Sr. Revenue Analyst - Cary, United States - Chiesi USA

Description

About us

Based in Parma, Italy, Chiesi is an international research-focused pharmaceuticals and healthcare group with over 85 years' experience, operating in 30 countries with more than 6,000 employees (Chiesi Group). To achieve its mission of improving people's quality of life by acting responsibly towards society and the environment, the Group research, develops and markets innovative drugs in its three therapeutic areas: AIR (products and services that promote respiration, from new-born to adult populations), RARE (treatment for patients with rare and ultra-rare diseases) and CARE (products and services that support special care and consumer-facing self-care).

We are proud to be the largest global pharmaceutical group to be awarded B Corp Certification, a recognition of high social and environmental standards. We are a reliable company that adopts and promotes transparent ethical behavior at all levels.

We are committed to embrace diversity, inclusion and equal opportunities. In fact, we are a global family made up of different cultures, different genders, generations, ethnicities, abilities, sexual identities and many other enriching diversities.

Chiesi USA

Chiesi USA is a specialty pharmaceutical company focused on developing and promoting products for the hospital, adjacent specialty and rare disease markets. We are a B Corp and Benefit company awarded Top Employer status for six consecutive years and certified as a Great Place to Work.

At Chiesi, we share an entrepreneurial spirit and act as a force for good, pursuing high social and environmental standards, to ensure the wellbeing of our people, patients, and communities. We offer a work environment where professionals have the opportunity to build a purposeful career focused on helping others while achieving a fulfilling work-life balance, meeting exciting challenges, and engaging in important and rewarding work.

What we offer

Chiesi offers competitive benefits, services, and programs that enrich the personal and professional lives of our employees. Our shared values of passion, innovation, trust and integrity bring out the individual talents and diverse perspectives of each of our colleagues. Our environment encourages each individual to reach his or her full potential and drive outstanding results. We celebrate that "Every one of us is different. Every one of us is Chiesi."

Purpose

This position, with the support and leadership of the Sr. Revenue Manager, will lead initiatives to improve and enhance the Company's gross to net revenue recognition processes including related data compilation, reporting, risk mitigation and internal controls. The Analyst will support the revenue accounting function, specifically the analysis of gross-to-net allowances, related month-end close and reporting, trend analyses and forecasting. The job has cross-functional interaction as a business partner, requiring timely coordination and evaluation of all gross-to-net component inputs and trends with various departments

Main Responsibilities

Gross to Net Revenue Analysis:

- Prepare and distribute weekly net sales reports

- Calculate and communicate monthly net sales projections

- Calculate and document assigned revenue analytics, KPIs, and trend data

- Independently prepare and document quarterly analyses of rates and accruals as assigned by senior team members

Gross to Net Revenue Forecasting:

- Assist with forecast and budget gross to net estimation processes

- Calculate and document assigned gross to net sales allowances, with understanding of assumptions behind each assumption by product.

- Use routine analyses to highlight potential changes in forecast assumptions based on new or anticipated changes in the business.

Month End/Year End Close:

- Assist with the monthly net revenue closing processes for product portfolio as assigned by senior team members, including timely documentation of assigned reconciliations and rollforwards

- Compile and record any required journal entries

- Alert senior team members to any unusual account activity

- Assist with year-end audit inquiries related to revenue accounting

Gross to Net Governance:

- Lead assigned areas of quarterly Gross to Net Committee meetings

- Assist with review and updating of revenue accounting policies and procedures in accordance with IFRS

- Assist team with evaluation, implementation and administration of systems related to revenue postings and reporting

- Attend industry knowledge conferences to understand common industry practices and applicable regulation

- Assist with gross to net education of other employees as requested

Ad-hoc Analysis:

- Provide support as business partner to commercial, marketing and contracting departments to assist with or support evaluation of operational decisions on GTN discounts or sales mix

Experience Required

4+ years accounting/finance experience; pharma experience preferred

* CPA preferred

* Previous exposure to revenue recognition in the pharmaceutical industry preferred

* Excellent analytical skills and interest in identifying the root of complex issues and resolution of problems

* Demonstrated proficiency in written, verbal and face-to-face communication

* Ability to multitask, respond successfully under pressure, effectively prioritize, and manage time and workload to meet business needs

* Detail oriented with ability to work through ambiguous data with cross-functional team members

* Ability to act and operate independently to accomplish objectives.

* Advanced skill in MS Office Excel & PowerPoint

* Experience with SAP preferred

* Aptitude to learn computer programs as needed

* Demonstrated proficiency in Written, Verbal and Face-to-face communication to effectively present information to and influence decision making of working and business partners (local and global), internal customers, and other stakeholders.

* Ability to successfully manage multiple tasks and multifunctional resources concurrently while maintaining high attention to detail while responding to rapidly changing priorities and aggressive deadlines.

Education

Bachelor's degree or higher in accounting or finance

Chiesi USA is an equal opportunity employer committed to hiring a diverse work force at all levels of our business. All qualified applicants receive consideration for employment without regard to race, national origin, age, sex, religion, disability, sexual orientation, marital status, veteran status, gender identity or expression or any other basis protected by local, state or federal law. This policy applies with regard to all aspects of one's employment, including hiring, transfer, promotion, compensation, eligibility for benefits and termination.