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!

Position Summary:
The Senior Analyst, Revenue Accounting will support monthly and quarterly accounting processes for all US product revenues including annual audit requirements and promoting and maintaining a strong control environment. In addition to key accounting deliverables, this role will also support developing 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.

 

 

Travel Requirements:
Individual will be need to commute to the North Wales, PA office for a portion of time through March 2020 to support transition and training until position is based full time in Parsippany, NJ; Limited to no travel once position is relocated to Parsippany.

 

Essential Duties & Responsibilities:

• Daily monitoring of sales and sales reserves
• Preparation of accounting close activities including the review of new contracts, complex account reconciliations, quarterly analytics and controls
• Assistance with the preparation of accounting analysis for sales reserves - on-going and formalized month-end / quarter-end basis
• Work collaboratively 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 and complete
• Drive continuous improvement of 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.
• Support external reporting and audit requirements
• Opportunities to collaborate and support efforts in other areas including a role that will support both Generics and Specialty Revenue Accounting and Alliance Accounting
• Demonstrates strong knowledge of US GAAP and solid accounting skills
• Demonstrates proficiency in financial analysis, reporting and interpretation of data
• Uses good analytical and data interpretation skills to analyze and resolve complex financial problems
• Ability to analyze problems, actively strategize to resolve such problems, solid organization skills, and a proven track record of process improvement and standardization
• Possesses good organization and planning skills and strong attention to detail with the ability to effectively manage multiple tasks and priorities in a fast-paced environment
• Needs to be self-motivated and possess a willingness to acquire new skills as well as an ability to teach others
• Excellent oral and written presentation skills and executive presence
• Maintains strict confidentiality
• Timely communication; keeps others informed of decisions, changes, objectives, priorities and accomplishments
• Shares ideas and suggestions and solicits suggestions from others
• Ensures prompt responses and follow-up to recommendations and opportunities
• Strong team player that has customer service approach and is solution oriented
• Demonstrates the ability to lead a team and handle personnel issues as they arise
• Plays a key role in troubleshooting and deals positively with conflict through open communication

Education Required:

• Bachelors degree, preferably in Accounting or Finance

 
Experience Required:

• Minimum  of 3 years progressive accounting experience

Experience Preferred:

• Pharmaceutical Industry Experience
• Prior revenue accounting experience
• Experience with Oracle and SAP ERP Modules
• Knowledge and experience in application of US GAAP

Senior Director US Revenue and Alliance Accounting

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.