Assistant Director, Commercial Revenue Accounting

Headquartered in Carlsbad, California, and with offices in Boston, Massachusetts, and Dublin, Ireland, Ionis has been at work for more than three decades discovering medical breakthroughs that have redefined life for people with serious diseases. We're pioneers in RNA-targeted medicines, and our platform continues to revolutionize drug discovery and transform lives for patients with unmet needs. With multiple marketed medicines and a leading pipeline in neurology, cardiology and select areas of high patient needs, we continue to drive innovation in RNA therapies in addition to advancing new approaches in gene editing to provide greater value to patients and are well positioned financially to deliver on our strategic goals.

At Ionis, we pride ourselves on cultivating a challenging, motivating and rewarding environment that fosters innovation and scientific excellence. We know that our success is a direct result of the exceptional talents and dedication of our employees.

With an unprecedented opportunity to change the course of human health, we look to add diverse individuals, skill sets and perspectives to our exceptional team. We continue to invest time, money and energy into making our onsite, hybrid and remote work environments a place where solid and lasting relationships are built and where our culture and employees can thrive.

We're building on our rich history, and we believe our greatest achievements are ahead of us. If you're passionate about the opportunity to have meaningful impact on patients in need, we invite you to apply and join us. Experience and contribute to our unique culture while you develop and expand your career!

Assistant Director of Commercial Revenue Accounting

Summary:

We are seeking an experienced and detail-oriented Assistant Director of Commercial Revenue Accounting to join our growing team. This individual will primarily be responsible for commercial revenue accounting and will report to the Associate Director of Accounting, Revenue.

This position offers the unique opportunity to assist with establishing our gross-to-net (GTN) processes as Ionis ramps up commercial operations in the upcoming years. This individual will play a key role in managing the accounting and reporting of commercial product revenue and GTN deductions. It will also contribute to certain ERP implementation activities and establish automation and optimization in our commercial revenue accounting process.

The ideal candidate will have public company experience in the biotech space, specifically in commercial product revenue. The role requires strong technical knowledge of revenue recognition (ASC 606), a solid grasp of pharmaceutical GTN processes, and the ability to collaborate cross-functionally to support business objectives.

Responsibilities:

• Responsible for the accuracy and completeness of monthly Commercial Revenue and GTN accruals for global commercial revenues, with a primary focus in US commercial revenue
• Assist in the calculation and accrual of gross-to-net components such as chargebacks, rebates, product returns, co-pay programs, and other commercial discounts.
• Responsible for preparation of the reconciliation of commercial revenue general ledger accounts.
• Ensure compliance with ASC 606 and internal accounting policies related to revenue recognition.
• Collaborate cross functionally with Market Access, Commercial Operations, and FP&A to provide accounting analysis and analytical assistance and to gather inputs to support revenue-related estimates
• Process commercial revenue transactions in SAP from creating billing documents through cash application
• Responsible for maintenance of supporting documentation to ensure SOX compliance across commercial revenue processes as well as assist with the establishment of commercial revenue SOX controls environment in SAP
• Assist in the preparation of audit materials and respond to inquiries from internal and external auditors
• Assist with ongoing SAP implementation as needed

Qualifications:

• Bachelor's degree in Accounting, Finance, or related field; CPA or progress toward CPA strongly preferred.
• 8+ years of progressive accounting experience, with at least 3+ years in a revenue or gross-to-net-focused role.
• Prior experience in the pharmaceutical, biotech, or life sciences industry required.
• Strong working knowledge of US GAAP and ASC 606.
• Familiarity with SAP preferred.
• Strong analytical and organizational skills; attention to detail is critical.
• Effective communication and collaboration skills; ability to work well across departments.
• Self-starter with the ability to manage multiple priorities in a fast-paced environment.
• Hybrid role- onsite presence 3x per week

Please visit our website, http://www.ionis.com for more information about Ionis and to apply for this position; reference requisition # IONIS003620

Ionis offers an excellent benefits package! Follow this link for more details: Ionis Benefits

Full Benefits Link: https://www.ionis.com/careers/working-at-ionis/#:~:text=our%20employee%20spotlight-,Benefits,-Employees%20are%20rewarded

The pay scale for this position is $94,881 to $147,997

NO PHONE CALLS PLEASE. PRINCIPALS ONLY.

Ionis Pharmaceuticals, Inc. and all its subsidiaries are proud to be EEO employers.