DIRECTOR OF REVENUE ACCOUNTING

Position Summary :

The Director of Revenue accounting leads all aspects of revenue accounting, corporate contract management, and reporting, including the oversight of the revenue recognition process as it relates to GAAP and IFRS. Provides strategic insights to Commercial leadership as a Finance business partner. Responsible for leading customer location management and Contracts & Pricing teams for Commercial Operations for IDN and GPO contracts. Directly supports sales leadership, territory managers, and commercial operations with analysis and reporting needs. Responsible for all contract compliance management and reporting including working with the field and internal teams to monitor.

Primary Responsibilities :

• Perform all work in compliance with company policy quality procedures and standards.
• Oversee and manage the revenue recognition and reporting process, ensuring compliance with IFRS 15 / 16 and ASC 606, and other relevant accounting standards, regulations, and guidelines.
• Develop and maintain financial models for pricing and customer profitability, providing strategic insights and recommendations for optimizing financial performance to executive management team.
• Manages the month-end financial close and reporting for Revenue, Distributor Margin Adjustments, Rebates, Royalties, lessor accounting, contracts compliance, warranty recognition, warranty provisions, and COGS for US Commercial Operations.
• Designs and implements processes, tools, and internal controls to manage financial risks in pricing, customer quotes, and contracts.
• Management of delinquent leases, return of equipment, and contracted volume shortfall analysis.
• Ensure accurate application of IFRS 15 as it relates to 2 of the 9 entities in the US.
• Management and enhancement of the pricing tool.
• Review and management of the quoting process for IDN and GPO customers.
• Provide guidance and support to the business by ensuring financial tools are utilized and internal controls and accounting processes are understood and followed.
• Finance project lead for SAP ERP, Salesforce CRM, and Salesforce CPQ implementations and enhancements.
• Responsible for accuracy and compliance of Installed Base, including cycle counts and physical verification of equipment and impairment reviews.
• Responsible for annual Clinical Installed Base budget and Strategic Planning process as well as customer pricing inputs required for ASP budgeting.
• Manage the revenue accounting for all SAAS and Service contract records and related billing plans for manufacturers warranty, extended warranties, and service contracts in SAP timely and accurately.
• Oversees quarterly Reagent Purchase Agreements for all customers and associated reporting is communicated to the sales leadership and follow up on action items.
• Ensures accurate analysis and reporting for all acquisition method agreements commitment compliance.
• Responsible for analysis of profitability on customer contract and pricing proposals.
• Ensures accurate customer pricing & hierarchies are maintained in SAP by overseeing regular data review and cleansing activities. Responsible for creating and maintaining KPIs, revenue analysis, reports, dashboards, and models leveraging data warehouse and BI tools.
• Knowledge and ability to serve as an expert and educational resource on healthcare strategy issues.
• Mentor, supervise and develop members of the accounting and finance team to ensure a high level of efficiency and expertise.
• Responsible for managing internal and external audits for revenue recognition and other areas under scope of the team.
• Ability to convert data to understandable and explainable format including slide preparation for the business.
• Performs ad hoc analysis and assignments as needed.

Education, Skills, & Experience :

LI-US