Senior Manager, Global Revenue Technical Accounting

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

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

At Vertex, we embrace continuous learning and encourage employees to stay informed on advances in AI, technology, automation, and industry trends. We seek talent who bring an external perspective, demonstrate curiosity and sound judgment, and thoughtfully adopt new capabilities that improve decision-making, drive innovation, increase efficiency, and help deliver better outcomes for patients.

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.

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]