Director, Head Of Global Transfer Pricing

Our Mission

At Palo Alto Networks everything starts and ends with our mission:

Being the cybersecurity partner of choice, protecting our digital way of life.

Our vision is a world where each day is safer and more secure than the one before. We are a company built on the foundation of challenging and disrupting the way things are done, and we're looking for innovators who are as committed to shaping the future of cybersecurity as we are.

Our Approach to Work

We lead with flexibility and choice in all of our people programs. We have disrupted the traditional view that all employees have the same needs and wants. We offer personalization and offer our employees the opportunity to choose what works best for them as often as possible - from your wellbeing support to your growth and development, and beyond!

At Palo Alto Networks, we believe in the power of collaboration and value in-person interactions. This is why our employees generally work from the office three days per week, leaving two days for choice and flexibility to work where you feel most effective. This setup fosters casual conversations, problem-solving, and trusted relationships. While details may evolve, our goal is to create an environment where innovation thrives, with office-based teams coming together three days a week to collaborate and thrive, together!

Your Career

We are currently seeking an exceptional individual to fill the role of Head of Global Transfer Pricing within Palo Alto Networks' Tax team. In this pivotal position, you will play a critical role in building and designing the Global Transfer Pricing team and priorities, assume the lead of strategic Transfer Pricing projects, manage Global Transfer Pricing compliance and reporting, drive Transfer Pricing automation, and provide invaluable support for our tax planning initiatives. The Head of Global Transfer Pricing will possess profound expertise in Transfer Pricing regulations and requirements, exhibit a thorough understanding of relevant tax laws, and offer guidance on tax legislation and economic developments on a global scale.

Our ideal candidate is an accomplished leader in the field of Transfer Pricing, known for their strategic expertise. The ideal candidate is a self-motivated and creative thinker, with outstanding communication skills. Furthermore, they thrive in collaborative settings, working seamlessly with cross-functional teams. This role offers the opportunity to work alongside a diverse group of talented and high-performing colleagues, all within a fast-paced and dynamic environment. This position is based in Santa Clara, California. It reports to the Senior Director International Tax, Global Tax Planning and Tax M&A, and will continuously closely collaborate with the global tax team. 

The International Tax team at PANW is a close-knit and dynamic group dedicated to establishing robust tax processes, frameworks, and systems that will drive the business forward during the upcoming phase of rapid expansion. Our primary objectives include establishing appropriate Transfer Pricing policies and procedures, evaluating avenues to achieve certainty including APAs, etc., ensuring compliance across diverse geographical regions, meeting stringent reporting standards, evaluating the need for any tax reserves on our financial statements, and proactively preparing for audits to achieve our targeted tax objectives. We take pride in our collaborative and enthusiastic approach, eagerly anticipating the exciting growth phase ahead, and are fully committed to supporting our business teams in every conceivable manner.

Your Impact

The Head ofTransfer Pricing is a crucial role in managing our company's Transfer Pricing strategies to ensure compliance with tax regulations and optimize the company's global tax position. Here are some key responsibilities for this role:

• Create, implement, and oversee prudently aggressive Transfer Pricing policies and strategies that align with the company's business operations and tax optimization goals
• Ensure the company complies with Transfer Pricing regulations in various jurisdictions where it operates - This includes preparing and filing Transfer Pricing documentation, country-by-country reporting, preparing for Pillar 2, and other compliance requirements
• Identify and assess Transfer Pricing risks associated with the company's intercompany transactions and recommend mitigation strategies to minimize potential disputes with tax authorities
• Collaborate with the Sr. Director International tax and other cross-functional teams to design and implement Transfer Pricing structures that support the company's overall business objectives while optimizing tax positions
• Provide strategic leadership to the Transfer Pricing team, including setting goals, managing resources, and fostering a culture of continuous improvement
• Manage Transfer Pricing audits, disputes, and inquiries from tax authorities by providing documentation and negotiation support to reach favorable resolutions
• Communicate Transfer Pricing policies and strategies effectively within the organization to ensure compliance at all levels and with all relevant departments
• Explore opportunities for automation of Transfer Pricing processes to improve efficiency and accuracy
• Stay informed about changes in Transfer Pricing regulations and international tax laws, and adapt the company's strategies accordingly
• Assess and manage Transfer Pricing implications related to mergers and acquisitions, including aligning Transfer Pricing policies of acquired entities with the overall corporate strategy
• Conduct benchmarking studies to compare the company's intercompany transactions with comparable transactions in the market to justify Transfer Pricing policies
• Provide guidance and training to internal teams on Transfer Pricing matters to enhance awareness and compliance across the organization

