New Transfer Pricing team launches in Manchester

Global accountancy firm Ernst & Young, has launched a specialist transfer pricing team in Manchester, led by director Sarah Teshome.

An arm of Manchester’s tax team, the transfer pricing service will allow Manchester businesses to tap into local expertise on their doorstep. Sarah will lead and develop the business across the North of England.

Newly appointed director, Sarah Teshome said: “Ernst & Young are the trail blazers in transfer pricing employing leading edge thinking. The quality of the team attracted me to the role, the ability to drive and shape a new venture in an empowered culture, and the opportunity to work alongside partner Tracy Wood – a young dynamic leader in the sector with ambitious growth plans for the practice.”

Joining from Grant Thornton, Sarah qualified at Andersens in Leeds in 1993 and spent 10 years of her career at PricewaterhouseCoopers culminating in leading the transfer pricing team in the North East.

Sarah has already recruited two team members, including Phil Bailey and James Otter from KPMG, and intends to double the size of the team numbers by 2010.

Head of Tax in Manchester, partner Tracy Wood, said: “The addition of transfer pricing and Sarah to our team is key to our growth plans for our tax practice in Manchester. Building additional offerings locally adds extra value to our existing and potential clients.

“We are already Ernst & Young’s largest tax team outside London and have ambitious plans to double in size by 2010, contributing to the firms overall goal to be the fastest growing professional services firm in the North West.”

Born in Ethiopia, Sarah lives in Wakefield with her husband and two children. She was educated at York University and is a competitive Bridge player, representing England at the World Championship held in Shanghai in 2007.