Scott Smaistrla CPA, MBA

Director

WTP Advisors
Plano, Texas, USA

Transfer Pricing Advisory Firm

Professional Summary

Scott is a solutions oriented Director with extensive expertise in international transfer pricing and tax, corporate finance, operations and compliance with a world class track record for leadership and innovation. His transfer pricing career has encompassed guidance to executive level decision makers in the areas of transfer pricing planning & contemporaneous documentation, operational transfer pricing, audit defense, analytics, compliance, process improvement, international tax structuring, product development/management, and risk mitigation.

Scott brings over twenty cumulative years of experience including tenures with global accounting firms PricewaterhouseCoopers and Grant Thornton. Scott has also served in influential corporate financial/operational leadership roles with multinational industry segment leaders Schlumberger, Baker Hughes, Motorola, Siemens and Thomson Reuters.

Scott also believes in giving back to the community. He has served on the Campaign Cabinet for the United Way of Metropolitan Dallas (2011-2014). Scott currently serves on the Board of the Directors for Housing Crisis Center (Dallas) and Financial Executives International - Dallas Chapter where he is also a member.

Skill Set/Experience Summay

International Transfer Pricing - Planning, Documentation, Operational Transfer Pricing, Intangible Property Migrations, Permanent Establishment, Competent Authority, Team/Project Management, Royalty Calculations, Audit Defense.

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Languages

  • English

Industry Experience

    • Tax Services
    • Professional Services
    • Software and Services
    • Software
    • Professional Services

Website

WTP Advisors

Interests/Hobbies

  • Chess
  • Running
  • Historical Research

Birthday

September 25

Social Media

Experience

WTP Advisors
Plano, Texas, USA 75024
Director
Transfer Pricing Advisory Firm
2017 - Present
Baker Tilly
Plano, Texas, USA 75024
Director
Certified Public Accountant-Tax,Audit & Consulting
2015 - 2016
• Prepared Transfer Pricing documentation report for a complex mid-market U.S. based information technology service provider with affiliates in India, and Canada;
and
• Advised 5+ dynamic multinational corporations about complex and sustainable strategies and tactics related to global transfer pricing risk mitigation; assessed financial statements, including operational results and capital spend for parent and affiliate transactional relationships.
Thomson Reuters
Carrollton, Texas, USA 75006
Senior Product Manager
Tax, Legal and Accounting Software, Publishing
2014 - 2015
• Directed an early stage development transformative operational transfer pricing product that provides multinational customers with a flexible, stable and scalable software platform that performs complex allocation algorithms which impact;
• financial statements, tax filings, and other metrics in contemporaneous documentation for cross border transactions;
• Optimized market data research process to improve Market Requirements roadmap to enhance the team’s understanding of market needs about current and potential customers; and
• Managed feature enhancements related to the 2016 major release; key customers NIKE, DuPont, and Ford.
Siemens - Product Lifecycle Management Software
Plano, Texas, USA 75024
Global Manager - Transfer Pricing
Software; Research and Development; Distribution
2009 - 2012
• Managed Global Transfer Pricing Strategy for a $2B US based software business unit; including $700M+ in intercompany royalty transactions, global cash settlements, intercompany loans, management, shared, and consulting services;
• Managed Transfer Pricing for thirty countries; primary global go to leader for all documentation, mark-up, audit defense, planning, M&A, and intellectual property migrations;
• Created a 150-page Global Transfer Pricing Compliance Guide for financial/tax leadership teams in thirty countries;
• Created Transfer Pricing Master File to plan and execute global transfer pricing compliance for cross border transactions between affiliates in 30 countries;
• Recommended and designed a hybrid annual $25M regional Asia Pacific Zone shared resource transaction value models; facilitated a leadership conference in Hong Kong with 8 regional CFO’s to facilitate solution implementation; savings due to tax audit risk mitigation over a five-year period $15M+;
• Analyzed annual budgets/forecasts to evaluate reasonableness of royalty calculation and other cross border transactions.
• Managed, maintained and refined the execution and corresponding analysis of new intercompany agreements;
• Partnered with Business Unit Tax Department (HQ) and controllers in 30 countries to facilitate tax provision, statutory financial statement preparation prepared with IFRS, and local contemporaneous documentation;
• Led the development of Cost Sharing Arrangements in China/India
Grant Thornton
Houston, Texas, USA 77002
Manager
Professional Services - Tax, Audit, & Consulting
2008 - 2009
• Managed six consultants including recruitment, performance reviews, and daily client work assignment;
• Created an optimal Transfer Pricing structure for an oil transportation client that mitigated audit risk; the client adjusted the operational structure of the company based on the recommendation provided in the Transfer Pricing planning report; and
• Calculated cost sharing and buy-in payments for intangible asset migration to manage client effective global tax rate.
PricewaterhouseCoopers
Dallas, Texas, USA
Senior Consultant
Tax, Audit, and Consulting Services
2003 - 2008
• Developed complex Transfer Pricing Models to assist clients in Intellectual Property Migrations, Management Services, Research and Development, and inventory valuation;
• Managed complex Transfer Pricing Planning/Documentation engagement generating $900K is billable revenue for the firm;
• Developed a base transaction model that reconciled Transfer Pricing, VAT/GST and Customs valuation amounts for cross border transactions; prepared preliminary analysis and filings for Advance Pricing Agreement for a major client; and
• Managed and mentored a team of 4 consultants, including hiring, performance reviews, and team metric optimization;

Education

MBA, Finance and Strategic Management 2000
Indiana University School of Law - Bloomington
Bloomington, Texas, United States
Vice President - Consulting Academy
BBA, Accounting 1992
The University of Texas at Austin
Austin, Texas, United States
Dean's List - Fall 1989; Alpha Kappa Psi Professional Business Fraternity - Member; Texas Union Finance Committee; The University of Texas Finance Association

Professional Certifications

Certified Public Accountant(CPA)
1997
Active
Certified Management Accountant
1997
Active

Associations and Societies

  • Financial Executives International (Chair and Vice Chair - Inclusion Committee & External Relations Committee)

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