Tris Pharma - South Brunswick Township, NJ

posted about 2 months ago

Full-time
South Brunswick Township, NJ
Chemical Manufacturing

About the position

Tris Pharma, Inc. is a leading privately-owned biopharmaceutical company in the U.S. that focuses on the development and commercialization of innovative medicines addressing unmet patient needs. With over 150 US and International patents, the company has marketed several branded and generic products in the U.S. and has a robust pipeline of innovative products spanning neuroscience and other therapeutic categories. The Revenue/Gross-to-Net Analyst - Brand plays a crucial role in providing operational support to the Finance team by leading the Brand Gross to Net function. This position involves assisting with timely and accurate maintenance and completion of financial closing activities in compliance with Generally Accepted Accounting Principles (GAAP). The qualified candidate will be responsible for sales reporting, gross to net analysis, and other general finance activities, including journal entries and account reconciliations, to support department operations and analysis. The essential functions of this role include leading the Brand gross-to-net financial close process, performing analysis of sales, returns, Medicaid data, Managed Care data, chargebacks, wholesaler inventories & fees, and voucher programs to ensure accuracy and appropriate reserves. The analyst will prepare and post month-end accrual entries, collaborate with commercial operations and other key stakeholders on various aspects of Brand Revenue reporting, and prepare monthly and quarterly Brand Revenue schedules to facilitate Financial Reporting. Additionally, the analyst will reconcile Brand Fee for Service invoices, coordinate approval and credit memo issuance, assist with mandatory government reporting, and work with external auditors to provide required schedules and support for audits. The role also involves performing ad hoc reporting and analysis as needed, supporting the improvement of internal controls, and maintaining the Brand GTN accrual table per contract terms and estimated GTN rates.

Responsibilities

  • Lead the Brand gross-to-net financial close process including rate calculations and reserve adjustments.
  • Perform analysis of sales, returns, Medicaid data, Managed Care data, chargebacks, wholesaler inventories & fees, and voucher programs.
  • Prepare and post month-end accrual entries.
  • Collaborate with commercial operations and other key stakeholders on Brand Revenue reporting.
  • Prepare monthly and quarterly Brand Revenue schedules such as net sales reports.
  • Reconcile Brand Fee for Service invoices and coordinate approval and credit memo issuance.
  • Coordinate approval of Commercial invoices and payment processing.
  • Assist with mandatory government reporting by providing data to external government pricing partners.
  • Work with external auditors to provide required schedules and support for audits.
  • Perform ad hoc reporting and analysis as needed.
  • Support improvement of internal controls and efforts to automate and streamline processes.
  • Maintain Brand GTN accrual table per contract terms and estimated GTN rates.
  • Review weekly and monthly sales reports to ensure Gross & Net sales are reported correctly.

Requirements

  • Bachelor's degree in accounting, finance or related business discipline is required.
  • Minimum 2 years experience in Brand gross to net sales analysis and calculations is required.
  • Working knowledge of general accounting principles, practices, methods, and analysis is required.
  • Proficiency with Microsoft Office, including excellent Excel skills, is required.
  • Advanced Excel skills are required.

Nice-to-haves

  • Knowledge of JDE or similar ERP systems is preferred.

Benefits

  • Highly competitive compensation and benefits package.
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