Senior Manager, Gross to Net Accounting

1/18/24

Minneapolis, MN

2218

FullTimeRegular

Our client is seeking a Senior Manager, Gross to Net Accounting to join the Company to assist with all aspects of the company’s financial accounting operations and reporting. The successful candidate will work closely with the management of the Company and will have significant responsibilities, including:

Responsibility for the proper accounting of gross to net reserves including chargebacks, commercial rebates, product returns, and government rebates

  • Prepare, reconcile, and analyze accrued reserves
  • Review & analyze trends and provide actionable insights
  • Detect, investigate, and resolve discrepancies on a prompt & on-going basis
  • Review and approve return authorizations
  • Manage an external vendor servicing reverse logistics
  • Validate and challenge customer return deductions
  • Process government rebates (Medicaid, Medicare Gap D, Tricare)
  • Review and evaluate monthly AMP calculations
  • Confirm annual public law compliance for VA/FSS national contracts

Responsibility for general accounting operations and reporting for all of the Company’s operations

  • Evaluate AR aging to develop and execute action plans to optimize cash flow
  • Address customer inquiries and collection of past due accounts receivables
  • Develop and support transaction support staff
  • Investigate and validate customer deductions
  • Conduct financial planning & analysis to develop budgets & assess performance
  • Plan and execute process improvement initiatives

Qualifications:

  • Bachelor’s degree and 1-3 years of public accounting firm experience required
  • Strong written and verbal communication skills
  • Ability to multi-task and work under pressure
  • Must apply critical thinking and have a mindset for continuous improvement
  • Self-starter who can be effective with minimal supervision
  • High degree of integrity, confidentiality, and ethics
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