Cytokinetics is a late-stage, specialty cardiovascular biopharmaceutical company focused on discovering, developing and commercializing first-in-class muscle activators and next-in-class muscle inhibitors as potential treatments for debilitating diseases in which cardiac muscle performance is compromised. As a leader in muscle biology and the mechanics of muscle performance, the company is developing small molecule drug candidates specifically engineered to impact myocardial muscle function and contractility.
Director, Revenue Accounting
As the Director of Revenue Accounting, you will manage the Revenue Recognition process, including partnering with various commercial teams in our organization. Initially, this will be an individual contributor role, focused on setting up revenue accounting and leading technical/SEC accounting projects. As we move to commercialize our first drug in the second half of 2025, this position will shift towards leading the Revenue function. Reporting to the Executive Director, Finance & Corporate Controller, this is an opportunity to contribute significantly to a rapidly growing, company with a strong pipeline.The successful candidate will be action-oriented with a blend of both technical and operational accounting experience related to revenue recognition, technical accounting and SEC reporting and can build strong relationships with and deliver superior service to all key stakeholders.
Responsibilities
- Lead and establish revenue recognition and accounts receivable policies for the company and be the subject matter expert in revenue-related matters.
- Review revenue related contracts and assess the accounting and reporting implications in accordance with ASC 606 and validate set ups in the appropriate systems to account for the respective contracts.
- Collaborate and support with various business partners, such as Contracting, Trade, Reimbursement, Sales and FP&A teams.
- Lead system and process development for revenue accounting with third party service providers for revenue, receivables and Gross-to-Net for first commercial launch.
- Reconcile Gross-To-Net (GTN) system setups as well as 3PL system and GTN system interfaces. Review claim processing data (chargeback, rebates, copay and others) to ensure accuracy and timeliness of claim data (unit and amount) and payments. Ensure SOX compliance in revenue and receivables accounting area.
- Lead the month-end and quarter-end revenue and receivables close process activities, including preparation and/or review of journal entries, data interface validation and account reconciliations and other required and ad hoc analyses.
- Draft technical accounting memos related to ASC 606. Assist in the preparation of SEC filings and interface with external auditors and RGP as needed. Ensure proper revenue recognition in accordance with applicable guidance and ensure consensus with external auditors.
- Handle specific ad-hoc projects as needed. Including technical accounting and SEC reporting issues outside of revenue.
Qualifications
- 8-10 years of public accounting experience with a total of 12-15 years of total accounting experience.
- Pharma revenue experience preferred
- ERP experience
- Excellent communication skills
- CPA
Actual salary at the time of hire may vary and may be above or below the range based on various factors, including, but not limited to, the candidate’s relevant qualifications, skills, and experience, as well as the service line and location where this position may be filled.Salary Pay Range$228,000—$252,000 USDOur employees come from different backgrounds, and we celebrate those differences. We are looking for the best candidates for our open roles, but do not expect applicants to meet every qualification in order to be considered.
If you are excited about what you could accomplish at Cytokinetics and believe you can add value to our team, we would love to hear from you.
Please review our General Data Protection Regulation (GDPR) policy PRIOR to applying.
Our passion is anchored in robust scientific thinking, grounded in integrity and critical thinking. We keep the patient front and center in all we do – all actions and decisions are in service of the patient and their caregivers. We champion integrity, ethics, doing the right thing, and being our best selves.
Please visit our website at: www.cytokinetics.com
Cytokinetics is an Equal Opportunity Employer
