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Director Gross to Net Accounting Generics Brands

2 months ago

Parsippany, United States Tevapharm Full time

Press Tab to Move to Skip to Content Link Select how often (in days) to receive an alert: Select how often (in days) to receive an alert: Director Revenue Accounting Generics Brands

Date:

May 1, 2024 Location:

Parsippany, United States, New Jersey, 07054

Job Id:

55088 Who we are

Together, 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 opportunity

The Director, Revenue Accounting – Generic Brands, will lead the US Generics Revenue Accounting Team reporting to the Sr. Director of Revenue Accounting. The Director of Revenue Accounting will manage a team with ownership of monthly and quarterly accounting processes for all US Generic product revenues, delivering close results accurately and timely, supporting quarterly and annual audit requirements and promoting and maintaining a strong control environment. This role will participate, and support forecasting and budgeting processes specifically focused on understanding 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 with a goal of developing team members and collaborating with our 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 • Oversee 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 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 • 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 • Expand the use of and engagement in reporting tools to improve efficiency • Opportunities to collaborate and support efforts in other areas of business

Your experience and qualifications

Position Requirements Education Required: Bachelor’s degree in Accounting or related field Education Preferred CPA License or MBA Experience Required: Minimum 8+ years progressive accounting experience Pharmaceutical Industry Experience Prior revenue accounting experience Prior supervisory experience Excellent communication and organizational skills Experience Preferred: Experience with SAP ERP Modules Specialized or Technical Knowledge Licenses, Certifications needed: Knowledge and experience in application of US GAAP Organization and Planning • Demonstrates good organization and planning skills and strong attention to detail • Demonstrates the ability to effectively manage multiple tasks and priorities in a fast-paced environment • Should be self-motivated and possess a willingness to acquire new skills as well as an ability to teach others. • Demonstrates good work ethic and the ability to meet deadlines Technical • Demonstrates strong knowledge of US GAAP and solid accounting skills • Demonstrates proficiency in financial analysis, reporting and interpretation of data • Uses good analytical and data interpretation skills to analyze and resolve complex financial problems • Ability to analyze problems, actively strategize to resolve such problems, solid organization skills, and a proven track record of process improvement and standardization Communication • Excellent oral and written presentation skills and executive presence • Maintains strict confidentiality • Timely communication; keeps others informed of decisions, changes, objectives, priorities and accomplishments • Shares ideas and suggestions and solicits suggestions from others • Uses well-organized, timely and effective oral and written communication skills • Ensures prompt responses and follow-up to recommendations and opportunities Interpersonal • Strong team player that has customer service approach and is solution oriented • Demonstrates the ability to lead a team and handle personnel issues as they arise. • Plays a key role in troubleshooting and deals positively with conflict through open communication Leadership • Demonstrates the ability to evaluate employee performance, coach and counsel behavior appropriately, and develop staff effectively. • Demonstrates the ability to gain cooperation and alignment • Demonstrates appropriate judgment and ability to make sound decisions in keeping with the company’s philosophy and values • Creates an environment that encourages ownership, accountability, teamwork and motivation • Is adaptable to company and/or industry changes • Takes initiative; anticipates and removes potential barriers to completion of projects • Leads, mentors and delegates to staff • Demonstrates team approach by providing support to others in and outside the department • Builds team commitment to goals and objectives cross-functionally

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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Internal Career Site The internal career site is available from your home network as well. If you have trouble accessing your EC account, please contact your local HR/IT partner. 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. We are committed to a diverse and inclusive workplace for all. If you are contacted for a job opportunity, 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.

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