Director, Global Technical Accounting Transaction Support
BioSpace · Morristown, NJ · 3 wk ago
On-siteAccountingFull-time
About the role
This position reports directly to the Head, Global Technical Accounting Transaction Support and is responsible for performing the identification, research, analysis and documentation of various accounting topics including operational projects, business initiatives, and contractual agreements to ensure compliance with the Sanofi Global Guide of Accounting (SAGA) and International Financial Reporting Standards (IFRS).
Responsibilities
- Provide technical advice in such areas as revenue recognition from out-licensing, mergers & acquisitions, divestments, alliances, collaboration agreements, R&D in-licensing arrangements and lease agreements among other operational topics and strategic projects.
- Review accounting treatments with respect to financial instruments proposed by Corporate Treasury.
- Review contemplated business transactions and agreements and assess Group accounting consequences (also on the basis of facts and circumstances).
- Collaborate with other groups within Consolidations and Statutory Reporting regarding the reporting and disclosure consequences on various accounting topics including operational projects, business initiatives and contractual agreements of which technical advice was provided.
- Collaborate with other groups outside of Consolidations and Statutory reporting regarding the accounting consequences of various accounting topics including operational projects, business initiatives and contractual agreements, specifically Account to Report, Tax, External Auditors etc.
- Write and communicate formal accounting position papers and memos for internal purpose to be distributed to the groups impacted internally as well as for external auditors.
- Interact with Internal Control as it relates to formalization of accounting treatments in regard to technical advice on key transactions and operational projects provided and perform SOX requirements as deemed necessary.
- Assess preliminary impacts of new accounting and reporting pronouncements as it relates to existing and new contractual arrangements and key operational initiatives.
- Provide input and examples for the Group accounting manual based on prior experience with historical complex transactions.
- Participate in global accounts committees to provide technical accounting expertise on various projects and initiatives raised by the various countries as well as contractual agreements etc.
- Contribute to the Finance organizations hard closing process by ensuring that all one-off complex transactions are appropriately documented and concluded on in order to ensure a smooth year end process.
- Contribute to the Finance organizations hard closing process by supporting initiatives made by the department to ensure the completeness around all one-off complex transactions occurring globally are documented and concluded on in a timely fashion and also aligned with internal key stakeholders as well as external auditors.
Requirements
- Bachelor's degree from an accredited four-year college or university
- Area of specialization: Accounting
- 7-10 years of professional experience
- CPA Certification
- Must have management/supervision experience in a public accounting firm.
- Knowledge of US GAAP & IFRS required
- Pharmaceutical industry knowledge a plus
- Excellent organizational and communication skills - written and oral.
- Strong interpersonal, proven leadership and team building skills are a must.
- Detail-oriented
Qualifications
- Knowledge of US GAAP & IFRS required
- Pharmaceutical industry knowledge a plus
- Excellent organizational and communication skills - written and oral.
- Strong interpersonal, proven leadership and team building skills are a must.
- Detail-oriented
Skills
- Knowledge of US GAAP & IFRS
- Pharmaceutical industry knowledge
- Excellent organizational and communication skills
- Strong interpersonal, proven leadership and team building skills
- Detail-oriented
Benefits
Employees may be eligible to participate in Company employee benefit programs, and additional benefits information can be found here.
Pay
Commensurate with demonstrated experience.
Schedule
N/A