Revenue Accounting Manager

Job Description

The Revenue Accounting Manager will be responsible for overseeing the accounting for the order-to-cash process and the delivery of accurate and timely financial information relating to certain product revenues, gross to net accounts and accounts receivable to meet the operational needs and internal and external reporting requirements of the North America Region.The role will partner closely with members of Trade and Distribution, Market Access, Finance, Global Revenue Accounting, Government Pricing and Third-Party Partners. The Manager will also be responsible for identifying and driving process improvement initiatives including automation and data analytics as well as supporting new product launches.

Key Duties & Responsibilities

Responsible for order-to-cash process across multiple products. Responsibilities include:

• Managing accounting relationship with third-party logistics providers
• Ensuring timely customer collections and dispute resolution
• Assessing customer creditworthiness and credit limits
• Timely execution of the revenue accounting month-end close for product sales
• Delivery of accurate financial reporting for both internal and external requirements
• Reconcile product revenue and accounts receivable on a monthly basis
• Provide Government Pricing team with monthly reporting ensuring all amounts reconcile to the financial statements
• Develop knowledge of markets to design and perform analytics to evaluate monthly results
• Collaborate with Commercial Finance and Market Access teams on monthly actualization and forecasting process
• Partner with Trade & Operations on 3PL and customer-relationship management
• Utilizing knowledge and data, provide strategic input into recommendations for change and process improvement as well as continuously evolving and evaluating policies and procedures
• Participate (and lead as needed) in the development of new systems, processes and automation
• Drive integration of new product launches into order-to-cash process
• Ability to review and oversee work of team members as needed

Required Education and Experience

• Bachelor's degree required
• Typically requires 5+years of related experience with experience in life sciences preferred
• Advanced excel skills
• Experience with Oracle Financial Software and Accounts Receivable a plus

Knowledge/Skills

• Ability to collaborate and influence across and within different levels of the organization
• Strong written and oral communication skills
• Ability to identify and drive process improvements
• Ability to work in a fast paced, dynamic environment; ability to manage multiple priorities
• Demonstrate continuous improvement mindset and ability to increase responsibilities over time

Pay Range:

Disclosure Statement:

Flex Designation:

Flex Eligibility Status:

In this Hybrid-Eligible role, you can choose to be designated as:
1. Hybrid: work remotely up to two days per week; or select
2. On-Site: work five days per week on-site with ad hoc flexibility.

Note: The Flex status for this position is subject to Vertex's Policy on Flex @ Vertex Program and may be changed at any time.

Company Information

Vertex is a global biotechnology company that invests in scientific innovation.

Vertex is committed to equal employment opportunity and non-discrimination for all employees and qualified applicants without regard to a person's race, color, sex, gender identity or expression, age, religion, national origin, ancestry, ethnicity, disability, veteran status, genetic information, sexual orientation, marital status, or any characteristic protected under applicable law. Vertex is an E-Verify Employer in the United States. Vertex will make reasonable accommodations for qualified individuals with known disabilities, in accordance with applicable law.

Any applicant requiring an accommodation in connection with the hiring process and/or to perform the essential functions of the position for which the applicant has applied should make a request to the recruiter or hiring manager, or contact Talent Acquisition at ApplicationAssistance@vrtx.com