Associate Director, Revenue and Gross-to-Net Accounting

Position Summary

At Travere Therapeutics, we are committed to identifying, developing, and delivering life-changing therapies for people living with rare diseases. The Associate Director, Revenue and Gross-to-Net Accounting, is responsible for performing key aspects of the company’s revenue recognition and gross-to-net accounting functions.

Responsibilities

• Perform monthly revenue and gross-to-net accounting processes, ensuring accurate and timely revenue recognition in accordance with ASC 606.
• Own the calculation, review, and analysis of gross-to-net reserves and adjustments, including rebates, chargebacks, returns, discounts, and other revenue deductions.
• Prepare revenue-related journal entries, account reconciliations, analyses, and supporting schedules.
• Partner with Forecasting, FP&A, Market Access, Commercial, and Patient Access teams to support gross-to-net forecasting methodologies and assumptions.
• Evaluate revenue-related contracts and commercial arrangements and prepare technical accounting analyses and memoranda.
• Monitor and analyze gross-to-net trends, payer dynamics, and reimbursement changes to provide actionable business insights.
• Lead SOX compliance activities, internal controls, audit support, and process documentation related to revenue and gross-to-net accounting.
• Support commercialization activities, including new product launches, payer contracting strategies, and distribution channel changes.
• Drive process optimization, automation initiatives, and system enhancements to improve efficiency, scalability, and reporting accuracy.
• Assist in developing and mentoring accounting team members and fostering a culture of continuous improvement.
• Collaborate with Corporate Accounting and Financial Reporting teams to support quarterly and annual reporting requirements.

Education/Experience Requirements

• Bachelor’s degree in accounting or finance required.
• CPA certification required.
• 8-10+ years of progressive accounting experience, including significant ASC 606 revenue recognition and gross-to-net accounting.
• Public accounting experience required; Big 4 experience strongly preferred.
• Experience leading complex accounting processes, cross-functional initiatives, and audit activities.
• Experience in biotech or pharmaceutical industry with understanding of pharmaceutical commercial revenue recognition and gross-to-net accounting under ASC 606.

Additional Skills/Experience/Requirements

• Embody Travere’s core values: Courage, Community Spirit, Patient Focus, and Teamwork.
• Strong analytical mindset with excellent problem-solving capabilities and attention to detail.
• Ability to balance detailed execution with strategic thinking and business partnership.
• Self-starter with the ability to work independently, exercise sound judgment, and take initiative in a fast-paced environment.
• Strong knowledge of US GAAP and familiarity with monthly close processes and quarterly financial reporting.
• Advanced Excel skills, including pivot tables, lookups, data analysis. Power BI and Alteryx skills a plus.
• Experience with ERP systems; NetSuite experience preferred.
• Highly organized with the ability to prioritize, multitask, and adapt to shifting business needs.
• Excellent communication, collaboration, and interpersonal skills.
• Able to collaborate effectively across cross-functional teams in a remote or hybrid environment, with occasional travel to the San Diego office as business needs require.