Director, Revenue Accounting (Gross to Net) - Hybrid

Date: Sep 7, 2024

Location:

Parsippany, United States, New Jersey, 07054

Company: Teva Pharmaceuticals

Job Id: 57637

Who we are

Together, we’re on a mission to make good health more affordable and accessible, to help millions around the world enjoy healthier lives. It’s a mission that bonds our people across nearly 60 countries and a rich, diverse variety of nationalities and backgrounds. Working here means working with the world’s leading manufacturer of generic medicines, and the proud producer of many of the products on the World Health Organization’s Essential Medicines List. Today, at least 200 million people around the world take one of our medicines every single day. An amazing number, but we’re always looking for new ways to continue making a difference, and new people to make a difference with.

The opportunity

The Director, Revenue Accounting – Generic Brands, will manage a team with ownership of monthly and quarterly accounting processes for all US Generic products revenues, delivering close results accurately and timely, supporting quarterly and annual audit requirements, promoting and maintaining a strong control environment.

This role will participate, and support forecasting and budgeting processes specifically focused on understanding of Gross to Net estimates and liabilities for existing and future products. In addition to key accounting deliverables this role will also develop the efficiency and accuracy of accounting operations of daily revenue reporting and supporting commercial management requests needed to properly evaluate product profitability.

The Director of Revenue Accounting is a leadership position within the Accounting Department reporting to the Sr. Director of Revenue Accounting with a goal of developing team members and collaborating with the business partners in Accounting, Finance, Commercial Operations, Customer Administration, and Pricing.

A successful candidate will have technical competence and experience in product revenue accounting and analytics, compliance and operational experience and team management.

How you’ll spend your day

Essential Duties & Responsibilities

• Lead Generics GTN team in the preparation and review of accounting close activities including the review of new contracts, complex account reconciliations, quarterly analytics and controls

• Responsible for analysis of sales reserves - on-going and formalized month-end / quarter-end basis.

• Support continuous improvement of the efficiency and accuracy of internal reporting measures including daily sales scorecard/flash, monthly/quarterly revenue analytics and profitability reporting

• Primary contact for financial planning leads in providing forecasted and actual data related to gross to net reserves for Generics products

• Support external reporting and audit requirements

• Support internal business requests for product performance analytics

• Drive continuous development of tools to drive efficiency and promote scalability as it relates to issue identification and resolution in day-to-day operations of internal reporting

• Opportunities to collaborate and support efforts in other areas of business

Note: This is a hybrid role requiring the selected candidate to work onsite in Parsippany 2-3 days per week.

Your experience and qualifications

Education Required:

• Bachelor’s degree in accounting or related field

Experience Required:

• Minimum 8+ years progressive accounting experience

• Prior Gross to Net accounting experience

• Prior supervisory experience (minimum 5+ years)

 Excellent communication and organizational skills

 Ability to think strategically and interact with senior leadership and external auditors

Education Preferred:

• CPA License or MBA

Experience Preferred:

• Prior Pharmaceutical Industry experience

• Experience with SAP ERP Modules

Specialized or Technical Knowledge Licenses, Certifications needed:

• Knowledge and experience in application of US GAAP

Enjoy a more rewarding choice

We are strengthening and adding to our critical teams with great talent and capabilities: Teva, a global organization with a brand of evolving success. Be part of it!

We offer a competitive benefits package, including Medical, Dental, Vision, and Prescription coverage starting on the first day. We also offer Disability and Life Insurance, Paid Time Off, Paid Holidays, 6% match on the 401(k), Employee Stock Purchase Plan, and Tuition Assistance.

Already Working @TEVA?

If you are a current Teva employee, please apply using the internal career site available on "Employee Central". By doing so, your application will be treated with priority. You will also be able to see opportunities that are open exclusively to Teva employees. Use the following link to search and apply:Internal Career Site (https://performancemanager.successfactors.eu/sf/careers/jobsearch?bplte_company=1080030P)

The internal career site is available from your home network as well. If you have trouble accessing your EC account, please contact your local HR/IT partner.

Teva’s Equal Employment Opportunity Commitment

Teva Pharmaceuticals is committed to equal opportunity in employment. It is Teva's global policy that equal employment opportunity be provided without regard to age, race, creed, color, religion, sex, disability, pregnancy, medical condition, sexual orientation, gender identity or expression, ancestry, veteran status, national or ethnic origin or any other legally recognized status entitled to protection under applicable laws. We are committed to a diverse and inclusive workplace for all. If you are contacted for a job opportunity, please advise us of any accommodations needed to support you throughout the recruitment and selection process. All accommodation information provided will be treated as confidential and used only for the purpose of providing an accessible candidate experience.

EOE including disability/veteran