Jobs · Accounting · California

Senior Revenue Accountant

TalentAlly · Novato, CA · Yesterday
HybridAccounting$100k–$124k/yrFull-time

Position Summary

The Senior Accountant will demonstrate strong ownership, judgment, and attention to detail while performing assigned responsibilities and continuously seeking opportunities to improve processes and efficiencies. Areas of responsibility include the preparation, recording, analysis, and review of revenue accounting activities to ensure compliance with generally accepted accounting principles (GAAP), corporate policies, SOX requirements, and external audit standards.

Responsibilities

  • Review of transactions for compliance with ASC-606 revenue standards
  • Reconcile transactions issued by the supply chain team for multiple territories
  • Perform revenue data analysis in revenue and accounts receivable and associated reserves
  • Prepare and review gross-to-net accruals and related reserve analyses
  • Support revenue recognition for product sales and collaboration arrangements
  • Analyze chargebacks, rebates, returns, government pricing-related reserves, and other deductions from revenue
  • Reconcile distributor, wholesaler, or third-party logistics activity to revenue and AR records
  • Identify opportunities for automation to improve the speed and efficiency of the monthly revenue close
  • Partner with cross-functional teams including finance, commercial, and various business owners on a variety of projects
  • Prepare journal entries, balance sheet reconciliations and flux analysis at month-end close
  • Participate in revenue accounting projects, including system enhancements, process improvements, automation initiatives, and implementation of new business models or contract arrangements
  • Support external audit requirements related to specific areas of responsibility
  • Aid in financial reporting during the month-end close process
  • Analyze/prepare aging reports and perform collection efforts as needed

Requirements

  • Minimum qualification of bachelor's degree or equivalent
  • 3+ years of experience in accounting
  • Experience with pharmaceutical/biotech revenue models, such as product revenue, gross-to-net, rebates, chargebacks, distributor arrangements, returns reserves, and government pricing (a plus)
  • Experience with ERP systems and revenue subledger tools (preferred)
  • Public company, SOX, or external audit experience (preferred)
  • CPA or CPA track (preferred)
  • Advanced Excel, PowerPoint & Word (strong analytical skills)
  • Oracle, SAP, NetSuite, or similar ERP experience (preferred)

Pay

The typical annual salary range for this full-time position is $100,000—$123,600 USD. Full Time employees across the globe enjoy a range of benefits, including, but not limited to:

  • Generous vacation time and public holidays observed by the company
  • Volunteer days
  • Long term incentive and Employee stock purchase plans or equivalent offerings
  • Employee wellbeing benefits
  • Fitness reimbursement
  • Tuition sponsoring
  • Professional development plans
  • Benefits vary by region and country

About the Role

Ultragenyx is committed to leading the future of rare disease medicine by challenging the status quo and creating a new model that advances our field so more patients and caregivers can benefit from life-changing treatments. We do this by following the science, applying a novel rapid development approach, making innovative medicines at fair and reasonable prices, and creating a collaborative ecosystem to reach patients in ways that are most meaningful for them. Our commitment and care for patients extends to our people, so culture is an essential cornerstone for Ultragenyx. We remain continuously focused on creating a supportive and inclusive environment of profound learning and growth - so employees can thrive in all areas of their lives, in and outside of work. Ultimately, we want to be an organization where we would be proud for our family, friends and children to work.

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