Transfer Pricing Supervisor

Transfer Pricing Supervisor

Budapest, HUN

• ID: R-21991
• Job Category: Finance & Accounting
• Job Type: Full time

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Benefits Overview

Hiring Process

Flowserve is a global manufacturer of pumps, valves, seals, and aftermarket services, delivering comprehensive flow control solutions that support essential industries such as energy, clean water, and pharmaceuticals. If you're looking for a culture built on ingenuity, innovation, and excellence, Flowserve offers the opportunity to put your experience in motion. Whether you're an individual contributor or a people leader, you'll find meaningful opportunities for professional growth, competitive rewards, and a workplace grounded in our core values: People, Safety, Integrity, Ownership and Ingenuity. At Flowserve, we're inspired by what we can achieve together—creating extraordinary flow control solutions that strengthen today's world while building tomorrow.

Your Role and Impact

As a Transfer Pricing Supervisor, you will lead the Transfer Pricing team within Flowserve’s Budapest Business Services Center. You will combine hands-on technical expertise with team leadership to ensure accurate, timely, and compliant delivery of transfer pricing calculations, intercompany invoicing, documentation, and operational transfer pricing activities.

Working closely with the Global Transfer Pricing function, local Finance teams, Legal, business stakeholders, and external advisers, you will help strengthen compliance with Group transfer pricing policies, improve process consistency, and support responses to tax authority inquiries.

Key Responsibilities

• Supervise, coach, and develop the Transfer Pricing team, ensuring effective workload distribution, timely completion of tasks, and high-quality deliverables.

• Review periodic transfer pricing calculations, including intercompany service charges, management fees, royalties, cost allocations, and other intercompany recharges.

• Oversee the preparation and processing of intercompany invoices, ensuring consistency with approved calculations, accounting records, and supporting documentation.

• Provide hands-on support for complex transfer pricing calculations, financial analyses, reconciliations, year-end adjustments, and true-up calculations.

• Coordinate with local Finance teams to reconcile transfer pricing calculations with underlying financial records and resolve discrepancies.

• Review intercompany transactions, pricing, mark-ups, cost allocations, and legal-entity profitability to identify deviations from Group transfer pricing policies.

• Supervise the preparation and review of Local Files, transfer pricing disclosure forms, functional analyses, controlled-transaction descriptions, and related financial analyses.

• Coordinate and review transfer pricing documentation and compliance forms prepared by external consultants.

• Support the preparation and validation of financial data and supporting schedules for the Group Master File and Country-by-Country Report.

• Support the Senior Transfer Pricing Manager in responding to tax authority inquiries, tax audits, Advance Pricing Agreement, and Mutual Agreement Procedure activities.

• Maintain transfer pricing calculation models, reference data, supporting schedules, and process documentation within the Business Services Center.

• Identify opportunities to improve efficiency, accuracy, and consistency through standardization, automation, and enhanced use of ERP and reporting tools.

• Support ERP and reporting-system changes, process testing, and the transition of additional transfer pricing activities to the Business Services Center.

• Act as the primary operational contact within the Business Services Center for transfer pricing matters and provide regular updates to the Senior Transfer Pricing Manager.

• Ensure compliance with Flowserve policies, SOX requirements, accounting standards, and applicable local regulations.

• Required Qualifications

• Bachelor’s degree in Accounting, Finance, Economics, Taxation, or a related discipline.

• At least five years of relevant professional experience in transfer pricing, preferably within a multinational organization, Shared Services environment, or professional services firm.

• Practical experience preparing transfer pricing documentation, including functional analyses, controlled-transaction descriptions, financial analyses, and related compliance deliverables.

• Good working knowledge of the arm’s length principle, OECD Transfer Pricing Guidelines, and their practical application to intercompany transactions.

• Experience with intercompany calculations, cost allocations, reconciliations, and profit-level-indicator calculations.

• Experience leading, coaching, or coordinating a team, workstream, or complex set of deliverables.

• Proficiency in ERP systems, preferably SAP and Oracle.

• Advanced Microsoft Excel skills and experience working with large data sets.

• Excellent written and verbal communication skills in English.

• Strong analytical, organizational, stakeholder-management, and problem-solving skills.

• Preferred Qualifications

• Experience in a multinational organization, Business Services Center, Shared Services environment, or professional services firm.

• Experience supporting transfer pricing tax audits, tax authority requests, Advance Pricing Agreements, or Mutual Agreement Procedures.

• Experience with process improvement, automation, ERP enhancements, or reporting-system changes.

• Experience working with external tax advisers and cross-functional stakeholders, including Finance, Legal, and business teams.

• What We Can Offer You

• Friendly multicultural environment and team events.

• Life, accident, and health insurance.

• Cafeteria package.

• Career development and training opportunities.

• Opportunity for hybrid work.

• Apply now with your English CV!

• Req ID : R-21991

• Job Family Group : Finance & Accounting

• Job Family : FA Tax

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• Apply Now

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• Flowserve is a global leader in flow control solutions and aftermarket services. Our people are driven by a shared commitment to building a more sustainable future and making a meaningful impact around the world. With more than 16,000 employees across 50+ countries, we combine global scale with strong local expertise. Our teams bring ingenuity, creativity, and technical excellence to every challenge, delivering innovative products and services that help customers operate more efficiently and reliably. Serving over 10,000 customers worldwide, Flowserve supports industries that provide essential resources such as energy, clean water, pharmaceuticals, and more. Put your talents—and your career—in motion with Flowserve.