Sr. Revenue Accountant

Cormedix • Berkeley Heights, NJ

303d

About The Position

The Senior Revenue Accountant provides operational support to the Finance team by leading the Gross to Net function and assisting with timely and accurate maintenance and completion of financial closing activities in accordance, and in compliance, with Generally Accepted Accounting Principles (GAAP). The qualified candidate assists with sales reporting, gross to net analysis and other general and/or daily Finance activities including, but not limited to journal entries, account reconciliations, etc., to support department operations and analysis.

Requirements

• Bachelor's degree in accounting, finance or related business discipline - REQUIRED.
• Experience specific to Revenue and Gross-to-Net Accounting.
• Working knowledge of general accounting principles, practices, methods, and analysis - REQUIRED.
• Proficiency with Microsoft Office (including excellent Excel skills) - REQUIRED.
• Advance Excel Skills - REQUIRED.
• Public Accounting audit experience - PREFERRED.
• Experience in gross-to-net sales analysis and calculations - REQUIRED.
• Knowledge of ERP systems - PREFERRED.

Nice To Haves

• Pharmaceutical (ideally) or healthcare industry experience is highly preferred.
• Excellent people management and interpersonal skills.
• Occasional domestic travel may be required.

Responsibilities

• Support the gross-to-net financial close process including but not limited to rate calculations, reserve adjustments and other financial analysis.
• Perform analysis of sales, returns, Medicaid data, Managed Care data, chargebacks, wholesaler inventories & fees, voucher programs and other data to ensure accuracy and appropriate reserves as directed by the Director of Revenue.
• Monitor the CorMedix Accounts Receivable aging on a regular basis, focusing on Debit and Credit memos recorded subsequent to customer invoices.
• Resolve lingering Debit/Credit memos instances in the A/R aging with Cardinal 3PL/SPS.
• Monitor & resolve chargeback related issues in a timely fashion.
• Monitor & resolve return processing related issues.
• Prepare month end revenue/cash posting entries and reconcile activity with Cardinal 3PL/SPS.
• Support improvement of internal controls and efforts to automate and streamline processes to ensure accurate and timely reporting of the Company's Financials.
• Provide payment and/or deduction details for the month-end close to IntegriChain for reconciliation of Balance Sheet reserves.
• Together with Finance team, work with external auditors to provide required schedules and support for the interim and annual audits.
• Prepare monthly and quarterly Revenue schedules such as net sales reports to facilitate Financial Reporting.
• Perform ad hoc reporting and analysis as needed.
• Reconcile Fee for Service invoices, coordinate approval and credit memo/payment issuance.
• Monitor customer related cash GTN accounts after period-end and have a good understanding of the balance sheet reserve movement and balances.
• Ensure monthly CorMedix gross-to-net general ledger accounts are reconciled with IntegriChain without exception.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Administrative and Support Services
• Education Level: Bachelor's degree