Azurity Pharmaceuticals is a privately held, specialty pharmaceutical company that focuses on innovative products that meet the needs of underserved patients. As an industry leader in providing unique, accessible, and high-quality medications, Azurity leverages its integrated capabilities and vast partner network to continually expand its broad commercial product portfolio and robust late-stage pipeline. The company’s patient-centric products span the cardiovascular, neurology, endocrinology, gastro-intestinal, institutional, and orphan markets, and have benefited millions of patients. For more information, visit
www.azurity.com.Azurity Pharmaceuticals is proud to be an inclusive workplace and an Equal Opportunity Employer. Azurity's success is attributable to our incredibly talented, dedicated team that focuses on benefiting the lives of patients by bringing the best science and commitment to quality into everything that we do. We seek highly motivated individuals with the dedication, integrity, and creative spirit needed to thrive in our organization.
Brief team/department description:
The Azurity Accounting Team is searching for a GTN Analyst to join the team as we enable the business to make profitable and well-founded decisions. The GTN Analyst is a well-rounded team contributor who can assist the GTN team in reaching its goals.
Principle Responsibilities:
The GTN Analyst supports the GTN Manager - Hyderabad, in successfully managing Gross to Net Revenue operations. The areas of responsibility directly under the GTN Analyst are Gross to Net accounting transactions (including Revenue transactions) and some Order to Cash Processing activities.The GTN Analyst has the responsibility to:
- Analyze and manage gross to net revenue, ensuring accurate calculation of net revenue from gross sales by factoring in discounts, rebates, chargebacks, returns, and allowances.
- Track and report on changes in sales contracts, customer agreements, and pricing arrangements to accurately determine net revenue.
- Reconcile gross sales with actual net revenue, identifying discrepancies and investigating root causes of variances.
- Provide variances analysis between actuals and forecasted or budgeted figures, highlighting key trends, issues, and business insights.
- Work closely with sales, finance, legal, and operations teams to understand new or modified contractual terms and ensure accurate net revenue calculations.
- Support internal and external audits related to revenue recognition and gross to net adjustments
- Identify areas for process improvements to enhance the efficiency and accuracy of gross to net revenues tracking.
- Ensure that all the gross to net revenue data in the financial system is accurate, up to date, and in compliance with accounting principles & policies.
Qualifications and Education Requirements
- CA/CWA with 2-3 years of experience or a CA Inter/MBA with at least 7+ years of experience
- Pharmaceutical industry experience is a plus.
- Working knowledge of US GAAP
- Experience with Microsoft Dynamics365 preferred.
- Strong PC skills including proficiency with Microsoft Office products (Excel, Word, PowerPoint, Outlook) and financial accounting systems.
- Strong analytical skills, accuracy, and attention to detail are a must.
By applying for this role, you confirm that you are mentally and physically capable of fulfilling the job responsibilities detailed in the job description without any restrictions. If you have any concerns or even the slightest disability that may affect your ability to perform the job, please inform HR in advance.
