Director – Revenue Accounting

Azurity Pharmaceuticals is a privately held, specialty pharmaceutical company that focuses on innovative products that meet the needs of underserved patients. As an industry leader in providing unique, accessible, and high-quality medications, Azurity leverages its integrated capabilities and vast partner network to continually expand its broad commercial product portfolio and robust late-stage pipeline. The company’s patient-centric products span the cardiovascular, neurology, endocrinology, gastro-intestinal, institutional, and orphan markets, and have benefited millions of patients. For more information, visit www.azurity.com.

Azurity Pharmaceuticals is proud to be an inclusive workplace and an Equal Opportunity Employer. Azurity's success is attributable to our incredibly talented, dedicated team that focuses on benefiting the lives of patients by bringing the best science and commitment to quality into everything that we do. We seek highly motivated individuals with the dedication, integrity, and creative spirit needed to thrive in our organization.

Brief team/department description:

Our Finance team at Azurity are seeking a strategic and hands-on Director of Revenue Accounting to lead our global revenue accounting function. To lead and manage the end-to-end revenue cycle, ensuring accurate revenue recognition, robust gross-to-net analytics, and efficient order-to-cash processes in compliance with accounting standards and industry regulations. This role will be responsible for optimizing financial processes, and partnering cross-functionally to support Azurity’s continued growth

 Principle Responsibilities:

I) Revenue Accounting & Compliance:

• Oversee global revenue recognition in compliance with ASC 606, ensuring accurate and timely revenue reporting.
• Lead the review and interpretation of customer contracts, ensuring proper accounting treatment and adherence to revenue policies.
• Drive process improvements in revenue recognition, billing, and reporting to enhance accuracy and efficiency
• Ensure compliance and internal controls related to revenue processes.
• Partner with external auditors to support revenue-related audit requirements.
• Oversee monthly and quarterly revenue close processes, ensuring completeness, accuracy, and proper cut-off.
• Manage revenue-related accounting memos and technical assessments for complex transactions 

II) Gross-to-Net (GTN) Management

• Own and oversee the full GTN process including accruals, true-ups, and analytics.
• Collaborate with finance, commercial, market access, trade, and contracting teams to estimate and validate key GTN components like:
  • Medicaid/Medicare, Chargebacks, product returns, distribution fees etc.
• Monitor actual-to-estimate variances and analyse trends for better predictability.

III) Order-to-Cash (O2C) Oversight

• Oversee end-to-end O2C lifecycle.
• Closely work with 3Pls to ensure invoicing, cash application, to dispute resolution.
• Implement systems and automation to improve process efficiency and accuracy.

Cross-Functional Collaboration:

• Work closely with Commercial & Contracting teams on customer terms and GTN impacts.
• Collaborate closely with Sales, Legal, FP&A, and Product teams to evaluate revenue implications of new business models, pricing strategies, and product offerings.
• Act as a trusted advisor to senior leadership on revenue-related matters, providing insights and recommendations for business decisions.
• Review and interpret SaaS, software, and professional services contracts, ensuring proper revenue treatment and identifying risks.
• Internal Audit and Compliance for SOX, internal controls, and audit readiness.
• IT & Systems team for ERP (SAP, Oracle, etc.) and revenue tools integration.

Skills & Competencies Required:

• Strong understanding of pharma pricing and contracting mechanisms.
• Deep knowledge of Gross-to-Net, ASC 606, and revenue-related internal controls.
• Proficiency in ERP systems (e.g., Oracle etc) and other digital tools.
• Strong analytical, leadership, and cross-functional communication skills.

Qualifications and Education Requirements

• Overall 12+ years of experience, with at least 5+ years of revenue accounting experience, including team lead.
• CPA or equivalent designation strongly preferred.
• Experience working in a high-growth, global organization and preferably from pharma industry.
• Strong analytical, communication, and stakeholder management skills.
• Ability to thrive in a fast-paced environment and drive continuous process improvement.

#LI-Hybrid

Physical & Mental Requirements:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Must be able to sit for long periods of time
• While performing the duties of this job, the employee is frequently required to stand; walk; sit; talk and/or hear
• May occasionally climb stairs and/or ride elevators
• The employee must occasionally lift and/or move up to 25 pounds
• Employee must be able to manipulate keyboard, operate a telephone and hand-held devices
• Other miscellaneous job duties as required

Benefits We Offer:

• Unlock Your Earning Potential: Join our team and be rewarded with a competitive compensation package, including an annual bonus based on company performance, that recognizes your exceptional talent.
  • Sales - In lieu of annual bonuses, we offer an Incentive compensation program that allows you to earn more - even over plan.
  • Fuel Your Success: *Sales Only* - We understand the value of your hard work and provide a car reimbursement program and gas card for both business and personal use as part of our commitment to supporting you. 
• Comprehensive Health Coverage: We value your well-being and offer excellent medical, dental, vision, and prescription coverage to ensure you and your family are always taken care of.
• Flexibility for Your Lifestyle: Achieve work-life balance with our hybrid work model, allowing you to work two days from home and three days in the office. *Excludes Sales, Manufacturing, and some Operations positions*
• Invest in Your Future: Our Retirement Savings Plan (401K) is designed to help you secure a comfortable retirement by matching dollar for dollar up to 5%.
• Time Off That Counts: Take advantage of our generous time off policy, which offers up to 15 vacation days annually + rollover (up to 40 hours) as well as five sick/wellness days. For new employees, vacation accrual will be prorated based on your start date.
• Meaningful Time with Your Loved Ones: We close between Christmas and New Year’s to give you an extra week off to spend quality time with your family and recharge.
• Enjoy the Holidays: Over the course of the year, Azurity recognizes 13 holidays.
• Invest in Your Education: We support your professional growth with tuition reimbursement for undergraduate and graduate level courses or certifications.
• Recognize and Be Recognized: Our Azurity High Five peer recognition platform allows you to celebrate your colleagues' accomplishments and receive recognition for your own outstanding work.

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