Revenue Accounting Manager

Revenue Accounting Manager

Brentwood, TN | Full Time

About Currax

Currax Pharmaceuticals LLC is a specialty pharmaceuticals company focused on providing increased access to life-changing medications for patients and healthcare providers. We seek to improve patient health and quality of life through the acquisition and commercialization of medications, including Contrave, Silenor, Treximet, ONZETRA Xsail, and a portfolio of generic medications.

At Currax, we take pride in our mission to serve patients, and we value authenticity and collaboration in our workplace. As we experience an exciting period of accelerated growth, our organization is rich with opportunities for our people to gain hands-on experience and fulfill career aspirations while making a direct impact on the lives of patients we serve.

About the Role

The Revenue Accounting Manager will be responsible for finance and accounting related to Gross-to-Net (GTN) to ensure appropriate revenue accounting. Through a combination of process design, best practice development, analytics, and reporting, they will develop best-in-class forecasting and GTN accrual processes. The role will partner with the third-party government pricing and GTN accrual provider, as well as internal resources in Market Access, Trade, Supply Chain, and Finance to ensure appropriate revenue reporting.

Responsibilities

• Act as subject matter expert in pharmaceutical government pricing, and as primary owner of relationship with third-party government pricing and GTN accrual provider

• Prepare, review and analyze journal entries for product gross-to-net accruals.

• Account for product revenue and all other gross-to-net accruals, including rebate programs, returns reserves, estimates and other adjustments not managed by third party to accurately close the financial books.

• Design, prepare and provide analytical, accounting, and reporting support primarily related to revenue, including monthly fluctuation explanations of actuals versus forecast.

• Manage the documented processes and policies, including SOPs and identification of internal controls in connection with product revenue

• Work with Commercial and other groups to monitor and update assumptions for gross-to-net accounting

• Review and approve Medicaid, Tricare, Managed Care, etc. invoicing packages after creation by third-party vendor

• Prepare, review and analyze all Generic invoices and Customer rebates, etc. preparing the invoicing packages for GL posting

• Coordinate with Commercial team to ensure robust controls for sales cut-off to properly recognize revenue

• Manage third party review of government pricing to ensure compliance, including best price calculations and other areas

• Manage year-end audit of revenue accounting and all gross-to-net calculations and support

• Analysis and reconciliation of accounts and preparation of monthly journal entries

• Develop and continually evolve other reporting tools that enable accurate analysis

• Perform strategic business and ad-hoc accounting projects as they arise

Required Qualification & Skills

• Bachelor's Degree or higher degree in Accounting or Finance

• 5-7+ years of experience in pharmaceutical or life sciences experience; minimum of 1-2+ years specializing in Pharmaceutical Gross-to-Net Accounting desired

• Knowledge of government pricing; rebate liability forecasting, and accruals

• Ability to manage third party providers including approvals and review of accruals

• Understanding of Generic pharmaceutical portfolio including chargebacks

• Skilled in process modeling, financial analysis, and business process design

• Advanced Excel required; building and maintaining models used for calculating and forecasting gross-to-net deductions

• Ability to define problems, collect data, establish facts, draw valid conclusions, and present in a structured manner to senior management

• Experience with IntegriChain (e.g., government pricing, ICyte) a plus

• Experience in a Contract Management, Strategy and Analytics environment or Commercial Operations and Analytics is desirable

Currax is committed to the health and well-being of our employees and families and offers a comprehensive benefits package. Available benefits include medical, dental, and vision coverage, 401(k) plan with company match, paid time off and holidays, and other benefits to support your physical, financial, and social well-being. Currax is an equal opportunity employer and complies with all applicable laws prohibiting discrimination based upon age, ancestry, color, creed, disability, marital status, medical condition, genetic information, military and veteran status, national origin, political activities or affiliation, race, sex, gender, gender identity and gender expression, sexual orientation, as well as any other category protected by law. Read our full EEO statement at http://www.curraxpharma.com/careers/eeo-statement/