Collegium Pharmaceutical

Senior Manager of Commercial Finance

Job Locations US-MA-Stoughton
Posted Date 2 months ago(4/4/2022 7:09 PM)
ID
2022-1514
# of Openings
1
Category
Accounting/Finance

Overview

COMPANY OVERVIEW

Collegium Pharmaceutical is building a leading, diversified specialty pharmaceutical company committed to improving the lives of people living with serious medical conditions. Our portfolio compels us to step into the pain market at a time when others have opted to step out. We recognize the importance of earning the trust of key stakeholders every day. We are focused on building the Collegium of tomorrow and we remain focused on making a positive difference in the lives of people living with serious medical conditions and our communities.

 

POSITION OVERVIEW

The Senior Manager, Commercial Finance will lead the company's efforts in executing processes and controls for accounting for product revenue, including gross-to- net calculations and product launches. This role will manage the day-to-day financial 3PL relationship, product revenue and all gross-to-net accruals, and the revenue planning for the Commercial organization. They will work with stakeholders across Commercial Operations, Accounting, Market Access, Financial Planning & Analysis, Legal and Supply Chain on a variety of initiatives.

Responsibilities

  • Manage the day-to-day Third-Party logistics (3PL) relationship with full oversight of the Order-to-Cash process ensuring all financial transactions are posted on an accurate and timely basis
  • Review and analyze journal entries posted for product revenue and gross to-to-net accruals
  • Calculate and provide analysis for all product revenue and all gross-to-net accruals, including government rebate programs, returns reserves, POS, Chargebacks, Distribution Fees and other adjustments to revenue
  • Collaborate with Commercial Operations and Market Access to develop and update assumptions for sales, payer and gross-to-net forecasts
  • Support the revenue planning for the Commercial organization (Annual Budget, Forecasts, and Long-Range Plans)
  • Monitor and calculate the State Reporting & Opioid Fee requirements to remain compliant with regulations, support all reporting necessary for company's collaboration, and interact directly with external auditors for reviews and audits
  • Provide Financial data to Government Pricing Vendor for the following government-mandated calculations: Medicaid Average Manufacturer's Price (AMP) and Best Price (BP); Medicare ASP; Quarterly Non-Federal Average Manufacturer's Price (NonFAMP); Annual Federal Ceiling Price (FCP); Quarterly Industrial Funding Fee (IFF), as well as reporting of sales, to the Veterans Affairs (VA)
  • Uphold and consistently demonstrate Collegium’s Core Values
  • Be accountable for team goals
  • Communicate to influence using facts and logical approaches
  • Modify approaches to continuously improve and solve routine problems
  • Continue to deepen technical skills in own area, significant independence

Qualifications

  • Bachelor’s degree in Business field required
  • 6-8 years of related experience in commercial pharmaceutical industry required
  • Strong collaborative, interpersonal and leadership skills
  • Ability to manage multiple priorities and work with cross-functional team members
  • Strong communication, organizational and analytical skills; ability to balance strategic thinking with bottoms-up detailed analysis
  • Proficiency with Microsoft Office (Excel, Outlook, PowerPoint, Word) required

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