Revenue Accounting Manager

Job Description

Company Overview

Vertex Pharmaceuticals is seeking a Manager, Revenue Accounting to lead revenue accounting activities for the Distributor Markets. This role partners closely with Finance, Commercial, Global Accounting, and third-party distributors to support accurate, timely, and compliant revenue reporting.

Role Summary

The Manager, Revenue Accounting is responsible for revenue accounting across Distributor Markets, including month-end close, gross-to-net accounting, revenue recognition, reconciliations, reporting and compliance activities.

Reporting to the Revenue Accounting Senior Manager, Northern Europe, Australia and Distributors, this role is supported by a dedicated Distributor Markets Revenue Accounting Senior Accountant II for Distributor Markets. The Manager providers day-today direction, prioritisation and review of work to support accurate, timely and compliant revenue accounting activities.

This role will translate complex commercial and contractual arrangements into clear accounting conclusions. The successful candidate will bring strong US GAAP and ASC 606 expertise, sound business judgment, and a continuous-improvement mindset.

This is an exciting and dynamic role which offers excellent opportunity for personal development and continuous improvement.

This is a hybrid role; 3 days in the office.

Key Duties and Responsibilities

·       Build trusted relationships and maintain effective communication with the Revenue Accounting Senior Manager, International and Global Revenue Accounting teams, and key international and US corporate stakeholders.

·       Lead month-end close activities for Distributor Markets, including the review of revenue accruals and timing revenue reporting.

·       Oversee the timely and accurate preparation, review, and posting of revenue recognition and gross-to-net journal entries.

·       Analyse discounts, rebates, distributor margins, pharma fees, and other customer-related revenue adjustments.

·       Investigate and resolve revenue-accounting variances, distributor and stakeholder queries.

·       Reconcile gross-to-net revenue accounts, distributor balances, pricing updates, distributor margins, and pharma fee calculations.

·       Partner with Finance, Commercial, Market Access, Order to Cash, and distributor teams to support accurate accounting and contract execution.

·       Assess the revenue-accounting impact of product launches, reimbursement arrangements, distribution agreements, customer contracts, and contract extensions.

·       Monitor reimbursement agreements and contractual terms to support appropriate revenue recognition and ongoing compliance.

·       Prepare regional group reporting and provide support for SEC quarterly and annual reporting.

·       Maintain strong financial controls, including SOX compliance and general ledger reconciliations.

·       Support internal, external, statutory, group, and SOX audit requests.

·       Lead revenue-accounting alignment and key-estimate meetings for Distributor Markets.

·       Drive process simplification, automation, reporting improvements, and data-analytics initiatives.

·       Train and coach junior team members and contribute to cross-functional projects, system implementations and other Accounting and Finance initiatives.

·       Use AI-enabled tools, where appropriate, to support data analysis, identify trends or anomalies, improve reporting efficiency, and streamline routine accounting processes.

Required Qualifications

·       Qualified accountant (ACA, ACCA, CIMA, or equivalent).

·       Bachelor’s degree in accounting or finance.

Skills & Experience

·       Experience in an accounting environment, or an equivalent combination of education and experience.

·       Strong knowledge and proficiency of US GAAP, including ASC 606, Revenue from Contracts with Customers.

·       Experience evaluating complex commercial contracts, customer arrangements or revenue recognition matters.

·       Experience with general ledger reconciliations, SOX compliance, group reporting, and financial data analysis.

·       Strong analytical, problem-solving, organisation and project-management skills.

·       Ability to communicate complex accounting matters clearly and effectively to both Finance and non-Finance stakeholders.

·       Strong stakeholder management and influencing skills across internal and external teams.

·       Ability to manage multiple priorities, meet deadlines, and maintain a high degree of accuracy in a fast-paced environment.

·       Ability to collaborate across different levels of the organisation.

·       A proactive, flexible, detail-oriented, and accountable approach.

·       Ability to work independently and collaborate effectively across a matrixed organisation.

·       Advanced Microsoft Office skills, including advanced Excel capability.

Preferred Skills

·       Big 4 experience.

·       Experience with Oracle R12, OBIEE, HFM, and SMART View (Essbase data sources).

·       Experience in biotechnology, pharmaceuticals, life sciences, healthcare or another highly regulated industry.

·       Experience leading finance process optimisation, automation or systems implementation initiatives.

·       Experience applying AI-enabled tools or automation to financial analysis, reconciliations, reporting, or process improvements.

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.

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 [email protected]