Senior Manager, Transfer Pricing

Flowserve Corp.•Irving, TX

37d

About The Position

If a culture of excellence, innovation and ownership is what you're searching for, consider putting your experience in motion at Flowserve. As an individual contributor, or as a leader of people, your enterprise mindset will ensure Flowserve's position as the global standard in comprehensive flow control solutions. Here, your opportunity for professional development and industry leading rewards will be supported by our foundational commitments to the values of people first, integrity and safety. Thinking beyond opportunity and reward, at Flowserve, we are inspired by working together to create extraordinary flow control solutions to make the world better for everyone! The Transfer Pricing Manager will lead the development, implementation, and oversight of global transfer pricing strategies across the company's manufacturing, engineering, and service entities. This role ensures compliance with OECD guidelines and local tax regulations, manages risk, and supports strategic tax planning initiatives. The manager will collaborate cross-functionally with finance, operations, legal, and external advisors to optimize intercompany pricing and maintain audit-ready documentation. Flowserve is a world-leading manufacturer and aftermarket service provider of comprehensive flow control systems. Join a company whose people are committed to building a more sustainable future to make the world better for everyone. With 16,000+ employees in 50+ countries, we combine our global reach with local presence. Our team challenges themselves to approach each situation with ingenuity and creativity to help provide our customers with the most innovative flow control products and services. We support 10,000+ customers worldwide, creating products to meet the needs of our customers who are supplying energy, fresh water, pharmaceuticals and other essentials to consumers, businesses and governments globally. We invite you to put your talents and career in motion at Flowserve.

Requirements

Bachelor's or Master's degree in Accounting, Finance, Economics, or Taxation.
Minimum 7-10 years of experience in transfer pricing, preferably in a global manufacturing environment.
Strong knowledge of OECD guidelines, BEPS initiatives, and local tax regulations
Excellent analytical, communication, and project management skills.

Nice To Haves

Manufacturing experience preferred
Experience with ERP systems (SAP, Oracle and Great Plains preferred)
Experience with Alteryx workflows and data modeling is a plus.

Responsibilities

Design and maintain global transfer pricing policies aligned with OECD standards and evolving international tax frameworks (e.g., BEPS 2.0, Pillar Two).
Lead the development of intercompany pricing models for tangible goods, services, royalties, and intellectual property.
Oversee the preparation of Master Files, Local Files, and Country-by-Country Reports.
Manage quarterly and annual transfer pricing calculations and true-ups across global entities.
Coordinate with cost accounting and FP&A teams to validate cost bases and ensure accurate markups and allocations.
Supervise ERP postings (e.g., SAP) for intercompany transactions and ensure financial control compliance.
Identify and mitigate transfer pricing risks related to IP transfers, intercompany flows, and policy misalignment.
Provide audit defense support and coordinate with external advisors on MAP, APA, and litigation strategies.
Monitor regulatory changes and assess their impact on the company's transfer pricing framework.
Collaborate with regional tax, finance, and treasury teams to ensure timely billing and documentation.
Educate business units on transfer pricing impacts and promote accuracy in cost structures and burden rates.
Build relationships across departments to support tax planning and operational alignment.
Serve as a key liaison with external advisors and tax authorities.