Senior Director, Commercial Accounting
Core
Lead the establishment and execution of commercial accounting operations, building scalable processes for revenue recognition, inventory, and cost of goods sold to support a first product launch in biotech.
Role type
Senior Director, Commercial Accounting
Builds
Scalable accounting processes and internal control frameworks for revenue, inventory, and COGS
Domain
Biotechnology / Life Sciences / Commercial Accounting
Required skills
ASC 606 revenue recognition, inventory accounting, cost of goods sold, SOX internal controls, gross-to-net reserves, 3PL accounting, SEC reporting, audit management, ERP implementation, financial close, cross-functional collaboration
Preferred skills
Public company experience, first commercial product launch support, scaling SOX processes post-commercialization, biotech/pharma commercial operations experience
Technologies
ASC 606, SOX 404(b), ERP, 3PL systems, General Ledger
Responsibilities
Own and implement ASC 606 revenue recognition policies and control activities; Manage gross-to-net reserves models (chargebacks, rebates, returns); Oversee outsourced order-to-cash processes and reconciliations; Prepare technical accounting memos and process documentation for audits; Collaborate with FP&A, Commercial, Supply Chain, Legal, and IT; Provide accounting guidance on pricing and distribution models; Lead and develop commercial accounting staff; Prepare SEC reporting and audit committee materials; Serve as primary contact for external auditors; Own accounting for worldwide commercial and clinical inventory including costing and variances; Direct review of monthly manufacturing accruals; Establish SOX-compliant controls over inventory valuation and physical counts; Provide guidance for ERP and 3PL system implementations.
Seniority
Senior Director, strategic leadership with hands-on execution