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Accounts Receivable Senior Supervisor

Employer
Tris Pharma
Location
Monmouth Junction, NJ
Start date
Dec 4, 2023

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Job Details

  

Tris Pharma, Inc. (www.trispharma.com) is a leading privately-owned biopharmaceutical company in the U.S. with a focus on development and commercialization of innovative medicines that address unmet patient needs. We have more than 150 US and International patents including applications and have marketed several branded and generic products in the U.S., have licensed our products in the US and international markets, and have a robust pipeline of innovative products spanning neuroscience and other therapeutic categories employing our proprietary science and technology.

We have an immediate opening in our Monmouth Junction, NJ facility for an Accounts Receivable Senior Supervisor to join our small Accounting team.

 

The Accounts Receivable Senior Associate provides operational support to the Accounting department by tracking, monitoring and maintaining a contracts database used to gauge the impact of price changes on gross to net activities (i.e., rebates, chargebacks, billbacks, Medicaid, administrative fees, etc.). The incumbent also manages and tracks progress towards company return policy via account reconciliation with customers minimizing impact of excess deductions resulting from disallowable returns.

 

ESSENTIAL FUNCTIONS  

Primary duties/responsibilities

· Analyzes pricing and contract information, prepares analyses and maintains contract databases to ensure price changes impacting gross to net calculations are accurately and timely reported

· Manages and tracks progress towards company’s return policy via account reconciliation with customers minimizing the impact of excess deductions resulting from disallowable returns

· Liaises with 3rd party providers (i.e., IntegriChain, Rx Crossroads, Qualanex) to ensure pricing master data is up to date and assists with deduction management 

· Generates Monthly Returns Reporting in order to understand variances, return activity vs. policy, exception management

· Works closely with auditors to explain certain elements of gross to net deductions, returns processing, excess deductions, etc. 

· Provides ad-hoc reporting and participates in projects, as needed  

· Assists in the preparation and analysis of budgets and forecasting for commercial teams  

· Willing to assist in other areas such as AP and financial reporting when necessary

· Assists in the implementation of our new FP&A tool, which is expected to be implemented by early 2024. 

Requirements

Knowledge/Skills/Abilities Required

Minimum Education and years of experience required

Bachelors degree in Accounting or related business discipline AND minimum 2 years revenue accounting and data analytics in the pharmaceutical, biotechnology or related environment. 

Other Requirements

Special knowledge or skills needed and/or licenses or certificates REQUIRED

· Working knowledge of general accounting principles, practices, methods and analysis and reporting of financial data  

· Strong working knowledge of pharmaceutical Accounting principles (i.e., rebates, chargebacks, billbacks, Medicaid,etc.)  

· Hands on experience with Enterprise Resource Planning Systems (QuickBooks, SAP or Oracle/JD Edwards)  

· Proficiency with Microsoft Office including advanced Excel (Vlook-up, pivot tables, etc)

Company

Founded in 2000, Tris Pharma, Inc. (www.trispharma.com) is the 3rd largest specialty pharmaceutical company in the United States. With our intense focus on the application of physical chemistry in biological systems, coupled with the requirements of manufacturing and market demands, we have grown our employee base over 250% in the past three years. Specifically, we are engaged in research, development, and manufacturing of both OTC and Rx branded products and specialty generic products. Our mission is to understand the science driving the delivery of drugs into the human body;develop and bring to market products that add value to our customers and patients and provide a benefit to our company, employees and society at large.

Company info
Website
Phone
(732) 940-2800
Location
US Highway 130
Monmouth Junction
NJ
08852
US

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