Director, Revenue Accounting
Norwich Pharmaceuticals Inc•Morristown, NJ
•$175,000 - $225,000•Onsite
About The Position
Responsible for overseeing all aspects of Revenue Accounting including Daily Sales Reporting, Product Pricing Analysis and Gross-to-Net calculations. Reports to VP of Finance. Manages 1-2 direct reports and has significant cross functional collaboration especially with Commercial. Based in Morristown, NJ office.
Requirements
- 7-10 years of experience in Gross to Net Accounting in Pharmaceutical Industry
- Proficient in Contract Interpretation – to ensure all financial commitments are properly captured
- Strong working knowledge of Microsoft Word and Excel, Pivot tables and Access database
- Strong communication skills with internal and external customers
- Strong ability to business partner outside of finance to understand product sales trends at the customer and wholesaler level.
- Must be able to work independently and in a team environment
- Must possess strong business, analytical and managerial skills
- Ability to make decisions and present business case to management.
Nice To Haves
- SAP G/L experience a plus
- Experience with I-Contracts, Model N or CARS a plus
Responsibilities
- Capture all Government and Commercial Contracts Prices
- Accrue all rebates, discounts and fee obligations
- Oversee Daily Sales Reporting for distribution to management
- Ensure accurate calculations
- Respond to all Management data requests
- Aid in gross to net due diligence for potential BD opportunities
- Prepare all month end schedules for reporting and sign off
- Provide monthly trending of ASP and Customer Pricing/Rebate analysis
- Member of the US Finance Leadership Team
- Reconcile any variances working closely with Finance Manager
- Provide estimates to Finance upon request
- Assist Credit and Collection Manager during heavy volume and office coverage
- Train and develop team members as needed to ensure robust understanding of Gross to Net
- Strong cross functional collaboration with Sales and Marketing and Contracts and Pricing to ensure all discounts are captured in a contract and have been properly accrued
- Establish and document the Standard Operational Procedures and Policy Documentation
- Maintain Average Net Selling price analysis for both Branded and Generic drugs.
- Calculate daily and Month end schedules. Prepare management package
- Ensure timely and correct final net sales reports.
- Facilitate monthly meetings with Finance to review and sign off on final Net Sales
- Create reports from the contract system iContracts to automate the update of price and payments for G2N calculations.
- Automate the Daily Sales Reports as much as possible working closely with IT Support
- Create Standard Operating Procedures (SOPs) and compliance policies as necessary and add efficiencies to the process where needed.
- Support system enhancements and implementations (e.g., Model N)
- Work closely with FP&A to provide GTN forecast rates, working capital analysis and inputs that drive future period forecasting cycles and long range plans.
Benefits
- medical and prescription drug coverage (two PPO plans and an HDHP with Health Savings Account and employer contribution)
- dental
- vision
- flexible spending accounts
- retirement savings program
- long-term care coverage
- paid time off (176 hours per year, prorated to hire date) inclusive of sick time
- disability benefits
- life insurance
- a wellness program
- 13 company recognized paid holidays per year
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What This Job Offers
Job Type
Full-time
Career Level
Director
Education Level
No Education Listed
