Revenue Accounting Senior Manager

Posted 7 Days Ago
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Boston, MA
Senior level
Biotech • Pharmaceutical
The Role
The Senior Manager of Revenue Accounting oversees financial reporting for product revenues in North America, particularly for the product JOURNAVX. Key responsibilities include managing month-end closings, developing complex analytics models, collaborating with various teams for forecasting, driving process improvements, and ensuring compliance with accounting policies for new product launches.
Summary Generated by Built In

Job Description

The Senior Manager, Revenue Accounting will be responsible for overseeing the delivery of accurate and timely financial information for the North America region relating to product revenues, gross to net accounts and accounts receivable to meet the needs of both internal and external reporting requirements for our newly approved product JOURNAVX. 

The role will partner closely with members of Trade and Distribution, Market Access, Finance and Global Revenue Accounting. The Senior Manager will also be responsible for identifying and driving process improvement initiatives including automation and data.

 

Key Duties & Responsibilities

  • Responsible for revenue accounting month end close for US product sales and gross to net for our recently approved product JOURNAVX
  • Responsible for development and maintenance of complex gross to net models, calculations and analytics (including use of advanced excel skills)
  • Develop knowledge of markets to design and perform analytics to evaluate monthly results
  • Collaborate with Commercial Finance and Market Access teams on monthly actualization and forecasting process
  • Utilizing knowledge and data, provide strategic input into recommendations for change and process improvement as well as continuously evolving and evaluating policies and procedures
  • Participate (and lead as needed) in the development of new systems, processes and automation
  • Drive accounting policies and procedures for new product launches

Required Education and Experience

  • Bachelor's degree required
  • Requires 7+ years of related accounting experience with experience in life sciences and / or Big 4 Accounting Firm preferred
  • Advanced excel skills
  • Experience with Oracle Financial Software a plus 

Knowledge/Skills

  • · Ability to collaborate and influence across and within different levels of the class.

Flex Designation:

Hybrid-Eligible Or On-Site Eligible

Flex Eligibility Status:

In this Hybrid-Eligible role, you can choose to be designated as: 
1.    Hybrid: work remotely up to two days per week; or select
2.    On-Site: work five days per week on-site with ad hoc flexibility.

Note: The Flex status for this position is subject to Vertex’s Policy on Flex @ Vertex Program and may be changed at any time.

Company Information

Vertex is a global biotechnology company that invests in scientific innovation.

Vertex is committed to equal employment opportunity and non-discrimination for all employees and qualified applicants without regard to a person's race, color, sex, gender identity or expression, age, religion, national origin, ancestry, ethnicity, disability, veteran status, genetic information, sexual orientation, marital status, or any characteristic protected under applicable law. Vertex is an E-Verify Employer in the United States. Vertex will make reasonable accommodations for qualified individuals with known disabilities, in accordance with applicable law.

Any applicant requiring an accommodation in connection with the hiring process and/or to perform the essential functions of the position for which the applicant has applied should make a request to the recruiter or hiring manager, or contact Talent Acquisition at [email protected]

Top Skills

Excel
Oracle
The Company
HQ: Boston, MA
5,000 Employees
Hybrid Workplace
Year Founded: 1989

What We Do

Vertex is a global biotechnology company that invests in scientific innovation to create transformative medicines for people with serious and life-threatening diseases.

We discovered and developed the first medicines to treat the underlying cause of cystic fibrosis (CF), a rare, life-threatening genetic disease. In addition to clinical development programs in CF, Vertex has more than a dozen ongoing research programs focused on the underlying mechanisms of other serious diseases.

Founded in 1989 in Cambridge, Massachusetts, our corporate headquarters is now located in Boston’s Innovation District, and our international headquarters is in London, United Kingdom. We currently employ approximately 3,500 people in the United States, Europe, Canada, Australia and Latin America with nearly two-thirds of our staff dedicated to research and development.

Vertex is consistently recognized as one of the industry’s top places to work by Science Magazine, The Boston Globe, Boston Business Journal and the San Diego Business Journal. Our research and medicines have also received esteemed recognitions, including the Robert J. Beall Therapeutics Development Award, the French Prix Galien and the British Pharmacological Society awards.

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