Senior Manager, Global Revenue Technical Accounting

Vertex Pharmaceuticals Incorporated

$128K — $193K *
Pharmaceuticals & Biotech
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Accounting or Finance
  • 7 years of progressive accounting experience in pharmaceutical or life sciences
  • Public accounting experience is required
  • CPA preferred
  • Strong written and communication skills

Responsibilities

  • Perform revenue recognition evaluations under ASC 606
  • Review new agreements and complex gross-to-net matters
  • Document accounting policies related to revenue and gross-to-net matters
  • Partner with cross-functional teams during the contract drafting process
  • Support internal and external financial revenue reporting requirements
  • Partner with the SEC Reporting team for revenue-related disclosures
  • Prepare revenue recognition memos and auditor requests for reviews and audits

Benefits

  • Hybrid work flexibility with remote options up to two days a week
  • Opportunity to collaborate with international and cross-functional teams
  • Involvement in key financial disclosures for SEC filings
  • Engagement in complex revenue accounting matters
  • Chance to contribute to policy documentation and technical accounting decisions
Full Job Description

Job Description

Key Responsibilities

  • Perform revenue recognition evaluations under ASC 606 for new product launches, new contracts, and reimbursement agreements
  • Review new agreements and complex gross-to-net matters and help ensure technical accounting conclusions are applied consistently and appropriately by local accounting teams
  • Document accounting policies related to revenue and gross-to-net matters in collaboration with International and North America revenue accounting teams, as needed
  • Partner with cross-functional teams that review and support the contract drafting process
  • Work closely with global accounting, finance, and commercial organizations to support internal and external financial revenue reporting requirements
  • Partner with the SEC Reporting team to prepare revenue-related disclosures for SEC filings
  • Support quarterly and annual reviews and audits through preparation of revenue recognition memos, audit schedules, and other auditor requests

Minimum Qualifications

  • Bachelor’s degree in Accounting or Finance
  • Typically requires 7 years of progressive accounting experience in pharmaceutical or life science revenue accounting or a technical accounting role, or the equivalent combination of education and experience
  • Public accounting experience required

Preferred Qualifications

  • CPA preferred
  • Knowledge of US GAAP revenue accounting guidance, including ASC 606
  • Experience researching revenue accounting and complex gross-to-net accounting matters
  • Experience preparing accounting documentation, memos, and revenue-related disclosures
  • Proficiency in Microsoft Office applications, including Excel, Word, and PowerPoint
  • Strong written communication and memo drafting skills
  • Strong communication and organizational skills
  • Ability to collaborate across and within different levels of the organization
  • Ability to effectively present complex accounting analyses to senior management

#LI-AA1

Pay Range:

$128,900 - $193,300

Flex Designation:

Hybrid-Eligible Or On-Site Eligible

Flex Eligibility Status:

In this Hybrid-Eligible role, you can choose to be designated as: 
1.    Hybrid: work remotely up to two days per week; or select
2.    On-Site: work five days per week on-site with ad hoc flexibility.

Note: The Flex status for this position is subject to Vertex’s Policy on Flex @ Vertex Program and may be changed at any time. 

#LI-Hybrid

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