Job Description
The Position
This role leads the global Transfer Pricing and U.S. Tax Controversy functions reporting to the Senior Vice President, Tax. This individual will be responsible for developing and managing global transfer pricing policies, pricing, documentation, and compliance in accordance with tax laws and regulations, working closely with Tax personnel and non-Tax business personnel on any broad policy or specific issues with transfer pricing implications.
This individual will also lead our U.S. federal, state, and local Tax Controversy function and will be responsible for developing strategy and handling of cases and coordinating communications with the IRS as well as state and local tax authorities.
Broad Transfer Pricing responsibilities include: directs transfer pricing of global products throughout the supply chain; takes a proactive role in monitoring and directing all inter-company transfer pricing to achieve year-end legal entity profitability targets; works closely with Tax Accounting to ensure mix of income forecast used in the effective tax rate model is in line with forecasts used by Transfer Pricing to establish product pricing and year-end true-up adjustments; continuous improvement of processes related to tangible product price establishment and execution; pricing of intangibles, services, and financial transactions; legal entity profitability monitoring and adjustment; and all documentation.
This individual must be a self-starter who works effectively in cross-functional teams to identify and resolve transfer pricing-related issues.
This is a highly visible role within Tax and throughout the company, requiring an individual who can:
Responsibilities
Oversee Transfer Pricing planning on a global basis and all Tax Controversy matters in the U.S.
Analyze current and future transfer pricing strategies to help mitigate risk, optimize efficiency and facilitate future business operations.
Develop and maintain global transfer pricing policies and US documentation.
Provide oversight/governance for transfer pricing documentation to meet US and non-US country-specific reporting requirements.
Communicate transfer pricing policies and support implementation across various business units and regions.
Monitor compliance with transfer pricing policies and advise on adjustments that may be required.
Ensure compliance with US and non-US transfer pricing rules as they may impact the broader tax considerations of the company.
Support Finance and Operations in transfer pricing policy implementation in systems and business processes.
Manage relationship with outside service providers.
Assist and interface with Tax Accounting on interim and annual tax provision and reporting matters.
Conduct financial and economic analyses and advise on intercompany transactions.
Oversee analysis and development of IP financial valuation models.
Research and provide advice on changes in tax law related to transfer pricing and the tax implications of proposed transactions.
Work with Controllers to establish and manage Cost Sharing/R&D strategies, IP management, and issues related to logistics and procurement activities.
Address service charges and management fees.
Educate appropriate personnel in Finance and Operations regarding Transfer Pricing requirements and risks.
Perform interviews of key employees and collaborate with HR to monitor employee locations, movements, and evolving roles and responsibilities.
Support direction of a team of transfer pricing professionals similarly responsible for Financial Supply Chain management and transfer pricing establishment and documentation.
Monitor legislative changes in tax laws related to transfer pricing that may impact the company's tax positions and/or compliance requirements.
Follow developments in US and OECD tax/transfer pricing regulations and identify issues or opportunities arising from those developments.
Lead the handling of tax audits, examinations, appeals, and potential litigation. This includes coordinating responses to inquiries from the IRS and other tax agencies, preparing documentation and negotiating settlements to minimize financial impact.
Work with internal Tax team and local Finance teams to help establish audit defense and support for non-US locations, as needed.
Required Education, Experience and Skills
Bachelor’s degree in economics, finance, accounting, business or a related major.
An MBA, JD/LLM, and/or Master’s degree in relevant field of study is a plus.
A minimum of ten plus years of combined public accounting and/or corporate transfer pricing experience.
Deep knowledge and experience conducting functional analysis and preparing transfer pricing documentation.
Involvement in the implementation and maintenance of tax-efficient supply chain structures.
Five plus years of experience with planning projects involving IP transfers and principal models.
Experience in managing transfer pricing controversy matters.
Experience working with IT, operations and finance in developing system solutions to enable transfer pricing requirements.
Strong knowledge of tax accounting principles and experience with multiple systems (e.g., Hyperion, SAP, Oracle, etc.).
Strong understanding of corporate income tax matters and industry issues.
Experience in identifying, analyzing and communicating complicated transfer pricing and tax issues in terms of the impact on business operations and results.
Experience in identifying global and domestic transfer pricing issues and opportunities.
Superior project management and leadership experience involving large multi-functional teams; ability to plan, monitor, and manage deadlines.
Five plus years of experience managing and developing staff, including training.
Strong written and verbal communications skills, particularly around the ability to translate complex technical analyses to CFO and other non-Tax employees.
Strong organizational and leadership skills to manage both Tax colleagues and cross-functional teams engaged in transfer pricing and tax controversy work.
Who We Are:
Organon delivers ingenious health solutions that enable people to live their best lives. We are a $6.5 billion global healthcare company focused on making a world of difference for women, their families and the communities they care for. We have an important portfolio and are growing it by investing in the unmet needs of Women’s Health, expanding access to leading biosimilars and touching lives with a diverse and trusted portfolio of health solutions. Our Vision is clear: A better and healthier every day for every woman.
US and PR Residents Only
For more information about personal rights under Equal Employment Opportunity, visit:
Organon is an Equal Opportunity Employer. We are committed to fostering a culture of inclusion, innovation, and belonging for all employees and job applicants. We ensure all employment practices are conducted without regard to race, color, religion, sex, sexual orientation, age, gender identity or gender expression, national origin, disability, veteran status, or any other characteristic protected by state or federal law.
Search Firm Representatives Please Read Carefully
Organon LLC., does not accept unsolicited assistance from search firms for employment opportunities. All CVs / resumes submitted by search firms to any employee at our company without a valid written search agreement in place for this position will be deemed the sole property of our company. No fee will be paid in the event a candidate is hired by our company as a result of an agency referral where no pre-existing agreement is in place. Where agency agreements are in place, introductions are position specific. Please, no phone calls or emails.
Applicable to United States Positions Only: Under various U.S. state laws, Organon is required to provide a reasonable estimate of the salary range for this job. Final salary determinations take a number of factors into account including, but not limited to, primary work location, relevant skills, education level, and/or prior work experience. The applicable salary range for this position in the U.S. is stated below. Benefits offered in the U.S. include a retirement savings plan, paid vacation and holiday time, paid caregiver/parental and medical leave, and health benefits including medical, prescription drug, dental, and vision coverage in accordance with the terms and conditions of the applicable plans.
Annualized Salary Range (US)
$204,100.00 - $347,300.00Please Note: Pay Ranges are Specific to local market and therefore vary from country to country
Employee Status:
RegularRelocation:
No relocationVISA Sponsorship:
Travel Requirements: Organon employees must be able to satisfy all applicable travel and credentialing requirements, including associated vaccination prerequisites.
Flexible Work Arrangements:
Shift:
Valid Driving License:
Hazardous Material(s):
Number of Openings:
1