Operational Transfer Pricing Manager

We are seeking a detail-oriented finance professional to join the Group Tax team as our Operational Transfer Pricing Manager. This is a hands-on role focused on accurately applying the Group's transfer pricing policies to IFS's financial data — including owning the TP calculation templates and ensuring the methodology is applied accurately and consistently. While the Transfer Pricing Director retains end-to-end ownership and reviews outputs at a director level, the OTP Manager is expected to be the person who truly understands the underlying accounting — the person the TP Director relies on to ensure the numbers are right before they are reviewed, and to flag proactively where business or accounting changes may affect the calculations.

A critical part of the role is therefore developing and maintaining deep knowledge of how IFS's finance function operates: specifically, how the Record-to-Report team book transactions across ledgers, and how FP&A structure and use cost centres across the business. These are the primary data inputs for IFS's transfer pricing calculations, and the person in this role will be the bridge between the TP team and the wider finance organisation. The role sits at the intersection of finance operations, ERP systems, and tax, and involves close collaboration with local finance teams, FP&A, the Transfer Pricing team, and IT.

Key responsibilities include:

• Perform periodic (monthly, quarterly, year-end, post year end true up) transfer pricing calculations and intercompany charges, ensuring that charging mechanisms reflect Group policies, and reconciling data;
• Maintain a thorough understanding of IFS’s cost centre and legal entity structures, and monitor business changes that could affect the reliability of underlying financial data for TP purposes;
• Proactively identify dependencies, or changes required to finance processes that could improve transfer pricing processes;
• Coordinate with the billing team to ensure intercompany invoices accurately reflect the approved calculations;
• Support month-end and year-end close, including intercompany reconciliations and ensuring integrity of intercompany data within the chart of accounts and cost centre structures;
• Own the TP calculation templates and methodology application, ensuring calculations correctly reflect Group policies; identify and resolve anomalies and data quality issues, working with Finance and escalating to the Transfer Pricing Director where policy interpretation is required;
• Contribute to process improvement, automation, and data quality initiatives within the TP operations function.
• Support the Transfer Pricing Director on policy implementation, system improvements, data for TP documentation and other TP initiatives as the function develops.

Required Competence:

• Strong analytical and problem-solving skills.
• Ability to operate under pressure in a fast paced, transformational environment.
• Willingness to step in and work in detail to achieve objectives.
• Ability to step back to see the bigger picture.
• Ability to work autonomously with multiple stakeholders to achieve overall objectives.
• Continuous improvement mindset, with a forward-looking attitude towards automation and AI.

Required Education & Experience:

Essential:

• Professional certification (ACA, ACCA, CIMA or equivalent), with at least 3 years’ PQE.
• Strong understanding of:
  • Financial reporting
  • Financial accounting and close processes;
  • Chart of accounts and cost centre structures;
• Foundational knowledge of transfer pricing principles and OECD framework
• Hands-on experience of ERP systems
• Advanced Excel skills; experience with Power BI or similar tools is an advantage.
• Willingness to engage with and learn AI and automation tools; prior experience is an advantage but not required.

Desirable:

• Experience with process automation, data analytics and/or data-driven transformation.
• Experience of transfer pricing, or intercompany accounting flows and reconciliations.
• Experience of transfer pricing software tools.

Advantageous:

• Practical experience of Transfer Pricing in an in-house role.
• Experience of IFS Cloud/Apps

We embrace flexibility and hybrid work opportunities to support diverse needs and lifestyles, while also valuing inclusive workplace experiences. By fostering a sense of community, we drive innovation, strengthen connections, and nurture belonging. Our commitment ensures you can work in a way that suits you best, while also engaging with colleagues to share ideas and build meaningful relationships.