AD, Global Technical Revenue Accounting (REMOTE)

  • Remote
  • Boston, MA




  • Job applications may no longer be accepted for this opportunity.


Vertex Pharmaceuticals

Job Description

The Associate Director Global Technical Revenue Accounting, will lead a small staff and be responsible for managing the global technical revenue accounting policies and related financial statement disclosures; liaising with regional accounting and finance teams to ensure consistent application of US GAAP guidance as well as operational consistency. The Associate Director will work closely with commercial business partners to review contract terms and review complex transactions/judgments with external auditors. In addition, this role will manage the Global consolidation reporting process and presenting revenue results to Accounting Senior Management.

This position has the ability to be fully remote.

Key Duties And Responsibilities

  • Builds partnerships with global accounting, finance and commercial organizations leading the application of accounting guidance in support of accurately stated product revenues and disclosures
  • Collaborate with finance and commercial organization in the development of payer and reimbursement agreements
  • Manages the evaluation and documentation of new contracts and arrangements, focus on new reimbursement, payer and distribution agreements
  • Leads consolidated reporting and analytics of global revenue and gross to net estimates and judgments in support of quarterly close and earnings release
  • Participates in the Company’s quarterly and annual reviews supporting global revenue recognition and gross to net estimates
  • Responsible for maintaining revenue recognition policies and ensuring global compliance of such policies
  • Drive continuous identification of improvement opportunities within the accounting close driving efficiency of process, standardization of documentation and scalability
  • Focus on staff development as well as training and knowledge sharing across global accounting teams
  • Models phenotype behaviors
  • Manage a small team of people
  • As a people manager within the organization, may have financial accountabilities and human resource responsibilities for assigned staff.

Basic Requirements

  • Bachelor’s degree ( preferably with a major in Accounting)
  • 8 years of relevant experience or the equivalent combination of education and experience
  • Technical accounting experience and experience with ASC 606
  • People management experience desired
  • Excellent communication skills to facilitate professional, clear and effective communication across all levels, regions and with key external stakeholders
  • Established record in managing multiple and competing priorities; ability to change and adapt to new priorities

Company Information

Vertex is a global biotechnology company that invests in scientific innovation.

Vertex is committed to equal employment opportunity and non-discrimination for all employees and qualified applicants without regard to a person’s race, color, sex, gender identity or expression, age, religion, national origin, ancestry, ethnicity, disability, veteran status, genetic information, sexual orientation, marital status, or any characteristic protected under applicable law. Vertex is an E-Verify Employer in the United States. Vertex will make reasonable accommodations for qualified individuals with known disabilities, in accordance with applicable law. Please note that Vertex requires COVID-19 vaccination for all employees working in the U.S. as a condition of employment at Vertex, subject to medical, religious or other accommodations or exemptions required by law. We believe this requirement is vital to keeping everyone at Vertex and in our communities safe. This requirement applies to both existing and new employees who may at any time work on-site at a Vertex facility or visit another location on behalf of Vertex (e.g., conferences, customer visits, etc.), including all remote employees. Any applicant requiring an accommodation in connection with the hiring process and/or to perform the essential functions of the position for which the applicant has applied should make a request to the recruiter or hiring manager, or contact Talent Acquisition at [email protected].

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