Head of Gross-to-Net Financial Operations
1 week ago
Position Summary:
We are in search of a Director of Gross-to-Net Accounting to lead a dedicated team responsible for the comprehensive management of monthly and quarterly financial processes related to product revenues. This pivotal role is essential for ensuring the precision and promptness of financial closures, adhering to audit requirements, and fostering a robust internal control framework.
The selected candidate will actively engage in forecasting and budgeting initiatives, concentrating on Gross to Net projections and liabilities associated with both existing and upcoming products. Furthermore, this position will spearhead enhancements in the accuracy and efficiency of daily revenue reporting while collaborating with commercial management to assess product profitability.
The Director of Gross-to-Net Accounting will report directly to the Senior Director of Revenue Accounting and will play a crucial role in mentoring team members and partnering with various departments, including Finance, Commercial Operations, Customer Administration, and Pricing. The ideal candidate should demonstrate strong technical knowledge in revenue accounting, experience in compliance and operational functions, along with proven leadership capabilities.
Key Responsibilities- Supervise and evaluate accounting close activities, including contract assessments, account reconciliations, and quarterly evaluations.
- Oversee the analysis of sales reserves, ensuring precision in month-end and quarter-end procedures.
- Improve the efficiency of internal reporting, encompassing daily sales metrics, monthly and quarterly revenue assessments, and profitability reports.
- Act as the primary liaison for financial planning teams, supplying data on gross-to-net reserves.
- Facilitate external audit and reporting obligations.
- Respond to internal inquiries regarding product performance analytics.
- Lead ongoing improvement initiatives to optimize processes and enhance scalability in internal reporting operations.
- Collaborate with other business sectors on diverse initiatives.
Education:
- Required: Bachelor’s degree in Accounting or a related field.
- Preferred: CPA certification or an MBA.
Experience:
- Required: A minimum of 8 years of progressive experience in accounting, including at least 5 years in a leadership capacity, with specific expertise in Gross to Net accounting.
- Preferred: Experience within the pharmaceutical sector and familiarity with SAP ERP systems.
Skills:
- Exceptional leadership, communication, and organizational abilities.
- Strategic mindset with the capacity to engage with senior leadership and external auditors.
- Proficient in applying US GAAP principles.
Salary Range: $180k - $200k
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