- Location: Remote , CA
- Type: Direct Hire
- Job #27601
Our client is seeking a Senior Accountant to support the gross-to-net and revenue accounting functions, including pricing, revenue reporting, and accounts receivable management. This is a full-time role that offers a blend of recurring responsibilities and project-based work, reporting directly to the Manager, Revenue Accounting.
Why Consider This Role?
- Remote-First Flexibility: Join a company that supports a remote-first workforce.
- Work-Life Balance: Minimal overtime expectations in a employee-focused work environment.
- Experienced Leadership: Work alongside an executive team with a proven track record and well-established relationships across their industry.
- Strategic Growth Model: Be part of a company that takes a focused, disciplined approach to growth.
Responsibilities:
- Oversee revenue recognition for products, services, and contracts, ensuring compliance with ASC 606 and industry-specific guidelines.
- Review and assess complex contracts (e.g., sales agreements, distribution agreements, government contracts such as Medicaid and Medicare) to determine proper revenue recognition timing and method.
- Manage revenue recognition from product sales, royalties, licensing agreements, milestone payments, and collaborative arrangements.
- Track and account for rebates, chargebacks, returns, and discounts to ensure accurate application in accordance with contractual obligations and regulatory requirements.
- Ensure accurate accounting for bundled arrangements and multi-element performance obligations.
- Prepare monthly, quarterly, and annual revenue reports aligned with internal and external reporting requirements.
- Conduct detailed variance analysis to identify revenue trends and discrepancies.
- Manage accounts receivable, including estimating the allowance for doubtful accounts.
- Reconcile revenue accounts and ensure compliance with US GAAP and industry-specific regulations.
- Develop and maintain policies, procedures, and internal controls to ensure compliance with revenue recognition standards and pricing regulations.
- Support audit processes by providing necessary documentation and analysis.
- Monitor changes in pharmaceutical industry regulations and adjust revenue practices accordingly.
- Ensure proper accounting treatment for product recalls, government rebates, and other unique industry challenges.
- Collaborate cross-functionally across departments to support business initiatives.
- Contribute to the development of sales forecasts and pricing models, especially in complex arrangements.
- Assist with ad hoc reporting, financial analysis, and projects as required by management.
- Support continuous improvement of financial systems and processes with a focus on automation, efficiency, and accuracy.
Minimum Qualifications
- Bachelor’s degree in accounting or finance.
- 5 years of prior accounting experience.
- 2 years of prior accounting experience focused on revenue recognition in the pharmaceutical, healthcare or technology industry.
- Strong knowledge of ASC 606 and US GAAP.
- Advanced proficiency in Microsoft Excel
Preferred Qualifications
- Active CPA or working towards CPA completion.
- Proficient in NetSuite, Oracle or related cloud-based ERP.
- Prior public accounting experience.
- Knowledge of government pricing rules and pharmaceutical industry regulations.
- Experience in a high-growth environment.
- Experience collaborating with cross-functional teams.
- Adaptability and motivation to learn and grow within the organization.
- Excellent analytical and problem-solving capabilities.
*The above represents the lowest to highest expected salary range for this job opening. Our client ultimately may pay more or less than the posted salary range, and the salary range may be modified in the future. Our client will consider job-related factors including, but not limited to, education, qualifications, certifications, experience, skills, geographic location, and business or organizational needs when determining pay.
Non-base compensation: Employees may be eligible for discretionary bonuses, dependent upon performance.
Benefits: Employees are covered by medical, dental, vision and life insurance. Employees are able to enroll in the company’s 401k plan. Employees will also accrue time off annually and receive paid holidays throughout the calendar year.