Revenue Manager Position Available In Wake, North Carolina

Description Robert Half has partnered with a growing Pharmaceutical company in Raleigh to assist them in hiring a Gross to Net Revenue Manager position. The ideal candidate will possess at least 5 years of revenue recognition and reporting experience in the pharma industry. In this role, you will be tasked with managing the Gross to Net (GTN) accounting process, ensuring compliance with GAAP and ASC 606 revenue recognition. You will also collaborate with different teams including Commercial Finance, Pricing, and Customer Service to review monthly GTN and accruals vs. actuals. This role provides a unique opportunity as you will be at the forefront during a period of growth due to new product launches. This growing company offers a hybrid work schedule, a competitive base salary and an annual bonus.

Role Overview:

+ Manage Gross to Net (GTN) accounting and month-end closing activities across three entities, in compliance with Local GAAP and ASC 606 for revenue recognition. + Collaborate with internal teams (Commercial Finance, Pricing, Customer Service) to perform GTN reviews, accruals vs. actuals true-ups, and ensure reporting accuracy. + Act as a subject matter expert on revenue recognition, analyzing revenue contracts and aligning accounting practices with corporate policies.

Key Responsibilities:

+ Oversee GTN accruals, including chargebacks, rebates, returns, and other adjustments, ensuring adequate accruals. + Analyze GTN component utilization and reconcile secondary stock with chargeback submissions. + Establish, implement, and maintain revenue recognition policies and standard operating procedures. + Review revenue contracts for compliance with ASC 606 and validate pricing setups. + Lead audits (internal and external) related to GTN and Accounts Receivables, ensuring alignment with controls. + Drive process improvements, data reporting optimizations, and reconciliation of order-to-cash functions. + Monitor Days Sales Outstanding (DSO) and resolve customer disputes to maintain expected performance. + Track wholesaler inventory and provide product launch/buyout reporting. + Collaborate across departments to fulfill accounting close requirements, business reporting needs, and financial decisions.

Skills & Qualifications:

+ Bachelor’s degree in Accounting, Finance, or Business. + 10+ years of industry experience and 5+ years of accounting experience in revenue recognition. + SAP knowledge preferred, with an understanding of pharmaceutical pricing and contracts considered a strong asset. This role offers leadership opportunities during a growth phase, driven by new product launches and acquisitions. Requirements

• Must possess a minimum of 7 years of experience in the Health Pharm/Biotech industry.
• Proficient in Company Revenue Recognition and Revenue Recognition Accounting.
• Expertise in ASC 606 is mandatory.
• Familiarity with Gross to Net procedures within the pharmaceutical industry is required.
• Experience in handling Pharmaceutical rebates and Chargebacks is crucial.
• Should be capable of performing Balance Sheet Account Reconciliation.
• Must have experience with Month End Close processes.
• Proficiency in using SAP software is necessary.
• Experience with Financial Audits is essential.

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