Manager, Revenue Accounting

Socket.dev

Redwood City (CA)

On-site

USD 129,000 - 160,000

Full time

11 days ago
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Job summary

Revolution Medicines seeks a Manager, Revenue Accounting to support commercial launch readiness as it transitions to a commercial-stage organization. You will lead revenue and gross-to-net close activities, contribute to forecasting, and maintain robust documentation and controls in a fast-paced launch environment.

The role requires strong pharma/biotech revenue accounting experience, hands-on GTN expertise, and collaboration with Commercial, Market Access, Analytics, FP&A, and Audit teams.

Qualifications

  • Bachelor’s degree required in accounting/finance or related field.
  • 6+ years of progressive accounting experience in pharma/biotech.
  • Experience with GTN accruals, rebates, discounts, and government programs.
  • Experience supporting month-end close, journal entries, reconciliations, and audit support.
  • Strong understanding of ASC 606 and US GAAP; SOX controls experience.
  • Ability to leverage AI tools to improve processes.

Responsibilities

  • Prepare monthly revenue and GTN close activities including reserves.
  • Prepare journal entries, reconciliations, and close schedules.
  • Collaborate with Commercial, Market Access, FP&A, and Analytics.
  • Support SEC reporting schedules and audit requests.
  • Analyze GTN rates, payer dynamics, and contract performance.

Skills

Revenue accounting
Gross-to-net analysis
Journal entries & close
ASC 606 / US GAAP
SOX compliance
Cross-functional collaboration

Education

Bachelor’s degree in Accounting, Finance, Economics, or related field

Job description

Revolution Medicines is a global, commercial-state oncology company dedicated to discovering, developing and delivering innovative medicines for patients with RAS-addicted cancers. Leveraging its differentiated RAS(ON) tri-complex inhibitor platform, the company is advancing a broad, integrated portfolio of oral RAS(ON) inhibitors designed to directly target the active, cancer-driving state of RAS. Founded on rigorous scientific inquiry and a willingness to challenge long-held assumptions, Revolution Medicines is committed to changing the trajectory of disease for patients with RAS-addicted cancers worldwide.

Our people are united by a shared way of working: follow the science, challenge assumptions, act with urgency and hold ourselves to a high standard of rigor—all in service of patients.

The Opportunity:

Revolution Medicines is seeking a Manager, Revenue Accounting to support commercial launch readiness as the company prepares for its first product launch and continues its transition to a commercial-stage organization. Reporting to the Senior Director, Revenue Accounting and Finance, this position will play a hands on role in revenue/gross-to-net accounting, forecasting and related month end close processes.

This role will help ensure the accuracy, transparency, and continuous improvement of RevMed’s revenue accounting and gross-to-net processes. The Manager will be responsible for preparing and analysing revenue and GTN close activities, supporting forecasting models and assumptions, maintaining strong documentation and controls, and partnering cross-functionally with Commercial, Market Access, Analytics & Insights, FP&A, Supply Chain, Trade & Distribution, and external partners.

The ideal candidate will bring strong pharmaceutical or biotech revenue accounting experience, hands on gross-to-net experience, technical accounting judgement, strong analytical skills, and the ability to operate effectively in a fast paced, collaborative, launch stage environment.

Key Responsibilities
Revenue Accounting, Gross-to-Net Close, and Reserves
  • Prepare and analyse monthly product revenue and gross-to-net close activities, including reserves for prompt pay discounts, copay and patient assistance programmes, returns, Medicaid, Medicare Part D, 340B, VA/DoD, distributor fees and other forms of variable consideration.
  • Prepare journal entries, account reconciliations, flux analyses, reserve rollforwards, close schedules, and supporting documentation for revenue and GTN related accounts.
  • Partner with Accounting, FP&A, Commercial, Market Access, and Analytics & Insights to support accurate and timely revenue reporting and forecast-to-actual analysis.
  • Support revenue related financial reporting deliverables, audit requests, quarterly review procedures, and SEC reporting schedules, as applicable.
  • Prepare clear and concise analyses to help Finance and business partners understand changes in GTN rates, payer dynamics, channel activity, contract performance, and reserve balances.
  • Manage day-to-day activities with the external government pricing consultant, including coordinating required data submissions, reviewing government pricing calculations and related outputs, supporting timely invoice review and payment processing, and maintaining accurate supporting documentation.
  • Support SOX compliance, internal audits, external audits, and quarterly review procedures by preparing high-quality documentation, control evidence, and audit support.
GTN Forecasting & Analytics
  • Prepare, maintain, and improve RevMed’s GTN forecasting models and methodologies for budget, forecast and scenario analysis.
  • Partner with Commercial and Market Access to gather and maintain GTN assumptions related to payer mix, channel mix, pricing, contracting, patient affordability programmes, government programmes, and market dynamics.
  • Partner with Analytics & Insights to incorporate relevant demand, patient, payer, and market data into GTN forecasts and forecast-to-actual analyses.
  • Drive the use of approved AI-enabled tools and automation to streamline and automate revenue accounting, gross-to-net forecasting, account reconciliations, reporting, documentation, and month-end close activities while ensuring compliance with company policies, internal controls, and audit requirements.
Required Skills, Experience and Education:
  • Bachelor’s degree in Accounting, Finance, Economics, or a related field.
  • 6+ years of progressive accounting, finance, or related experience, including experience in the pharmaceutical, biotechnology, or life sciences industry.
  • Experience with GTN accruals and reserves, including rebates, chargebacks, discounts, returns, copay, patient assistance, distributor fees, government programme items.
  • Experience supporting monthly and quarterly close activities, including journal entries, account reconciliations, flux analyses, reserve rollforwards, audit support, and financial reporting deliverables.
  • Strong understanding of ASC 606 revenue recognition, U.S. GAAP, and variable consideration concepts.
  • Experience supporting accounting processes and internal controls in a SOX-compliant environment.
  • Strong analytical, reconciliation, documentation, and problem-solving skills.
  • Proactive learner with demonstrated curiosity and interest in using approved AI tools, automation, and analytics to improve accounting and finance processes.
  • Positive, approachable, and professional attitude.
Preferred Skills:
  • CPA, MBA, or advanced degree in Accounting, Finance, or a related field.
  • Experience supporting a first product launch, commercial launch readiness, or early commercial stage pharmaceutical or biotechnology company.
  • Experience using AI-enabled tools, automation, dashboards, or advanced analytics to improve close processes, reconciliations, forecasting, reporting, documentation, or controls.
Base Pay Salary Range

The base pay salary range for this full-time position for candidates working onsite at our headquarters in Redwood City, CA is listed below. The range displayed on each job posting is intended to be the base pay salary range for an individual working onsite in Redwood City and will be adjusted for the local market a candidate is based in. Our base pay salary ranges are determined by role, level, and location. Individual base pay salary is determined by multiple factors, including job-related skills, experience, market dynamics, and relevant education or training.

Please note that base pay salary range is one part of the overall total rewards program at RevMed, which includes competitive cash compensation, robust equity awards, strong benefits, and significant learning and development opportunities.

Revolution Medicines is an equal opportunity employer and prohibits unlawful discrimination based on race, color, religion, gender, sexual orientation, gender identity/expression, national origin/ancestry, age, disability, marital status, medical condition, and veteran status.

Revolution Medicines takes protection and security of personal data very seriously and respects your right to privacy while using our website and when contacting us by email or phone. We will only collect, process and use any personal data that you provide to us in accordance with our CCPA Notice and Privacy Policy. For additional information, please contact privacy@revmed.com.

$129,000 — $160,000 USD

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