Associate Director, Revenue and Gross-to-Net Accounting

Company Description

Statistics show that women and underrepresented groups tend to apply to jobs only if they meet 100% of the qualifications. Sobi encourages you to change that statistic and apply. Rarely do candidates meet 100% of the qualifications. We look forward to your application!

At Sobi, each person brings their unique talents to work as a team and make a difference. We are dedicated to developing and delivering innovative therapies to improve the lives of people who live with a rare disease. Our edge comes from our team of people and our commitment to patients.

Our mission and culture at Sobi North America get us excited to come to work every day, but here are a few more reasons to join our team:

• Competitive compensation for your work
• Generous time off policy
• Summer Fridays
• Opportunity to broaden your horizons by attending popular conferences
• Emphasis on work/life balance
• Collaborative and team-oriented environment
• Making a positive impact to help ultra-rare disease patients who are in need of life saving treatments

Job Description

Sobi is currently seeking an Associate Director, Revenue and Gross-to-Net accounting to add to our Finance team. This position is responsible for revenue recognition including month close activities, gross to net accounting, revenue forecasting, and other special projects.

Key Responsibilities/Scope of the Job:

• Perform monthly close activities, including ownership of gross-to-net model, preparation of journal entries related to revenue recognition, gross to net, accounts receivable and ensuring all sales and customer transactions are loaded in ERP system.
• Main point of contact with third-party logistics providers to review accounts receivable, product return credit management, and troubleshoot issues as they come up.
• Perform analysis of Sales, Medicaid, Managed Care, chargebacks, returns, copay and other GTN components
• Manage distribution and patient service accruals including review of invoices.
• Support with preparation of the revenue Budget, forecasts and long-range plan.
• Prepare and present financial reports, including revenue dashboards and analysis, to senior management and stakeholders.
• Collaborate with cross-functional partners including Market Access, Trade & Distribution, Commercial Analytics, legal and others to ensure accurate revenue recognition and forecasting.
• Drive automation initiatives to streamline revenue and gross-to-net accounting processes.
• Ensure revenue recognition policies and procedures are in accordance with GAAP and industry regulations.
• Maintain and enhance organizational practices to ensure proper recognition of revenue and ensure the integrity of key processes by understanding systems and flow of transactions.
• Serve as a primary contact to external auditors as part revenue audit procedures.
• Assist with special projects and ad hoc requests

Qualifications

• Bachelor’s degree in accounting, Finance, or a related field; CPA certification plus
• 7+ years’ experience in the pharmaceutical/biotech/medtech industry and/or Big 4 Accounting Firm
• Strong knowledge of GAAP, IFRS and industry specific accounting standards (e.g., ASC 606)
• Strong written/verbal communication and presentation skills
• Ability to work independently and as a team member in time sensitive environment.
• Self-motivated, proactive, and detail oriented, with the ability to manage multiple projects/tasks simultaneously.
• In-depth, highly technical, analysis skills, aptitude, and high proficiency in Word/Excel/PowerPoint are required.

Additional Information

The base salary pay range for this role is $146,000-$190,000 annually. Actual pay for this position will take into account factors such as experience and location. In addition to a base salary, this position is also eligible for a competitive 401k match, short and long-term incentives, medical, dental, vision, STD/LTD and life insurance benefits, in addition to other health and wellness programs and offerings. 

All Sobi employees need to demonstrate behaviors in line with Sobi's core values: Care, Ambition, Urgency, Ownership and Partnership. Are you ready to be on the Sobi team? Come join a culture that empowers every person to be the person that makes a difference for rare disease.

Why Join Us?

We are a global company with over 1,700 employees in more than 30 countries and are committed to the societies where we operate. With a deeply skilled management team directing our day-to-day wins, and a Board with a stellar track record, we’re ready to take on the world’s diseases, ailments and adversity. Our people believe they have the power to make a positive