Senior Manager, Technical Accounting

Celgene   •  

Summit, NJ

Industry: Biotech/Pharma


5 - 7 years

Posted 346 days ago

This job is no longer available.

Req #: 17000907

Celgene is a global biopharmaceutical company leading the way in medical innovation to help patients live longer, better lives. Our purpose as a company is to discover and develop therapies that will change the course of human health.  We value our passion for patients, quest for innovation, spirit of independence and love of challenge. With a presence in more than 70 countries - and growing - we look for talented people to grow our business, advance our science and contribute to our unique culture.

Senior Manager, Technical Accounting is a member of the Finance organization who will work closely with key stakeholders to provide accounting support related to licensing and other M&A transactions, develop and communicate global corporate accounting policies and support the external reporting and accounting operations groups. The position will report to the Director of Technical Accounting and will also assist in providing thought leadership and current best practices surrounding technical accounting issues globally.

Responsibilities will include, but are not limited to, the following:

•Provide advice on the accounting treatment and structures related to licensing and other M&A transactions including:

oCollaboration with different business functions and teams to perform accounting due diligence on potential transactions

oEnsuring key stakeholders are aware of contemplated deals and the potential impact on the company

oOffer key stakeholders with alternative deal structures as needed

•Compile opening balance sheet and accounting entries independently with minimal review including the sourcing and management of any related valuation activities for thefollowing:

oLicensing arrangements

oM&A transactions

oStrategic investments accounted for as cost or equity method investments

•Provide support to senior management and to franchises by evaluating the accounting and financial implications of new accounting pronouncements

•Document and maintain the global accounting policies for a growing multi-national organization including:

oMaintenance of database of corporate-wide accounting policies

oReviewing and updating corporate chart of accounts descriptions

•Coordinate the documentation of global corporate accounting procedures

•Document conclusions on executed transactions in accounting position papers

•Prepare quarterly impairment reviews of IPR&D assets, marketable securities and strategic investment assets and monitor contingent consideration liabilities for adjustment including:

oMeet with key stakeholders to assess impairment and liability adjustments independently

oPrepare the valuation support for assets and liabilities independently with minimal reviews

•Assist in the preparation of year-end and quarter-end reporting by working with external auditors on annual audits and quarterly reviews as well as facilitate the filing of SEC reports on Form 10-K and Form 10-Q including:

oPrepare schedules of Form 10-K/10-Q documents independently with minimal review

oReview Form 10-K/10-Q documents in order to address errors and inconsistencies 

•Assist the corporate accounting group in maintaining and, where necessary, establishing and documenting effective internal controls and procedures


BA/BS degree in accounting (CPA or MBA strongly desired); 5-10 years experience (supervisory experience a plus); experience with Oracle and Business Objects/Oracle Business Intelligence strongly desired.

Skills/Knowledge Required:

§ Bachelor's degree in accounting (CPA or MBA strongly desired).

§ 5-10 years’ experience (supervisory experience a plus). Big-4 public accounting and pharmaceutical experience strongly desired.

§ Experience with Oracle and Business Objects/Oracle Business Intelligence strongly desired.

§ Able to perform technical accounting research, including the documentation and communication of accounting implications.

§ Solid analytical skills and ability to develop solutions to diverse business problems.

§ Strong attention to detail and ability to work through various issues.

§ Excellent communication and interpersonal skills; ability to influence management across multiple teams.

Celgene is committed to equal opportunity in the terms and conditions of employment for all employees and job applicants without regard to race, color, religion, sex, sexual orientation, age, gender identity or gender expression, national origin, disability or veteran status.

Celgene complies with all applicable national, state and local laws governing nondiscrimination in employment as well as employment eligibility verification requirements of theImmigration and Nationality Act. All applicants must have authorization to work for Celgene in the U.S.