Revenue Accounting Director
4 weeks ago
Cytokinetics is a late-stage, specialty cardiovascular biopharmaceutical company focused on discovering, developing and commercializing first-in-class muscle activators and next-in-class muscle inhibitors as potential treatments for debilitating diseases in which cardiac muscle performance is compromised. As a leader in muscle biology and the mechanics of muscle performance, the company is developing small molecule drug candidates specifically engineered to impact myocardial muscle function and contractility.
Key Responsibilities:
- Lead and establish revenue recognition and accounts receivable policies for the company and be the subject matter expert in revenue-related matters.
- Review revenue related contracts and assess the accounting and reporting implications in accordance with ASC 606 and validate set ups in the appropriate systems to account for the respective contracts.
- Collaborate and support with various business partners, such as Contracting, Trade, Reimbursement, Sales and FP&A teams.
- Lead system and process development for revenue accounting with third party service providers for revenue, receivables and Gross-to-Net for first commercial launch.
- Reconcile Gross-To-Net (GTN) system setups as well as 3PL system and GTN system interfaces. Review claim processing data (chargeback, rebates, copay and others) to ensure accuracy and timeliness of claim data (unit and amount) and payments. Ensure SOX compliance in revenue and receivables accounting area.
- Lead the month-end and quarter-end revenue and receivables close process activities, including preparation and/or review of journal entries, data interface validation and account reconciliations and other required and ad hoc analyses.
- Draft technical accounting memos related to ASC 606. Assist in the preparation of SEC filings and interface with external auditors and RGP as needed. Ensure proper revenue recognition in accordance with applicable guidance and ensure consensus with external auditors.
- Handle specific ad-hoc projects as needed. Including technical accounting and SEC reporting issues outside of revenue.
Requirements:
- 8-10 years of public accounting experience with a total of 12-15 years of total accounting experience.
- Pharma revenue experience preferred.
- ERP experience.
- Excellent communication skills.
- CPA.
Salary Pay Range: $228,000-$252,000 USD
Cytokinetics is an Equal Opportunity Employer
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