1+ months

Associate Director, Revenue Accounting, Speciality Brands

Parsippany, NJ 07054
Company Info

Teva is a global pharmaceutical leader and the world's largest generic medicines producer, committed to improving health and increasing access to quality health solutions worldwide. Our employees are at the core of our success, with colleagues in over 80 countries delivering the world's largest medicine cabinet to 200 million people every day. We offer a uniquely diverse portfolio of products and solutions for patients and we've built a promising pipeline centered around our core therapeutic areas.  We are continually developing patient-centric solutions and significantly growing both our generic and specialty medicines business through investment in research and development, marketing, business development and innovation. This is how we improve health and enable people to live better, healthier lives. Join us on our journey of growth!


Individual will be required to commute to the North Wales, PA office for a portion of time through March 2020 until position is based full time in Parsippany, NJ; Limited to no travel once position is relocated to Parsippany.


Job Description

The Associate Director, Revenue Accounting will be responsible for monthly and quarterly accounting processes for all US Specialty product revenues including delivering close results accurately and timely, supporting quarterly and annual audit requirements and promoting and maintaining a strong control environment.  This role will participate in and support forecasting and budgeting processes specifically focused on understanding Gross to Net estimates and liabilities for existing and future products. In addition to key accounting deliverables this role will also develop the efficiency and accuracy of accounting operations of daily revenue reporting and supporting commercial management requests needed to properly evaluate product growth, channel utilization and profitability.


Key Responbilities:

Ensure revenue accounting policies and procedures and reporting conforms with US GAAP guidelines.

Prepare and review of accounting close activities including the review of new contracts, complex account reconciliations, quarterly analytics and controls

Analyze sales reserves - on-going and formalized month-end / quarter-end basis. 

Work with the Commercial Operations, Sales and Marketing, Pricing, Customer Administration and Accounts receivable to ensure all programs contemplated in the gross to net revenue accounting are accurate.

Ensure the efficiency and accuracy of internal reporting measures including scorecard/flash, monthly/quarterly revenue analytics reporting, profitability reporting

Support financial planning leads in providing forecasted and actual data related to gross to net reserves

Verify/analyze sales, rates, wholesaler inventories, returns, in transit shipments, Medicaid, and other data for accuracy and completeness to ensure appropriate reserves and resolve variances to forecast.

Expand the use of and engagement in reporting tools to improve efficiency


Position Requirements:

Bachelor's degree in Accounting or related field. 

Minimum 5+ year's progressive accounting experience.  Pharmaceutical Industry experience and prior revenue experience required. 

Prior supervisory experience.

Sub Function
Reports To

Senior Director, Alliance Accounting

Tevas Equal Employment Opportunity Commitment
Teva Pharmaceuticals is committed to equal opportunity in employment. It is Teva's global policy that equal employment opportunity be provided without regard to age, race, creed, color, religion, sex, disability, pregnancy, medical condition, sexual orientation, gender identity or expression, ancestry, veteran status, national or ethnic origin or any other legally recognized status entitled to protection under applicable laws.


Posted: 2019-10-01 Expires: 2019-12-02

Join us at the forefront of pharmaceutical research and production. With state-of-the-art facilities, highly skilled colleagues, and a high-powered organizational culture, Teva offers you countless possibilities to make a real difference in people's lives and add value to your career.

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Associate Director, Revenue Accounting, Speciality Brands

Teva Pharmaceuticals
Parsippany, NJ 07054

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