Job Details : Director, Revenue Accounting - Vertex Pharmaceuticals

Director, Revenue Accounting

Vertex Pharmaceuticals

Job Location : Boston, Massachusetts, USA

Employment Type : Full-Time

Posted on : 2019-01-09T06:39:28-05:00

Job Description :

Job Description:

The Director, Revenue Accounting, will lead the North America Revenue Accounting Team reporting to the Executive Director of Global Revenue Accounting.  The Director of Revenue Accounting will manage a team of four with ownership of monthly and quarterly accounting processes for all North American product revenues including delivering close results accurately and timely, supporting quarterly and annual audit requirements and promoting and maintaining a strong control environment.  This role will participate in and support monthly forecasting and budgeting processes specifically focused on Gross to Net estimates and liabilities for existing and future products.   In addition to key accounting deliverables this role will also develop  the efficiency and accuracy of  accounting operations of the Company’s order to cash cycle in the US and Canada through review and collaboration with the Company’s  Trade and Distribution Team and external third party service providers.  
The Director of Revenue Accounting is a leadership position within the Accounting Department with a goal of developing team members and collaborating with our business partners in International and Global Revenue Accounting, Accounting, Finance, Trade and Distribution, Operations, Pricing and Analytics.   A successful candidate will have technical competence and experience in product revenue accounting and analytics, compliance and operational experience with order to cash as well as experience leading and managing a team

Key responsibilities
 
  • Oversee team in preparation and review of accounting close activities including the review of new contracts, complex account reconciliations, quarterly analytics and controls
  • Support continuous improvement of the efficiency and accuracy of internal reporting measures including daily flash , monthly forecasts, quarterly global  revenue analytics reporting packages
  • Support external reporting requirements including SEC filing disclosures
  • Support pricing compliance and analytics data reporting, filings  and documentation requests
  • Drive continuous development of Tools to drive efficiency and promote scalability as it relates to  issue identification and resolution in day to day operations of order to cash, internal reporting including financial and compliance related
  • Expand the use of and engagement in reporting tools to improve efficiency and eliminate duplication
  • Opportunities to participate in Finance & Accounting Shared Projects- Optimization Efforts
  • Opportunities to participate in  development of global revenue accounting process and documentation
  • Ownership of additional areas including royalty accounting and reporting , collaboration payments

#LI-RS1

Qualification:

  • Bachelor’s Degree in Accounting
  • 8+ years of relevant experience in the pharmaceutical or biotechnology industry
  • Prior public accounting experience also a plus
  • Strong oral and written presentation skills and executive presence
  • Ability to analyze problems, actively strategize to resolve such problems, solid organization skills, and a proven track record of process improvement and standardization
  • Strong team player that has customer service approach and is solution oriented
  • People management experience
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