Revenue Contractor
Location:
Remote – Must reside in San Diego, CA, Minnetonka, MN, or Boston, MA (transition to hybrid if converted to full-time)
Schedule:
Standard Working Hours
Duration:
3-Month Contract (Contract to Hire)
Pay:$90 - 100/hr
Our client is a leading biopharmaceutical company specializing in proprietary drug delivery technologies and the commercialization of innovative life science products. They are seeking an experienced Revenue Contractor to oversee all aspects of revenue management, with a strong focus on gross-to-net accounting, 3PL partnership integration, and cross-functional financial reporting.
Essential Functions and Responsibilities
- Analyze and report revenue transactions including proprietary product sales, rebates, chargebacks, and returns
- Perform monthly payments related to Managed Care, Medicaid, Tricare, and CGDO/MDP invoices based on invoice details from third-party provider
- Review commercial contracts with wholesalers and distributors to assess revenue implications
- Calculate and analyze GTN reserve accounts based on financial data collected from various sources, proposing corresponding adjustments and providing explanations for variances to budget
- Review third-party provider reconciliation reports and GTN model for forecasting
- Prepare GTN month-end preliminary results presentation including overview of reserve performances, key adjustments, and concerns to share with Commercial and FP&A
- Lead onboarding, integration, and ongoing management of third-party logistics (3PL) partnerships
- Lead revenue-related journal entries, reconciliation, and variance analyses during month-end close
- Perform AR aging reconciliation process and clear aging return debit memo issues, working directly with 3PL personnel and customers
- Review collections data and credit profiles, providing monthly updates to the Commercial team
- Oversee certain government payments, partnering directly with government contacts and Accounts Payable to coordinate, execute, and optimize the payment process
- Assist with external audits and internal reviews by providing documentation and analysis as requested
- Maintain and enhance internal controls over revenue accounting processes
- Prepare various schedules to facilitate financial statement reports, budgeting/forecasting, and tax return preparation
- Support system implementations as they relate to GTN accounting and AR transactions through 3PLs
- Other duties as assigned
Education and Experience
- Minimum four (4) year college-level accounting degree; CPA or CMA preferred
- Eight (8+) years of experience in GTN accounting, preferably in the pharmaceutical, healthcare, or life science industry
- Experience with 3PLs is preferred
- An equivalent combination of experience and education may be considered
Knowledge and Skills
- Strong understanding of pharmaceutical pricing, reimbursement, and regulatory frameworks
- Strong financial management and analytical skills
- Solid problem-solving capabilities
- Ability to work both autonomously and cross-functionally with others
- Takes initiative and is solutions-oriented
- Experience with general office information systems, Microsoft Office products, and accounting software or ERP systems
- Advanced Microsoft Excel skills (pivot tables, V-lookups, etc.)
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