Transfer Pricing Manager, Mumbai

Siemens; Mumbai; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Siemens Ltd. in Mumbai (Worli) invites a Transfer Pricing Manager to join the Tax team. The role focuses on TP compliance, documentation, and assessments, requiring a qualified CA with 5–7 years of TP experience. You’ll interact with tax authorities and internal clients across divisions.

Knowledge of Income Tax Act, DTAA, FEMA and related case laws is essential. Proficiency in MS Office and SAP/ESPIRIT a plus. The position is based in Mumbai with travel to other locations as needed.

Qualifications

• Qualified CA with 5–7 years of transfer pricing experience.
• Strong knowledge of Income Tax Act, DTAA, FEMA and case laws.
• Proficient in MS Office; SAP/ESPIRIT familiarity is a plus.

Responsibilities

• Assist in TP compliance including Form 3CEB and TP documentation.
• Support TP policy reviews and liaise with tax authorities and internal teams.
• Prepare submissions, representations, and attend hearings as needed.
• Coordinate with external consultants and internal stakeholders across units.

Education

CA (Chartered Accountant)

Tools

MS Office

SAP

ESPIRIT

Job description

Transfer Pricing Manager – Siemens Ltd.

We’re looking for dedicated team player with the skills and vision to build a better tomorrow. Join our Tax team as a Tax Manager and ensure compliance with TP regulations. Also help us build the technology that will transform entire industries, cities and even countries.

Transfer Pricing Manager – Siemens Ltd.

We’re looking for dedicated team player with the skills and vision to build a better tomorrow. Join our Tax team as a Tax Manager and ensure compliance with TP regulations. Also help us build the technology that will transform entire industries, cities and even countries.

The position exists as a support function to the Tax department to fulfil statutory obligations applicable to the company.

Change the future with us!

• Assistance in preparation and filing of Return of Income, tax audit and transfer pricing (Form 3CEB) requirements as per statutory deadlines.
• Undertaking all TP compliances (including BEPS related Master file, CBC, etc.) and filing of tax and TP returns of foreign affiliates.
• Preparing TP documentation to support intra-group transactions in compliance with local regulations.
• Supporting audits, respond to the assessment notices, prepare appeals and submissions, attending hearings before the tax authorities.
• Advice on TP implications of new business initiatives. Advise on TP queries received from business, interpret various tax treaties, MLI, etc.
• Conducting regular review of TP policies in accordance with the latest tax regulations and developments. To ensure that all actions for preparation and filing of TP returns, assessment notices, etc. are handled in time so that exposure of TP adjustment and litigations can be minimized if not eliminated completely.
• Oversight on the company's transfer pricing matters and partnering with multiple stakeholders to provide support on transfer pricing related issues, including industry standards mandated by SEBI LODR.
• You will be involved in Tax Assessments: Review notices, prepare submissions and attend/ organize representation at assessment hearings, provide information as required during the course of assessment proceedings. This may involve coordination with various corporate functions, business steams, external consultants etc.
• Appeals: Draft appeals, attend/organize representation at proceedings conducted by DRP / Commissioner of Income-tax and Income Tax Appellate Tribunal as required. Briefing the counsel / lawyer, attending hearings before the ITAT, taking adjournments, etc.
• You will be responsible for post assessment activities like getting OGEs, stay of demand, follow up for obtaining refunds, obtaining rectification orders, etc. so that company gets the orders/ refunds as fast as possible.
• Knowledge Management: Keeping abreast of change of laws/ any tribunal/high court decisions so that relevant information is passed on within the team and to the business divisions, so that timely and accurate decisions are taken, and compliance of tax is ensured.
• Assist in various Automation / Digitalization projects.

You Will Be Working With

External: Tax authorities, Senior counsels and advocates, External Auditors, Consultants

Internal: Commercials / BA, Technical team, Marketing/ Sales group commercials, Works, CF, Accounts, Personnel, HR, Internal Audit and other Divisions Group companies both domestic and international.

We don’t need superheroes, just super minds

• You are a Qualified CA and you bring 5 to 7 years of experience in transfer pricing area with knowledge of Income Tax Act, DTAA, FEMA and recent case laws etc. Knowledge of Accounting and Finance and Indian GAAP, USGAAP/IFRS, Commercial concepts, Business understanding.
• Conversant with MS office is must. Knowledge of search database, ERP tool such as SAP, ESPIRIT will be an added advantage.
• You should have strong analytical skills and a high attention to detail.
• Excellent interpersonal and communication skills, with the ability to build relationships with different partners.

Make your mark in our exciting world at Siemens!

This role is based in Mumbai (Worli). You’ll also get to visit other locations in India and beyond, so you’ll need to go where this journey takes you. In return, you’ll get the chance to work with teams impacting entire cities, countries - and the craft of things to come.

We’re Siemens. A collection of over 379,000 minds building the future, one day at a time in over 200 countries. We're dedicated to equality, and we encourage applications that reflect the diversity of the communities we work in. All employment decisions at Siemens are based on qualifications, merit and business need. Bring your curiosity and creativity and help us shape tomorrow.