Record to Report Revenue Manager
Place of work Princeton Junction
Salary $93,800 - $174,200 a year
Job details
Job description, work day and responsibilities
Full job description
Sandoz continues to go through an exciting and transformative period as a global leader and pioneering provider of sustainable Biosimilar and Generic medicines. As we continue down this new and ambitious path, unique opportunities will present themselves, both professionally and personally.
Join us, the future is ours to shape!
As the Record to Report (R2R) Revenue Manager for Sandoz US, you will work with the R2R Revenue Head and team in executing gross to net (GTN) accounting activities for Sandoz US and manage up to $1Bn of Balance Sheet reserves. As part of the in-country FRA Operations team you will contribute directly to ensuring alignment with the leadership team and key stakeholders, maintenance of a robust control environment and accurate and timely reporting of financials.
Key to this role is a strong financial accounting foundation, effective communication style, an ability to deal with complex stakeholder environments, ability to work with large datasets to provide meaningful insights, and a change agility mindset.
Position Location: This position will be located at the Princeton, NJ US Headquarters site. Our Sandoz flexible hybrid working approach allows US office-based employees to work up to 50% of their monthly workday remotely. This role will not have the ability to be located remotely. Preference will be given to local candidates not requiring relocation.
Major Accountabilities / Your Key Responsibilities:
Your responsibilities will include, but are not limited to:
Work with direct managers to support financial activities, decision making and general projects.
Provide timely, proactive support on the general ledger.
Prepare analysis or reporting with particular emphasis on accuracy, compliance and timeliness of data provided (i.e.: reports on profit and loss activity).
Provide all data needed for internal (Financial Consolidation and Reporting System) and external reporting (including statutory accounts, national statistics and tax information) in a timely and accurate manner.
Contribute to FRA projects at country or Business Unit level.
Key Performance Indicators:
Internal customer satisfaction with quality, appropriateness, and timeliness of financial analyses provided
Customer satisfaction of service delivery and process specific KPIs in accordance with agreed SLAs
Key Capabilities Required:
Operational Excellence & Process Optimization :
Identify and implement improvements to accounting processes and systems to increase efficiency, accuracy and transparency in GTN accounting activities.
High Quality Financial and Management Reporting :
Manage end to end monthly and quarterly close activities for GTN, ensuring all deductions, rebates, chargebacks and other adjustments are accurately recorded and reported in accordance with IFRS and internal policies.
Effective Communications :
Ability to work effectively with cross-functional stakeholders to provide insights and gain alignment in all GTN matters to ensure a no surprise environment.
High Integrity Financial Compliance and Control :
Maintain high level of integrity to drive accuracy and compliance to IFRS and Sandoz internal control environment.
What you’ll bring to the role:
Required Qualifications:
Education & Experience (Required):
Minimum of a bachelor’s degree in accounting and/or Finance
Essential skills: English
5+ years financial reporting and accounting experience
Strong analytical and problem-solving skills needed to analyze complex financial data and identify risks and opportunities
Ability to work effectively with cross-functional teams
Advanced Excel skills
Maintain accuracy and attention to detail
Preferred Requirements:
Experience in Gross to Net accounting function, preferably in the life science industry
Proficiency in SAP ERP, SAP BI/BW
MBA / CPA
Sandoz offers a generous employee benefits package that includes a competitive salary, health insurance coverage for medical, prescription drugs, dental and vision, a generous company match for retirement savings accounts, and generous paid time off. We also follow a hybrid work policy that combines a mix of in-person and remote work to allow our employees flexibility in designing a schedule that works for our associates and the business.
The pay range for this position at commencement of employment is expected to be between $93,800 and $174,200 /year; however, while salary ranges are effective from 1/1/24 through 12/31/24, fluctuations in the job market may necessitate adjustments to pay ranges during this period. Further, final pay determinations will depend on various factors, including, but not limited to geographical location, experience level, knowledge, skills and abilities. The total compensation package for this position may also include other elements, including a sign-on bonus, restricted stock units, and discretionary awards in addition to a full range of medical, financial, and/or other benefits (including 401(k) eligibility and various paid time off benefits, such as vacation, sick time, and parental leave), dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment. If hired, employee will be in an “at-will position” and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors.
On September 30, 2021, Sandoz entered into a 5-year Corporate Integrity Agreement. Certain positions will have responsibilities to support the execution and adherence to CIA obligations, CIA-related deliverables, and any relevant audit, monitoring or Independent Review Organization (IRO) remediation.
Sandoz - Notice at Collection to Employees Applicants 4.15.24[16].pdf
Why Sandoz?
Generic and Biosimilar medicines are the backbone of the global medicines industry. Sandoz, a leader in this sector, touched the lives of almost 500 million patients last year and while we are proud of this achievement, we have an ambition to do more!
With investments in new development capabilities, state-of-the-art production sites, new acquisitions, and partnerships, we have the opportunity to shape the future of Sandoz and help more patients gain access to low-cost, high-quality medicines, sustainably.
Our momentum and entrepreneurial spirit are powered by an open, collaborative culture driven by our talented and ambitious colleagues, who, in return for applying their skills experience an agile and collegiate environment with impactful, flexible-hybrid careers, where diversity is welcomed and where personal growth is encouraged!
The future is ours to shape!
#Sandoz
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