Your Experience     

• A successful candidate should have a minimum of 10+ years of hands-on experience in Transfer Pricing, including leadership roles within multinational corporations or reputable consulting firms
• Strong knowledge of international tax laws, accounting principles, and Transfer Pricing regulations across various jurisdictions - Proficiency in Transfer Pricing methodologies, financial analysis, alternative dispute resolution processes, use of APAs and MAP procedures, benchmarking, and financial modeling
• Proven ability to provide strategic direction and leadership to a team, with a track record of managing and mentoring professionals
• Experience in managing Transfer Pricing for a US multinational operating in multiple countries, including regions with complex Transfer Pricing regulations
• A history of effectively managing Transfer Pricing audits and disputes with tax authorities to achieve favorable outcomes
• A history of effective use of APAs and other alternative advanced resolution forums to achieve tax certainty where available
• Demonstrated experience in preparing and maintaining Transfer Pricing documentation in compliance with local and international regulations
• A bachelor's degree in finance, accounting, economics, or a related field is typically required. or equivalent military experience required - An advanced degree and relevant professional certifications (e.g,, Masters and/or CPA) are highly desirable
• In-depth knowledge of international Transfer Pricing regulations, OECD guidelines, and tax laws in various jurisdictions, including OECD Pillar One and Pillar Two rules
• Strong leadership and management skills to oversee a team of Transfer Pricing professionals and drive strategic initiatives
• Strong analytical and problem-solving skills
• Excellent written and verbal communication skills
• Meticulous attention to detail
• Effective interpersonal skills
• Familiarity with Transfer Pricing software and tools, as well as a willingness to embrace automation and digital solutions in Transfer Pricing processes
• Ability to evaluate and potentially disrupt current processes where improvements can be successfully implemented

The Team

You have a passion for numbers; our organization has a real passion for cybersecurity. You're looking for a career with a more fulfilling mission. We have open positions to top talent seeking a financial challenge. Our Finance department deals with numbers daily, supporting infrastructure, dealing in automation, and building elegant models and solutions to empower our business lines and solutions. If you're seeking a financial challenge but with a worldwide impact, this is it.

Our Commitment 

We're trailblazers that dream big, take risks, and challenge cybersecurity's status quo. It's simple: we can't accomplish our mission without diverse teams innovating, together.

We are committed to providing reasonable accommodations for all qualified individuals with a disability. If you require assistance or accommodation due to a disability or special need, please contact us at [email protected].

Palo Alto Networks is an equal opportunity employer. We celebrate diversity in our workplace, and all qualified applicants will receive consideration for employment without regard to age, ancestry, color, family or medical care leave, gender identity or expression, genetic information, marital status, medical condition, national origin, physical or mental disability, political affiliation, protected veteran status, race, religion, sex (including pregnancy), sexual orientation, or other legally protected characteristics.

All your information will be kept confidential according to EEO guidelines.

The compensation offered for this position will depend on qualifications, experience, and work location. For candidates who receive an offer at the posted level, the starting base salary (for non-sales roles) or base salary + commission target (for sales/com-missioned roles) is expected to be between $180,200/yr to $291,500/yr. The offered compensation may also include restricted stock units and a bonus. A description of our employee benefits may be found here. 

Please note that we will not sponsor applicants for work visas for this position.