The South African Breweries (SAB) is a subsidiary of AB InBev. Founded in 1895, SAB is South Africa’s top brewer and leading distributor of beer.
For more than 120 years SAB has been an integral thread in the social fabric of our country and continues to play a crucial role in the national economy. The company operates seven breweries and 40 depots in Sout...
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Developing Transfer Pricing Policies: The specialist is responsible for developing and implementing transfer pricing policies that comply with local regulations in Africa as well as global transfer pricing guidelines set by the parent company. This involves ensuring that intra-group transactions are priced appropriately to reflect arm's length principles.
Risk Assessment and Mitigation: Identifying potential transfer pricing risks within the African subsidiaries and implementing strategies to mitigate these risks. This may involve conducting risk assessments, evaluating intercompany transactions for potential transfer pricing adjustments, and implementing controls to minimize tax exposure and compliance risks.
Documentation and Compliance: Ensuring that transfer pricing documentation requirements are met for all intra-group transactions in Africa, including preparing and maintaining master files, local files, and country-by-country reports as required by local tax authorities. This involves coordinating with finance, legal, and tax teams to gather relevant information and documentation.
Transfer Pricing Analysis: Conducting transfer pricing analysis to determine appropriate transfer pricing methodologies for different types of transactions, such as tangible goods, intangible assets, services, and financing arrangements. This may involve benchmarking studies, functional analysis, and economic analysis to support transfer pricing positions.
Supporting Tax Audits and Disputes: Assisting with tax audits and disputes related to transfer pricing matters in African jurisdictions. This includes responding to inquiries from tax authorities, providing documentation and analysis to support transfer pricing positions, and negotiating with tax authorities to resolve disputes.
Training and Education: Providing training and education to finance and business teams in Africa on transfer pricing concepts, policies, and compliance requirements. This helps ensure that relevant stakeholders understand their roles and responsibilities in managing transfer pricing risks effectively.
Advisory and Decision Support: Providing strategic advice and decision support to business units in Africa on transfer pricing implications of business transactions, investments, and restructuring activities. This includes evaluating the transfer pricing impact of business decisions and recommending appropriate transfer pricing strategies to optimize tax efficiency and compliance.
Advisory and Decision Support: Providing strategic advice and decision support to business units in Africa on transfer pricing implications of business transactions, investments, and restructuring activities. This includes evaluating the transfer pricing impact of business decisions and recommending appropriate transfer pricing strategies to optimize tax efficiency and compliance.
Advisor Management: Manage external advisors and consultants on transfer pricing projects and engagements.
Monitoring Regulatory Changes: Staying updated on changes in transfer pricing regulations and practices in African jurisdictions, as well as global developments that may impact transfer pricing policies and compliance requirements. This includes proactively assessing the impact of regulatory changes and updating transfer pricing policies and practices accordingly.
Continuous Improvement: Continuously evaluating and improving transfer pricing processes, systems, and controls to enhance efficiency, accuracy, and compliance. This may involve implementing technology solutions, streamlining processes, and enhancing data analytics capabilities to better manage transfer pricing risks and requirements.
Minimum Requirements
A bachelor's degree in accounting, finance, economics, law or a related field.
A minimum of ten years of relevant experience in transfer pricing, international tax, accounting and finance either in a consulting firm or in a multinational corporation.
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