Principal Accountant, Revenue
2 days ago
Principal Revenue Accountant
Position Summary
Catalent is a global, high-growth, public company and a leading partner for the pharmaceutical industry in the development and manufacturing of new treatments for patients worldwide. Your talents, ideas, and passion are essential to our mission: to help people live better, healthier lives.
Catalent’s Bloomington location provides drug substance manufacturing, drug product manufacturing, and related pharmaceutical services. This award-winning facility helps customers accelerate biologic drug development programs and bring better treatments to patients.
The Principal Revenue Accountant’s primary to ensure the accurate and timely reporting of multiple revenue streams. The position will also work closely with Commercial Operations and Supply Chain to ensure business continuity.
This is a fulltime role working days; Monday – Friday.
This role offers a sign on bonus of $7,500
Catalent is committed to a Patient First culture through excellence in quality and compliance, and to the safety of every patient, consumer and Catalent employee.
The Role
- Partner with the business to assist in the review of sales agreements and contracts to assess the revenue recognition impact
- Experience with revenue recognition applying GAAP/ASC 606 principles
- Ability to identify and understand performance obligations associated with revenue recognition
- Ability to calculate and publish month-end revenue recognition with proper back up
- Partner with corporate controlling and internal audit in the management of financial accounting policies and procedures related to revenue recognition and internal controls for the Bloomington site
- Review current revenue recognition processes/procedures and implement process improvements to improve efficiency and timeliness of the close and reporting
- Direct ownership and accountability for the accuracy and integrity of the reported revenue
- Complete required ASC 606 check list for all new sales agreements/contracts
- Complete assigned month-end journal entries and account reconciliations
- Ensures accuracy of accounting records in accordance with Generally Accepted Accounting Principles (GAAP), company policies and procedures
- Assist in monthly and quarterly financial reporting packages
- Assist in month-end reporting and ad hoc analysis.
The Candidate
- Bachelor’s degree required; Bachelor’s degree in Accounting, highly preferred
- 8+ years of relevant work experience, preferably a SOX compliant company
- Advanced ability to gather, monitor, analyze and document data
- Advanced PC skills, including advanced spreadsheet functions (e.g. Pivot Tables, Lookups, Formulas)
- Superior analytical and problem-solving skills
- Pharmaceutical industry experience preferred
Why You Should Join Catalent
- Competitive medical benefits and 401K
- 152 hours of PTO + 8 Paid Holidays
- Dynamic, fast-paced work environment
- Opportunity to work on Continuous Improvement Processes
Catalent offers rewarding opportunities to further your career Join the global drug development and delivery leader and help us bring over 7,000 life-saving and life-enhancing products to patients around the world. Catalent is an exciting and growing international company where employees work directly with pharma, biopharma and consumer health companies of all sizes to advance new medicines from early development to clinical trials and to the market. Catalent produces more than 70 billion doses per year, and each one will be used by someone who is counting on us. Join us in making a difference.
personal initiative. dynamic pace. meaningful work.
Visit Catalent Careers to explore career opportunities.
Catalent is an Equal Opportunity Employer, including disability and veterans.
If you require reasonable accommodation for any part of the application or hiring process due to a disability, you may submit your request by sending an email, and confirming your request for an accommodation and include the job number, title and location to DisabilityAccommodations@catalent.com. This option is reserved for individuals who require accommodation due to a disability. Information received will be processed by a U.S. Catalent employee and then routed to a local recruiter who will provide assistance to ensure appropriate consideration in the application or hiring process.
Notice to Agency and Search Firm Representatives: Catalent Pharma Solutions (Catalent) is not accepting unsolicited resumes from agencies and/or search firms for this job posting. Resumes submitted to any Catalent employee by a third party agency and/or search firm without a valid written & signed search agreement, will become the sole property of Catalent. No fee will be paid if a candidate is hired for this position as a result of an unsolicited agency or search firm referral. Thank you.
Important Security Notice to U.S. Job Seekers:
Catalent NEVER asks candidates to provide any type of payment, bank details, photocopies of identification, social security number or other highly sensitive personal information during the offer process, and we NEVER do so via email or social media. If you receive any such request, DO NOT respond— it is a fraudulent request. Please forward such requests to spam@catalent.com for us to investigate with local authorities.
California Job Seekers can find our California Job Applicant Notice HERE.
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