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Director, Finance

1 month ago

Grove City, United States Travere Therapeutics, Inc. Full time

Department: 101020 Finance Location: USA- Remote Be a part of a global team that is inspired to make a difference in the lives of people living with rare disease. At Travere Therapeutics, we recognize that our exceptional employees are vital to our success. We are a dedicated team focused on meeting the unique needs of rare patients.Our work is rewarding - both professionally and personally - because we are making a difference. We are passionate about what we 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 rare disease. We stick by our values centered on patients, courage, community, and collaboration to pursue our vision of becoming a leading biopharmaceutical company dedicated to the delivery of innovation and hope to patients in the global rare disease community. At Travere Therapeutics, we are in rare for life. We continue to courageously forge new paths as we move toward a common goal of elevating science and service for rare patients. Position Summary: The Director, Finance will oversee complex revenue accounting and reporting activities within Accounting and Finance, ensure compliance with Sarbanes-Oxley ("SOX"), ensure timely and accurate consolidation of Travere Therapeutics' subsidiaries, and oversee all intercompany transactions. Responsibilities: Ensure accurate and timely revenue recognition in accordance with ASC 606 standards. Performs monthly revenue accounting, including determining gross-to-net adjustments and preforming revenue and accounts receivable journal entries and account reconciliations. Provide leadership and guidance on complex revenue transactions and contract reviews. Develop and maintain strong internal controls over the revenue accounting processes. Prepare and present comprehensive financial reports related to revenue. Stay abreast of industry changes in revenue accounting standards and implement necessary updates to company practices. Collaborate with external auditors during the annual audit and quarterly reviews. Provide leadership for the international accounting team and ensure consolidation and statutory financial statements are completed timely and accurately. Support SEC reporting team in the preparation of 10-Q, 10-K, and Proxy Prepare and review journal entries account reconciliations to support the accounting close and reporting as appropriate. Be a valued business partner to IR, FP&A, Legal Commercial, and Tax for revenue reporting considerations, external reporting, and international considerations. Collaborate with cross-functional teams to streamline accounting processes. Provides quality control support in the review of monthly Company equity plan activity. Prepares annual SOX scoping analysis and facilitates SOX testing process in coordination with 3rd party SOX consultants. Education/Experience Requirements: Bachelor's degree in accounting or relevant discipline; CPA and Big 4 experience strongly preferred. Minimum of 10 years relevant work experience in ASC 606 revenue reporting requirements, pharmaceutical commercial revenue recognition, and international accounting International consolidation process and working with multiple currencies, statutory accounts and IFRS within an ERP system. Strong understanding of US GAAP and SEC reporting requirements Strong understanding of SOX/ internal controls Morgan Stanley/ E*TRADE Equity Edge stock administration platform, JDE, Adaptive and Workiva experience a plus 10 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 knowl