This is a key role in the global tax department of LyondellBasell, based in Rotterdam, Netherlands. The role is part of the Tax Planning and Counsel team, responsible for global tax restructurings, M&A, and internal tax advisory. The ideal candidate is a qualified tax professional with experience in a similarly structured global organization. The role involves providing transfer pricing advice, leading related compliance activities, and working collaboratively with cross-functional teams globally.
This is Lyondellbasell
As a leader in the global chemical industry creating solutions for everyday sustainable living. Through advanced technology and focused investments, we are enabling a circular and low carbon economy. Across all we do, we aim to unlock value for our customers, investors and society. As one of the world’s largest producers of polymers and a leader in polyolefin technologies, we develop, manufacture and market high-quality and innovative products for applications ranging from sustainable transportation and food safety to clean water and quality healthcare.
This is the role
This position is an integral member of the global tax department that is made up of approximately 80+ tax professionals in 10 countries. More specifically, this position is part of the Tax Planning and Counsel team at LyondellBasell which is a collection of 20+ individuals located in different countries working diligently to comply with our Company’s tax policy requirements and to enhance shareholder value. This team is responsible for the global tax restructurings, M&A and internal tax advisory to businesses inclusive of transfer pricing matters. In order to achieve our goals, we work closely together with the business and other corporate functions such as Treasury, Legal, Accounting and HR.
This role reports into the Manager – Global Transfer Pricing located in Rotterdam. The role will be responsible for providing transfer pricing advice to business segments and functions while also leading related compliance activities and risk assessments within the European region, working collaboratively with cross-functional teams and colleagues within Tax globally.
The ideal candidate will be a qualified tax professional who has previously gained experience in and knowledge of a similarly structured global organization (e.g. Big 4 Accounting and/ or Industry). Working within a global transfer pricing team, the role is a part of a much larger global department and the candidate will be required to interact and liaise with colleagues around the world.
Responsibilities
Develop and maintain relationships with various business segment leaders in the region through:
Reviewing and coordinating transfer pricing guidelines to ensure consistent application of arm’s-length principles;
Frequent touchpoints with business representatives facilitating upfront interactions in structuring internal and external transactions with efficient and compliant transfer pricing designs;
Review intercompany transactions for the applicable countries/region of responsibility:
Independently review and test the transactions to determine whether adjustments are necessary to the transfer pricing guidelines and processes for accurate and timely implementation;
Understand and map relevant product and service flows and related key activities and decision-makers in support of transfer pricing principles, with a focus on the Company’s single-seller sales model transacting in Europe;
Monitor intercompany transactions and identify opportunities for enhancing the transfer price established;
Manage review of multi-jurisdictional branch profit calculations in line with agreed transfer pricing methods and formulas, ensuring proper cross-charges to legal entities, maintaining proper documentation in support of future potential audits in the impacted locations;
Pro-actively managing the vendor for the transfer pricing compliance documentation for the European region:
Ensure full compliance with local country documentation requirements including any specific penalty protection provisions;
Perform detailed analyses of transfer pricing methods employed and evaluate whether such methods are appropriate under local and OECD standards, assessing risks and potential mitigation strategies;
Review and maintain contemporaneous audit-ready transfer pricing documentation, communicating and collaborating with country tax managers to ensure local requirements are adequately addressed;
Assist in handling transfer pricing related tax audit requests led by local Country Tax Managers including advising on strategic responses with a regional and global view of Company transfer pricing policies;
Develop and maintain relationships with colleagues in Finance and Supply Chain organizations to stay informed of changes impacting internal transfer pricing processes and compliance requirements;
Monitor transfer pricing tax law changes in the European region, communicating potential impacts through clear and concise written memoranda;
Assist in maintaining SOX controls, including any revisions to processes and quarterly validations.
This is who you are
Typically 8+ years work experience within the Big Four or corporate multi-national environment with focus on transfer pricing related transactions, primarily in the European region;
Experience collaborating with colleagues in cross-functional teams;
Degree in Tax or equivalent level of education (Bachelor or Masters).
Critical Competencies & Behaviors
Strategic Agility
Tactical thinker using sound judgment to identify and execute immediate actions to meet critical deadlines; understands the longer-term strategic vision for the group.
Process Management
Identifies relevant data needs to meet technical reporting and analytical evaluation needs, working collaboratively through others to develop and implement efficient processes to meet regulatory and legal requirements for transfer pricing related disclosures; applies a continuous improvement mindset.
Business Acumen
Develops solid understanding of product and service flows of business segments within the European region, monitoring operating model and contractual changes potentially impacting transfer pricing methods and assumptions; communicates with peers and leaders to optimize positions and mitigate risks.
Problem Solving
Exercises sound judgement to resolve day to day operational and technical problems with minimal supervision; collaborates with peers to consider alternatives and challenge routines.
Stakeholder Engagement
Explains and conveys clearly and concisely facts, issues, rules/laws and recommendations and risks to appropriate stakeholders in a timely manner, escalating when required.
This is what you bring
Demonstrated expertise in transfer pricing knowledge and related processes;
Proficient English communication skills;
A detail oriented, hands-on and analytical tax professional with competent communication and writing skills;
Confident, self-starter with ability to work with minimal direction and supervision;
Strong project manager able to initiate, plan, execute, control, and close tasks, managing priorities to achieve specific goals and meet specific success criteria;
Proactively assumes ownership and accountability when completing various projects;
Competent in assisting in managing and resolving transfer pricing tax matters in the European region with a view to broader global strategic impacts;
A team-work oriented person with good interpersonal and communication skills.
This is what we offer
We offer an environment where we encourage personal and professional growth and where you will be rewarded for your performance and results. You will have the possibility to work with specialist on all fields to develop innovative solutions and to extend your national and international network. In addition, we offer you a competitive salary package. The Company's Global Remote Work Policy allows eligible employees the option to work up to three days a week from home. LyondellBasell is committed to advancing diversity, equity & inclusion (DEI) to ensure a positive experience for all employees.
