AdvaGen Pharma · 6 days ago
Director/ Associate Director -Finance (Gross to Net Accounting)
East Windsor, NJ
Full-time
Onsite
Senior Level, Lead/Staff, Director/Executive
7+ years expAdvaGen Pharma is seeking a Director/Associate Director for their Finance department focusing on Gross to Net Accounting. The role involves ensuring accurate recording and reporting of net sales components and collaborating with various teams to mitigate revenue leakage and analyze trends impacting gross to net projections.
Health CareManufacturingMedicalPharmaceutical
Hiring Manager
Srikanth P.
Responsibilities
Ensure accurate Point of Sale Accrual Rates on a monthly and quarterly basis, based on actual recent indirect sales history while also taking into account the impact the new contracts and changes to contract pricing might have on customer mix
Liaison with off-shore team to mitigate revenue leakage, ensure proper tracking of rebates and chargebacks payments
Business partner with Commercial sales organization for new launch gross to net projections
Collaborate with Sales and Marketing, AR Manager and Supply Chain to understand and document trends that may impact components GTN
Review all Gross-to-Net Accruals utilizing Wholesaler Inventory Reports and contract information, with analysis at the Customer and Product Level. Approve related adjustments as required
Provide required transaction information to i-Contracts to ensure proper Government Pricing calculations. Review all such calculations and report to government agencies as required
Approve and analyze Medicaid reimbursements and URA’s. Use this information to ensure sufficient reserves are in place, at a product level
Assist with oversight of the Returns Vendor, as necessary. Analyze actual returns vs accruals and provide explanations for all variances
Provide monthly commentary to management regarding GTN rates, adjustments and trends
Assist with ensuring the adequacy of GTN reconciliations shared by business partners
Other project responsibilities as assigned
Qualification
Required
Minimum 7 years of experience in finance, pharmaceutical industry preferred
Minimum 5 years of Gross-to-Net Accounting experience in pharmaceutical industry
Bachelor's Degree in Accounting or a related discipline is strongly preferred, but may not be required depending on specific experience
Experience in SAP, ERP Systems, revenue management systems (iContracts, Model N, Revitas, Vistex)
Strong analytical skills
Excellent communication skills, both verbal and written, across departments and levels
Able to handle multiple tasks and stay organized
Strong attention to detail
Company
AdvaGen Pharma
AdvaGen Pharma is a pharmaceutical company that develops, manufactures, and markets generic pharmaceutical products.
11-50 employees
H1B Sponsorship
AdvaGen Pharma has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (1)
2024 (4)
2023 (2)
Funding
Current Stage
Early StageCompany data provided by crunchbase