GTN Financial Analyst-- KUMDC5692701

Compunnel Inc.; Bridgewater (MA); On-site; USD 100,000 - 130,000; Full time

Job summary

A leading pharmaceutical company in Massachusetts is seeking a Gross to Net Finance Manager. The role involves managing accruals, net sales calculations, and ensuring compliance throughout financial operations. Candidates should have a Bachelor’s in accounting/finance and 5+ years of relevant experience in the pharmaceutical sector. Strong analytical skills and proficiency in SAP and Excel are essential. This is a great opportunity to contribute to a high-impact finance role in a dynamic environment.

Qualifications

• 5+ years of gross to net experience in pharmaceuticals.
• Excellent interpersonal communication skills.
• Ability to work with cross-functional stakeholders.

Responsibilities

• Manage accrual management maintenance.
• Perform daily net sales calculation.
• Ensure compliance with audit requirements.

Skills

Gross to net experience

Strong analytical skills

Interpersonal skills

Ability to manage multiple priorities

Knowledge of U.S. GAAP

Proficiency in Microsoft Excel

Education

Bachelor’s degree in accounting and/or Finance

Master’s in accounting/finance

Tools

SAP accounting systems

Microsoft Excel

Job description

Client: One of the largest Pharmaceutical companies in the world

Overview

We are looking for a Gross to Net Finance Manager who will be responsible for Accrual Management Maintenance, Daily Net Sales calculation, Monitoring Actual Vs Fcst Variance, and Financial Closing Activities.

Duties

Accrual Management Maintenance using Revenue management system platform:

• Monthly Postings of Wholesaler accrual rates.
• Monitor changes to rebate agreement rates.
• NPL set up.

Daily Net Sales calculation, Monitoring Actual Vs Fcst Variance:

• Oversight of PGI issues (shipped vs billed recon)
• Month End Sales Reporting (Day 3 & Day 6 meetings).
• Trial Balance Review (Revenue Accts).
• All revenue and BS Account Reconciliation compliance.
• External and Internal Audit compliance.
• Oversight shared service for Net sales calculation support.
• NPLs- work with Marketing Team on upcoming launches and accrual assumptions
• WAC change coordination with Contracts
• Resolution on all revenue billing issues

SSA/Price Protection Accruals

• Calculation and Posting of Monthly Provisions
• Error monitoring

Oversight all Direct and Indirect contract maintenance and compliance support with Sales and Marketing team.

Brand and Specialty Business - Monthly review.

Managing the Gross to Net and reconciliation support for acquisition/divested products.

Medicaid Process support with Government Pricing Team.

Rebates Oversight with Shared Service.

852/867and 844m, roll forward Monitoring and reconciliations.

FP&A Support.

LE insights.

Maintain GTN rates for EPM (Lenita).

ASP monthly review.

Customer Onboarding Process (Financial review credit risk).

Automation Project and Qlik sense data analytics support.

Qualifications

• Bachelor’s degree in accounting and / or Finance
• Master’s in accounting / finance is plus.
• 5 + years of Gross to net experience in Generic or Brand Pharmaceuticals.
• Ability to work effectively with cross-functional stakeholders to provide insights and gain alignment in all GTN matters / Trends to ensure a no surprise environment.
• Experience researching, documenting and operationalizing accounting treatment for complex customer agreements.
• Strong analytical skills, with the ability to exercise sound judgment and determine creative solutions to problems.
• Working knowledge of U.S. GAAP, IFRS and other accounting and reporting standards is preferred.
• Must have excellent interpersonal skills and the ability to communicate effectively, both verbally and in writing, with all levels of management and external parties, as necessary.
• Must be able to manage multiple priorities in a fast-paced environment, with a strong sense of urgency about solving problems, ability to meet challenging deadlines and the willingness to achieve critical goals even in difficult situations.
• Experience with SAP accounting systems will be plus.
• Highly Proficient in Microsoft Excel, PPT and words.