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Director GTN Accounting Generics Brands

Teva Pharmaceuticals
Parsippany, United Statesfull_timeVerifiedPosted 2 Apr 2024

About the role

Who we are

Together, we’re on a mission to make good health more affordable and accessible, to help millions around the world enjoy healthier lives. It’s a mission that bonds our people across nearly 60 countries and a rich, diverse variety of nationalities and backgrounds. Working here means working with the world’s leading manufacturer of generic medicines, and the proud producer of many of the products on the World Health Organization’s Essential Medicines List. Today, at least 200 million people around the world take one of our medicines every single day. An amazing number, but we’re always looking for new ways to continue making a difference, and new people to make a difference with.

The opportunity

The Director, Revenue Accounting – Generic Brands, will lead the US Generics Revenue Accounting Team reporting to the Sr. Director of Revenue Accounting. The Director of Revenue Accounting will manage a team with ownership of monthly and quarterly accounting processes for all US Generic product revenues, delivering close results accurately and timely, supporting quarterly and annual audit requirements and promoting and maintaining a strong control environment. This role will participate, and support forecasting and budgeting processes specifically focused on understanding Gross to Net estimates and liabilities for existing and future products. In addition to key accounting deliverables this role will also develop the efficiency and accuracy of accounting operations of daily revenue reporting and supporting commercial management requests needed to properly evaluate product profitability.

The Director of Revenue Accounting is a leadership position within the Accounting Department with a goal of developing team members and collaborating with our business partners in Accounting, Finance, Commercial Operations, Customer Administration, and Pricing. A successful candidate will have technical competence and experience in product revenue accounting and analytics, compliance and operational experience and team management.
 

How you’ll spend your day

Essential Duties & Responsibilities                                                                   


•    Oversee team in the preparation and review of accounting close activities including the review of new contracts, complex account reconciliations, quarterly analytics and controls
•    Responsible for analysis of sales reserves - on-going and formalized month-end / quarter-end basis.  
•    Support continuous improvement of the efficiency and accuracy of internal reporting measures including daily scorecard/flash, monthly/quarterly revenue analytics and profitability reporting
•    Primary contact for financial planning leads in providing forecasted and actual data related to gross to net reserves
•    Support external reporting and audit requirements
•    Support internal business requests for product performance analytics 
•    Drive continuous development of tools to drive efficiency and promote scalability as it relates to issue identification and resolution in day to day operations of internal reporting
•    Expand the use of and engagement in reporting tools to improve efficiency
•    Opportunities to collaborate and support efforts in other areas of business
 

Your experience and qualifications

Position Requirements

Education Required:    Bachelor’s degree in Accounting or related field
Education Preferred    CPA License or MBA
Experience Required:    Minimum 8+ years progressive accounting experience 
Pharmaceutical Industry Experience
Prior revenue accounting experience
Prior supervisory experience
Excellent communication and organizational skills

Experience Preferred:    Experience with SAP ERP Modules
Specialized or Technical Knowledge Licenses, Certifications needed:    Knowledge and experience in application of US GAAP

Organization and Planning
•    Demonstrates good organization and planning skills and strong attention to detail
•    Demonstrates the ability to effectively manage multiple tasks and priorities in a fast-paced environment
•    Should be self-motivated and possess a willingness to acquire new skills as well as an ability to teach others.
•    Demonstrates good work ethic and the ability to meet deadlines

Technical
•    Demonstrates strong knowledge of US GAAP and solid accounting skills
•    Demonstrates proficiency in financial analysis, reporting and interpretation of data
•    Uses good analytical and data interpretation skills to analyze and resolve complex financial problems
•    Ability to analyze problems, actively strategize to resolve such problems, solid organization skills, and a proven track record of process improvement and standardization

Communication
•    Excellent oral and written pres

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Company

Teva Pharmaceuticals

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