Associate Director, Revenue Accounting
2 weeks ago
Associate Director, Revenue Accounting - Innovative Medicine and BiosimilarsTogether, we're on a mission to make good health more affordable and accessible, to help millions around the world enjoy healthier lives. It's a mission that bonds our people across nearly 60 countries and a rich, diverse variety of nationalities and backgrounds. Working here means working with the world's leading manufacturer of generic medicines, and the proud producer of many of the products on the World Health Organization's Essential Medicines List. Today, at least 200 million people around the world take one of our medicines every single day. An amazing number, but we're always looking for new ways to continue making a difference, and new people to make a difference with.The OpportunityWe are seeking a strategic and detail-oriented Associate Director of Revenue Accounting to support revenue accounting operations for our U.S. Innovative Medicines and Biosimilars portfolio. This role is critical in ensuring accurate and timely financial close processes, maintaining a strong control environment, and supporting forecasting and budgeting efforts related to Gross to Net (GTN) estimates and liabilities. You will collaborate cross-functionally to enhance daily revenue reporting, support commercial decision-making, and drive continuous improvement in analytics and operational efficiency.How You'll Spend Your DayKey Responsibilities:Support monthly and quarterly close activities for product revenue, ensuring compliance with US GAAP and internal policies.Analyze complex contracts, account reconciliations, and GTN reserves including accruals for Managed Care and other rebates, chargebacks, returns, Medicaid, and other commercial programs.Partner with Forecasting, Commercial Operations, Value Access and AR teams to ensure completeness and accuracy of GTN-related accounting.Support timely and insightful revenue analytics, flash reports to support business decisions.Develop and maintain financial models to support GTN forecasting, sensitivity analysis, and scenario planning.Leverage automation tools and technologies to improve data accuracy, reduce manual effort, and enhance reporting capabilities.Analyze validation of sales data including wholesaler inventory, in-transit shipments, and returns.Support external audit and reporting requirements, including receivables factoring and compliance documentation.Collaborate with other accounting teams, including Generics Revenue and Alliance Accounting, on cross-functional initiatives.Who You AreYou are a collaborative contributor with a strong technical accounting foundation and a strategic mindset. You thrive in dynamic environments, enjoy solving complex problems, and comfortable influencing across functions and engaging with senior stakeholders.Why Join Us?Leadership & Growth: Play a key role in shaping the future of revenue accounting.Cross-Functional Collaboration: Partner with diverse teams to drive strategic decisions.Innovation & Impact: Build scalable solutions and deliver insights that matter.Flexibility: Enjoy a hybrid work model with 23 days onsite in Parsippany.Your Experience and QualificationsAny equivalent combination of education, training, and/or experience that fulfills the requirements of the position will be considered.Required:Bachelor's degree in Accounting or related field.Minimum 5 years of progressive accounting experience, including Gross to Net.Strong communication, analytical, and organizational skills.Proven ability to work with senior leadership and external auditors.Preferred:CPA or MBA.Pharmaceutical industry experience.Experience with SAP ERP systems, financial modeling and automation tools (Alteryx, Power BI, Power Automate).Deep understanding of US GAAP and pharmaceutical revenue recognition.Compensation DataThe annual starting salary for this position is between $141,000 $177,000 annually. Factors which may affect starting salary within this range and level of role may include geography/market, skills, education, experience and other qualifications of the successful candidate.Enjoy a More Rewarding ChoiceWe offer a competitive benefits package, including:Comprehensive Health Insurance: Medical, Dental, Vision, and Prescription coverage starting on the first day of employment, providing the employee enrolls.Retirement Savings: 401(k) with employer match, up to 6% and an annual 3.75% Defined Contribution to the 401k plan.Time Off: Paid Time Off including vacation, sick/safe time, caretaker time and holidays.Life and Disability Protection: Company paid Life and Disability insurance.Additional benefits include, but are not limited to, Employee Assistance Program, Employee Stock Purchase Plan, Tuition Assistance, Flexible Spending Accounts, Health Savings Account, Life Style Spending Account, Volunteer Time Off, Paid Parental Leave, if eligible, Family Building Benefits, Virtual Physical Therapy, Accident, Critical Illness and Hospital Indemnity Insurances, Identity Theft Protection, Legal Plan, Voluntary Life Insurance and Long Term Disability and more.Teva's Equal Employment Opportunity CommitmentTeva Pharmaceuticals is committed to equal opportunity in employment. It is Teva's policy that equal employment opportunity be provided without regard to age, race, creed, color, religion, sex, disability, pregnancy, medical condition, genetic information, marital status, sexual orientation, gender identity or expression, ancestry, national or ethnic origin, citizenship status, military status or status as a disabled or protected veteran, or any legally recognized status entitled to protection under applicable federal, state, or local laws. Please advise us of any accommodations needed to support you throughout the recruitment and selection process. All accommodation information provided will be treated as confidential and used only for the purpose of providing an accessible candidate experience. Request a reasonable accommodation by sending an email to disabilityassistance@tevapharm.com with the nature of your request and your contact information.Important Notice to Employment Agencies - Please Read CarefullyTeva Pharmaceuticals USA does not accept unsolicited assistance from agencies for employment opportunities. All CVs / resumes submitted by search firms to any employee at our company without a valid written search agreement in place for this position will be deemed the sole property of our company. No fee will be paid in the event a candidate is hired by our company as a result of an agency referral where no pre-existing agreement is in place. Where agency agreements are in place, introductions are position specific. Please, no phone calls or emails.
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