Hybrid Associate Director, Revenue Accounting – Innovative Medicine and Biosimilars, Gross to Net

Posted last month

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About the role

  • Associate Director of Revenue Accounting supporting financial operations for Teva's U.S. Innovative Medicines. Ensuring compliance and accuracy in revenue accounting.

Responsibilities

  • Support monthly and quarterly close activities for product revenue, ensuring compliance with US GAAP and internal policies.
  • Analyze complex contracts, account reconciliations, and GTN reserves including accruals for Managed Care and other rebates, chargebacks, returns, Medicaid, and other commercial programs.
  • Partner with Forecasting, Commercial Operations, Value Access and AR teams to ensure completeness and accuracy of GTN-related accounting.
  • Support timely and insightful revenue analytics, flash reports to support business decisions.
  • Develop and maintain financial models to support GTN forecasting, sensitivity analysis, and scenario planning.
  • Leverage automation tools and technologies to improve data accuracy, reduce manual effort, and enhance reporting capabilities.
  • Analyze validation of sales data including wholesaler inventory, in-transit shipments, and returns.
  • Support external audit and reporting requirements, including receivables factoring and compliance documentation.
  • Collaborate with other accounting teams, including Generics Revenue and Alliance Accounting, on cross-functional initiatives.

Requirements

  • Bachelor’s degree in Accounting or related field.
  • Minimum 5 years of progressive accounting experience, including Gross to Net.
  • Strong communication, analytical, and organizational skills.
  • Proven ability to work with senior leadership and external auditors.
  • Preferred: CPA or MBA.
  • Pharmaceutical industry experience.
  • Experience with SAP ERP systems, financial modeling and automation tools (Alteryx, Power BI, Power Automate).
  • Deep understanding of US GAAP and pharmaceutical revenue recognition.

Benefits

  • Comprehensive Health Insurance: Medical, Dental, Vision, and Prescription coverage starting on the first day of employment, providing the employee enrolls.
  • Retirement Savings: 401(k) with employer match, up to 6% and an annual 3.75% Defined Contribution to the 401k plan.
  • Time Off: Paid Time Off including vacation, sick/safe time, caretaker time and holidays.
  • Life and Disability Protection: Company paid Life and Disability insurance.
  • Additional benefits include, but are not limited to, Employee Assistance Program, Employee Stock Purchase Plan, Tuition Assistance, Flexible Spending Accounts, Health Savings Account, Life Style Spending Account, Volunteer Time Off, Paid Parental Leave, if eligible, Family Building Benefits, Virtual Physical Therapy, Accident, Critical Illness and Hospital Indemnity Insurances, Identity Theft Protection, Legal Plan, Voluntary Life Insurance and Long Term Disability and more.

Job title

Associate Director, Revenue Accounting – Innovative Medicine and Biosimilars, Gross to Net

Job type

Experience level

Senior

Salary

$141,000 - $177,000 per year

Degree requirement

Bachelor's Degree

Tech skills

Location requirements

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