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Director, Finance
3 months ago
Travere Therapeutics
Director, Finance
Denver ,
Colorado
Apply Now
Be a part of a global team that is inspired to make a difference in the livesof people living with rare disease.
At Travere Therapeutics, we recognize that our exceptional employees arevital to our success. We are a dedicated team focused on meeting the uniqueneeds of rare patients.Our work is rewarding - both professionally andpersonally - because we are making a difference. We are passionate about whatwe do.
We are seeking talented individuals who will thrive in our collaborative,diverse, fast-paced environment and share in our mission - to identify,develop and deliver life-changing therapies to people living with raredisease. We stick by our values centered on patients, courage,community, and collaboration to pursue our vision of becoming a leadingbiopharmaceutical company dedicated to the delivery of innovation and hope topatients in the global rare disease community.
At Travere Therapeutics, we are in rare for life. We continue tocourageously forge new paths as we move toward a common goal of elevatingscience and service for rare patients.
Position Summary:The Director, Finance will oversee complex revenue accounting and reportingactivities within Accounting and Finance, ensure compliance withSarbanes-Oxley ("SOX"), ensure timely and accurate consolidation ofTravere Therapeutics' subsidiaries, and oversee all intercompany transactions.
Responsibilities:Ensure accurate and timely revenue recognition in accordance with ASC 606standards.Performs monthly revenue accounting, including determining gross-to-netadjustments and preforming revenue and accounts receivable journal entries andaccount reconciliations.Provide leadership and guidance on complex revenue transactions and contractreviews.Develop and maintain strong internal controls over the revenue accountingprocesses.Prepare and present comprehensive financial reports related to revenue.Stay abreast of industry changes in revenue accounting standards and implementnecessary updates to company practices.Collaborate with external auditors during the annual audit and quarterlyreviews.Provide leadership for the international accounting team and ensureconsolidation and statutory financial statements are completed timely andaccurately.Support SEC reporting team in the preparation of 10-Q, 10-K, and ProxyPrepare and review journal entries account reconciliations to support theaccounting close and reporting as appropriate.Be a valued business partner to IR, FP&A, Legal Commercial, and Taxfor revenue reporting considerations, external reporting, andinternational considerations.Collaborate with cross-functional teams to streamline accounting processes.Provides quality control support in the review of monthly Company equity planactivity.Prepares annual SOX scoping analysis and facilitates SOX testing process incoordination with 3rd party SOX consultants.
Education/Experience Requirements:Bachelor's degree in accounting or relevant discipline; CPA and Big 4experience strongly preferred.Minimum of 10 years relevant work experience in ASC 606 revenue reportingrequirements, pharmaceutical commercial revenue recognition, andinternational accountingInternational consolidation process and working with multiple currencies,statutory accounts and IFRS within an ERP system.Strong understanding of US GAAP and SEC reporting requirementsStrong understanding of SOX/ internal controlsMorgan Stanley/ E*TRADE Equity Edge stock administration platform, JDE,Adaptive and Workiva experience a plus10 of years' experience required in Biotech or Pharmaceutical industry.
Additional Skills/Experience/Requirements:The ideal candidate will embody Travere's core values: Courage,Community Spirit, Patient Focus and Teamwork.Demonstrated working knowledge of ERP consolidation and elimination process,currency translation ad ustment and revaluation entries.Knowledge of US GAAP including foreign currency translation accountingrequirements, ASC 830Understanding of general tax concepts relating to international subsidiariessuch as transfer pricing, "substance," VAT.Advanced proficiency in Word, Excel, PowerPoint, and OutlookEffective communication across all levels of the organization and withexternal service providersStrong leadership and people development experience.Knowledge of ERP systems and reporting toolsEffective organizational and critical thinking skills with the ability toset-up, automate and track data and information.Strong professional experience in a similar role within the pharmaceuticalindustry.Strong organization skills with the ability to multitask, prioritize, andmanage shifting responsibilities in a dynamic, cross-functional teamworkenvironment.Excellent collaboration skills with strong attention to detail and the abilityto multi-task and manage complexity.Strong interpersonal and organizational skills and excellent verbal andwritten communication skills are required.
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