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Accounts Receivable Manager

Date: Jul 12, 2019

Location: Parsippany, US, 07054

Company: Teva Pharmaceuticals

Company Info

Teva is a global pharmaceutical leader and the world’s largest generic medicines producer, committed to improving health and increasing access to quality health solutions worldwide.  Our employees are at the core of our success, with colleagues in over 80 countries delivering the world’s largest medicine cabinet to 200 million people every day. We offer a uniquely diverse portfolio of products and solutions for patients and we’ve built a promising pipeline centered around our core therapeutic areas.  We are continually developing patient-centric solutions and significantly growing both our generic and specialty medicines business through investment in research and development, marketing, business development and innovation.  This is how we improve health and enable people to live better, healthier lives.  Join us on our journey of growth!


Teva has moved their  North America Headquarters to Parsippany, NJ!  If you thrive in a unique and creative work environment that will nurture your professional development, we offer you the opportunity to accelerate your career growth. Be a part of the integrated innovation during this exciting time and be a part of TEVA’s NA HQ growth!  Our accounting and finance team is a critical part of TEVA’s business operationsYou will be a part of the collaboration that will help standardize our systems landscape and core business processes, revise our delivery model and extend our commercial capabilities with digital tools.   

This position is located in 400 Interpace Parkway Parsippany, NJ 07054, but will have to travel to our PA location for a portion of time.

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, 6% match on the 401(k), Employee Stock Purchase Plan, and Tuition Assistance.

Job Description

The Accounts Receivable Manager will manage and be accountable for the results of Invoice Collection and highly complex Deduction resolution activities for a portfolio of accounts in both the US and Canada markets along generic, specialty and OTC product lines. The AR Manager is responsible for defining team operating standards and ensuring that essential procedures related to collections and deductions are consistently followed.  The AR Manager will adapt the management of department plans and priorities, including the assignment, review and approval of staff assignments in order to address resource and operational challenges surrounding Invoice Collection, Deduction Resolution, and Revenue Recognition.  The AR Manager, under guidance from the Assoc. Dir. Accounts Receivable will providing training and direction as needed, including review and approval of net-outs, Auto Settlements, and Rebate Refunds within their approval tolerance


Manage and be held accountable for all associated operations and performance results related to the Invoice Collection, Deduction Resolution, and Revenue Recognition processes, including analysis and reporting, under guidance from Assoc. Dir A/R  and established policies and procedures.

Manage staff – recruitment, training, direction, objectives, performance reviews and improvement plans. Define staff operating standards and ensure policy compliance.

Troubleshoot, analyze, provide and implement solutions to issues, reconcile account differences and identify areas to improve efficiencies via automation to reduce or eliminate manual processes.

Responsible for meeting all month, and quarter end deadlines, including but not limited to the quarterly POD project. Adapt priorities and plans to address resource and /or operational challenges.

Other projects and duties as required/assigned.


7 years of related experience in the Pharmaceutical industry, at least 3 years in a supervisory capacity including Deductions and Chargebacks, Financial analysis and assigning credit limits

Bachelors Degree in Finance , Business or related discipline.

Advanced Excel skills (Pivot Tables, vlookup) required.

Solid knowledge of Oracle and SAP

Pharmaceutical Industry experience, specifically in the Customer Deductions area



Sub Function
Reports To

Associate Director Finance AR

Teva’s Equal Employment Opportunity Commitment
Teva Pharmaceuticals is committed to equal opportunity in employment. It is Teva's global policy that equal employment opportunity be provided without regard to age, race, creed, color, religion, sex, disability, pregnancy, medical condition, sexual orientation, gender identity or expression, ancestry, veteran status, national or ethnic origin or any other legally recognized status entitled to protection under applicable laws.

Nearest Major Market: New York City
Nearest Secondary Market: Newark