Senior Accountant

Bracco Diagnostics Inc. is a subsidiary of Bracco Imaging which is part of the overall Bracco Group. The Company specializes in the clinical development, marketing and sales of diagnostic contrast imaging agents. Bracco Diagnostics Inc. primarily markets its products to hospitals throughout the United States. Bracco Diagnostics Inc. is committed to the discovery, development, manufacturing and marketing of imaging agents and solutions aimed at providing a better use and management in terms of diagnostic efficacy, patient safety and cost effectiveness.

Senior Accountant, G2N (Gross to Net)

SUMMARY:

The Senior Accountant, G2N (Gross to Net) is responsible for managing the gross-to-net accruals and month-end financial reserves, as well as supporting the general accounting functions. This position will play a key role in the month-end close process, including journal entries, account reconciliations, and the preparation of financial reports. GT: Do you want to add something that gives context to our organization? Like "This position is a key member of the North America Finance Shared Services organization supporting 4 main operating entities in the US and Canada."

ESSENTIAL DUTIES AND RESPONSIBILITIES include the following:

• Compile and analyze monthly account reconciliations including gross to net accrual for chargebacks (CB), contract rebates, wholesaler fees, cash discounts, sales returns, and other sales deductions.
• Calculate key provisions in accordance with IFRS such as bad debt provisions and revenue recognition.
• Support calculation and analysis of average selling price.
• Prepare monthly cash flow forecast & analysis, including variance explanations.
• Prepare monthly journal entries and perform analysis of P&L & Balance Sheet accounts.
• Prepare and review balance sheet account reconciliations.
• Support financial reporting (monthly, quarterly, and annual), ensuring accurate reserves and financial analytics.
• Collaborate with various functional teams to resolve accounting issues and improve operational processes.
• Participate in the preparation of statutory financial statement reports and ad-hoc financial analysis.
• Lead and support internal and external financial audits, providing key data and reconciliations as needed.
• Perform technical research on current & new accounting pronouncements
• Participate in the Balance Sheet annual budgeting and forecast process
• Generate and report strategic NA shared services KPIs.
• Maintain/ improve shared services performance levels.
• Prepare and maintain Standard Operating Procedures (SOPs) for finance and accounting processes.
• Assist in implementing process improvements to enhance the accuracy and efficiency of financial close and reporting processes.
• Perform system user acceptance tests and provide input for system enhancements (e.g., SAP, Business Objects).

SECONDARY DUTIES AND RESPONSIBILITIES include the following:

• Assist with special projects, including process automation, streamlining, and simplification of general ledger activities.
• Perform ad hoc reporting and analysis as needed

SUPERVISORY RESPONSIBILITIES:

• None

CORE COMPETENCIES:

To perform this job successfully, an individual must possess the following competencies:

• Excellent analytical and technical skills.
• Strong organizational, multitasking, and problem-solving abilities.
• Attention to detail with a process-oriented mindset.
• Ability to collaborate effectively with cross-functional teams.
• Strong written and verbal communication skills.
• Ability to work independently, manage multiple projects, and meet deadlines.

EDUCATION and EXPERIENCE:

• BA/BS in Accounting
• 4-6 years of experience in finance/accounting, preferably in the pharmaceutical or healthcare industry.
• Experience with "Gross to Net" accounting, chargebacks, contract rebates, and sales accruals is highly desired.
• Public accounting (Big 4) experience is preferred.
• SAP/ SAP 4Hana experience is required.
• Blackline and similar financial systems experience is a plus.
• Experience with financial consolidations, HFM, or FCCS reporting tools a plus.
• Advanced Excel skills are required.
• Experience with financial modeling, account reconciliations, and financial analysis.

CERTIFICATES, LICENSES, REGISTRATIONS:

• CPA or working towards certification preferred

PHYSICAL DEMANDS:

• Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.
• Limited travel may be required (5% of the time).

WORK ENVIRONMENT:

• The position is hybrid with 1-2 days in-office presence as needed.

CORE RELATIONSHIPS:

• Sales, AR, and Contract Administration Teams
• Accounts Payable/T&E Team
• IT and Systems Teams
• External auditors and other key stakeholders

Bracco Diagnostics Inc. is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, or any other protected status.