Transfer Pricing Manager / Senior Manager – Vietnam

Rutherford Cross is working exclusively with a leading Accounting & Finance firm in Vietnam to assist them to hire an experienced Transfer Pricing Manager or a Transfer Pricing Senior Manager for their fast growing office based in Ho Chi Minh City.

Ho Chi Minh City is the economic centre of Vietnam and accounts for a large proportion of the economy of Vietnam. Although the city takes up just 0.6% of the country’s land area, it contains 8.34% of the population of Vietnam, 20.2% of its GDP, 27.9% of industrial output and 34.9% of the FDI (foreign direct investment) projects in the country. The economy of Ho Chi Minh City consists of industries from mining, seafood processing, agriculture, and construction, to tourism, finance, industry and trade. Ho Chi Minh City aims to become an important hi-tech city in the country and the South East Asia region and also is set to become a prominent outsourcing location for other enterprises in developed countries, as India has done. Additionally crude oil is a popular economic base in the city to which investors are still pouring money into. The city has three export processing zones and twelve industrial parks, in addition to Quang Trung Software Park and Ho Chi Minh City hi-tech park. Intel has invested about 1 billion dollars in a factory in the city and more than fifty banks with hundreds of branches and about 20 insurance companies are also located inside the city. There are 171 medium and large-scale markets as well as several supermarket chains, shopping malls and fashion and beauty centres. It is predicted that Vietnam as a whole may be the fastest growing of the world’s emerging economies by 2025 and will have a total GDP that will surpass those of Norway and Singapore.

With a population of over 8 million, there are several new projects to develop new city centres to deal with the continual growth of the city. Today, the city’s core is still adorned with wide elegant boulevards and historic French colonial buildings. The most prominent structures in the city centre are the Reunification Palace, City Hall, Municipal Theatre, City Post Office, State Bank Office, City People’s Court and Notre-Dame Cathedral. There are also a variety of museums in the city centre as well as cinemas, theatres and a multitude of restaurants to choose from. Ho Chi Minh City is also a city of contracts. From the finest of hotels to backpacker hostels, the classiest of restaurants to the tastiest of street stalls, and the choicest of boutiques to the traditional markets. You can wander through the timeless alleys to take in the long history of the city before catching up with the present in designer malls beneath sleek skyscrapers. The real beauty of the city is how all the contrasts blend together to make a very unique city.

This is a highly exciting opportunity to join a market leader in the Vietnam market. This client was the first of the Big 4 firms to establish a transfer pricing team and have grown rapidly since the introduction of this team in 2006. Over all service lines this firm has gone from 50 people since setting up base in Vietnam 20 years ago to around 1000 to date. The transfer pricing has approximately 40 people across both offices in Hanoi and Ho Chi Minh City. The transfer pricing work is also extremely interesting as it is developing more towards controversy and disputes as well as the traditional compliance and documentation work. As this client is looking for an experienced Manager or Senior Manager, you will have between 7 and 10 years’ Big 4 transfer pricing experience, preferably in a developed market. Previous experience gained from the European or other Asia Pacific markets would be interesting to the client. Native or extremely fluent English is essential for the role.

**Please note this salary is in GBP and does not reflect the local salaries in comparison to cost of living**