Operational Transfer Pricing True-Up Director

The mandate

The project has one bounded purpose: design and prove an operational transfer-pricing true-up process that converts approved policy into accurate, timely and explainable accounting entries. Current calculations cannot be accepted merely because they land within an intended range; the work must show where source values came from, why adjustments are required, how legal obligations are respected and who approves the resulting invoice or journal.

Milestone one, due after four weeks, is a reconciled baseline of transaction families, policy targets, actual results, source systems, agreements, calendars and unresolved exceptions. Milestone two, due in week ten, is a signed calculation and governance design with materiality, foreign-exchange treatment, review roles, indirect consequences and escalation rules made explicit.

Milestone three, due at the end of month four, is a controlled pilot for selected transaction families. It must trace source data through calculation, approval, invoice or journal, settlement and reporting, with defects recorded and retested. The final milestone is an operating handbook, evidence index, training record and first-cycle assurance report accepted by the Global Tax Operations Head and the designated financial controller.

The client provides approved policies, agreements, data extracts, ledger access, prior calculations and named tax, finance and legal participants. Acceptance requires zero unresolved critical reconciliation defects, completed approvals, agreement-consistent postings and clear ownership for future exceptions. Policy redesign, new benchmarking, contract drafting, systems procurement and tax-return preparation remain outside the fixed fee.

What you will own

• Reconcile approved arm's-length outcomes to actual booked results and identify whether each gap arises from data, policy interpretation, timing, currency or execution.
• Specify calculation inputs, transformations, tolerance bands, approval thresholds and exception evidence for each selected transaction family.
• Align true-up timing with accounting close, invoicing, settlement, withholding and local reporting dependencies without broadening the project into compliance delivery.
• Build a control matrix that assigns preparer, reviewer, tax approver, accounting approver and escalation responsibility at every material step.
• Execute a pilot using production-representative data and trace sampled adjustments from source record to final financial-reporting effect.
• Record and retest calculation, interface and governance defects, distinguishing corrections required for acceptance from enhancements for later ownership.
• Train designated operators through supervised calculations and an exception simulation rather than presentation-only knowledge transfer.
• Submit a final acceptance dossier containing reconciliations, approved specifications, pilot evidence, open risks, exclusions and a sustainment calendar.

Candidate qualifications

• At least 15 years in transfer pricing and finance operations, including Director-level ownership of an operational true-up or intercompany charging implementation.
• A completed engagement where policy, agreements, calculations, invoices and ledger postings were reconciled through formal acceptance evidence.
• Strong understanding of target-margin methods, service and royalty charges, foreign exchange, segmented financial data and accounting-close constraints.
• Experience designing maker-checker and exception controls that can be operated by permanent teams without repeated specialist interpretation.
• Evidence of diagnosing a result that appeared economically reasonable but failed data lineage, agreement or accounting tests.
• Ability to run cross-functional decisions among tax, controllership and legal owners while keeping final authority with the named acceptors.
• Discipline in protecting a defined project perimeter and pricing genuine scope change rather than absorbing unrelated policy or compliance work.

Working terms and boundaries

• The five-month project requires four days a week and releases fees through four artifact-based milestones, not attendance alone.
• Technical acceptance sits with Global Tax Operations; the designated financial controller must separately accept reconciliation and posting-control evidence.
• Timely access to policies, agreements, extracts, ledgers and named operators is a client dependency recorded in the milestone calendar.
• Policy redesign, benchmarking, legal drafting, technology purchase and tax-return preparation are excluded and require a formal variation if later requested.
• Final acceptance depends on a controlled pilot, retested critical defects, trained operators and signed ownership of all residual exceptions.

Application

Applications for this mandate are received in one way only: through the India Board Terminal's application process. It is automated end to end. Your Executive Passport travels to the mandate holder in its confidential form, your answers to the three questions below are read before anything else in your file, and every stage that follows is recorded on your applications page.

There is no address to write to and no intermediary to call. The mandate holder reads what the Terminal delivers and nothing else, which is what keeps the process the same for every applicant and keeps your name out of it until you release it. Applications close on 12 October 2026. Mandate reference TAX-CON-2026-FRA-08.