Transfer Pricing Economist

Job Details

We are looking for a Transfer Pricing Economist with senior leadership experience. You will play an integral role in strengthening HMRC’s efforts to close the tax gap. Leading and supporting on some of the most adventurous, technical and high-profile Transfer Pricing enquiry cases for some of the UK’s largest multinational groups.

Your workload will be varied, consisting of enquiry work, risk assessment, real-time working, agreement of some Advance Pricing Agreements (APAs), Mutual agreement procedures (MAP) and Advance thin capitalisation agreements (ATCAs) and will involve interacting with external customers and their representatives across a range of industries.

You will work as a team with a number of key colleagues across the organisation including Customer Compliance Managers, cross-tax regime technical specialists, policy, solicitors and accountants.

You will actively assist colleagues to develop their skills and knowledge.

You will enjoy a dynamic work load, working across different sectors and industries, both financial and non-financial and a significant degree of autonomy.

Your role requires a knowledge of the Organisation for Economic Co-operation and Development (OECD) Transfer Pricing Guidelines and familiarity with their application in the UK.

There will be opportunities to influence policy, implement the international strategy, develop innovative solutions and build the international community.

This is a technical leadership role with no line management responsibilities.

Travel may be required from time to time to fulfil this role, for example to attend customer meetings.

Key Responsibilities

• Applying commercial experience and knowledge to perform Intellectual Property and royalty valuations, financial transaction structuring, value chain analysis and to analyse value drivers and key economic risks in businesses
• Applying microeconomic and financial economic concepts and tools such as data analysis and modelling, bargaining power analysis, financial econometric analysis, etc
• Developing and leading innovative microeconomics-based solutions enabling tax compliance case teams and the wider international tax community to identify and resolve tax/transfer pricing and diverted profit risks in high-profile and significant cases
• Sharing knowledge and building capability in others by running workshops and training events across the country
• Developing and mentoring junior members of a team
• Working collaboratively with colleagues to drive forward HMRC’s arguments and settle enquiry cases appropriately
• Assisting in the development of the organisation’s strategy in terms of responding to international tax risks and ensuring the national delivery of this strategy
• Playing an active role as a senior leader in LB and across HMRC, driving innovation and positively influencing at all levels

Person specification

The successful applicant will need to demonstrate relevant experience and effective delivery of the following essential criteria and hold one of the qualifications listed in the Qualifications section below.

Essential Criteria

• Significant recent experience of applying microeconomics and financial economics to multinational businesses in relation to transfer pricing gained in HMRC, Industry, Practice or in academia.
• Excellent understanding of OECD Transfer Pricing Guidelines.
• Excellent communication skills - both written and verbal. Strong Stakeholder management and collaborations skills - ability to work across a range of stakeholders both internally and externally plus mentoring junior colleagues.

Qualifications

A first or upper second-class honours degree in economics (or international equivalent), or a postgraduate degree in economics. If it is a joint economics degree, at least 50% of the total course credits must be in economics.

The panel may consider significant relevant experience at a sufficiently similar level of seniority to the role being advertised in place of the above qualification requirement and this will be considered and judged on its own merits.

Further Location Information

Please ensure that you only apply for a location that you are willing and able to work from, as we will only make one offer of employment. Any additional notes included in a ‘Further Location Preferences (optional)’ field within the application form, will not be considered. Please be aware that you cannot change your location preference after submitting your application.

Office closures

For more information on where you might be working, review this information on our locations .

If your location preference is for one of the following sites, it’s important to note that these are not long-term sites for HMRC and we will require you to move to a new building in the future, subject to our location strategy and the applicable employee policies at that time.

These sites are:

• Benton Park View, Newcastle - moving to Pilgrims Quarter, Newcastle

You will be given more information about what this means at the job offer stage.

Moves Adjustment Payment will be available for this role, provided the successful applicant is a current HMRC colleague in Bradford and meets the eligibility requirements outlined in the HMRC’s Moves Adjustment Payment guidance.

Technical skills

We'll assess you against these technical skills during the selection process:

• presentation covering economic standards
• presentation covering transfer pricing.

Benefits

Alongside your salary of £71,725, HM Revenue and Customs contributes £20,778 towards you being a member of the Civil Service Defined Benefit Pension scheme. Find out what benefits a Civil Service Pension provides (opens in a new window).

HMRC operates both Flexible and Hybrid Working policies, allowing you to balance your work and personal commitments. We welcome applications from those who need to work a more flexible arrangement and will agree to requests where possible, considering our operational and customer service needs.

We offer a generous leave allowance, starting at 25 days and increasing by a day for every year of qualifying service up to a maximum of 30 days.

• Pension - We make contributions to our colleagues’ Alpha pension equal to at least 28.97% of their salary.
• Family friendly policies.
• Personal support.
• Coaching and development.

To find out more about HMRC benefits and find out what it’s really like to work for HMRC hear from our insiders or visit Thinking of joining the Civil Service

Company

At HMRC our values are professionalism, integrity, respect and innovation. We listen to our people and are committed to being fair. We are kind and human. We include people, regardless of difference. We work together. We have honest conversations.

Our values and commitments help us to build a workforce that we can be proud of which gives us confidence that we are giving the best service to our customers.

Company info

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