Galderma · 2 months ago
Associate Director, Gross to Net Accounting
Dallas
Full-time
Onsite
Lead/Staff, Director/Executive
10+ years expGalderma is a leading dermatology company with a presence in approximately 90 countries, focused on delivering innovative skincare solutions. The Associate Director of Gross-to-Net Accounting will manage and optimize the GtN process across U.S. operations, ensuring compliance with financial standards while collaborating with various teams to drive insights and improvements in financial forecasting and accruals.
Pharmaceuticals
Responsibilities
Own and lead the end-to-end Gross-to-Net (GtN) accounting process, including governance over accrual methodologies, assumptions, and calculation models
Establish and maintain documentation standards and controls for accrual processes, ensuring transparency, auditability, and alignment with IFRS and Galderma’s Accounting Manual (GAM)
Drive consistency and accuracy in reserves for rebates, chargebacks, returns, discounts, and other sales deductions across all products and channels
Validate inputs and outputs of GtN models in coordination with Commercial and Trade Teams, ICS, and Model N to ensure data accuracy and timely execution
Ensure monthly close deliverables are completed timely and accurately, including journal entries, reconciliations, true-ups, and variance explanations
Provide GtN financial inputs to support accurate gross-to-net forecasting to BU Finance and FP&A
Conduct in-depth reserve trend analysis and scenario modeling to support business decisions and working capital strategies
Collaborate with Commercial and Trade Teams to evaluate evolving contractual obligations, payer terms, and pricing strategies, and assess their impact on accruals and financial forecasts
Continuously clarify, monitor and provide insights on GtN variances, adjusting forecasts and accruals based on performance and actual claims activity
Maintain and continuously improve the GtN internal control framework; ensure audit readiness and compliance with internal policies and external audit standards
Lead accounting policy application and documentation for revenue reserves, in line with IFRS and GAM
Prepare and maintain workpapers, memos, and process documentation to support internal controls and financial reporting integrity
Act as the key liaison between Commercial and Trade, Accounting, Finance, Contracts, and GBS to ensure accurate customer-level accruals and claims data integration
Serve as the primary accounting liaison with ICS and the Model N team, and manage relationships with third-party service providers involved in discount, rebate, and chargeback processing
Continuous improve the GTN Process and collaborate with IT and Finance Systems teams to identify automation and data quality improvement opportunities across the revenue cycle
Partner with Commercial and Trade Teams to ensure evolving contractual terms and rebate strategies are properly reflected in financial estimates and controls
Mentor and develop 2 direct reports, supporting their growth in technical skills, business understanding, and cross-functional collaboration
Qualification
Required
Bachelor's degree in Accounting, Finance, or related field
Minimum 10+ years of relevant experience in revenue accounting, with at least 5 years focused on Gross-to-Net in the pharmaceutical, biotech, or healthcare industry
Deep understanding of IFRS 15 and experience in preparing GtN accruals and revenue reserve calculations
Strong ERP (Oracle preferred) and data/reporting tool experience (e.g., BIRDS, Power BI, Model N)
Demonstrated ability to influence across cross-functional teams and manage complex stakeholder relationships
Excellent communication skills and comfort with ambiguity in a dynamic, fast-paced environment
Proven track record in process improvement, automation, and implementation of scalable solutions
Preferred
Master's degree
Certified Public Accountant (CPA)
Benefits
Competitive wage with shift differential
Annual bonus opportunities
Career advancement and cross-training
Company
Galderma
Galderma is the leading company solely dedicated to skin and advancing the future of dermatology.
5001-10000 employees
Funding
Current Stage
Late StageLeadership Team
Tom Christenson
Chief Financial Officer
Wendy Johnson
Vice President Strategic Partnerships and Professional Relations
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