- Lead the Brand gross-to-net financial close process including but not limited to rate calculations, reserve adjustments and other financial analysis. Perform analysis of sales, returns, Medicaid data, Managed Care data, chargebacks, wholesaler inventories and other data to ensure accuracy and appropriate reserves.
- Prepare and post month end accrual entries.
- Collaborates with commercial operations and other key stake holders on various aspects of Brand Revenue reporting (e.g., weekly & monthly sales reports)
- Prepare monthly and quarterly Brand Revenue schedules such as net sales reports to facilitate Financial Reporting
- Reconcile Brand Fee for Service invoices, coordinate approval and credit memo issuance
- Coordinate approval of Commercial invoices and payment processing
- Assists department with mandatory government reporting including, but not limited to government pricing, etc., as needed.
- Work with external auditors to provide required schedules and support, for the interim and annual audit
- Performs ad hoc reporting and analysis as needed.
- Support improvement of internal controls and efforts to automate and streamline processes to ensure accurate and timely reporting of the Company's Financials.
Requirements
QUALIFICATIONS - Bachelor's degree in accounting, finance or related business discipline REQUIRED
- Minimum 2 years experience in Brand gross to net sales analysis OR Brand revenue accounting. REQUIRED
- Excellent working knowledge of general accounting principles, practices, methods and analysis and reporting of financial data REQUIRED
- Proficiency with Microsoft Office (including excellent Excel skills) REQUIRED
- Experience using GTN software PREFERRED
- Advance Excel Skills REQUIRED Tris Pharma, Inc. offers a highly competitive compensation and benefits package. To build and enhance our diverse workforce, we encourage applications from individuals with disabilities, minorities, veterans, women, LGBTQ, etc. Tris Pharma, Inc. is an Equal Opportunity Employer.
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Brand Revenue Accountant - Monmouth Junction, United States - Tris Pharma
Description
Tris Pharma, Inc. ) is a leading privately-owned biopharmaceutical company in the U.S. with a focus on development and commercialization of innovative medicines that address unmet patient needs. We have more than 150 US and International patents including applications and have marketed several branded and generic products in the U.S., have licensed our products in the US and international markets, and have a robust pipeline of innovative products spanning neuroscience and other therapeutic categories employing our proprietary science and technology.
Our science and technology make us unique, but it is our team members that set us apart; they are the engine that fuels Tris' passion and innovation. Tris colleagues understand the criticality of operating a successful business and take pride in the company's success. But of equal importance to each member of the team is how we interact with one another on a daily basis. We believe in each other, and we believe in respectful, open and honest communications to help support individual and team success.
Located in Monmouth Junction, New Jersey, Tris has an immediate opening for a temporary or permanent Brand Revenue Accountant
SUMMARY:
The Brand Revenue Accountant provides operational support to the Finance team by leading the Brand Gross to Net function and assisting with timely and accurate maintenance and completion of financial closing activities in accordance, and in compliance, with Generally Accepted Accounting Principles (GAAP). Qualified candidate assists with sales reporting, gross to net analysis and other general and/or daily Finance activities including, but not limited to journal entries, account reconciliations, etc., in order to support department operations and analysis.
ESSENTIAL FUNCTIONS
