Revolution Medicines

Manager, Revenue Accounting

Revolution Medicines$129K — $160K *
US-AnywhereRemote in United States
Pharmaceuticals & Biotech
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Accounting, Finance, Economics, or a related field.
  • 6+ years of progressive accounting or finance experience in pharmaceutical or biotech industries.
  • Familiarity with GTN accruals and reserves, including rebates and discounts.
  • Proficient in monthly and quarterly close activities such as journal entries and reconciliations.
  • In-depth understanding of ASC 606 and U.S. GAAP.
  • Experience in SOX-compliance environments and internal controls.
  • Strong analytical skills with a focus on using AI tools for improvements.

Responsibilities

  • Prepare and analyze monthly product revenue and gross-to-net close activities.
  • Collaborate with cross-functional teams to support accurate and timely revenue reporting.
  • Assist in financial reporting deliverables and audit requests as necessary.
  • Prepare and enhance GTN forecasting models for various analyses.
  • Drive automation of revenue accounting and forecasting processes using AI tools.
  • Manage external consultant interactions for government pricing calculations.
  • Ensure compliance with SOX and prepare documentation for audits.

Benefits

  • Competitive cash compensation and robust equity awards.
  • Strong benefits package including health and wellness programs.
  • Significant learning and development opportunities.
  • Opportunity to work remotely in a flexible schedule.
  • Collaborative and dynamic work environment focused on innovation.
Full Job Description
The Opportunity:

Revolution Medicines is seeking a Manager, Revenue Accounting to support commercial launch readiness as the company prepares for its first product launch and continues its transition to a commercial-stage organization. Reporting to the Senior Director, Revenue Accounting and Finance, this position will play a hands on role in revenue/gross-to-net accounting, forecasting and related month end close processes.

This role will help ensure the accuracy, transparency, and continuous improvement of RevMed's revenue accounting and gross-to-net processes. The Manager will be responsible for preparing and analyzing revenue and GTN close activities, supporting forecasting models and assumptions, maintaining strong documentation and controls, and partnering cross-functionally with Commercial, Market Access, Analytics & Insights, FP&A, Supply Chain, Trade & Distribution, and external partners.

The ideal candidate will bring strong pharmaceutical or biotech revenue accounting experience, hands on gross-to-net experience, technical accounting judgment, strong analytical skills, and the ability to operate effectively in a fast paced, collaborative, launch stage environment.

Key Responsibilities

Revenue Accounting, Gross-to-Net Close, and Reserves
  • Prepare and analyze monthly product revenue and gross-to-net close activities, including reserves for prompt pay discounts, copay and patient assistance programs, returns, Medicaid, Medicare Part D, 340B, VA/DoD, distributor fees and other forms of variable consideration.
  • Prepare journal entries, account reconciliations, flux analyses, reserve rollforwards, close schedules, and supporting documentation for revenue and GTN related accounts.
  • Partner with Accounting, FP&A, Commercial, Market Access, and Analytics & Insights to support accurate and timely revenue reporting and forecast-to-actual analysis.
  • Support revenue related financial reporting deliverables, audit requests, quarterly review procedures, and SEC reporting schedules, as applicable.
  • Prepare clear and concise analyses to help Finance and business partners understand changes in GTN rates, payer dynamics, channel activity, contract performance, and reserve balances.
  • Manage day-to-day activities with the external government pricing consultant, including coordinating required data submissions, reviewing government pricing calculations and related outputs, supporting timely invoice review and payment processing, and maintaining accurate supporting documentation.
  • Support SOX compliance, internal audits, external audits, and quarterly review procedures by preparing high-quality documentation, control evidence, and audit support.

GTN Forecasting & Analytics
  • Prepare, maintain, and improve RevMed's GTN forecasting models and methodologies for budget, forecast and scenario analysis.
  • Partner with Commercial and Market Access to gather and maintain GTN assumptions related to payer mix, channel mix, pricing, contracting, patient affordability programs, government programs, and market dynamics.
  • Partner with Analytics & Insights to incorporate relevant demand, patient, payer, and market data into GTN forecasts and forecast-to-actual analyses.
  • Drive the use of approved AI-enabled tools and automation to streamline and automate revenue accounting, gross-to-net forecasting, account reconciliations, reporting, documentation, and month-end close activities while ensuring compliance with company policies, internal controls, and audit requirements.

Required Skills, Experience and Education:
  • Bachelor's degree in Accounting, Finance, Economics, or a related field.
  • 6+ years of progressive accounting, finance, or related experience, including experience in the pharmaceutical, biotechnology, or life sciences industry.
  • Experience with GTN accruals and reserves, including rebates, chargebacks, discounts, returns, copay, patient assistance, distributor fees, government program items.
  • Experience supporting monthly and quarterly close activities, including journal entries, account reconciliations, flux analyses, reserve rollforwards, audit support, and financial reporting deliverables.
  • Strong understanding of ASC 606 revenue recognition, U.S. GAAP, and variable consideration concepts.
  • Experience supporting accounting processes and internal controls in a SOX-compliant environment.
  • Strong analytical, reconciliation, documentation, and problem-solving skills.
  • Proactive learner with demonstrated curiosity and interest in using approved AI tools, automation, and analytics to improve accounting and finance processes.
  • Positive, approachable, and professional attitude.

Preferred Skills:
  • CPA, MBA, or advanced degree in Accounting, Finance, or a related field.
  • Experience supporting a first product launch, commercial launch readiness, or early commercial stage pharmaceutical or biotechnology company.
  • Experience using AI-enabled tools, automation, dashboards, or advanced analytics to improve close processes, reconciliations, forecasting, reporting, documentation, or controls.

#LI-TS1 #LI-Remote

The base pay salary range for this full-time position for candidates working onsite at our headquarters in Redwood City, CA is listed below. The range displayed on each job posting is intended to be the base pay salary range for an individual working onsite in Redwood City and will be adjusted for the local market a candidate is based in. Our base pay salary ranges are determined by role, level, and location. Individual base pay salary is determined by multiple factors, including job-related skills, experience, market dynamics, and relevant education or training.

Please note that base pay salary range is one part of the overall total rewards program at RevMed, which includes competitive cash compensation, robust equity awards, strong benefits, and significant learning and development opportunities.

Base Pay Salary Range

$129,000-$160,000 USD

We are aware of recent recruitment scams in which individuals or organizations falsely represent themselves as being affiliated with Revolution Medicines. These scams may appear as false job advertisements or unsolicited contacts through communication or chat platforms, email, phone, or text message.

Please note that Revolution Medicines does not extend unsolicited employment offers and will never ask candidates to provide financial information, purchase equipment, or pay fees as part of the hiring process. All legitimate communication from Revolution Medicines will come from an official @revmed.com email address.

If you believe you've been contacted by someone impersonating a Revolution Medicines recruiter, please report it to [email protected] so we can share these impersonations with our IT team for tracking and awareness.

About Revolution Medicines

Revolution Medicines is a clinical-stage precision oncology company focused on developing targeted therapies to inhibit elusive frontier targets within notorious growth and survival pathways, with particular emphasis on RAS and mTOR signaling pathways. The company's proprietary platform enables the discovery and development of small molecules that bind covalently to proteins. Revolution Medicines was founded in 2014 and is headquartered in South San Francisco, California.
Learn more about Revolution Medicines
Size
201 employees
Market Cap
$2.1 billion
Industry
Net Income
-$108.1 million
Revenue
$42.9 million
NASDAQ

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