Senior Director, Revenue Accounting

Pacira Pharmaceuticals, Inc.•Brisbane, CA

6h•$203,000 - $267,000

About The Position

At Pacira, innovation meets purpose. Pacira BioSciences, Inc. is a pioneer in non-opioid pain management and regenerative health solutions. Today, we’re building on that legacy with next-generation innovations for chronic, postsurgical, and musculoskeletal pain. Our culture is built on collaboration, innovation, and a shared commitment to helping patients recover faster. We are redefining what’s possible in pain management—and we can’t do it without talented people like you. Why Join Us? At Pacira, every career is more than a job. Our mission drives us, and every day, we challenge ourselves to achieve the extraordinary. Integrity is at the core of who we are. We value diverse perspectives and the collective strength of a unified team. Join the team in making better possible for patients everywhere. Summary: The Senior Director, Revenue Accounting will lead the revenue accounting activities for all products and related accounts, including accounts receivable, payor rebates, commercial chargebacks, returns reserve, royalty revenue, Medicaid, 340B discounts/chargebacks, GPO fees and all other contractual fees and expenses related to revenue. This position oversees complex revenue arrangements, Gross-to-Net (GTN) accounting, including payor contract rebates and chargeback processing and analysis. This position will participate, and support forecasting and budgeting processes specifically focused on understanding of Gross to Net estimates for existing and future products. The Senior Director, Revenue Accounting is a leadership position within the Corporate Accounting Department. The ideal candidate possesses technical competence and experience in product revenue accounting and analytics, in-depth knowledge of chargebacks, payor and general rebates and commercial discounts programs accounting and operation, contract compliance and operational experience and team management expertise.

Requirements

BS/BA degree from an accredited college/university required; Accounting, Finance, or Mathematics/Statistics concentration preferred.
Minimum 10 years of accounting experience, experience with complex revenue recognition transactions and Gross-to-Net accounting required with prior experience in the Pharmaceutical Industry preferred.
5+ years of direct management experience leading accounting operations
Advanced Microsoft Excel experience required with Power BI preferred.
Deep knowledge of corporate accounting and revenue accounting requirements, preferably in the pharmaceutical industry
Ability to develop, maintain and evaluate models for calculating and forecasting gross-to-net deductions.
Demonstrated excellent analytical abilities and effective oral and written communication skills.
Experience working in a fast-paced environment with multi-project and multi-product manufacturing organization.
Exceptional communication and stakeholder management skills with the ability to effectively collaborate with cross-functional teams to drive business process transformation.
High proficiency in using Microsoft Excel, Word, and PowerPoint
Proven ability to manage multiple projects, set priorities and meet deadlines.

Nice To Haves

CPA or MBA preferred.

Responsibilities

Lead and oversee the revenue accounting function, including oversight of all product revenue and related gross to net accounting (discounts, service fees, returns, rebates, and chargebacks) and all related revenue accounts, including accounts receivables and royalties.
Manage monthly and quarterly close process to ensure accuracy of internal and external financial reporting ensuring timeliness and accuracy including: Reviewing month end entries and reconciliations for revenue, gross to net accruals, allocation of product sales by production site and sales region and all other revenue related accounts
Manage the consolidation and distribution of the monthly revenue flash report and other ad-hoc reports.
Collaborate with internal teams (Market Access, Sales, Commercial Analytics) to ensure reporting accuracy and support internal business requests for product performance analytics.
Oversee Medicaid and 340b monthly, quarterly, and annual submissions to the appropriate government agencies for all products.
Establish and lead a structured cross-functional review process for gross-to-net estimates, partnering with departments such as Market Access, FP&A and Commercial Analytics to ensure payor contract terms are accurately interpreted and appropriately reflected in gross-to-net assumptions and financial forecasts.
Lead periodic cross-functional reviews of payor contract assumptions to improve gross-to-net estimate accuracy and reduce forecasting variances.
Serve as a subject matter expert and provide guidance as we launch product offerings and expand our customer base and support forecasting and budgeting processes specifically focused on understanding Gross to Net estimates.
Serve as a key member and subject matter expert on the Sub-Pricing Committee, providing financial and accounting guidance on proposed pricing strategies, payer agreements, and contracting structures.
Drive continuous development of tools to drive efficiency and promote scalability as it relates to issue identification and resolution in day-to-day operations such as chargebacks processing.
Review contracts for revenue accounting implications (e.g., renewals, contract modifications, and variable consideration)
Collaborate closely with external auditors to drive timely accounting conclusions for revenue recognition. Function as a primary point of contact throughout the audit process for external/internal auditors and consultants on technical revenue matters.
Lead and mentor a team of revenue accounting professionals, fostering a collaborative, high-performing culture, and a continuous improvement mindset.
Work to maximize process efficiencies, ensure processes have effective internal controls and meet business needs.