Revenue Accounting Manager

Vertex Pharmaceuticals Inc (US)

Boston (MA)

Hybrid

USD 111,000 - 166,000

Full time

13 days ago
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Job summary

Vertex Pharmaceuticals Inc (US) is seeking a Revenue Accounting Manager to oversee the order-to-cash process and deliver accurate financial information for select product revenues, including cell and gene therapies. You will partner with Trade and Distribution, Market Access, and Finance to ensure timely reporting and robust analytics.

The role emphasizes driving process improvements, automation, and data analytics in a fast-paced environment, with collaboration across Finance and Commercial

Qualifications

  • Bachelor's degree required.
  • Typically requires 5+ years of related experience with life sciences preferred.
  • Advanced Excel skills.
  • Experience with Oracle Financial Software a plus.
  • Knowledge/Skills – ability to collaborate and influence across and within different levels of the organization.
  • Strong written and oral communication skills.
  • Ability to identify and drive process improvements.
  • Ability to work in a fast paced, dynamic environment; manage multiple priorities.

Responsibilities

  • Oversee order-to-cash process for certain products.
  • Manage accounting relationships with customers and third‑party service providers.
  • Ensure timely customer collections and dispute resolution.
  • Assess customer creditworthiness and credit limits.
  • Timely execution of revenue accounting month-end close for product sales.
  • Deliver accurate financial reporting for internal and external requirements.
  • Reconcile product revenue, accounts receivable, and gross-to-net accruals monthly.
  • Develop knowledge of markets to design and perform analytics on monthly results.
  • Collaborate with Commercial Finance and Market Access on monthly actualization and forecasting.
  • Partner with Trade & Operations on service-provider and customer-relationship management.
  • Provide strategic input into policy and process improvements; drive automation.

Skills

Advanced Excel
Oracle Financial Software
Collaboration and influence
Communication skills
Process improvement

Education

Bachelor's degree

Job description

Job Description Overview

The Revenue Accounting Manager will be responsible for overseeing the accounting for the order-to-cash process and the delivery of accurate and timely financial information relating to certain product revenues (including cell and gene therapies), gross to net accounts and accounts receivable to meet the operational needs and internal and external reporting requirements of the organization. The role will partner closely with members of Trade and Distribution, Market Access, Finance, Global Revenue Accounting, Government Pricing and Third-Party Partners. The Manager will also be responsible for identifying and driving process improvement initiatives including automation and data analytics.

Key Duties & Responsibilities
  • Responsible for order-to-cash process for certain products.
  • Managing accounting relationship with customers and third‑party service providers
  • Ensuring timely customer collections and dispute resolution
  • Assessing customer creditworthiness and credit limits
  • Timely execution of the revenue accounting month-end close for product sales
  • Delivery of accurate financial reporting for both internal and external requirements
  • Reconcile product revenue, accounts receivable, and gross-to-net accruals on a monthly basis
  • Develop knowledge of markets to design and perform analytics to evaluate monthly results
  • Collaborate with Commercial Finance and Market Access teams on monthly actualization and forecasting process
  • Partner with Trade & Operations on service‑provider and customer‑relationship management
  • Utilizing knowledge and data, provide strategic input into recommendations for change and process improvement as well as continuously evolving and evaluating policies and procedures
  • Participate (and lead as needed) in the development of new systems, processes and automation
  • Ability to review and oversee work of team members as needed
Required Education and Experience
  • Bachelor's degree required
  • Typically requires 5+ years of related experience with experience in life sciences preferred
  • Advanced Excel skills
  • Experience with Oracle Financial Software a plus
  • Knowledge/Skills – Ability to collaborate and influence across and within different levels of the organization
  • Strong written and oral communication skills
  • Ability to identify and drive process improvements
  • Ability to work in a fast paced, dynamic environment; ability to manage multiple priorities
  • Demonstrate continuous improvement mindset and ability to increase responsibilities over time
Pay Range

Pay Range: $110,800 - $166,200 Disclosure Statement: The range provided is based on what we believe is a reasonable estimate for the base salary pay range for this job at the time of posting. This role is eligible for an annual bonus and annual equity awards. Some roles may also be eligible for overtime pay, in accordance with federal and state requirements. Actual base salary pay will be based on a number of factors, including skills, competencies, experience, and other job-related factors permitted by law. At Vertex, our Total Rewards offerings also include inclusive market-leading benefits to meet our employees wherever they are in their career, financial, family and wellbeing journey while providing flexibility and resources to support their growth and aspirations. From medical, dental and vision benefits to generous paid time off (including a week-long company shutdown in the Summer and the Winter), educational assistance programs including student loan repayment, a generous commuting subsidy, matching charitable donations, 401(k) and so much more.

Flex Designation

Hybrid-Eligible Or On-Site Eligible

Flex Eligibility Status

In this Hybrid-Eligible role, you can choose to be designated as:

  • Hybrid: work remotely up to two days per week
  • On-Site: work five days per week on-site with ad hoc flexibility.

Note: The Flex status for this position is subject to Vertex’s Policy on Flex @ Vertex Program and may be changed at any time.

Company Information

Vertex is a global biotechnology company that invests in scientific innovation. Vertex is committed to equal employment opportunity and non-discrimination for all employees and qualified applicants without regard to a person's race, color, sex, gender identity or expression, age, religion, national origin, ancestry, ethnicity, disability, veteran status, genetic information, sexual orientation, marital status, or any characteristic protected under applicable law. Vertex is an E-Verify Employer in the United States. Vertex will make reasonable accommodations for qualified individuals with known disabilities, in accordance with applicable law. Any applicant requiring an accommodation in connection with the hiring process and/or to perform the essential functions of the position for which the applicant has applied should make a request to the recruiter or hiring manager, or contact Talent Acquisition at ApplicationAssistance@vrtx.com. Help Us Achieve Our Mission Vertex is a global biotechnology company that invests in scientific innovation to create transformative medicines for people with serious diseases and conditions. The company has approved therapies for cystic fibrosis, sickle cell disease, transfusion-dependent beta thalassemia, acute pain and acromegaly, and it continues to advance clinical and research programs in these areas. Vertex also has a robust clinical pipeline of investigational therapies across a range of modalities in other serious diseases where it has deep insight into causal human biology, including IgA nephropathy, neuropathic pain, APOL1-mediated kidney disease, primary membranous nephropathy, congenital adrenal hyperplasia, ACTH-dependent Cushing's syndrome, autosomal dominant polycystic kidney disease, type 1 diabetes, generalized myasthenia gravis, and myotonic dystrophy type 1. Vertex was founded in 1989 and has its global headquarters in Boston, with international headquarters in London. Additionally, the company has research and development sites and commercial offices in North America, Europe, Australia, Latin America and the Middle East. Vertex is consistently recognized as one of the industry's top places to work, including 16 consecutive years on Science magazine's Top Employers list and one of Fortune’s 100 Best Companies to Work For. For company updates and to learn more about Vertex's history of innovation, visit www.vrtx.com or follow us on LinkedIn, Facebook, Instagram, YouTube, and X We believe our culture is one of Vertex’s greatest strengths and a key enabler of our ability to deliver transformative medicines for patients who need them. Rooted in innovation, purpose and collaboration, our culture empowers people to take smart risks, challenge conventional thinking and do their best work. The diversity of our people is central to that culture. By bringing together individuals with different backgrounds, experiences and perspectives, we foster an environment where new ideas thrive, better decisions are made and breakthrough innovation is possible. We are committed to creating a workplace where everyone feels valued, included and connected to our shared mission, because we know that our unique culture and the collective strength of our people are what set Vertex apart.

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