Vertex Pharmaceuticals logo

Senior Manager, Global Revenue Technical Accounting

Vertex Pharmaceuticals
  • Boston, Massachusetts
    14 days ago

    Job Description

    Job Description

    Key Responsibilities

    • Perform revenue recognition evaluations under ASC 606 for new product launches, new contracts, and reimbursement agreements
    • Review new agreements and complex gross-to-net matters and help ensure technical accounting conclusions are applied consistently and appropriately by local accounting teams
    • Document accounting policies related to revenue and gross-to-net matters in collaboration with International and North America revenue accounting teams, as needed
    • Partner with cross-functional teams that review and support the contract drafting process
    • Work closely with global accounting, finance, and commercial organizations to support internal and external financial revenue reporting requirements
    • Partner with the SEC Reporting team to prepare revenue-related disclosures for SEC filings
    • Support quarterly and annual reviews and audits through preparation of revenue recognition memos, audit schedules, and other auditor requests

    Minimum Qualifications

    • Bachelor’s degree in Accounting or Finance
    • Typically requires 7 years of progressive accounting experience in pharmaceutical or life science revenue accounting or a technical accounting role, or the equivalent combination of education and experience
    • Public accounting experience required

    Preferred Qualifications

    • CPA preferred
    • Knowledge of US GAAP revenue accounting guidance, including ASC 606
    • Experience researching revenue accounting and complex gross-to-net accounting matters
    • Experience preparing accounting documentation, memos, and revenue-related disclosures
    • Proficiency in Microsoft Office applications, including Excel, Word, and PowerPoint
    • Strong written communication and memo drafting skills
    • Strong communication and organizational skills
    • Ability to collaborate across and within different levels of the organization
    • Ability to effectively present complex accounting analyses to senior management

    #LI-AA1

    Pay Range:

    $128,900 - $193,300

    Disclosure Statement:

    The range provided is based on what we believe is a reasonable estimate for the base salary pay range for this job at the time of posting. This role is eligible for an annual bonus and annual equity awards. Some roles may also be eligible for overtime pay, in accordance with federal and state requirements. Actual base salary pay will be based on a number of factors, including skills, competencies, experience, and other job-related factors permitted by law.

    At Vertex, our Total Rewards offerings also include inclusive market-leading benefits to meet our employees wherever they are in their career, financial, family and wellbeing journey while providing flexibility and resources to support their growth and aspirations.  From medical, dental and vision benefits to generous paid time off (including a week-long company shutdown in the Summer and the Winter), educational assistance programs including student loan repayment, a generous commuting subsidy, matching charitable donations, 401(k) and so much more.

    Flex Designation:

    Hybrid-Eligible Or On-Site Eligible

    Flex Eligibility Status:

    In this Hybrid-Eligible role, you can choose to be designated as: 
    1.    Hybrid: work remotely up to two days per week; or select
    2.    On-Site: work five days per week on-site with ad hoc flexibility.

    Note: The Flex status for this position is subject to Vertex’s Policy on Flex @ Vertex Program and may be changed at any time. 

    #LI-Hybrid
     

    Company Information

    Vertex is a global biotechnology company that invests in scientific innovation.

    Vertex is committed to equal employment opportunity and non-discrimination for all employees and qualified applicants without regard to a person's race, color, sex, gender identity or expression, age, religion, national origin, ancestry, ethnicity, disability, veteran status, genetic information, sexual orientation, marital status, or any characteristic protected under applicable law. Vertex is an E-Verify Employer in the United States. Vertex will make reasonable accommodations for qualified individuals with known disabilities, in accordance with applicable law.

    Any applicant requiring an accommodation in connection with the hiring process and/or to perform the essential functions of the position for which the applicant has applied should make a request to the recruiter or hiring manager, or contact Talent Acquisition at ApplicationAssistance@vrtx.com

    Numbers & Facts

    LocationBoston, Massachusetts
    IndustryBiotechnology/Pharmaceuticals
    Company Size5,000 to 9,999 employees
    Year Founded1989
    Websitehttps://www.vrtx.com/

    About Company

    Vertex is a global biotechnology company that aims to discover, develop and commercialize innovative medicines so people with serious diseases can lead better lives. In addition to our clinical development programs focused on cystic fibrosis, Vertex has more than a dozen ongoing research programs aimed at other serious and life-threatening diseases. Founded in 1989 in Cambridge, Mass., Vertex today has research and development sites and commercial offices in the United States, Europe, Canada and Australia. For six years in a row, Science magazine has named Vertex one of its Top Employers in the life sciences. For additional information and the latest updates from the company, please visit www.vrtx.com

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