Role Summary
Associate Director of Revenue Accounting for the U.S. Innovative Medicines and Biosimilars portfolio, responsible for ensuring accurate and timely financial close processes, maintaining a strong control environment, and supporting forecasting and budgeting related to Gross to Net (GTN) estimates and liabilities. Collaborates cross-functionally to enhance revenue reporting, support commercial decision-making, and drive continuous improvement in analytics and operational efficiency.
Responsibilities
- Support monthly and quarterly close activities for product revenue, ensuring compliance with US GAAP and internal policies.
- Analyze complex contracts, account reconciliations, and GTN reserves including accruals for Managed Care and other rebates, chargebacks, returns, Medicaid, and other commercial programs.
- Partner with Forecasting, Commercial Operations, Value Access and AR teams to ensure completeness and accuracy of GTN-related accounting.
- Support timely and insightful revenue analytics, flash reports to support business decisions.
- Develop and maintain financial models to support GTN forecasting, sensitivity analysis, and scenario planning.
- Leverage automation tools and technologies to improve data accuracy, reduce manual effort, and enhance reporting capabilities.
- Analyze validation of sales data including wholesaler inventory, in-transit shipments, and returns.
- Support external audit and reporting requirements, including receivables factoring and compliance documentation.
- Collaborate with other accounting teams, including Generics Revenue and Alliance Accounting, on cross-functional initiatives.
Qualifications
- Required: Minimum 5 years of progressive accounting experience, including Gross to Net.
- Required: Strong communication, analytical, and organizational skills.
- Required: Proven ability to work with senior leadership and external auditors.
- Preferred: CPA or MBA.
- Preferred: Pharmaceutical industry experience.
- Preferred: Experience with SAP ERP systems, financial modeling and automation tools (Alteryx, Power BI, Power Automate).
- Preferred: Deep understanding of US GAAP and pharmaceutical revenue recognition.
Education
- Bachelorβs degree in Accounting or related field.
Skills
- Technical accounting and GTN forecasting
- Financial modeling and scenario planning
- Cross-functional collaboration and stakeholder engagement
- Data analysis and analytics
- Process improvement and automation