Global Revenue Tech Accounting Lead | ASC 606

Vertex Pharmaceuticals Incorporated; Boston (MA); Hybrid; USD 129,000 - 193,000; Full time

Job summary

Vertex Pharmaceuticals Incorporated seeks an experienced revenue accounting professional to manage ASC 606 revenue recognition for new products and contracts. The role collaborates with global accounting, finance, and commercial teams to ensure accurate disclosures and compliance.

The position requires strong knowledge of US GAAP, a CPA is preferred, and experience in pharmaceutical revenue. Hybrid work options are available, with on-site presence as needed.

Qualifications

• Bachelor's degree in Accounting or Finance.
• 7 years of progressive accounting experience in pharmaceutical or life science revenue accounting or equivalent.
• Public accounting experience required.
• CPA preferred.
• Knowledge of US GAAP revenue accounting guidance, including ASC 606.
• Experience researching revenue accounting and complex gross-to-net matters.
• Experience preparing accounting documentation, memos, and revenue-related disclosures.
• Proficiency in Microsoft Office applications.

Responsibilities

• Perform revenue recognition evaluations under ASC 606 for new product launches, new contracts, and reimbursement agreements
• Review new agreements and complex gross-to-net matters and help ensure technical accounting conclusions are applied consistently and appropriately by local accounting teams
• Document accounting policies related to revenue and gross-to-net matters in collaboration with International and North America revenue accounting teams, as needed
• Partner with cross-functional teams that review and support the contract drafting process
• Work closely with global accounting, finance, and commercial organizations to support internal and external financial revenue reporting requirements
• Partner with the SEC Reporting team to prepare revenue-related disclosures for SEC filings
• Support quarterly and annual reviews and audits through preparation of revenue recognition memos, audit schedules, and other auditor requests

Skills

Written communication

Memo drafting

Cross-functional collaboration

Senior management presentation

Organizational skills

Microsoft Office

Education

Bachelor's degree in Accounting or Finance

Tools

Microsoft Office

Job description

Vertex Pharmaceuticals Incorporated seeks an experienced revenue accounting professional to manage ASC 606 revenue recognition for new products and contracts. The role collaborates with global accounting, finance, and commercial teams to ensure accurate disclosures and compliance.

The position requires strong knowledge of US GAAP, a CPA is preferred, and experience in pharmaceutical revenue. Hybrid work options are available, with on-site presence as needed.