Principle Transfer Pricing (chartered accountant) -Bangalore

One Story; Bengaluru; On-site; INR 900,000 - 1,300,000; Full time

Job summary

One Story in Bengaluru is seeking a Transfer Pricing professional to lead TP assignments, draft submissions, and handle assessments and appeals under Indian TP laws.

You will perform database research (Prowess, Capitoline), prepare Form 3CEBs and TP documentation reports, and coordinate with clients and seniors to deliver compliant, defensible reports.

Qualifications

• Experience in Indian transfer pricing assignments and documentation.
• Ability to draft submissions and engage with tax authorities.
• Strong understanding of TP regulations and related compliance.

Responsibilities

• Thorough understanding of Transfer pricing concepts and TP law in India.
• Handle assessments and appeals and draft submissions to TP authorities.
• Perform database research (Prowess, Capitoline) and prepare service summaries.
• Prepare 3CEBs and TP documentation reports; manage tax audits u/s 44Ab.
• Compute margins; prepare multiple comparable sets with filters (RPT, turnover).
• Coordinate with clients to gather data; identify tax planning opportunities.
• Review notices/orders and draft responses; attend hearings and updates.

Skills

Transfer pricing knowledge

Taxation

Submissions drafting

Client communication

Tools

Prowess

Capitoline

Job description

• Thorough understanding of Transfer pricing as a concept and TP law in India. Should be in a position to identify areas for discussion with Seniors / clients.
• Handling assessments and appeals relating to Transfer Pricing officer / DRP and drafting of submissions
• Independently carrying out detailed search on the databases (Prowess, Capitoline, etc.).
• Maintain data controls of research papers and conduct hygiene checks on regular intervals. Prepare service summary.
• Preparing Accept/ Reject matrix by reviewing the business descriptions from the databases, websites, etc, and preparing the draft comparable.
• Preparation of Form 3CEBs and Transfer Pricing Documentation Reports. Independent handling of Tax Audit of MNCs u/s 44Ab of the Act.
• Calculation of margins of the comparable companies selected by the TPO during assessment. Preparing multiple comparable sets based on various quantitative filters such as RPT, turnover, employee costs, etc.
• Understanding client requirement from Client/Principals and gearing up to deliver by way of the following: Analyzing available information & prepare checklist to acquire necessary data/documents from client
• Undertaking comprehensive reviews of business operations to identify tax planning opportunities as well as compliance gaps. Administer all direct tax processes and compliance, including corporate tax, transfer pricing, financials related certifications, fringe benefit tax, withholding tax etc.
• Researching & scrutinizing all aspects of the assignment with the team to ideate and provide optimal solutions while involving Articles in data research for working on the base report of the assignment.
• Preparing submissions and replies to be filed with the tax office (both tax and transfer pricing)
• Supporting Principals & Partners by drafting memo's/ opinions and reports, getting them reviewed and presenting the final report with the client for closure. Building client relationships and confidence by demonstrating thorough understanding of the client's requirements and business.
• Demonstrating professionalism by working within legal and regulatory guidelines while remaining independent and objective at all times.
• Drafting Appeals for review by Partner/principal & attend hearing. Planning & Coordinating with clients for obtaining necessary documents. Attending hearings/ submission of appeal and proactively updating the client on a regular basis with regards to assignment development.
• Reviewing Notice/Orders and responding to them by way of the following: Analyzing available information & preparing checklist to acquire necessary data/documents from client. Researching & scrutinizing all aspects of the assignment with the team to ideate and provide optimal solutions.

• Thorough understanding of Transfer pricing as a concept and TP law in India. Should be in a position to identify areas for discussion with Seniors / clients.
• Handling assessments and appeals relating to Transfer Pricing officer / DRP and drafting of submissions
• Independently carrying out detailed search on the databases (Prowess, Capitoline, etc.).
• Maintain data controls of research papers and conduct hygiene checks on regular intervals. Prepare service summary.
• Preparing Accept/ Reject matrix by reviewing the business descriptions from the databases, websites, etc, and preparing the draft comparable.
• Preparation of Form 3CEBs and Transfer Pricing Documentation Reports. Independent handling of Tax Audit of MNCs u/s 44Ab of the Act.
• Calculation of margins of the comparable companies selected by the TPO during assessment. Preparing multiple comparable sets based on various quantitative filters such as RPT, turnover, employee costs, etc.
• Understanding client requirement from Client/Principals and gearing up to deliver by way of the following: Analyzing available information & prepare checklist to acquire necessary data/documents from client
• Undertaking comprehensive reviews of business operations to identify tax planning opportunities as well as compliance gaps. Administer all direct tax processes and compliance, including corporate tax, transfer pricing, financials related certifications, fringe benefit tax, withholding tax etc.
• Researching & scrutinizing all aspects of the assignment with the team to ideate and provide optimal solutions while involving Articles in data research for working on the base report of the assignment.
• Preparing submissions and replies to be filed with the tax office (both tax and transfer pricing)
• Supporting Principals & Partners by drafting memo's/ opinions and reports, getting them reviewed and presenting the final report with the client for closure. Building client relationships and confidence by demonstrating thorough understanding of the client's requirements and business.
• Demonstrating professionalism by working within legal and regulatory guidelines while remaining independent and objective at all times.
• Drafting Appeals for review by Partner/principal & attend hearing. Planning & Coordinating with clients for obtaining necessary documents. Attending hearings/ submission of appeal and proactively updating the client on a regular basis with regards to assignment development.
• Reviewing Notice/Orders and responding to them by way of the following: Analyzing available information & preparing checklist to acquire necessary data/documents from client. Researching & scrutinizing all aspects of the assignment with the team to ideate and provide optimal solutions.

Skills: taxation,report drafting,transfer pricing assignments,transfer pricing,transfer pricing advisory,tp,documentation,compliance,documentation and reporting,tax