Associate Director, Revenue Accounting - Innovative Medicine and Biosimilars (Gross to Net)
Together, we're on a mission to make good health more affordable and accessible, to help millions around the world enjoy healthier lives. It's a mission that bonds our people across nearly 60 countries and a rich, diverse variety of nationalities and backgrounds. Working here means working with the world's leading manufacturer of generic medicines, and the proud producer of many of the products on the World Health Organization's Essential Medicines List. Today, at least 200 million people around the world take one of our medicines every single day. An amazing number, but we're always looking for new ways to continue making a difference, and new people to make a difference with.
We are seeking a strategic and detail-oriented Associate Director of Revenue Accounting to support revenue accounting operations for our U.S. Innovative Medicines and Biosimilars portfolio. This role is critical in ensuring accurate and timely financial close processes, maintaining a strong control environment, and supporting forecasting and budgeting efforts related to Gross to Net (GTN) estimates and liabilities.
You will collaborate cross-functionally to enhance daily revenue reporting, support commercial decision-making, and drive continuous improvement in analytics and operational efficiency.
Key Responsibilities
Support monthly and quarterly close activities for product revenue, ensuring compliance with US GAAP and internal policies.
Analyze complex contracts, account reconciliations, and GTN reserves including accruals for Managed Care and other rebates, chargebacks, returns, Medicaid, and other commercial programs.
Partner with Forecasting, Commercial Operations, Value Access and AR teams to ensure completeness and accuracy of GTN-related accounting.
Support timely and insightful revenue analytics, flash reports to support business decisions.
Develop and maintain financial models to support GTN forecasting, sensitivity analysis, and scenario planning.
Leverage automation tools and technologies to improve data accuracy, reduce manual effort, and enhance reporting capabilities.
Analyze validation of sales data including wholesaler inventory, in-transit shipments, and returns.
Support external audit and reporting requirements, including receivables factoring and compliance documentation.
Collaborate with other accounting teams, including Generics Revenue and Alliance Accounting, on cross-functional initiatives.
You are a collaborative contributor with a strong technical accounting foundation and a strategic mindset. You thrive in dynamic environments, enjoy solving complex problems, and comfortable influencing across functions and engaging with senior stakeholders.
Leadership & Growth : Play a key role in shaping the future of revenue accounting.
Cross-Functional Collaboration : Partner with diverse teams to drive strategic decisions.
Innovation & Impact : Build scalable solutions and deliver insights that matter.
Flexibility : Enjoy a hybrid work model with 23 days onsite in Parsippany.
Any equivalent combination of education, training, and / or experience that fulfills the requirements of the position will be considered.
Required :
Bachelor's degree in Accounting or related field.
Minimum 5 years of progressive accounting experience, including Gross to Net.
Strong communication, analytical, and organizational skills.
Proven ability to work with senior leadership and external auditors.
Preferred : CPA or MBA.
Pharmaceutical industry experience.
Experience with SAP ERP systems, financial modeling and automation tools (Alteryx, Power BI, Power Automate).
Deep understanding of US GAAP and pharmaceutical revenue recognition.
The annual starting salary for this position is between $141,000 $177,000 annually. Factors which may affect starting salary within this range and level of role may include geography / market, skills, education, experience and other qualifications of the successful candidate.
We offer a competitive benefits package, including :
Teva Pharmaceuticals is committed to equal opportunity in employment. It is Teva's policy that equal employment opportunity be provided without regard to age, race, creed, color, religion, sex, disability, pregnancy, medical condition, genetic information, marital status, sexual orientation, gender identity or expression, ancestry, national or ethnic origin, citizenship status, military status or status as a disabled or protected veteran, or any legally recognized status entitled to protection under applicable federal, state, or local laws.
Director Revenue Accounting • Parsippany, NJ, US