Senior Director, Revenue and Cost Accounting

Corcept is leading the way in the research and development of cortisol modulators, molecules that regulate cortisol activity at the glucocorticoid receptor (GR). To date, we have discovered more than 1,000 selective proprietary cortisol modulators.

In 2012, we received FDA approval of Korlym® (mifepristone), the first approved treatment for hypercortisolism (Cushing’s syndrome).

Today, our team and collaborators continue to unlock the possibilities of cortisol modulation as a way to treat serious diseases. With more than 30 ongoing studies across a wide range of disease areas, including endocrinology, oncology, metabolism, and neurology, we remain dedicated to advancing the possibilities of cortisol modulation.

What began as a ripple of scientific truth is now poised to unleash a sea change of discovery representing a fundamental shift in the way we understand and treat disease.

This position is designed for an accounting professional with relevant experience, preferably in the biotech/pharmaceutical environment. This person oversees revenue and cost accounting for the Endocrinology and Oncology divisions. This position will report to the VP, Corporate Controller, and will manage a team of experienced accounting professionals. This is a hybrid role typically requiring on-site presence at least 3 days per week.

Responsibilities:

Revenue

• Own and lead the end-to-end revenue close process in accordance with GAAP, ensuring accuracy, compliance, and integrity of all revenue-related financial data
• Oversee and approve journal entries, gross-to-net adjustments, and accounts receivable reconciliations
• Review mid-month revenue/tablet reporting and supporting documentation for SEC Reporting
• Drive automation and system enhancements within NetSuite to streamline revenue and AR-related transactions and reporting
• Oversee processing and validation of gross-to-net payments, including government rebates, prompt pay discounts, service fees, and other deductions
• Review and ensure accuracy of all government pricing calculations (e.g., NFAMP, AMP verification, PHS pricing) in alignment with regulatory requirements
• Review of government-related contracts, such as the VA contract
• Maintain and strengthen strategic partnerships with 3PL providers and government pricing vendors to support efficient and compliant operations
• Lead revenue-related workstreams for new product launches across U.S. and international markets, ensuring scalable processes are in place from day one

Cost Accounting

• Oversee full cycle inventory accounting, which includes manufacturing accruals, E&O, and ST/LT analysis, inventory reconciliation, and physical inventory count
• Review timely and accurate reports and analyses of inventory balances and COGs
• Ensure accurate product cost data is maintained across accounting and financial planning systems to support monthly close and reconciliation processes
• Review analysis and support for manufacturing budgets and forecasts, and cost models for future products
• Oversee quarterly overhead allocation reviews to ensure accuracy and alignment with operational activity
• Serve as a strategic finance partner to the Manufacturing team, providing recommendations to improve cost transparency, support cost-reduction strategies, and enhance operational decision-making
• Actively participate in supplier meetings to understand key cost drivers and contribute to sourcing and production discussions with financial insights

General

• Provide strategic oversight and leadership in the preparation and support of all internal and external audits, including ensuring full compliance with Sarbanes-Oxley (SOX) Section 404
• Lead the development, implementation, and governance of accounting policies and procedures appropriate for a publicly traded company with both commercial and R&D operations
• Provide guidance and subject matter expertise to support the technical accounting team in researching complex accounting issues and preparing technical memos and business process documentation
• Build, lead, and develop a high-performing accounting team, providing coaching, mentorship, and career development opportunities across varying levels of experience
• Drive the execution of cross-functional initiatives and special projects, ensuring alignment with corporate objectives and compliance requirements
• Uphold Corcept’s Key Principles by driving collaboration, embracing possibilities, following the data, and leading by doing, ensuring all initiatives align with the Company’s ethics and patient-first principles.

Preferred Skills, Qualifications and Technical Proficiencies: