Depomed, Inc.

Sr. Financial Analyst

Location
Lake Forest, IL, United States
Posted
Jun 22, 2018
Ref
1127XX
Discipline
Administration, Finance
Hotbed
BioMidwest
Required Education
Bachelors Degree
Position Type
Full time
This position is primarily responsible for the Company's internal Financial Management Report and plays a key role in the Company's Product Sales and Sales Discount Revenue Recognition functions. The individual is also responsible for providing financial analysis and accounting for the Company's General & Administrative departments.

ESSENTIAL JOB FUNCTIONS
  • Corporate Financial Management Report
  • Prepare and coordinate completion of the monthly internal financial management report to the CEO/CFO and secondary financial management report to the Executive Team Revenue.
  • Assist in preparing month-end product revenue journal entries and related support
  • Financial tracking and analytics for Product Returns, Managed Care Rebate Agreements, Medicaid Rebates, Medicare Part D Rebates, Federal Supply Schedule Chargebacks, and Co-Pay Assistance Programs
  • Assist in government pricing calculations and compliance
  • Assist in preparing gross-to-net discount analytics
  • Prepare managed care rebate analytics
  • Investigate and resolve issues in accounts receivable and rebates
  • Assist in product return approval process Expense Budget and Reporting
  • Prepare monthly close and actual versus budget and forecast analyses for G&A departments
  • Prepare expense by vendor analysis • Prepare Forecast and budget for general and administrative departments Other
  • Perform all PDL accounting and royalty reports and be company's liaison between diabetes royalty partners and PDL
  • Prepare monthly Cash balance reporting ADDITIONAL RESPONSIBILITIES/DUTIES Ad-hoc financial analysis


Requirements

EDUCATION AND EXPERIENCE
  • Bachelor's degree in Finance or Accounting
  • Minimum 3 years of related experience


SKILLS AND ABILITIES
  • Excellent analytical skills and time management skills, demonstrate attention to detail
  • Competency with Excel
  • Strong written and verbal communication skills
  • Able to flexibly operate in dynamic environment and respond to all standard and ad-hoc requests
  • Problem Solver - able to perform root cause analysis and act accordingly to resolve issues
  • Systems: Adaptive Insights and Microsoft A/X experience a plus


About Us

THE COMPANY

Depomed is a leading specialty pharmaceutical company committed to putting the Patient First in everything we do; with a focus on enhancing the lives of patients, families, physicians, providers and in payors through commercialization of products in the areas of pain and neurology, and developing drugs in areas of unmet medical needs.

Depomed currently markets three medicines focused on neuropathic pain and migraine through its Neurology and Pain Business and has an emerging Specialty Business focused on orphan drug indications and areas of unmet medical need.

Depomed has a clear THREE PILLAR strategy for growth:

MAINTAIN a strong/profitable NUCYNTA franchise through a commercialization agreement with Collegium, GROW the Neurology and Pain Business and BUILD a new Specialty Business through a recent Cosyntropin transaction. The company's strategy is to continue to identify, license and develop new products-that offer enhanced therapeutic options to patient populations that may be underserved by existing therapies.

As part of the transformation strategy, Depomed has relocated its headquarters to Lake Forest, Illinois.

Depomed is an AA/EEO/Veterans/Disabled employer.