Senior Revenue Accountant
About The Position
Ultragenyx is seeking a Senior Accountant to join their team. This role involves strong ownership, judgment, and attention to detail in performing revenue accounting activities. The Senior Accountant will ensure compliance with GAAP, corporate policies, SOX requirements, and external audit standards. Key responsibilities include contributing to the monthly close process, preparing journal entries, account reconciliations, revenue analyses, and supporting financial statement reporting. The individual will also help develop and implement procedures and internal controls for an efficient, compliant, and scalable financial reporting environment. Ultragenyx's vision is to lead the future of rare disease medicine by challenging the status quo and creating a new model that advances the field. They are committed to caring for patients and their people, fostering a supportive and inclusive environment of learning and growth.
Requirements
- Minimum qualification of bachelor’s degree or equivalent
- 3+ years of experience in accounting
- Experience with ERP systems and revenue subledger tools preferred
- Public company, SOX, or external audit experience preferred
- CPA or CPA track preferred
- Advanced Excel, PowerPoint & Word
- Strong analytical skills
- Oracle, SAP, NetSuite, or similar ERP experience preferred
Nice To Haves
- Experience with pharmaceutical/biotech revenue models, such as product revenue, gross-to-net, rebates, chargebacks, distributor arrangements, returns reserves, and government pricing a plus.
Responsibilities
- Review of transactions for compliance with ASC-606 revenue standards
- Reconcile transactions issued by the supply chain team for multiple territories
- Perform revenue data analysis in revenue and accounts receivable and associated reserves
- Prepare and review gross-to-net accruals and related reserve analyses
- Support revenue recognition for product sales and collaboration arrangements
- Analyze chargebacks, rebates, returns, government pricing-related reserves, and other deductions from revenue
- Reconcile distributor, wholesaler, or third-party logistics activity to revenue and AR records
- Identify opportunities for automation to improve the speed and efficiency of the monthly revenue close
- Partner with cross-functional teams including finance, commercial, and various business owners on a variety of projects
- Perform and maintain assigned internal controls on a monthly basis
- Prepare journal entries, balance sheet reconciliations and flux analysis at month-end close
- Participate in revenue accounting projects, including system enhancements, process improvements, automation initiatives, and implementation of new business models or contract arrangements
- Support external audit requirements related to specific areas of responsibility
- Assist in financial reporting during the month-end close process
- Analyze/prepare aging reports and perform collection efforts as needed
Benefits
- Generous vacation time and public holidays observed by the company
- Volunteer days
- Long term incentive and Employee stock purchase plans or equivalent offerings
- Employee wellbeing benefits
- Fitness reimbursement
- Tuition sponsoring
- Professional development plans
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What This Job Offers
Job Type
Full-time
Career Level
Senior
