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Associate Director, Global Revenue Technical Accounting

Vertex Pharmaceuticals

  • Boston, Massachusetts
  • 3 days ago

    Highlights

    Lead all accounting aspects relative to product lines by confirming all aspects of finance operations and accounting (including revenue recognition, financial accounting, transactional flows, transaction accounting, invoicing, reporting, entity establishment and usage, intercompany flows) are designed and tested in appropriately and updated when necessary. We seek talent who bring an external perspective, demonstrate curiosity and sound judgment, and thoughtfully adopt new capabilities that improve decision-making, drive innovation, increase efficiency, and help deliver better outcomes for patients.

    Numbers & Facts

    LocationBoston, Massachusetts
    IndustryBiotechnology/Pharmaceuticals
    Company Size5,000 to 9,999 employees
    Year Founded1989
    Websitehttps://www.vrtx.com/

    Description

    Job Description

    General Summary:


    You are the lead and first point of contact for all accounting matters within scope of role, including revenue recognition, financial accounting, transactional flows, transaction accounting, invoicing, reporting, entity establishment and usage, intercompany flows etc.

    You ensure all processes are well documented and capture all requirements and assumptions. You represent accounting in all relevant working groups, disseminate necessary information appropriately, delegating as needed, and ensure efficiency across the team.

    You provide regular updates to finance and accounting groups, escalate issues and drive resolution on a timely basis.

    You are an excellent networker – keeping connected across the multiple cross functional teams to ensure our voice is heard and we deliver our part of the solution in a timely and efficient way.

    You will help refine and develop our processes and procedures to ensure scalable and embedded in our standard ways of working.You will prepare us for future launches to streamline our approach and establish us as a leader in multiple disease areas.



    Key Duties and Responsibilities:

    • Lead all accounting aspects relative to product lines by confirming all aspects of finance operations and accounting (including revenue recognition, financial accounting, transactional flows, transaction accounting, invoicing, reporting, entity establishment and usage, intercompany flows) are designed and tested in appropriately and updated when necessary
    • Drive the accounting voice by being the consistent representative in core relevant working groups, including developing and maintaining accurate and up to date process flows, SOPs and records of decisions. Embed these in existing global processes to avoid duplication and need to cross reference and maintain documents in parallel
    • Coordinate involvement of finance team as needed to maximize benefit and minimize time spent by others.
    • Design and present/circulate regular update on therapeutic area statuses to required stakeholders.
    • Escalate risks and issues on a timely basis to ensure these can be addressed in good time. Track resolution of these and provide clear transparency to stakeholders.

    Knowledge and Skills:

    • Excellent organization skills to keep on top of multiple deliverables, workstreams, and competing demands from stakeholders.
    • Exceptional networking capability able to work cross functionally to help balance priorities and drive the simplest, most efficient processes to support this new business area
    • An independent problem solver, able to digest, make sense of, and simply explain complex processes and understand crucial interdependences between functions.
    • Proven ability to adopt enterprise thinking, knowing when and how to escalate to ensure critical decisions are made, and when to compromise.

    Education and Experience:

    • Qualified accountant
    • Typically requires 8 years of experience or the equivalent combination of education and experience
    • Strong accounting experience, ideally within a US listed business, covering both USGAAP and IFRS
    • Strong finance operations experience, ideally supporting complex cross border supply chains and complex customer contracting
    • Multinational experience is essential, preferably within a shared service/GBS organization.

    #LI-AA1

    #LI-Hybrid


    At Vertex, we embrace continuous learning and encourage employees to stay informed on advances in AI, technology, automation, and industry trends. We seek talent who bring an external perspective, demonstrate curiosity and sound judgment, and thoughtfully adopt new capabilities that improve decision-making, drive innovation, increase efficiency, and help deliver better outcomes for patients.

    Pay Range:

    $128,900 - $193,300

    Disclosure Statement:

    The range provided is based on what we believe is a reasonable estimate for the base salary pay range for this job at the time of posting. This role is eligible for an annual bonus and annual equity awards. Some roles may also be eligible for overtime pay, in accordance with federal and state requirements. Actual base salary pay will be based on a number of factors, including skills, competencies, experience, and other job-related factors permitted by law.

    At Vertex, our Total Rewards offerings also include inclusive market-leading benefits to meet our employees wherever they are in their career, financial, family and wellbeing journey while providing flexibility and resources to support their growth and aspirations.  From medical, dental and vision benefits to generous paid time off (including a week-long company shutdown in the Summer and the Winter), educational assistance programs including student loan repayment, a generous commuting subsidy, matching charitable donations, 401(k) and so much more.

    Flex Designation:

    Hybrid-Eligible Or On-Site Eligible

    Flex Eligibility Status:

    In this Hybrid-Eligible role, you can choose to be designated as: 
    1.    Hybrid: work remotely up to two days per week; or select
    2.    On-Site: work five days per week on-site with ad hoc flexibility.

    Note: The Flex status for this position is subject to Vertex’s Policy on Flex @ Vertex Program and may be changed at any time. 

    #LI-Hybrid
     

    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.

    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 ApplicationAssistance@vrtx.com

    About Company

    Vertex is a global biotechnology company that aims to discover, develop and commercialize innovative medicines so people with serious diseases can lead better lives. In addition to our clinical development programs focused on cystic fibrosis, Vertex has more than a dozen ongoing research programs aimed at other serious and life-threatening diseases. Founded in 1989 in Cambridge, Mass., Vertex today has research and development sites and commercial offices in the United States, Europe, Canada and Australia. For six years in a row, Science magazine has named Vertex one of its Top Employers in the life sciences. For additional information and the latest updates from the company, please visit www.vrtx.com

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