Senior Manager, Global Revenue Technical Accounting

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

Benefits offered by this job

Medical, dental and vision benefits

Education assistance programs

Commuting subsidy

Matching charitable donations

401(k)

Job summary

Vertex Pharmaceuticals is seeking a Senior Revenue Accountant to lead accounting for US GAAP revenue guidance and ASC 606 implementations across product launches and contracts. The role collaborates with global finance, commercial teams and external auditors, preparing memos, schedules and disclosures.

Strong communication, attention to detail and ability to influence senior management are essential. The position offers hybrid work with on-site flexibility and a comprehensive benefits package,

Qualifications

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

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

Public accounting experience

Knowledge of US GAAP ASC 606

Strong written communication

Strong organizational skills

Cross-functional collaboration

Education

Bachelor's degree in Accounting or Finance

CPA preferred

Tools

Excel

Word

PowerPoint

Job description

Job Description

Key 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

Minimum Qualifications

• Bachelor's degree in Accounting or Finance
• Typically requires 7 years of progressive accounting experience in pharmaceutical or life science revenue accounting or a technical accounting role, or the equivalent combination of education and experience
• Public accounting experience required

Preferred Qualifications

• CPA preferred
• Knowledge of US GAAP revenue accounting guidance, including ASC 606
• Experience researching revenue accounting and complex gross-to-net accounting matters
• Experience preparing accounting documentation, memos, and revenue-related disclosures
• Proficiency in Microsoft Office applications, including Excel, Word, and PowerPoint
• Strong written communication and memo drafting skills
• Strong communication and organizational skills
• Ability to collaborate across and within different levels of the organization
• Ability to effectively present complex accounting analyses to senior management

#LI-AA1

Pay Range

$128,900 - $193,300

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.

Benefits

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:

1. Hybrid : work remotely up to two days per week; or select
2. 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.

#LI-Hybrid

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 [e-mail]