Jobs · OTHR · New Jersey

Director, Global Technical Accounting Transaction Support

BioSpace · Morristown, NJ · 2 mo ago
On-siteOTHRFull-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). This role will have significant interactions and visibility with senior level management, including multiple Executive Committee members, business development, and independent auditors. It will also require close cooperation with other teams within Corporate Consolidations & Statutory Reporting to ensure proper recording and disclosure of various accounting topics. This person will service all Global Business Units (GBUs) and be part of the Finance organization.

Responsibilities

  • Provide technical advice in areas such 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 of various accounting topics, including operational projects, business initiatives, and contractual agreements.
  • Collaborate with other groups outside of Consolidations and Statutory Reporting (e.g., Account to Report, Tax, External Auditors) regarding accounting consequences of various topics.
  • Write and communicate formal accounting position papers and memos for internal distribution and external auditors.
  • Interact with Internal Control regarding formalization of accounting treatments for key transactions and operational projects, and perform SOX requirements as necessary.
  • Assess preliminary impacts of new accounting and reporting pronouncements as they relate 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, initiatives, and contractual agreements.
  • Contribute to the Finance organization’s hard closing process by ensuring all one-off complex transactions are appropriately documented and concluded to ensure a smooth year-end process.
  • Support departmental initiatives to ensure completeness around all one-off complex transactions occurring globally are documented, concluded on in a timely fashion, and aligned with internal key stakeholders and external auditors.

Requirements

  • Bachelor's degree from an accredited four-year college or university (Accounting specialization).
  • 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.
  • Detail-oriented.

Benefits

  • Discover endless opportunities to grow your talent and drive your career, whether through a promotion or lateral move, at home or internationally.
  • Enjoy a thoughtful, well-crafted rewards package that recognizes your contribution and amplifies your impact.
  • Take good care of yourself and your family with a wide range of health and wellbeing benefits, including high-quality healthcare, prevention and wellness programs, and at least 14 weeks of gender-neutral parental leave.

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