Director Revenue Accounting

The Director Revenue Accounting holds overall financial responsibility for revenue management including revenue recognition, gross-to-net sales accounting entries, and receivables management. This position is an essential part of the accounting team and plays a critical role in overseeing the financial reporting process and internal controls related to revenue, gross-to-net, and accounts receivable. Ultimately responsible for the order-to-cash business process. This role directly reports to the Corporate Controller.

Key Responsibilities

• Oversee revenue recognition function including managing the monthly close process for all revenue-related activities: review sales and gross-to-net accounting entries ensuring proper accounting for discounts, promotions, adjustments, write-offs, refunds, and credits; review reconciliations of revenue transactions to G/L; ensure accurate and timely financial close and financial reporting.
• Address technical accounting matters associated with revenue recognition and material or non-standard contracts and settlements; prepare/review supporting memos with recommended accounting treatment.
• Support the business and finance team function by serving as the primary subject matter expert on all revenue related topics, including the analysis of revenue-related transactions and variances period-over-period.
• Act as the primary liaison between Accounting/Finance and external auditors on all revenue and receivable matters; collaborate extensively cross functionally with Trade/Commercial team.
• Oversee accounts receivables management functions, including credit monitoring, billing, and collections; manage related receivables accounting and financial reporting.
• Design and maintain an effective internal control environment over the order-to-cash cycle, including reporting and accounting estimates; be the control owner for key internal controls for revenue recognition and accounts receivable; ensure SOX requirements are met.
• Review and maintain existing revenue recognition and accounts receivable/credit policies to ensure they are up-to-date and effective.

Qualifications

• Education: Bachelor’s degree in finance or accounting required. CPA preferred.
• 5-7+ years of experience in revenue accounting, credit, and or collections.

Additional Requirements

• Experience in the life science industry and gross to net sales accounting is required.
• Technical Skills: Solid experience with ERP systems and proficiency in Excel.
• Robust understanding of revenue recognition standards (ASC 606) and US GAAP.
• Solid experience with internal controls/SOX.
• Excellent analytical skills with the ability to interpret complex data and provide actionable insights.
• Detail-oriented with strong organizational and time management skills.
• Ability to communicate effectively with cross-functional teams and senior management.
• Strong problem-solving skills and the ability to handle multiple priorities in a fast-paced environment.
• Ability to manage staff effectively.

Why Join Us?

Arcutis is a pioneering medical dermatology company dedicated to revolutionizing the treatment of serious skin diseases and our pipeline is one of the more robust and exciting in the industry. Our vision is to revitalize the standard of care for dermatological diseases and conditions through novel therapies that simplify disease management for physicians and patients. We are focused on filling the innovation gap in medical dermatology drug development by applying our deep clinical, product development and commercial expertise in dermatology to develop best-in-class therapies against biologically validated targets. Arcutis is uniquely positioned to become the preeminent innovation-driven medical dermatology company, and we are looking for top talent to join our team. We are nimble, collaborative, and passionate about achieving our mission!

This job description has been designed to indicate the general nature and level of work performed by employees in this position. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to the job.

Arcutis is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity, status as a veteran, and basis of disability or any other federal, state or local protected class.

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