We are Lightsource bp - and we're on a mission to become a global leader in onshore renewables, anchored by our proven track record in solar development.
For over a decade we've been actively working to diversify the way our world is powered with sustainable and responsible renewable power. We work to safely deliver affordable, reliable, large-scale onshore renewable and energy storage solutions to help the world decarbonise.
Our growing business is constantly innovating and investing to help drive the energy transition. Our people and projects are focused on supporting long-term sustainable growth and energy security.
Lightsource bp was fully acquired by bp in 2024.
What you'll do (the role)
Summary
The Tax & Transfer Pricing Manager will be responsible for international tax compliance of the Group including transfer pricing.
Please be aware this position will be for a 14 month Fixed Term period covering Maternity leave.
Responsibilities of the Role
Provide transfer pricing advice and support including advice on application of transfer pricing laws and practice on all of Lightsource bp's intercompany transactions in current and new markets, in particular:
Provide tax advice in respect of inter company funding arrangements including interest rate benchmarking and debt capacity analyses, and pricing of guarantees (including any thin cap / interest restriction calculations required for tax compliance aspects)
Benchmarking to support development fees
Review and support inter company service charges including working with the legal team to ensure correct documentation of intercompany agreements
Manage contemporaneous transfer pricing documentation including the Lightsource bp's group's master file and local transfer pricing documentation for all major intercompany transactional streams
Manage and approve the UK and overseas tax compliance filings for related party transactions, including managing the data requirements between internal teams and the external advisers
Support the M&A team during project acquisitions and divestments by providing advice from a transfer pricing/international tax perspective
Act as Country Tax Manager for certain APAC countries to oversee direct tax compliance and reporting matters on CIT, WHT et al and support internally with wider cross functional teams on tax DD activity, tax planning, and tax audits.
Assistance with tax authority transfer pricing enquiries and audit defense
Monitoring OECD and local country developments for new transfer pricing compliance requirements and the implementation of these
Support the business in adhering to changes in global tax legislation in a timely manner and changes are communicated to relevant internal departments
Why you'll make a great member of the team
Experience & Knowledge Required
Qualified tax professional with 6 years + post qualified experience
Preferably in-house MNC experience of implementing and maintaining transfer pricing policies and documentation
Technically up to date with a good understanding of international taxation legislation and standards with respect to transfer pricing
Strong UK GAAP and IFRS tax accounting knowledge beneficial International experience / exposure essential
Wider corporate international tax experience and knowledge of issues such as corporate interest restriction, CFC, DAC 6 beneficial
Ability to initiate and lead a project through to a successful completion engaging stakeholders throughout the process
The ability to work in a fast paced, dynamic environment Able to meet tight timeframes and drive continuous improvements
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