Accounting Manager

Servier Pharmaceuticals - Boston, MA

Full-time

Boston, MA

Professional, Scientific, and Technical Services

About the position

Servier Pharmaceuticals is seeking a driven Accounting Manager to manage accurate and timely reporting of Standard Cost and Gross to Net Revenue Recognition. This role will report into the Assistant Controller and entails partnering with External Manufacturing, Market Access, FP&A, Procurement, and Accounts Payable. An ideal candidate can work in a fast-paced environment, prioritize, work independently, juggle many tasks, and be enthusiastic about problem-solving and process improvement. This person will play a key role in establishing and documenting internal controls, leading process improvement projects, acquisitions, and product launches. The Accounting Manager will lead month-end close activities for standard cost, including preparation and posting of journal entries into NetSuite and input into Hyperion Financial Management systems. They will prepare and maintain monthly account reconciliations for all standard cost activities, review and record intercompany transactions related to capitalization/standard cost, and collaborate with External Manufacturing to ensure standard cost policy and procedures are aligned. Additionally, the manager will oversee month-end close activities for gross to net revenue recognition on five commercial products, ensuring accuracy for intercompany sales transactions and collaborating with Market Access to align gross to net policies with industry standards and IFRS. In terms of NetSuite transactions and master data, the Accounting Manager will act as a trusted advisor on standard cost transactions within NetSuite, support the annual standard cost update, and ensure costs are updated in NetSuite. They will also set up and maintain Standard cost, Item master, and Bill of Material in NetSuite, utilizing NetSuite reports to confirm accuracy and completeness of standard cost variances. The role also involves leading operational and system improvement projects, making recommendations to improve internal accounting controls and procedures, and establishing documentation and SOPs for current and future policies. The Accounting Manager will be a key contributor in the interim financial audit, year-end financial audit, and internal audit, coordinating discussions with key stakeholders on standard cost and gross to net revenue recognition.

Responsibilities

• Lead month end close activities for standard cost including preparation and posting of journal entries into NetSuite and input into Hyperion Financial Management systems
• Prepare and maintain monthly account reconciliations for all standard cost activities
• Review and record intercompany transactions related to capitalization / standard cost
• Collaborate with External Manufacturing to ensure standard cost policy and procedures are aligned
• Manage and oversee month end close activities for gross to net revenue recognition on five commercial products
• Review monthly account reconciliations for gross to net activities including accruals and reserves
• Review and ensure accuracy for intercompany sales transactions
• Collaborate with Market Access to ensure gross to net policies and procedures are aligned with industry standards and IFRS
• Collaborate and align with 3rd party logistics to track sales and accounts receivable for five commercial products
• Ensure 3rd party logistics are recording Servier product activities in line with Servier policies
• Manage reconciliation of operating cash accounts for three legal entities to include cash concentration
• Act as a trusted advisor on standard cost transactions within NetSuite
• Support the annual standard cost update and ensure costs are updated in NetSuite
• Set up and maintain Standard cost, Item master, and Bill of Material in NetSuite
• Utilize NetSuite reports to confirm accuracy and completeness of standard cost variances
• Lead operational and system improvement projects and tasks
• Make recommendations to improve our system of internal accounting controls and procedures
• Establish and maintain documentation and SOPs for current and future policies and procedures
• Cross train colleagues on policies and procedures related to SOPs owned by this role
• Key contributor in the interim financial audit, year-end financial audit and internal audit
• Coordinate year-end discussion with key stakeholders on standard cost and gross to net revenue recognition

Requirements

• BS degree in Accounting, Finance or other related field
• 5+ years' experience in an accounting role or relevant work experience, preferably with 5 years of standard cost and gross to net accounting experience
• Standard costing experience required
• Gross to Net experience required
• NetSuite experience strongly preferred, SAP/D4 experience a plus
• Proficient with MS Office, Advanced Excel experience desired (e.g., macros, v-lookups & pivot tables)
• Strong Analytical skills - ability to extract data from systems and organize into reports; understands accounting data/structure within a system
• Ability to define problems, collect data, establish facts, and draw valid conclusions
• Attention to Detail, Confidentiality, Coordination, Thoroughness, Quality Focus, Objectivity, Prioritizing, Organized, Self-Starter, Performance Oriented
• Enjoy working in a Global Company
• Excellent interpersonal, communication and presentation skills
• Act with integrity, initiative, transparency, and sound judgment to reinforce trust, professionalism, and commitments
• Foster clear, consistent, and open collaboration across a variety of stakeholders
• Identify and pursue new ideas and constructive change
• Support the issue escalation process at the operational level and ensure timely escalation to senior leadership
• Able to analyse data, draw conclusions, interpret results, and make recommendations
• Experience navigating ERP systems and system implementations experience a plus

Nice-to-haves

• Experience with SAP/D4
• Experience navigating ERP systems and system implementations