Manager, Accounting

Pharmacosmos Therapeutics Inc. · Morristown, NJ · 4 days ago

Full-time

We are a global, family-owned company driven by a passion for innovation. Building on our foundational expertise in carbohydrate chemistry and cell cycle biology, we develop innovative treatments for unmet patient needs, with a focus on iron metabolism and blood-related disorders. With 700+ employees across the UK, Ireland, the Nordics, Germany, the USA, and China, we are committed to scientific excellence, patient care, and collaborative partnerships with the medical community.

About the role

Reporting to the Sr. Manager, Accounting, the Accounting Manager will manage core accounting functions, including GTN accounting, cash and AR reporting, month-end close procedures, and internal control compliance. This role will provide oversight to key areas such as revenue, Gross-to-Net, Order to Cash activities, prepaids, and other balance sheet reconciliations. The Accounting Manager will serve as a critical partner across departments, contribute to decision-making, and play a key role in streamlining accounting processes as the company scales. The ideal candidate will have a strong background in Gross-to-Net accounting, preferably within the pharmaceutical industry, strong analytical skills, and the ability to work effectively in a dynamic and fast-paced environment.

Responsibilities

Execute day-to-day operations of the accounting function, providing guidance and process efficiencies throughout the month. Promote a culture of continuous improvement and accountability within the accounting team.
Execute timely and accurate preparation of financial reports in compliance with US GAAP and company policy. Ensure completeness and accuracy of monthly financial reporting in alignment with local and global reporting requirements.
Contribute to the monthly and quarterly close process, ensuring all journal entries, reconciliations, and financial analyses are completed on schedule and with high quality. Execute day-to-day accounting activities of the Company, including ownership of cash application, bank reconciliations, AR aging reporting, Gross-to-Net account details, monthly book close process, preparation of journal entries, account reconciliations, and variance analysis.
Possess a strong understanding of revenue recognition principles, accounts receivable management, and cash application procedures. Ensure accurate tracking and reporting of sales orders, invoices, and customer payments, including validation of Chargeback claims / Off-Invoice discounts. Coordinate and collaborate with external customer service and internal Market Access teams to ensure accuracy of receivables, sales, and related deductions.
Ensure compliance with relevant accounting standards and regulations, including internal control requirements and industry-specific regulations. Monitor accounting processes to ensure they align with US GAAP principles and are in alignment with internal company policies. Support internal risk compliance by properly performing assigned internal controls. Execute and enhance documentation of financial processes and controls.
Coordinate preparation for annual audits and quarterly reviews in close collaboration with the Sr. Manager of Accounting, managing auditor requests and schedules. Assist in the preparation of audit schedules and provide support to auditors during annual audits and quarterly reviews.
Identify opportunities for process improvements in accounting and finance operations, implementing best practices to increase efficiency and effectiveness. Assist with the implementation of consistent accounting and finance processes and procedures. Evaluate automation opportunities and implement scalable solutions to support company growth. Successfully participate in implementations/upgrades of the ERP system (Microsoft Dynamics Business Central).
Participate in ad-hoc projects and analyses as required by management and perform other related duties as assigned.
Stay current and in compliance both individually and as a department to align with industry best practices, including all Corporate Policies as well as mandated government Regulations. Ensure adherence to all relevant laws, regulations, and guidelines related to pharmaceutical operations, including FDA, EMA, and other global health authority regulations. Stay current with and adhere to all policies and procedures as outlined in the employee handbook.

Requirements

Bachelor’s degree in Accounting or related field.
Minimum of 8+ years of progressive accounting/financial reporting experience required, with at least 2+ years in the pharmaceutical industry.
Prior exposure to Order to Cash, revenue accounting, and Gross-to-Net reporting is required.
Strong knowledge of GAAP and financial reporting requirements.
Advanced level proficiency with Excel, Word, and accounting-related software.
ERP system experience (Microsoft Dynamics Business Central strongly preferred).
Experience in supporting tax compliance topics for both Federal and State taxation.
Ability to identify and implement process and procedure improvements.

Skills

High degree of professional integrity, initiative, and accountability.
Excellent analytical and problem-solving skills, with keen attention to detail.
Ability to prioritize and manage multiple tasks in a fast-paced environment.
Strong communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams.
Strong affinity to systems/automation solutions (ERP, workflows, Power BI, etc.) with a mindset for automation and continuous improvement.
Curiosity/learning agility – interest in and willingness to broaden skillset over time and invest in continued personal growth.
Can-do attitude and problem-solving abilities.
Proud Pharmacosmos ambassador with strong personal leadership.
Ability to inspire cross-functional transparency and collaboration.
Customer-centric ‘can-do’ attitude and goal-focused.
Ambitious, independent, analytical, collaborative, loyal, and organized.

Benefits

This position is eligible for Cash Bonus.
This position is eligible for LTIP (Long Term Incentive Plan).

Schedule

Pharmacosmos Therapeutics Inc. has adopted a hybrid work schedule – a combination of being on-site at our Morristown, NJ offices along with remote working. Traveling is approximately 5% of the time.