Senior Director, Revenue and Cost Accounting

Geron Corporation•Parsippany-Troy Hills, NJ

2d•Hybrid

About The Position

The Senior Director of Revenue and Cost Accounting will play a critical role in scaling processes, strengthening internal controls, and supporting the Company’s continued commercial growth. This position will have periodic meetings in the Parsippany, NJ headquarters and will be reporting to the Vice President, Finance, Controller, and Chief Accounting Officer.

Requirements

Deep expertise in ASC 606 and GTN accounting, as well as inventory and COGS accounting, in a commercial environment
Advanced proficiency in financial systems (NetSuite, SAP, Oracle or similar) and Excel
Strong knowledge of SOX compliance and internal controls
Deep expertise in manufacturing cost accounting, including weighted average costing, inventory accounting, and cost forecasting
Ability to work with external auditors and internal SOX teams
Exceptional written and verbal communication skills
Proven ability to operate in a fast-paced, commercial-stage environment
Strong leadership, communication, and cross-functional collaboration skills
Ability to influence cross-functional stakeholders
Strategic thinking skills with strong technical accounting expertise
Attention to detail and commitment to accuracy
Process-oriented with a continuous improvement mindset
Strong analytical and problem-solving skills
Bachelor's degree in Accounting or Finance-related field; CPA strongly preferred
12 years of progressive accounting experience, with significant focus on revenue recognition and inventory costing
Prior experience in a public company and life sciences/biotech or pharmaceutical industry required
Experience in product launches and global expansion, strongly preferred
Experience supporting SEC reporting (10-K, 10-Q)
Strong previous CMC experience working closely with manufacturing teams within the biotechnology/pharmaceutical industry
Proven experience managing external consultants or outsourced service providers, preferably in GTN
Modeling of Bill of Materials and inventory forecasting experience

Nice To Haves

CPA strongly preferred
Experience in product launches and global expansion, strongly preferred

Responsibilities

Lead the end-to-end revenue accounting process, including product sales, licensing, and collaboration arrangements, as applicable
Ensure accurate application of ASC 606 across all revenue streams
Oversee gross-to-net (GTN) estimates, including rebates, chargebacks, returns, copay assistance, and distribution fees
Oversee and manage external G2N consultants, including scope definition and deliverables, review and challenge of assumptions and methodologies, performance monitoring, and cost management
Ensure alignment between internal teams and external partners on data inputs, assumptions, and reporting outputs
Partner with Market Access and Commercial teams as well as external consultants to analyze trends and refine GTN assumptions and projections
Oversee monthly, quarterly, and annual revenue close processes, including journal entries, reconciliations, and analytics
Oversee all aspects of inventory accounting, including raw materials, work-in-process (WIP), and finished goods
Ensure accurate and timely monthly, quarterly, and annual close processes related to inventory and cost of goods sold (COGS)
Maintain compliance with U.S. GAAP, including inventory costing, variance analysis, and inventory reserves (e.g., excess and obsolete assessments)
Own average cost development, updates, and variance analysis across products and manufacturing sites
Partner with Manufacturing & Supply Chain to analyze cost drivers and improve gross margins
Support procurement, forecasting, and budgeting processes related to inventory and COGS
Make final decisions on cost accounting implementations and drive continuous improvement initiatives
Ensure compliance with SOX 404 requirements, including design and execution of internal controls over revenue and inventory
Maintain robust documentation of accounting policies and procedures