Transfer Pricing Analyst

About the job

• Transfer Pricing (“TP”) refers to the price for cross-border transactions of goods and services between two or more entities of BNP Paribas. In other words, TP is the price for intra-group transactions between entities located in different tax jurisdictions
• Within BNP Paribas, Global Market (“GM”) activities are organized according to a “Global Trading” model, in which trading, sales, structuring and support functions occur in different sites where BNP Paribas entities are located; thus, leading to the calculation of a transfer price for the remuneration of each function involved in the generation of the GM revenues
• On top of this standard TP role, you will also embody a specific role of “super user” for the TP operational system: this role ensures a bridge between the functional and the technical aspects of the tool. You will be trained to be the SPOC to analyze and report all the issues or improvements required from the tool, and assist the IT Support team on the delivery

Your Main Activities Are

• Ensuring the permanent documentation pertaining to his/her perimeter is exhaustive and up to date; this includes the TP agreements and TP methodologies, with the close collaboration of the Tax Department
• Assisting the Tax Department in the implementation of new methodologies when deemed necessary
• Contributing to the GM Finance closing process by computing revenues and costs and producing TP notifications and invoices
• Producing all necessary audit trails to support his/her TP invoices, to be provided to the entities and in case of audit
• Providing all necessary explanations to the Global Markets jurisdictions under his/her perimeter of responsibilities
• Implementing and performing controls to secure the production process

Profile and Skills to Success

• At least 3 years of professional experience in management control, accounting or financial audit positions, and you are genuinely interested in gaining competences in financial market activities
• Advanced knowledge of MS Office Pack Excel and PowerPoint
• Fluent in English, verbal and written
• Rigorous
• Good analytical skills
• Curiosity
• Autonomy and proactivity
• Good presentation and communication
• Good organisation skills, with the ability to multitask and prioritize

About the Team

• Within the Group Finance and Strategy department, Global Markets Transfer Pricing (“GM TP”) is a central team responsible for redistributing revenues and costs to the 65 GM jurisdictions according to their contribution to the global trading business, hence ensuring the correct taxable profits in each location
• Concretely, the GM Transfer Pricing team produces: Monthly/quarterly notifications of revenues and costs to GM entities, to support the booking of accounting accruals; Annual TP invoices for settlement and yearly closing
• Reporting directly to the GM Chief Financial Officer (“CFO”), The TP team works in close collaboration with: GM Management Accounting, TP main data provider as they confirm the revenues and costs bases to be reallocated; GM Business Managers and Group Tax Department in charge of determining TP methodologies; Local Finances the main recipients of TP notifications and invoices

#LI-Hybrid

Why joining BNP Paribas? 

· Leading banking institution

BNP Paribas is the European Union’s leading bank, and key player in international banking. It operates in 63 countries and has nearly 183.000 employees, including more than 146.000 in Europe.

· Our presence in Portugal

In Portugal since 1985, BNP Paribas today has more than 8.700 employees, distributed across the Group’s 10 business entities established in the country. Its presence also extends to 11 excellence centres providing value-added services to various countries where the BNP Paribas Group also operates.

· International reach

Thanks to its international presence and regular and close collaboration among its different entities, BNP Paribas has the resources to support all clients with financing, investment, savings and protection solutions that help make their projects a success. BNP Paribas holds key positions in its three core operating divisions: 

• Retail Banking, a division that brings together all the Group’s retail activities and specialised business lines; 
• Investment & Protection Services that include specialised businesses offering a wide range of savings, investment and protection services; 
• Corporate & Institutional Banking division that offers tailored financial solutions for corporate and institutional clients.

· Diversity and Inclusion commitment

BNP Paribas is an equal opportunity employer and proud to provide equal employment opportunity to all job seekers. We are actively committed to ensuring that no individual is discriminated against on the grounds of age, disability, gender reassignment, marriage or civil partnership status, pregnancy and maternity/paternity, race, religion or belief, sex or sexual orientation. Equity and diversity are at the core of our recruitment policy because we believe that they foster creativity and efficiency, which in turn increase performance and productivity. We strive to reflect the society we live in, while keeping with the image of our clients.

· Commitment towards work/life balance

At BNP Paribas we care about our employees’ wellbeing and promote a culture of good integration between work and rest. We believe our employees have rich personal lives outside of work, being fundamental to be disconnected from work to recharge both physically and mentally. Only through this balance we may all be at our best while working.

· Remote Working Conditions

At BNP Paribas, we embrace a Smart Working framework based on trust, autonomy and collaboration. Within this framework, eligible employees can benefit from flexible remote working modalities adapted to our hybrid working environment. To guarantee a comfortable and efficient working set-up, eligible employees are provided with both the office and home equipment, are entitled to an equipment allowance and can benefit from exclusive partnerships to purchase additional equipment at reduced prices. 

To find out more on why you should join BNP Paribas visit https://bnpp.lk/why-BNP-Paribas-Portugal

* Please note that only applications submitted in English will be considered. 

* In case you are selected for this role, further documentation will be requested to support your hiring process.