Transfer Pricing Analyst
Role description
From the employerThank you for your interest in joining Solventum. Solventum is a new healthcare
company with a long legacy of solving big challenges that improve lives and help
healthcare professionals perform at their best. At Solventum, people are at the
heart of every innovation we pursue. Guided by empathy, insight, and clinical
intelligence, we collaborate with the best minds in healthcare to address our
customers’ toughest challenges. While we continue updating the Solventum Careers
Page and applicant materials, some documents may still reflect legacy branding.
Please note that all listed roles are Solventum positions, and our Privacy
Policy
- https://www.solventum.com/en-us/home/legal/website-privacy-statement/applicant-privacy/
- applies to any personal information you submit. As it was with 3M, at Solventum
- all qualified applicants will receive consideration for employment without
- regard to their race, color, religion, sex, sexual orientation, gender identity,
- national origin, disability, or status as a protected veteran.
Job Description
- 3M Health Care is now Solventum
- At Solventum, we enable better, smarter, safer healthcare to improve lives. As a
- new company with a long legacy of creating breakthrough solutions for our
- customers’ toughest challenges, we pioneer game-changing innovations at the
- intersection of health, material and data science that change patients' lives
- for the better while enabling healthcare professionals to perform at their best.
- Because people, and their wellbeing, are at the heart of every scientific
- advancement we pursue.
- We partner closely with the brightest minds in healthcare to ensure that every
- solution we create melds the latest technology with compassion and empathy.
- Because at Solventum, we never stop solving for you.
- Role Overview
- The Transfer Pricing Analyst / Senior Analyst is responsible for supporting the
- design, implementation, documentation, and defense of the company’s global
- transfer pricing policies. This role works closely with Tax, Finance,
- Controllership, and Trade Compliance to ensure that intercompany transactions
- are priced in accordance with the arm’s-length principle and local tax
- regulations.
- Focus on analytics, documentation, and operational support. Take ownership
of projects, act as a subject matter resource, and support business
partnering and audits.
Key Responsibilities
- Transfer Pricing Compliance & Documentation
- Oversee the preparation of local files, master file, and country‑by‑country
reporting (CbCR) support in line with OECD guidelines and local regulations.
- Collect and analyze financial and operational data for benchmarking studies,
functional analyses, and economic analyses.
- Draft and update transfer pricing relevant disclosures, intercompany
agreements, and related documentation.
- Support the annual transfer pricing cycle year‑end adjustments, and
documentation refresh.
- Operational Transfer Pricing
- Work with Controllership, FP&A, Treasury and local finance teams
to operationalize transfer pricing policies (e.g., monthly charges,
allocation keys, cost centers).
- Support the implementation, testing, and maintenance of processes, tools, and
systems to streamline and automate operational transfer pricing (e.g., ERP,
BI tools, TP calculation tools).
- Review intercompany invoices and reconciliations.
- Assist with preparing financial data, analysis and modeling to support
transfer pricing processes and projects.
- Audit & Controversy Support
- Support responses to tax authority queries, audits including data gathering,
analysis, and drafting of responses.
- Maintain an organized audit defense file for key jurisdictions and
transactions.
Qualifications & Experience
Required (Analyst)
- Bachelor’s degree in Accounting, Finance, Economics, Tax, or a related field.
- 4–6 years of experience in transfer pricing, international tax, corporate
finance, or related field (experience in Big 4 or multinational environment).
- Solid understanding of basic transfer pricing concepts, financial statements,
and accounting fundamentals.
- Strong analytical and quantitative skills, with proficiency in Excel and data
analysis.
- Good written and verbal communication skills with ability to prepare clear,
structured documentation.
Preferred (Both Levels)
- Advanced degree in Tax, Economics, Finance, or Law, and/or a professional
qualification (e.g., CPA, CMA, CTA, CFA) not required but preferred.
Key Skills & Competencies
- Strong analytical and problem‑solving skills with attention to detail.
- Ability to interpret and apply tax/transfer pricing regulations to practical
business scenarios.
- Project management skills and ability to prioritize in a fast‑paced,
deadline‑driven environment.
- Understanding of financials
What We Offer
- Opportunity to work on complex, cross‑border transfer pricing matters in a
dynamic, multinational environment.
- Exposure to senior tax and finance leadership and cross‑functional projects.
- Professional development and career growth within the tax/finance
organization.
- [Add benefits: bonus, health, retirement, flexible working, etc.]
Solventum is committed to maintaining the highest standards of integrity and
professionalism in our recruitment process. Applicants must remain alert to
fraudulent job postings and recruitment schemes that falsely claim to represent
Solventum and seek to exploit job seekers.
Please note that all email communications from Solventum regarding job
opportunities with the company will be from an email with a domain of
@solventum.com. Be wary of unsolicited emails or messages regarding Solventum
job opportunities from emails with other email domains.
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information into the application fields directly.
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