Manager, Revenue
BridgeBio Inc.About the role
About BridgeBio
BridgeBio is a biopharmaceutical company founded to discover, create, test, and deliver transformative medicines to treat patients who suffer from genetic diseases and cancers with clear genetic drivers. We bridge the gap between remarkable advancements in genetic science in academic institutions and the delivery of meaningful medicines to patients. Founded in 2015, the company has built a portfolio of 20+ drug development programs ranging from preclinical to late-stage development in multiple therapeutic areas including genetic dermatology, precision oncology, cardiology, endocrinology, neurology, pulmonology, and renal disease, with two approved drugs.
Our focus on scientific excellence and rapid execution aim to translate today’s discoveries into tomorrow’s medicines. We have U.S. offices in San Francisco, Palo Alto, and Raleigh, with small satellites in other parts of the country. We also have international offices in Montreal, Canada, and Zurich, Switzerland, and are expanding across Europe.
To learn more about our story and company culture, visit us at https://bridgebio.com
Who You Are
We are looking for a Revenue Manager who will be responsible for monthly and quarterly accounting processes to support the commercial operations including net product revenue, gross-to-net accruals, collaboration revenue, and accounts receivable. This position will report to the Sr. Director, Revenue, who reports to the Chief Accounting Officer.
Responsibilities
- Ensure accurate and timely revenue recognition in accordance with relevant accounting standards (i.e. ASC 606 & ASC 808)
- Accurately calculate and prepare revenue-related journal entries and reconciliations for month-end and quarter-end related to product revenue, license and collaboration revenue, accounts receivable, deferred revenue, gross-to-net accruals, etc.
- Analyze sales, rates, wholesaler inventories, returns, in-transit shipments, Medicaid, Medicare, chargebacks and other data for accuracy and completeness to ensure appropriate reserves and resolves variances to forecast
- Develop monthly/quarterly dashboards to track key financial and performance metrics (i.e., sales history, inventory levels, pricing discounts, etc.)
- Collaborate with Market Access, Sales and Marketing, Trade & Distribution, , Financial Planning & Analysis teams to ensure all components contemplated in the gross to net revenue accounting and forecast are accurate and complete
- Manage Accounts Receivable to ensure timely collection of customer invoices and prompt dispute resolution and assess credit losses
- Collaborate with the Head of Trade and the third-party logistics provider for timely collection of customer invoices for product sales
- Provide and support deliverables and compliance with external and internal auditors, including Sarbanes-Oxley (SOX) requests and quarterly/annual reviews
- Prepare technical accounting memorandums outlining the accounting treatment of product and collaboration revenue-related transactions (i.e., ASC 606 and ASC 808)
- Prepare financial statements and disclosures associated with revenue
- Demonstrate strong knowledge of US GAAP, SOX 404, and solid accounting skills
- Demonstrate proficiency in financial analysis, reporting, and interpretation of data
- Calculation and preparation of net sales reports and royalty calculations
- Additional duties as needed
No matter your role at BridgeBio, successful team members are:
- Patient Champions, who put patients first and uphold strict ethical standards
- Entrepreneurial Operators, who drive toward practical solutions and have an ownership mindset
- Truth Seekers, who are detailed, rational, and humble problem solvers
- Individuals Who Inspire Excellence in themselves and those around them
- High-quality executors, who execute against goals and milestones with quality, precision, and speed
Education, Experience & Skills Requirements
- BS degree in Accounting/Finance and 5+ years of relevant accounting experience, including +3 years of Big 4 public accounting experience and revenue accounting experience at a publicly-traded pharma company
- CPA license preferred
- Excellent computer skills including advanced MS Excel (e.g. Pivot Tables, V-LookUps, data merges, filters,
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