Accountancy Manager
100 College Street New Haven, CT 06510 US
Job Description
We work together across global boundaries to make an impact and find answers to challenges. We do this with the upmost integrity even in the most difficult situations because we are committed to doing the right thing. As Manager, Accounting, based in New Haven, CT, you’ll play a pivotal role in channeling our scientific capabilities to make a positive impact on changing patients’ lives.
The Manager, Accounting is responsible for applying generally accepted accounting principles and procedures to analyze financial information, prepare accurate and timely results and to ensure appropriate accounting control procedures. This position will be a key member of a cross-functional, multi-national accounting team adding value to global revenue process and other areas, including: the revenue accounting close, reporting and analysis, contract revenue and assessment, process review and documentation and business partner education and outreach. Â
Specifically, we are seeking an individual with the traits listed below:
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- Motivated self-starter who is detailed, results and process oriented
- Strong collaboration and people skills, comfortable working with a cross-functional and collaborative team and effectively able to deal with all levels of personnel across geographies
- Organized individual with the ability to manage multiple priorities while maintaining high performance standards
- Superior problem solving and analytical skills and ability to work in a highly visible, deadline-oriented position and environment
- Experience applying revenue recognition principles in a multi-product company with complex gross-to-net adjustments
The position and its responsibilities will be focused on global revenue accounting for a >$6B business unit of AstraZeneca, requiring a high degree of technical accounting in the area of revenue. Significant interaction with business leaders and executive members of the accounting, tax and business finance teams will be required.
Revenue Analysis and Reporting
- Develop executive-level reporting and analysis, as needed, to meet the needs of an evolving and complex organization
- Act as primary revenue contact for system testing related to system upgrades, product launches, distribution model changes, etc. ensuring accuracy of revenue transactions
- Oversee maintenance of key revenue documentation which includes the entity level matrix for global revenue recognition and the global revenue process narratives
- Participate in commercial launch readiness for future product launches, communicating the impact of potential strategies to revenue recognition
- Support revenue forecasting process as needed, liaising with business controllers in global markets
- Coordinate with Order-to-Cash (OTC) team members to support timely and accurate price change requests as well as other OTC related processes
- Engage with business leaders to review and assess new or amended revenue arrangements in the context of the operational plan to ensure compliance with AstraZeneca policies
Accounting Close Activities
- Manage monthly revenue close status across regional accounting teams and global finance services teams, driving for timely submission of consolidated revenue results
- Review journal entries and reconciliations for various complex and material net revenue adjustments
- Review monthly revenue close materials, identifying and delivering key messages of statutory and management results
- Perform internal controls reviews and act as liaison with internal and external auditors for revenue related audit requests
- Support integration of new activities acquired through business development and transition of processes throughout the controllership team, as required
- Support controllership integration activities and projects as the company's integration within AstraZeneca continues
- Oversee the monthly employee compensation accruals, ensuring completeness and accuracy
- Perform quarterly calculations for the company's royalty-based debt arrangement
Minimum Requirements:
- Bachelor’s degree or higher in a relevant field (Accounting, Finance)
- 7+ years of experience in public or corporate accounting
- CPA required
- Excellent interpersonal, organizational, and supervisory skills with ability to meet strict deadlines
Skills
- Highly self-motivated
- Experience applying revenue recognition accounting standard
- Excellent communication skills, written and oral, including reporting to senior stakeholders
- Intermediate level with Microsoft Office Products
We would prefer for you to have:
- MBA/MSA
- Experience in Pharmaceutical/Biotechnology industry is a strong plus
- Prior Big 4 auditing, including SOX related experience
- Experience with SAP, BlackLine, Qlik a plus
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