Senior Revenue Accountant

Senior Revenue Accountant

Novato, CA

Why Join Us

Be a hero for our rare disease patients At Ultragenyx, we fundamentally believe that taking real impactful action to care for the needs of patients and our people is always the right thing to do. To achieve this goal, our vision is to lead the future of rare disease medicine. For us, this means going where other biopharma companies won't go – challenging the status quo and creating a new model that advances our field so more patients and caregivers can benefit from life-changing treatments. We do this by following the science, applying a novel rapid development approach, making innovative medicines at fair and reasonable prices, and creating a collaborative ecosystem to reach patients in ways that are most meaningful for them. Our commitment and care for patients extends to our people, so culture is an essential cornerstone for Ultragenyx. We remain continuously focused on creating a supportive and inclusive environment of profound learning and growth – so employees can thrive in all areas of their lives, in and outside of work. Ultimately, we want to be an organization where we would be proud for our family, friends and children to work. If you want to have a meaningful impact, do the best work of your career, and grow a lot, both professionally and personally, come join our team.

Position Summary

Ultra innovative – Tackle rare and dynamic challenges

The Senior Accountant will demonstrate strong ownership, judgment, and attention to detail while performing assigned responsibilities and continuously seeking opportunities to improve processes and efficiencies. Areas of responsibility include the preparation, recording, analysis, and review of revenue accounting activities to ensure compliance with generally accepted accounting principles (GAAP), corporate policies, SOX requirements, and external audit standards. This individual will play a key role in the monthly close process, including the preparation of journal entries, account reconciliations, revenue analyses, and supporting schedules for financial statement reporting.

The Senior Accountant will contribute to the development and implementation of procedures and internal controls to support an efficient, compliant, and scalable financial reporting environment.

Work Model

Flex: This role will typically require onsite work 2-3 days each week, or more depending on business needs. In many locations, the business will set certain days each week that Flex employees are required to be onsite.

Responsibilities

• Review of transactions for compliance with ASC-606 revenue standards
• Reconcile transactions issued by the supply chain team for multiple territories
• Perform revenue data analysis in revenue and accounts receivable and associated reserves
• Prepare and review gross-to-net accruals and related reserve analyses
• Support revenue recognition for product sales and collaboration arrangements
• Analyze chargebacks, rebates, returns, government pricing-related reserves, and other deductions from revenue
• Reconcile distributor, wholesaler, or third-party logistics activity to revenue and AR records
• Identify opportunities for automation to improve the speed and efficiency of the monthly revenue close
• Partner with cross-functional teams including finance, commercial, and various business owners on a variety of projects
• Perform and maintain assigned internal controls on a monthly basis
• Prepare journal entries, balance sheet reconciliations and flux analysis at month-end close
• Participate in revenue accounting projects, including system enhancements process improvements, automation initiatives, and implementation of new business models or contract arrangements
• Support external audit requirements related to specific areas of responsibility
• Assist in financial reporting during the month-end close process
• Analyze/prepare aging reports and perform collection efforts as needed

Requirements

• Minimum qualification of bachelor's degree or equivalent
• 3+ years of experience in accounting
• Experience with pharmaceutical/biotech revenue models, such as product revenue, gross-to-net, rebates, chargebacks, distributor arrangements, returns reserves, and government pricing a plus.
• Experience with ERP systems and revenue subledger tools preferred
• Public company, SOX, or external audit experience preferred
• CPA or CPA track preferred
• Advanced Excel, PowerPoint & Word
• Strong analytical skills
• Oracle, SAP, NetSuite, or similar ERP experience preferred

The typical annual salary range for this full-time position is listed below. This range reflects the characteristics of the job, such as required skills and qualifications and is based on the office location noted in this job posting. The range may also be adjusted based on applicant's geographic location. This position is eligible for annual bonus and equity incentives. Actual individual pay is determined by demonstrated experience and internal equity alignment.

Pay Range

$100,000 - $123,600 USD

Full Time employees across the globe enjoy a range of benefits, including, but not limited to: Generous vacation time and public holidays observed by the company Volunteer days Long term incentive and Employee stock purchase plans or equivalent offerings Employee wellbeing benefits Fitness reimbursement Tuition sponsoring Professional development plans

* Benefits vary by region and country

Ultragenyx Pharmaceutical is an equal opportunity employer and prohibits unlawful discrimination based on race, color, religion, gender, sexual orientation, gender identity/expression, national origin/ancestry, age, disability, marital and veteran status, and any other status or classification protected by applicable federal, state, and/or local laws. Reasonable accommodation will be provided for all protected statuses or classifications protected by applicable law, including individuals with disabilities, disabled veterans, for pregnancy, childbirth, and related medical conditions, and based on sincerely held religious beliefs. Applicants can request an accommodation prior to accepting a job offer. If you require reasonable accommodation in completing this application, or in any part of the recruitment process, you may contact Talent Acquisition by emailing us at View email address on click.appcast.io.