Accounting Manager

Company:  Servier Group
Location: Boston
Closing Date: 20/10/2024
Salary: £150 - £200 Per Annum
Hours: Full Time
Type: Permanent
Job Requirements / Description

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At Servier Pharmaceuticals, we are dedicated to bringing the promise of tomorrow to the patients we serve.

We are a commercial stage, privately held pharmaceutical company, based in the U.S. Currently, we have four medicines approved in acute lymphoblastic leukemia (ALL), acute myeloid leukemia (AML) and cholangiocarcinoma (CCA). We have also accelerated our investment in hard-to-treat cancers, with more than 50% of our research and development dedicated to delivering significant advances in areas of high unmet need that may truly move the needle for our patients. Our pipeline is promising with several Phase 3 assets in the Oncology space. 

Role Summary

Servier Pharmaceuticals is seeking a driven Accounting Manger to manage accurate and timely reporting of Gross to Net Revenue Recognition with e mphasis in pharmaceutical rebate accounting – rebates, chargebacks, gross to net reporting. This role will report into the Assistant Controller and entails partnering with Market Access, FP&A, and Accounts Payable. An ideal candidate can work in a fast-paced environment, prioritize, work independently, juggle many tasks and be enthusiastic about problem solving and process improvement. This person will play a key role in establishing and documenting internal controls, leading process improvement projects, acquisitions, and product launches. As a people leader, fostering and developing talent, creating growth opportunities, and fostering a positive work environment are essential components of your role.

Primary Responsibilities

Accounting:

  • Calculate and record revenue related entries, including rebate accrual, chargebacks, distribution fees, early payment discounts, etc.
  • Coordinates with accounts receivable and market access teams to manage financial relationships with wholesalers
  • Prepares gross to net reporting for sales
  • Coordinates with market access to verify rebate data
  • Participates in monthly, quarterly, and annual close procedures
  • Prepares journal entries, account analysis, and reconciliations for general ledger accounts including, but not limited to revenue related accounts, intercompany accounts, and foreign currency
  • Communicated with operational departments inside and outside the close process to ensure proper revenue recognition
  • Generates internal revenue reports and financial statements for management review
  • Collaborate with Market Access to ensure gross to net policies and procedures are aligned with industry standards and IFRS.
  • Collaborate and align with 3rd party logistics to track sales and accounts receivable for five commercial products
  • Ensure 3rd party logistics are recording Servier product activities in line with Servier po licies
  • Manage reconciliation of operating cash accounts for three legal entities to include cash concentration.
  • Manage general ledger accounting activities to ensure timely and accurate reporting, including consolidations, intercompany accounting, chart of accounts maintenance, journal entries, reconciliations and supporting schedules

Documentation, Projects & Training

  • Lead operational and system improvement projects and tasks
  • Make recommendations to improve our system of internal accounting controls and procedures
  • Establish and maintain documentation and SOPs for current and future policies and procedures
  • Cross train colleagues on policies and procedures related to SOPs owned by this role

Audit Support:

  • Key contributor in the interim financial audit, year-end financial audit, and internal audit
  • Coordinate year-end discussion with key stakeholders on gross to net revenue recognition
  • Proficient with MS Office, Advanced Excel experience desired (e.g., macros, v-lookups & pivot tables)
  • Strong Analytical skills - ability to extract data from systems and organize into reports; understands accounting data/structure within a system.
  • Ability to define problems, collect data, establish facts, and draw valid conclusions
  • Attention to Detail, Confidentiality, Coordination, Thoroughness, Quality Focus, Objectivity, Prioritizing, Organized, Self-Starter, Performance Oriented
  • Enjoy working in a Global Company
  • Excellent interpersonal, communication and presentation skills
  • Act with integrity, initiative, transparency, and sound judgment to reinforce trust, professionalism, and commitments
  • Foster clear, consistent, and open collaboration across a variety of stakeholders
  • Identify and pursue new ideas and constructive change
  • Support the issue escalation process at the operational level and ensure timely escalation to senior leadership
  • Able to analyse data, draw conclusions, interpret results, and make recommendations
  • Experience navigating ERP systems and system implementations experience a plus

Travel and Location

  • No travel is required for this role
  • This is a Boston based position hybrid, Candidate is expected to be in the office 2-3 days a week

Servier’s Commitment

We’re an organization committed to modeling diversity, equity, and inclusion for the entire industry, and to maintaining an inclusive environment with equitable treatment for all. We are interested in growing our team with passionate, committed, and innovative individuals. We encourage all to apply to our open roles and are always willing to consider skills and experiences outside of what is listed in the job description.

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