Senior Manager, Transfer Pricing

Company Overview:

If a culture of excellence, innovation and ownership is what you’re searching for, consider putting your experience in motion at Flowserve. As an individual contributor, or as a leader of people, your enterprise mindset will ensure Flowserve’s position as the global standard in comprehensive flow control solutions. Here, your opportunity for professional development and industry leading rewards will be supported by our foundational commitments to the values of people first, integrity and safety. Thinking beyond opportunity and reward, at Flowserve, we are inspired by working together to create extraordinary flow control solutions to make the world better for everyone!

Role Summary

The Transfer Pricing Manager will lead the development, implementation, and oversight of global transfer pricing strategies across the company’s manufacturing, engineering, and service entities. This role ensures compliance with OECD guidelines and local tax regulations, manages risk, and supports strategic tax planning initiatives. The manager will collaborate cross-functionally with finance, operations, legal, and external advisors to optimize intercompany pricing and maintain audit-ready documentation.

Responsibilities:

Strategic Oversight & Policy Development

• Design and maintain global transfer pricing policies aligned with OECD standards and evolving international tax frameworks (e.g., BEPS 2.0, Pillar Two).
• Lead the development of intercompany pricing models for tangible goods, services, royalties, and intellectual property.
• Oversee the preparation of Master Files, Local Files, and Country-by-Country Reports.
  
  

Operational Execution

• Manage quarterly and annual transfer pricing calculations and true-ups across global entities.
• Coordinate with cost accounting and FP&A teams to validate cost bases and ensure accurate markups and allocations.
• Supervise ERP postings (e.g., SAP) for intercompany transactions and ensure financial control compliance.
  
  

Risk Management & Audit Support

• Identify and mitigate transfer pricing risks related to IP transfers, intercompany flows, and policy misalignment.
• Provide audit defense support and coordinate with external advisors on MAP, APA, and litigation strategies.
• Monitor regulatory changes and assess their impact on the company’s transfer pricing framework.
  
  

Stakeholder Engagement

• Collaborate with regional tax, finance, and treasury teams to ensure timely billing and documentation.
• Educate business units on transfer pricing impacts and promote accuracy in cost structures and burden rates.
• Build relationships across departments to support tax planning and operational alignment.
• Serve as a key liaison with external advisors and tax authorities.
  
  

Requirements:

• Bachelor’s or Master’s degree in Accounting, Finance, Economics, or Taxation.
• Minimum 7-10 years of experience in transfer pricing, preferably in a global manufacturing environment.
• Strong knowledge of OECD guidelines, BEPS initiatives, and local tax regulations
• Excellent analytical, communication, and project management skills.
  
  

Preferred skills:

• Manufacturing experience preferred
• Experience with ERP systems (SAP, Oracle and Great Plains preferred)
• Experience with Alteryx workflows and data modeling is a plus.
  
  

Flowserve is a world-leading manufacturer and aftermarket service provider of comprehensive flow control systems. Join a company whose people are committed to building a more sustainable future to make the world better for everyone. With 16,000 employees in 50 countries, we combine our global reach with local presence. Our team challenges themselves to approach each situation with ingenuity and creativity to help provide our customers with the most innovative flow control products and services. We support 10,000 customers worldwide, creating products to meet the needs of our customers who are supplying energy, fresh water, pharmaceuticals and other essentials to consumers, businesses and governments globally. We invite you to put your talents and career in motion at Flowserve.

Req ID : R-16992

Job Family Group : Finance & Accounting

Job Family : FA Tax

EOE including Disability/Protected Veterans. Flowserve will also not discriminate against an applicant or employee for inquiring about, discussing or disclosing their pay or, in certain circumstances, the pay of their co-workers. Pay Transparency Nondiscrimination Provision

If you are a qualified individual with a disability or a disabled veteran, you have the right to request a reasonable accommodation if you are unable or limited in your ability to use or access flowservecareers.com as result of your disability. You can request a reasonable accommodation by sending an email to employment@flowserve.com. In order to quickly respond to your request, please use the words "Accommodation Request" as your subject line of your email. For more information, read the Accessibility Process.