Senior Director, Revenue and Cost Accounting

Overview

This role involves leading revenue and cost accounting activities to support commercial growth, strengthen internal controls, and scale accounting processes. The position includes periodic meetings at the Parsippany, NJ headquarters and reports to the Vice President, Finance/Controller/Chief Accounting Officer.

Responsibilities

• Lead the end-to-end revenue accounting process, including product sales, licensing, and collaboration arrangements, as applicable
• Ensure accurate application of ASC 606 across all revenue streams
• Oversee gross-to-net (GTN) estimates, including rebates, chargebacks, returns, copay assistance, and distribution fees
• Oversee and manage external G2N consultants, including scope definition and deliverables, review and challenge of assumptions and methodologies, performance monitoring, and cost management
• Ensure alignment between internal teams and external partners on data inputs, assumptions, and reporting outputs
• Partner with Market Access and Commercial teams and external consultants to analyze trends and refine GTN assumptions and projections
• Oversee monthly, quarterly, and annual revenue close processes, including journal entries, reconciliations, and analytics
• Oversee inventory accounting for raw materials, work-in-process (WIP), and finished goods
• Ensure accurate and timely monthly, quarterly, and annual close processes related to inventory and cost of goods sold (COGS)
• Maintain compliance with U.S. GAAP, including inventory costing, variance analysis, and inventory reserves (e.g., excess and obsolete assessments)
• Own average cost development, updates, and variance analysis across products and manufacturing sites
• Partner with Manufacturing & Supply Chain to analyze cost drivers and improve gross margins
• Support procurement, forecasting, and budgeting processes related to inventory and COGS
• Make final decisions on cost accounting implementations and drive continuous improvement initiatives
• Ensure compliance with SOX 404 requirements, including design and execution of internal controls over revenue and inventory
• Maintain robust documentation of accounting policies and procedures

Requirements

• Bachelor’s degree in Accounting or Finance-related field; CPA strongly preferred
• 12 years of progressive accounting experience, with significant focus on revenue recognition and inventory costing
• Prior experience in a public company and life sciences/biotech or pharmaceutical industry required
• Strong experience supporting SEC reporting (10-K, 10-Q)
• Strong previous CMC experience working closely with manufacturing teams within the biotechnology/pharmaceutical industry
• Proven experience managing external consultants or outsourced service providers, preferably in GTN
• Modeling of Bill of Materials and inventory forecasting experience

Preferred Qualifications

• Experience in product launches and global expansion

Compensation & Benefits

• General salary range: $235,000 to $260,000 (offered compensation is determined based on market data, internal equity, and an applicant’s relevant skills, experience, and educational background)
• Comprehensive benefits program for regular-status, full-time employees, including:
  • Medical, dental, vision
  • Life insurance
  • Flexible spending accounts
  • Disability insurance
  • Supplemental health insurance
  • 401(k) retirement savings plan
  • Employee stock purchase plan
• Time off program includes eligibility to accrue:
  • 160 hours of vacation during each full year of employment
  • 64 hours of sick leave
  • 9 standard paid holiday days off
  • Paid leave for certain life events

Location

Parsippany, NJ headquarters (periodic meetings required)

Equal Employment Opportunity

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status.