Senior Accountant

Zoetis•Parsippany-Troy Hills, NJ

8d•Hybrid

About The Position

As a member of the US Commercial Finance team, this position reports directly to the US Controller. The individual is responsible for the accurate execution of Gross to Net (GTN) accounting for US Operations. The individual takes ownership of day-to-day management of a business unit’s rebate accounting estimates and reserves. The individual will support the implementation of GTN automated solutions. The individual is able to interact with all levels of the business ranging from executive to customer. The individual is aligned with all Zoetis core competencies and values.

Requirements

University degree in accounting (preferred) or finance
Certified public accountant or equivalent (chartered accountant) and/or MBA preferred
Minimum three years of experience in Accounting or Finance roles
Gross to Net accounting experience is preferred
Experience in the Pharmaceutical industry is preferred
Knowledge of multi-national financial reporting requirements
Knowledge of automated financial and accounting reporting systems – SAP
Large public accounting firm experience preferred
Familiarity with Zoetis’ Accounting Policies and systems is a plus
Understanding of US Generally Accepted Accounting Principles (US GAAP)
Strong analytical background with strategic thinking capabilities and attention to detail
Solid understanding of accounting, internal controls, financial systems and processes
Ability to communicate effectively with all levels of management both verbally and in writing
Comfortable working in a fast-paced, high-energy environment
Ability to multi-task, consistently meeting deadlines on multiple projects and activities
Work effectively in a team environment and in building collaborative relationships with peers and with other stakeholders
Strong ability to work under pressure
Strong ability to organize, and prioritize tasks with a good sense of time management
Advanced knowledge of Excel required

Responsibilities

Develop value added analyses to provide timely observations regarding GTN rates, adjustments and trends.
Support the team in moving towards more value-added analyses as the required calculations become more automated.
Estimate precise GTN rates for a business unit, considering non-recurring and new programs to help support the Company’s latest monthly and quarterly estimates.
Continue to enhance GTN SOX controls to increase efficiency by leveraging SOX compliance systems and reports during automation initiatives.
Partner with Net Revenue Management, Commercial, and Marketing teams to analyze and influence commercial contract proposals and incentives that may have revenue recognition implications.
Proactively deliver on all business unit reporting requirements for GTN.
Prepares monthly GTN revenue and liability results and performs account reconciliations.
Provides ad-hoc accounting support to the controller’s team outside of GTN.
Ensures timely and accurate reporting in accordance US GAAP accounting standards, Zoetis policies and procedures and all applicable laws and regulations.
Proactive advocate for corporate accounting & compliance responsibilities.
Responsible for supporting the closing process on a quarterly basis and supports audit reviews by the external auditors.
Prepares financial reporting for the BU and provides ongoing analysis of risks and opportunities, as well as ad-hoc analysis.
Ensures adequate systems and procedures are in place to provide controls, safeguarding of assets and the efficient execution of financial activities.
Ensures the timely reporting of all key GTN financial information to the business and corporate in compliance with the company’s requirements and standards.
Is an active member of the Finance community ensuring that the complex factors behind the analysis of the business are understood, and that the appropriate financial analysis, management analysis is provided to the leadership team proactively.