||Associate Director-Director, Finance
||Florham Park, NJ
||Executive Director, Finance
Reporting to Head of Finance, the Finance Associate Director/Director leads all day-to-day finance operations for our commercial entity, with responsibility for accounting, accounts payable, T&E review and inventory management. Responsibilities also include revenue recognition, order-to-cash alignment, cost of goods sold reporting, and procure-to-pay, along with ensuring the accuracy of the monthly financial package review; proper maintenance of accounting records; accurate processing of financial transactions; and administration of a comprehensive set of controls and budgets designed to mitigate risk, enhance the accuracy of the company’s reported financial results, and ensure that report results comply with generally accepted accounting principles (GAAP).
Major Responsibilities and Duties
- Work with corporate accounting team to ensure inventory and costs of goods sold are properly calculated.
- Collaborate with business functions for payment coordination.
- Maintain control of the following areas: accounts payable, revenue recognition, inventory, order-to-cash and T&E reimbursements.
- Prepare a variety of ad hoc financial scenarios as requested.
- Draft white paper for accounting memos and business cases as required.
- Reviewed invoice reports to ensure payment were processed timely.
- Ensure that financial transactions are processed accurately, in a timely manner, and in accordance with generally accepted accounting principles.
- Develop, implement, and maintain processes and controls that are current best practices related to transaction processing.
- Owns accounts payable activities to ensure accuracy and timeliness of invoice processing.
- Oversee the operations of accounting function
- Manage log sheet for Capital Expenditure Request (CER) number.
- Manage, oversee, process (as appropriate), and act as backup for processing the following transactions: accounts payable, expenses reimbursements, fixed assets, and check deposits.
- Maintain an orderly accounting filing system to retain original files.
- Update SOX compliance process, matrix, and documentation to meet business requirements.
- Provide commercial team revenue report on a monthly basis including revenue forecast.
- Prepare and gathering data/documents to meet audit requirements.
- Suggest improvements in processes to increase organizational effectiveness.
Qualifications and Education Requirements
- Bachelor’s degree in accounting or finance.
- Postgraduate degrees in accounting, finance, or business preferred
- Must have 4-5 years of previous experience with revenue recognition, inventory and cost accounting.
- Certified Public Accountant is preferred.
- Able to communicate in Mandarin is preferred.
- Minimum of 7 years of finance and accounting experience. Public accounting and/or pharmaceutical experience are preferred.