Director, Transfer Pricing Operations

Baxter International • Deerfield, IL

402d • $184,000 - $253,000

About The Position

The Director of Transfer Pricing Operations at Baxter will oversee all operational and technical transfer pricing matters within the newly formed company, Vantive. This role is crucial for ensuring compliance with tax regulations and will involve significant interaction with various business leaders and external consultants. The position requires a strong understanding of transfer pricing strategies and the ability to communicate complex tax issues to non-tax personnel.

Requirements

• 10-15 years of overall experience with a heavy emphasis on transfer pricing and TP operations.
• Manufacturing, medical device, or pharmaceutical industry experience strongly preferred.
• Strong technical understanding of IRC Section 482 and the OECD BEPS final reports.
• Ability to recognize potential financial statement implications of transactions.
• Proven track record of collaboration with various groups within a corporate structure, including Treasury, Finance, Operations, and Legal.
• Strong problem-solving, creative thinking, and superior business communication skills.
• Exceptional ability to communicate tax issues to non-tax personnel and build consensus; skilled at communicating with upper management.
• JD and/or MST is a plus; accounting undergraduate degree and CPA certification highly desired.

Nice To Haves

• Experience in the healthcare or pharmaceutical sectors.
• Advanced knowledge of international tax regulations.

Responsibilities

• Serve as the primary corporate tax resource on all technical and operational transfer pricing matters.
• Oversee all aspects of the transfer pricing annual process, including pricing requests, true-up adjustments, legal entity forecasts, and intercompany cross-charges.
• Draft intercompany agreements in collaboration with Corporate Tax, Legal, and business teams to ensure compliance with IRC Section 482 and OECD/BEPS standards.
• Advise on supply-chain setup, modifications, and issues related to new business development, including ERP setup and upgrades.
• Oversee post-acquisition integration of new products/markets acquired through M&A transactions.
• Manage global transfer pricing compliance by external consultants, ensuring timely submission of all global reports, including country-by-country reports.
• Identify, evaluate, and monitor the Base Erosion & Anti-abuse Tax (BEAT) consequences of intercompany service charges into the US.
• Develop a strong technical understanding of Vantive's IP ownership structure and cost-sharing arrangements with affiliates.
• Analyze Vantive's principal entity to ensure it meets substance requirements from a BEPS perspective.
• Provide input on IRS audit matters related to transfer pricing strategies.
• Analyze US, foreign, and OECD legislation/initiatives to assess their impact on the Company's global transfer pricing position.
• Engage closely with non-tax personnel, including Treasury, Finance, Operations, and Legal.
• Develop the leadership and technical skills of team members.

Benefits

• Market-competitive pay and benefits
• Discretionary bonuses
• Long-term incentives
• Equitable pay practices
• Transparent pay philosophy

What This Job Offers

• Job Type: Full-time
• Career Level: Director
• Industry: Miscellaneous Manufacturing
• Education Level: Bachelor's degree