Our Team, Your Impact
We are seeking a strategic and detail-oriented Associate Director of Revenue Accounting to support revenue accounting operations for our U.S. Innovative Medicines and Biosimilars portfolio. This role is critical in ensuring accurate and timely financial close processes, maintaining a strong control environment, and supporting forecasting and budgeting efforts related to Gross to Net (GTN) estimates and liabilities.
You will collaborate cross-functionally to enhance daily revenue reporting, support commercial decision-making, and drive continuous improvement in analytics and operational efficiency.
How You'll Spend Your Day
Key Responsibilities
• Support monthly and quarterly close activities for product revenue, ensuring compliance with US GAAP and internal policies.
• Analyze complex contracts, account reconciliations, and GTN reserves including accruals for Managed Care and other rebates, chargebacks, returns, Medicaid, and other commercial programs.
• Partner with Forecasting, Commercial Operations, Value Access and AR teams to ensure completeness and accuracy of GTN-related accounting.
• Support timely and insightful revenue analytics, flash reports to support business decisions.
• Develop and maintain financial models to support GTN forecasting, sensitivity analysis, and scenario planning.
• Leverage automation tools and technologies to improve data accuracy, reduce manual effort, and enhance reporting capabilities.
• Analyze validation of sales data including wholesaler inventory, in-transit shipments, and returns.
• Support external audit and reporting requirements, including receivables factoring and compliance documentation.
• Collaborate with other accounting teams, including Generics Revenue and Alliance Accounting, on cross-functional initiatives.
Who You Are
You are a collaborative contributor with a strong technical accounting foundation and a strategic mindset. You thrive in dynamic environments, enjoy solving complex problems, and comfortable influencing across functions and engaging with senior stakeholders.
Why Join Us?
• Leadership & Growth: Play a key role in shaping the future of revenue accounting.
• Cross-Functional Collaboration: Partner with diverse teams to drive strategic decisions.
• Innovation & Impact: Build scalable solutions and deliver insights that matter.
• Flexibility: Enjoy a hybrid work model with 2-3 days onsite in Parsippany.
Your Skills and Experience
Any equivalent combination of education, training, and/or experience that fulfills the requirements of the position will be considered.
Required:
• Bachelor's degree in Accounting or related field.
• Minimum 5 years of progressive accounting experience, including Gross to Net.
• Strong communication, analytical, and organizational skills.
• Proven ability to work with senior leadership and external auditors.
Preferred:
• CPA or MBA.
• Pharmaceutical industry experience.
• Experience with SAP ERP systems, financial modeling and automation tools (Alteryx, Power BI, Power Automate).
• Deep understanding of US GAAP and pharmaceutical revenue recognition.
Salary Range
The annual starting salary for this position is between $144,000 - $180,000 annually. Factors which may affect starting salary within this range and level of role may include geography/market, skills, education, experience and other qualifications of the successful candidate.
How We'll Take Care of You
At Teva, better health starts from within, and that includes you. From day one, you'll be supported with benefits designed to help you thrive in and out of work. This includes generous annual leave, reward plans, flexible working schedules (dependent on role), access to tailored health support, and meaningful ways to give back to the community. When it comes to your career, you'll be encouraged to explore, evolve, and shape your path. Twist, our one-stop shop for career development platform, gives you access to a wide range of possibilities, from learning programs and short-term projects to opportunities for internal growth. Here, you'll be part of a culture that empowers you to reach your goals and prioritize your wellbeing every step of the way.
Make sure to apply through our internal career site on Twist-your one-stop shop for career development