Senior Accountant
Recordati Rare Diseases Inc
Senior Accountant
This position is with Recordati Rare Diseases, Inc. (RRD), North America, an affiliate of Recordati. RRD develops high-impact therapies for devastating rare diseases, focusing on providing often overlooked treatments to underserved communities in the U.S. Our mission is to mitigate the impact of rare diseases through increased awareness, improved diagnoses, and enhanced treatment availability, covering endocrinology, metabolic, and oncology franchises. RRD is dedicated to excellence, fostering a dynamic work environment that promotes professional growth and a significant impact on patients' lives.
Reporting Structure Reports To: Accounting Manager Direct Reports: None Areas Managed: Industrial Support, Inventory, Monthly Account Reconciliations, Working Capital Analysis
Under supervision of the Accounting Manager, the Senior Accountant will be an integral part of the Accounting and Finance team supporting the month end close procedures with specific responsibility for Industrial support, Inventory, Statutory Reporting and Consolidation. Additionally, the Senior Accountant will provide a high level of analytical support related to the consolidated financial statements including Gross to Net, COGs variance and monthly Corporate Reporting (Detailed Forms) as well as other ad hoc analysis as required for the Vice President, Finance and Controller. The Senior Accountant will partner cross-functionally within the local organization as well as with global colleagues to support the Accounting and Finance close process.
Essential Duties and Responsibilities
Accounting & Month End Close Support
- Develop annual standard costs in conjunction with Supply Chain for all local products
- Prepare monthly inventory reports including COGs variance analysis and Finished Goods inventory
- Prepare inventory obsolescence analysis
- Prepare monthly inventory reconciliation to supplier reports and investigate any discrepancies
- Prepare prepaid insurance schedule, track renewals and record amortization entries
- Adhoc analyses as required
Industrial Support
- Support Industrial with budget and periodic forecasting, uploading results in Planning
- Support month-end close activities, including journal entries, accruals, and reconciliations
- Perform SAP material ledger processing to support industrial accounting, inventory valuation, and cost analysis
- Monitor Budget vs Actual performance for Industrial and manufacturing cost centers
- Develop and provide variance comments explaining key drivers and impact
- Prepare and record elimination entries to ensure accurate consolidation financial reporting
- Record all monthly accruals related to transportation and Industrial purchase orders
Working Capital Analysis
- Responsible for Balance Sheet Analytics
- Establish monthly review of balance sheets accounts
- Establish and oversee review process to ensure all accounts are reconciled
- Review Entries made by other members to ensure accuracy
Education and Experience
Bachelor's degree or higher in Accounting 5-7 years' experience in an Accounting function CPA preferred Strong knowledge of Generally Accepted Accounting Principles, knowledge of IFRS a plus Experience working within an international organization, partnering across multiple locations and time zones and with multiple currencies Strong knowledge of Microsoft Excel, SAP, Hyperion, and Concur Pharmaceutical industry experience a plus Demonstrated ability to deliver quality results within a fast-paced, dynamic environment
Knowledge and Skills
Highly motivated, innovative and driven, with a "can do" mindset Excellent computer skills. Strong proficiency in Microsoft Excel, including ability to run analyses using pivot tables and V-lookups Accurate with attention to detail Excellent organizational and problem-solving skills Ability to manage multiple priorities and competing deadlines Personal and professional integrity are essential Goal-oriented, with ability to plan for the long-term and execute Strong communication and interpersonal skills Ability to liaise cross-functionally and build consensus Resourcefulness: ability to make things happen within a small-business environment
Competencies and Attributes
Behaves in an honest, fair and ethical manner. Pursues self-development. Communicates in a clear, concise and convincing manner. Listens effectively. May be called on to assist in developing new members of the company. Responsible for tactical implementation of pre-defined programs and projects. Solves issues of moderate complexity. Works independently on issues where analysis of situation or data requires evaluation of different factors. Monitors expenditures
Work Environment
This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines. Based upon job requirements, employee may be required at times to attend meetings including travel out of state over weekends and nights. Employee must be able to freely operate and travel by car and train/plane modes of transportation. Employee is required to have a valid driver's license and means of transportation.
Physical Demands
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. The employee must be able to fly via commercial air carrier. This is largely a sedentary role; however, the employee frequently is required to stand; walk; use hands to finger, handle or feel; and reach with hands and arms; talk and hear. Occasionally is required to lift and/or move light to moderate weight up to 25 lbs.
Location
This position is based at RRD's Headquarters in Bridgewater, NJ Minimal travel required.
FLSA Classification
This position is considered Exempt.
EEO Statement
It is the policy of Recordati Rare Diseases to provide equal employment opportunity (EEO) to all persons regardless of race, color, religion, sex, sexual orientation, gender identity, or national origin. Further, Recordati Rare Diseases will not discriminate on the basis of any characteristic protected by federal, state, or local law. Recordati Rare Diseases will provide reasonable accommodations for a qualified individual with disabilities.
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