Senior Revenue Accountant
Aucta Pharmaceuticals Inc. · Basking Ridge, New Jersey, United States
FULL TIMEpermanent
Job Description
Senior Revenue & GTN AccountantPosition SummaryThe Senior Revenue & GTN Accountant will support revenue accounting, gross-to-net (GTN) management, government pricing operations, forecasting, and commercial contract analysis for pharmaceutical products. This role will serve as a key business partner across Finance, Commercial, Market Access, and external government pricing vendors to ensure accurate net sales reporting, GTN reserves, revenue recognition, and compliance with applicable regulations.
Do not pass up this chance, apply quickly if your experience and skills match what is in the following description.
Key ResponsibilitiesGross-to-Net (GTN)Prepare monthly GTN accruals and true-up analyses.Analyze and monitor:ChargebacksMedicaid rebatesManaged care rebatesDistribution service feesPrompt pay discountsProduct returnsCo-pay programsGovernment program deductions.Work with third-party vendors to validate rebate submissions and accrual estimates.Investigate GTN variances and recommend process improvements.Support monthly GTN forecasting and financial planning activities.
Government Pricing SupportSupport AMP, Best Price, FCP, and 340B reporting processes.Coordinate with government pricing vendors and internal stakeholders.Review government pricing calculations and supporting documentation.Maintain SOPs, controls, and documentation related to government pricing compliance.
Revenue AccountingPrepare monthly revenue recognition calculations in accordance with ASC 606.Review customer contracts and assess accounting implications.Analyze gross sales, net sales, and revenue adjustments.Prepare monthly revenue-related journal entries and reconciliations.Support quarter-end and year-end revenue close activities.Assist with external audit requests related to revenue accounting.
Financial Reporting & AnalysisPrepare monthly revenue and GTN trend analysis.Support preparation of:Product P&LMonthly Business Review (MBR)Executive reporting packages.Analyze business drivers affecting net sales, margin, and profitability.Assist with budgeting and forecasting activities related to revenue and GTN.
Contract Management & ComplianceReview distributor, specialty pharmacy, GPO, PBM, and payer contracts.Summarize financial terms affecting revenue recognition and GTN.Maintain contract database and accounting abstracts.Evaluate accounting impacts of commercial agreements and amendments.
ERP / Process ImprovementParticipate in SAP or NetSuite implementation activities.Support UAT testing and validation of revenue and GTN workflows.Develop and maintain process documentation and internal controls. xzbcwsv Identify automation opportunities for revenue and GTN processes.
QualificationsEducationBachelor's degree in Accounting or Finance requiredCPA preferredExperience3-5 years accounting experience3+ years pharmaceutical, biotech, or healthcare industry experienceStrong understanding of:ASC 606Revenue RecognitionGTN AccountingRebate AccrualsGovernment PricingTechnical SkillsAdvanced ExcelERP systems (SAP / NetSuite preferred)Experience working with government pricing vendors preferred
Do not pass up this chance, apply quickly if your experience and skills match what is in the following description.
Key ResponsibilitiesGross-to-Net (GTN)Prepare monthly GTN accruals and true-up analyses.Analyze and monitor:ChargebacksMedicaid rebatesManaged care rebatesDistribution service feesPrompt pay discountsProduct returnsCo-pay programsGovernment program deductions.Work with third-party vendors to validate rebate submissions and accrual estimates.Investigate GTN variances and recommend process improvements.Support monthly GTN forecasting and financial planning activities.
Government Pricing SupportSupport AMP, Best Price, FCP, and 340B reporting processes.Coordinate with government pricing vendors and internal stakeholders.Review government pricing calculations and supporting documentation.Maintain SOPs, controls, and documentation related to government pricing compliance.
Revenue AccountingPrepare monthly revenue recognition calculations in accordance with ASC 606.Review customer contracts and assess accounting implications.Analyze gross sales, net sales, and revenue adjustments.Prepare monthly revenue-related journal entries and reconciliations.Support quarter-end and year-end revenue close activities.Assist with external audit requests related to revenue accounting.
Financial Reporting & AnalysisPrepare monthly revenue and GTN trend analysis.Support preparation of:Product P&LMonthly Business Review (MBR)Executive reporting packages.Analyze business drivers affecting net sales, margin, and profitability.Assist with budgeting and forecasting activities related to revenue and GTN.
Contract Management & ComplianceReview distributor, specialty pharmacy, GPO, PBM, and payer contracts.Summarize financial terms affecting revenue recognition and GTN.Maintain contract database and accounting abstracts.Evaluate accounting impacts of commercial agreements and amendments.
ERP / Process ImprovementParticipate in SAP or NetSuite implementation activities.Support UAT testing and validation of revenue and GTN workflows.Develop and maintain process documentation and internal controls. xzbcwsv Identify automation opportunities for revenue and GTN processes.
QualificationsEducationBachelor's degree in Accounting or Finance requiredCPA preferredExperience3-5 years accounting experience3+ years pharmaceutical, biotech, or healthcare industry experienceStrong understanding of:ASC 606Revenue RecognitionGTN AccountingRebate AccrualsGovernment PricingTechnical SkillsAdvanced ExcelERP systems (SAP / NetSuite preferred)Experience working with government pricing vendors preferred
Details
| Company | Aucta Pharmaceuticals Inc. |
| Location | Basking Ridge, New Jersey, United States |
| Type | FULL TIME |
| Niche | hr |
| Experience | permanent |