Immunomedics, Inc.

  • Senior Manager Revenue and Inventory Accounting

    Job Locations US-NJ-Morris Plains
    Posted Date 2 weeks ago(5/14/2018 10:59 AM)
    Job ID
    2018-1177
    # of Openings
    1
    Category
    Accounting/Finance
  • Overview

    The Senior Manager Revenue and Inventory Accounting will help manage the overall accounting and processes related to revenue, accounts receivable, cost of goods sold and accruals. This individual will support the creation, implementation and management of the Company's sales, receivable, inventory and cost accounting processes, policies and documentation as it transitions for commercialization, including involvement in the implementation and maintenance of a new ERP system. Particularly upon commercialization, this position will be responsible for managing the accounting for revenue, receivable, inventory accounting, cost of sales accounting and other supply chain processes ensuring compliance with GAAP and SOX requirements. This includes responsibility for revenue and receivable reconciliation, gross to net analysis, inventory reconciliation, inventory cost validation, P&L analysis and reporting. This individual will work cross-functionally with internal colleagues, particularly with our supply chain and commercial operations team, our third-party logistics provider and will interact directly with our external auditors to facilitate quarterly and annual reviews and work with external business partners.

    Responsibilities

    Revenues and Receivable:

    • Performs monthly close for revenue, including routine and non-routine journal entries, adjustments related to sales, gross-to-net adjustments and accounts receivable and preparation of financial report
    • Accounting and analysis around Accounts Receivable and Revenue related transactions.
    • Liaisons with third party logistics provider and with the internal commercial team relative to sales matters, including sales and inventory reporting and charge-backs.
    • Works extensively with third party providers on gross to net analysis, product pricing analysis, government pricing and review of Medicare/Medicaid claims.
    • Oversees and participates in the analysis of accounts and credit worthiness for customers’ accounts.
    • Ensures compliance with key controls and new ASC 606 accounting for revenues.
    • Helps research and write technical accounting memos and business process documentation.
    • Assists with accounting reviews, audits and documentation for SEC Reporting.
    • Completes special projects as needed and performs other duties as required.

    Inventory:

    • Develops and maintains all analysis and sub ledgers to support inventory and cost of sales accounting.

    Qualifications

    • Ability to establish and meet deadlines, handle multiple, concurrent priorities, and work well under pressure. 
    • Solid analysis, organizational, and verbal and written communication skills.  Excellent attention to detail and follow-through skills. 
    • Ability to work independently and within a team setting.
    • Minimum B.S. / B.A. in accounting or finance; CPA preferred
    • Minimum 7 years of experience in an accounting / financial role, including revenue reporting and inventory accounting in a pharmaceutical company
    • Prior pharmaceutical experience required

    Public accounting experience preferred

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