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Revenue Senior Accountant II

Vertex

Greater London

Hybrid

GBP 50,000 - 90,000

Full time

2 days ago
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Job summary

An established industry player is seeking a Revenue Senior Accountant II to focus on product revenues and collaborate with finance teams. This role involves month-end close responsibilities, revenue accounting journal entries, and data analysis. You'll build relationships with stakeholders to ensure accurate revenue reporting and compliance. The position offers opportunities for personal development and continuous improvement in a dynamic environment. If you are detail-oriented, proactive, and enjoy problem-solving, this is an exciting opportunity to contribute to innovative projects.

Benefits

Competitive salary
Comprehensive benefits package
Flexible working options

Qualifications

  • Experience in a service-driven, business-partnering role within a multinational organization.
  • Strong technical knowledge of accounting and finance processes.

Responsibilities

  • Perform month-end close activities and prepare revenue journal entries.
  • Ensure accurate and timely month-end close activities and insights on product launches.
  • Drive process improvements and simplification within the team.

Skills

US GAAP revenue accounting
Accounting and finance processes
Communication skills
Proactive problem-solving
Data analysis
Attention to detail

Education

Part-qualified accountant (ACA/ACCA/CIMA or equivalent)
Bachelor's degree in Accounting or Finance

Tools

Microsoft Excel
Oracle R12
HFM
OBIEE
SMART View

Job description

Job Description

General Summary:

The Revenue Senior Accountant II focuses on accounting for the company's product revenues, including gross-to-net liabilities and accounts receivable. In addition to month-end close responsibilities, this role collaborates closely with our finance distributor teams and third-party in-country distributors to ensure accuracy of accounts receivable and customer support items. The position also involves participating in projects such as automation and data analytics initiatives.

Position Summary:

This role supports the Revenue Accounting Manager, Distributor region, and Business Partners in preparing revenue accounting journal entries, aligning with forecast assumptions, group reporting, month-end close activities, data analysis, technical reviews (US GAAP), rebates/contractual claim reviews, financial controls including GL reconciliations, SOX, and compliance for the region. Building strong relationships with managers and international business partners is key to ensuring accurate reflection of market, reimbursement, forecast, and contract data in revenue accounting.

You are well-organized, detail-oriented, proactive, and problem-solving and can prioritize multiple deadlines and commitments, managing month and quarter-end close activities across multiple markets.

This service-driven role emphasizes business partnering and stakeholder management within a matrix organization, with the global revenue accounting team based in Boston, US, and regional finance & FP&A teams.

This position offers excellent opportunities for personal development and continuous improvement.

Key Responsibilities:

  • Build trust and open communication with the Revenue Accounting Manager, Senior Manager, international and global teams, and stakeholders.
  • Perform month-end close activities, including:
    • Preparation of gross-to-net revenue journal entries
    • Analysis of gross-to-net accounts, including discounts, rebates, and pharma fees for multiple countries
    • Resolution of variances and queries from stakeholders
    • Analysis of sales forecast data for accrual estimates
    • Preparation of revenue recognition journal entries
    • Support early revenue estimation (flash process)
    • Reconciliation of revenue accounts
    • Review of 3PL AR reporting and reconciliation to Vertex accounting
    • Preparation and filing of pharma fee quarterly submissions
  • Ensure accurate and timely month-end close activities, providing insights on new product launches, agreements, and contract extensions, collaborating with 3PL management.
  • Monitor reimbursement agreements for compliance and revenue recognition, supporting external reporting, payback, rebate invoicing, and forecast alignment.
  • Prepare group reports, data analyses, GL account analyses, and reconcile complex revenue accounts.
  • Support internal and external audits (SOX, group, statutory).
  • Provide disclosures for SEC quarterly and annual reports in HFM.
  • Drive process improvements and simplification within the team.

Education:

  • Part-qualified accountant (ACA/ACCA/CIMA or equivalent).
  • Bachelor's degree in Accounting or Finance; Big 4 experience is advantageous.

Skills & Experience:

  • Proficiency in US GAAP revenue accounting is preferred.
  • Experience in a service-driven, business-partnering role within a multinational shared service/GBS organization is advantageous.
  • Strong technical knowledge of accounting and finance processes.
  • Excellent communication and influencing skills with internal and external stakeholders.
  • Proactive, adaptable, and able to work under pressure while maintaining attention to detail.
  • Ability to manage multiple priorities independently.
  • Advanced Microsoft Office skills, especially Excel; experience with Oracle R12, OBIEE, HFM, and SMART View is a plus.

Flex Designation and Eligibility:

Hybrid-Eligible or On-Site Eligible roles. Flexibility depends on Vertex policies and may change.

Company Information:

Vertex is a global biotech company committed to scientific innovation and equal employment opportunity. We support reasonable accommodations for applicants with disabilities. For accommodations, contact Talent Acquisition at ApplicationAssistance@vrtx.com.

Benefits include a competitive salary and comprehensive benefits package.

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