deloitte. Corporate citizenshipDeloitte is led by a purpose: to make an impact that matters. This purpose defines who we are and extends to relationships with our clients, our people and our communities. We believe that business has the power to inspire and transform. We focus on education, giving, skill-based volunteerism, and leadership to help drive positive social impact in our communities. 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