Revenue Accounting Director is responsible for the development and direction of revenue cycle management operations for the organization that optimize the patient financial interaction along the care continuum. Develops strategies to optimize operations and to ensure sufficient cash flow. Being a Revenue Accounting Director establishes targets, policies, and internal controls that will drive improvements and efficiencies in overall service revenue capture and collection. Ensures compliance with regulatory requirements and responsiveness to changes in requirements. Additionally, Revenue Accounting Director coordinates with stakeholders across the organization to drive optimal financial performance. Requires a bachelor's degree. May require Certified Public Accountant (CPA). Typically reports to the cfo or top management. The Revenue Accounting Director manages a departmental function within a broader corporate function. Develops major goals to support broad functional objectives. Approves policies developed within various sub-functions and departments. To be a Revenue Accounting Director typically requires 8+ years of managerial experience. Comprehensive knowledge of the overall departmental function. (Copyright 2024 Salary.com)
Leading Global Pharmaceutical Company
Want join an exciting, innovative company, growing rapidly organically and through M&A, with a fun, team focused culture and dedication to career development? This a an opportunity for a finance leader to partner with Sr Executives and gain a broad understanding of the pharmaceutical business with significant exposure to the sales organization and the complex contracting and rebate nuances within the industry. The Director will lead a team and be responsible for a broad range of key accounting, operations, analysis and reporting duties all related to Revenue, GTN, Forecasting, Contracts, Pricing and Rebates. The Director will liaise/collaborate with the third-parties as well as partner with senior business leaders, in order to provide insight and actionable analysis on revenue, inventory, accounts receivable/rebates and collections metrics. In addition the Manager will take the initiative to identify process improvement opportunities and partner with team members and IT to develop and implement solutions.
Key Challenges
The Director will be relied upon as the lead on GTN accounting and will be tasked with training and developing staff members insuring a clear understanding of GTN. Building relationships with key business partners in the Sales, Contracting, Marketing and Finance organizations. Developing and implementing industry best practices within the Revenue Reporting and Accounting space.
A bachelors degree in finance or accounting and at least 6 years of broad scope accounting, reporting and analysis experience from the pharmaceutical space with a strong understanding of pharmaceutical contracting, rebate programs and Gross to Net (GTN) .
Advanced Excel, SAP and data analysis skills.
Confidence, strong communication skills and the ability to present to senior business leaders