Senior Revenue Accountant

Why Join Us?

Be a hero for our rare disease patients

At Ultragenyx, we fundamentally believe that taking real impactful action to care for the needs of patients and our people is always the right thing to do. To achieve this goal, our vision is to lead the future of rare disease medicine. For us, this means going where other biopharma companies won't go – challenging the status quo and creating a new model that advances our field so more patients and caregivers can benefit from life-changing treatments. We do this by following the science, applying a novel rapid development approach, making innovative medicines at fair and reasonable prices, and creating a collaborative ecosystem to reach patients in ways that are most meaningful for them.

Our commitment and care for patients extends to our people, so culture is an essential cornerstone for Ultragenyx. We remain continuously focused on creating a supportive and inclusive environment of profound learning and growth – so employees can thrive in all areas of their lives, in and outside of work. Ultimately, we want to be an organization where we would be proud for our family, friends and children to work.

If you want to have a meaningful impact, do the best work of your career, and grow a lot, both professionally and personally, come join our team.

Position Summary:

ultrainnovative – Tackle rare and dynamic challenges

The Senior Accountant will demonstrate strong ownership, judgment, and attention to detail while performing assigned responsibilities and continuously seeking opportunities to improve processes and efficiencies. Areas of responsibility include the preparation, recording, analysis, and review of revenue accounting activities to ensure compliance with generally accepted accounting principles (GAAP), corporate policies, SOX requirements, and external audit standards. This individual will play a key role in the monthly close process, including the preparation of journal entries, account reconciliations, revenue analyses, and supporting schedules for financial statement reporting.

The Senior Accountant will contribute to the development and implementation of procedures and internal controls to support an efficient, compliant, and scalable financial reporting environment.

Work Model:

Flex: This role will typically require onsite work 2-3 days each week, or more depending on business needs. In many locations, the business will set certain days each week that Flex employees are required to be onsite.

Responsibilities:

Review of transactions for compliance with ASC-606 revenue standards

Reconcile transactions issued by the supply chain team for multiple territories

Perform revenue data analysis in revenue and accounts receivable and associated reserves

Prepare and review gross-to-net accruals and related reserve analyses

Support revenue recognition for product sales and collaboration arrangements

Analyze chargebacks, rebates, returns, government pricing-related reserves, and other deductions from revenue

Reconcile distributor, wholesaler, or third-party logistics activity to revenue and AR records

Identify opportunities for automation to improve the speed and efficiency of the monthly revenue close

Partner with cross-functional teams including finance, commercial, and various business owners on a variety of projects

Perform and maintain assigned internal controls on a monthly basis

Prepare journal entries, balance sheet reconciliations and flux analysis at month-end close

Participate in revenue accounting projects, including system enhancements process improvements, automation initiatives, and implementation of new business models or contract arrangements

Support external audit requirements related to specific areas of responsibility

Assist in financial reporting during the month-end close process

Analyze/prepare aging reports and perform collection efforts as needed

Requirements:

Minimum qualification of bachelor's degree or equivalent

3+ years of experience in accounting

Experience with pharmaceutical/biotech revenue models, such as product revenue, gross-to-net, rebates, chargebacks, distributor arrangements, returns reserves, and government pricing a plus.

Experience with ERP systems and revenue subledger tools preferred

Public company, SOX, or external audit experience preferred

CPA or CPA track preferred

Advanced Excel, PowerPoint & Word

Strong analytical skills

Oracle, SAP, NetSuite, or similar ERP experience preferred

#LI-CS1 #LI-Hybrid

Full Time employees across the globe enjoy a range of benefits, including, but not limited to:

Generous vacation time and public holidays observed by the company

Volunteer days

Long term incentive and Employee stock purchase plans or equivalent offerings

Employee wellbeing benefits

Fitness reimbursement

Tuition sponsoring

Professional development plans

Benefits vary by region and country

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It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

Note to External Recruiters: All candidate activity and open positions are managed strictly through our Human Resources Department. Our Human Resources Department kindly requests that recruiters not contact employees/hiring managers directly in an attempt to solicit business and present candidates. Please note that failure to comply with this request will be a factor in determining a professional relationship with our organization. Submission of unsolicited resumes prior to an agreement set in place between the Human Resources Department and the recruiting agency will not create any implied obligation. Inquiries on developing a recruiting relationship with us, may be directed to: talentacquisition@ultragenyx.com.