Director, Revenue Accounting (Gross to Net) - Hybrid
Parsippany, United States, New Jersey, 07054
Who we are
The opportunity
The Director, Revenue Accounting – Generic Brands, will manage a team with ownership of monthly and quarterly accounting processes for all US Generic products revenues, delivering close results accurately and timely, supporting quarterly and annual audit requirements, promoting and maintaining a strong control environment.
This role will participate, and support forecasting and budgeting processes specifically focused on understanding of Gross to Net estimates and liabilities for existing and future products. In addition to key accounting deliverables this role will also develop the efficiency and accuracy of accounting operations of daily revenue reporting and supporting commercial management requests needed to properly evaluate product profitability.
The Director of Revenue Accounting is a leadership position within the Accounting Department reporting to the Sr. Director of Revenue Accounting with a goal of developing team members and collaborating with the business partners in Accounting, Finance, Commercial Operations, Customer Administration, and Pricing.
A successful candidate will have technical competence and experience in product revenue accounting and analytics, compliance and operational experience and team management.
How you’ll spend your day
Essential Duties & Responsibilities
• Lead Generics GTN team in the preparation and review of accounting close activities including the review of new contracts, complex account reconciliations, quarterly analytics and controls
• Responsible for analysis of sales reserves - on-going and formalized month-end / quarter-end basis.
• Support continuous improvement of the efficiency and accuracy of internal reporting measures including daily sales scorecard/flash, monthly/quarterly revenue analytics and profitability reporting
• Primary contact for financial planning leads in providing forecasted and actual data related to gross to net reserves for Generics products
• Support external reporting and audit requirements
• Support internal business requests for product performance analytics
• Drive continuous development of tools to drive efficiency and promote scalability as it relates to issue identification and resolution in day-to-day operations of internal reporting
• Opportunities to collaborate and support efforts in other areas of business
Note: This is a hybrid role requiring the selected candidate to work onsite in Parsippany 2-3 days per week.
Your experience and qualifications
Education Required:
• Bachelor’s degree in accounting or related field
Experience Required:
• Minimum 8+ years progressive accounting experience
• Prior Gross to Net accounting experience
• Prior supervisory experience (minimum 5+ years)
Excellent communication and organizational skills
Ability to think strategically and interact with senior leadership and external auditors
Education Preferred:
• CPA License or MBA
Experience Preferred:
• Prior Pharmaceutical Industry experience
• Experience with SAP ERP Modules
Specialized or Technical Knowledge Licenses, Certifications needed:
• Knowledge and experience in application of US GAAP
Enjoy a more rewarding choice
We are strengthening and adding to our critical teams with great talent and capabilities: Teva, a global organization with a brand of evolving success. Be part of it!
We offer a competitive benefits package, including Medical, Dental, Vision, and Prescription coverage starting on the first day. We also offer Disability and Life Insurance, Paid Time Off, Paid Holidays, 6% match on the 401(k), Employee Stock Purchase Plan, and Tuition Assistance.
Already Working @TEVA?
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