Revenue Accounting Manager
$110.8k - $166.2kVertex Pharmaceuticals
Job DescriptionOverviewThe Revenue Accounting Manager will be responsible for overseeing the accounting for the order-to-cash process and the delivery of accurate and timely financial information relating to certain product revenues (including cell and gene therapies), gross to net accounts and accounts receivable to meet the operational needs and internal and external reporting requirements of the organization. The role will partner closely with members of Trade and Distribution, Market Access, Finance, Global Revenue Accounting, Government Pricing and Third-Party Partners. The Manager will also be responsible for identifying and driving process improvement initiatives including automation and data analytics.Key Duties & ResponsibilitiesResponsible for order-to-cash process for certain products. Responsibilities include:Managing accounting relationship with customers and third-party service providersEnsuring timely customer collections and dispute resolutionAssessing customer creditworthiness and credit limitsTimely execution of the revenue accounting month-end close for product salesDelivery of accurate financial reporting for both internal and external requirementsReconcile product revenue, accounts receivable, and gross-to-net accruals on a monthly basisDevelop knowledge of markets to design and perform analytics to evaluate monthly resultsCollaborate with Commercial Finance and Market Access teams on monthly actualization and forecasting processPartner with Trade & Operations on service-provider and customer-relationship managementUtilizing knowledge and data, provide strategic input into recommendations for change and process improvement as well as continuously evolving and evaluating policies and proceduresParticipate (and lead as needed) in the development of new systems, processes and automationAbility to review and oversee work of team members as neededRequired Education and ExperienceBachelor's degree requiredTypically requires 5+ years of related experience with experience in life sciences preferredAdvanced excel skillsExperience with Oracle Financial Software a plusKnowledge/SkillsAbility to collaborate and influence across and within different levels of the organizationStrong written and oral communication skillsAbility to identify and drive process improvementsAbility to work in a fast paced, dynamic environment; ability to manage multiple prioritiesDemonstrate continuous improvement mindset and ability to increase responsibilities over time#LI-Hybrid#LI-AA1At Vertex, we embrace continuous learning and encourage employees to stay informed on advances in AI, technology, automation, and industry trends. We seek talent who bring an external perspective, demonstrate curiosity and sound judgment, and thoughtfully adopt new capabilities that improve decision-making, drive innovation, increase efficiency, and help deliver better outcomes for patients.Pay Range:$110,800 - $166,200Disclosure Statement:The range provided is based on what we believe is a reasonable estimate for the base salary pay range for this job at the time of posting. This role is eligible for an annual bonus and annual equity awards. Some roles may also be eligible for overtime pay, in accordance with federal and state requirements. Actual base salary pay will be based on a number of factors, including skills, competencies, experience, and other job-related factors permitted by law.At Vertex, our Total Rewards offerings also include inclusive market-leading benefits to meet our employees wherever they are in their career, financial, family and wellbeing journey while providing flexibility and resources to support their growth and aspirations. From medical, dental and vision benefits to generous paid time off (including a week-long company shutdown in the Summer and the Winter), educational assistance programs including student loan repayment, a generous commuting subsidy, matching charitable donations, 401(k) and so much more.Flex Designation:Hybrid-Eligible Or On-Site EligibleFlex 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 select2. 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-HybridCompany InformationVertex is a global biotechnology company that invests in scientific innovation.Vertex is committed to equal employment opportunity and non-discrimination for all employees and qualified applicants without regard to a person's race, color, sex, gender identity or expression, age, religion, national origin, ancestry, ethnicity, disability, veteran status, genetic information, sexual orientation, marital status, or any characteristic protected under applicable law. Vertex is an E-Verify Employer in the United States. Vertex will make reasonable accommodations for qualified individuals with known disabilities, in accordance with applicable law.Any applicant requiring an accommodation in connection with the hiring process and/or to perform the essential functions of the position for which the applicant has applied should make a request to the recruiter or hiring manager, or contact Talent Acquisition at View email address on click.appcast.io #J-18808-Ljbffr
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