Manager, Revenue Accounting

Kyowa Kirin is a fast growing global specialty pharmaceutical company that applies state-of-the-art biotechnologies to discover and deliver novel medicines in four areas of unmet need: oncology, nephrology, immunology and CNS/movement disorders. The North America organization includes three offices (in New Jersey and California) that focus on drug discovery, product development, and commercialization. Together, we work as a close-knit team to understand clinical needs and advance innovations that can have a profound impact on patient lives.

As a patient centric organization that strives to deliver innovative medicines to meet unmet needs, we feel that it is critical to follow the safety guidelines defined by CDC and OSHA. We believe the COVID-19 vaccine is the best way to manage COVID risk to you, your colleagues, your family and our society. With that in mind, we are taking the essential step to ensure the safety of our employees during this health crisis by requiring all US employees, temporary workers, agency employees and independent contractors to be fully vaccinated against COVID-19, where allowed by state or local law and where vaccine supply is readily available. In accordance with applicable law, individuals may seek an accommodation for medical or disability-related conditions or sincerely held religious beliefs.

**This is not a remote opportunity. We do offer a hybrid work schedule with two days week in the Princeton office location.

Summary of Job:

This individual is responsible for applying accounting principles and procedures to ensure the preparation of accurate and timely financial information to Management and Parent Company. Responsible for managing the accounting activities for revenue and associated gross to net accruals, as well as managing outsourced Accounts Receivable function.  The Manager, Revenue Accounting will utilize his/her knowledge of technical accounting matters and IFRS/US GAAP to effectively and efficiently perform reporting requirements and assist the Company in ensuring accounting close and reporting compliance. 

Essential Functions:

• Prepare Gross to Net Analysis for all GTN accounts including Prompt Pay Discounts, Returns Reserves, Chargebacks, Medicaid, Medicare, Wholesaler Distribution Fees, Tricare and other Gross to Net Discounts.
• Prepare Gross to Net Analysis for Canadian entity working closely with General Manager of Canadian entity to understand market
• Record all accruals and actual gross to net deductions from Accounts Receivable.
• Prepare reconciliations for all revenue and Accounts Receivable related accounts
• Provide FP&A with data and historical trends to support revenue forecasts and calculation of monthly/quarterly GTN rates.
• Support Market Access/Government Reporting team. Provide chargebacks, sales, and distribution fee details.
• Maintain and develop all GTN Process flows and risk control matrixes. Lead efforts for all SOX and internal audits.
• Prepare quarterly and annual audit analytic for all revenue and accounts receivable impacted accounts. Support and manage all external audit requests for revenue accounting.
• Manage and lead 3rd party Accounts Receivable team.
• Review new customer data including customer credit limits, price changes, customer master data.
• Perform annual credit analysis for all existing customers, reviewing relevant data points for accurate credit extension
• Perform bad debt analysis on accounts receivable
• Prepare quarterly consolidation packages for Kyowa Kirin Inc. and Kyowa Kirin Canada Inc. entities.
• Perform all accounting responsibilities for alliance or royalty partners.
• Prepare Policies and Procedures and SOP’s. Assist Controller in preparation of Accounting memo’s or white papers.
• Recommend and drive operational efficiencies including system/ERP enhancements.
• Perform other account analysis and lead other special projects on as needed basis.

Job Requirements:

Education

• Bachelor’s Degree in Accounting. CPA required.

 

Experience

• Qualified accountant with at least 6 years of experience.

Big 4 audit experience highly preferred

• Strong working knowledge of US GAAP. IFRS and/or

JSOX knowledge a plus.

• Strong working knowledge of ASC 606 and/or IFRS 15 required.
• Strong financial background including experience in working with a variety of financial reporting systems with an emphasis on Excel.
• Experience in Pharmaceutical industry required.
• Previous experience of multinational operations and inherently tight reporting deadlines would be beneficial

Technical Skills <