Pharmaceutical Accounting Specialist

2 weeks ago


Bartlett, Texas, United States Generic Pharmaceutical Distributor Full time

We are seeking a skilled Pharmaceutical Accounting Specialist to join our team at a Generic Pharmaceutical Distributor based in the Memphis area. The estimated salary for this role is $65,000 - $85,000 per year.

About the Role

The Pharmaceutical Accounting Specialist will be responsible for providing accounting support to the finance team, including general ledger account maintenance, financial reporting, and budgeting. Key responsibilities include:

  • Maintaining rebate accounting, including SMS module of ERP system and vendor rebate agreements;
  • Reconciling rebate accruals to vendor payments, including corresponding with vendors;
  • Preparing and paying monthly gross receipts and CAT tax returns for various states;
  • Preparing monthly reconciliation and account analysis of balance sheet and income statement accounts;
  • Proposing General Journal entries as necessary based on results of reconciliations;
  • Assisting with maintaining policies and procedures and records in accordance with company guidelines;
  • Actively participating in the month-end close process, including assisting in preparing financial statement package;
  • Preparing and analyzing the monthly departmental budget/forecast to actual variance report;
  • Assisting with the annual financial audit and any other audits as applicable;
  • Assisting with annual budget process;
  • Maintaining monthly analysis of Accounts Receivable Aging and Collection Accounts;
  • Preparing the Projected and Ranking Report (daily).

Requirements:

  • Bachelor's Degree in Accounting or related field;
  • Three (3) or more years of experience in general accounting;
  • Strong oral and written communication skills;
  • Experience working with financial reporting software a plus;
  • Proficient level of professional skill and/or knowledge in accounting, including keeping current with developments and trends.


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