Collegium Pharmaceutical

Senior Manager of Commercial Finance

Job Locations US-MA-Stoughton
Posted Date 3 months ago(7/13/2022 6:10 PM)
ID
2022-1514
# of Openings
1
Category
Accounting/Finance

Overview

At Collegium Pharmaceutical, we are building a leading, diversified specialty pharmaceutical company committed to improving the lives of people living with serious medical conditions. We have a portfolio of meaningfully differentiated medications to treat serious medical conditions, including moderate-to-severe pain and acute migraine.

 

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.

 

Persons applying for employment with Collegium Pharmaceutical on and after August 1, 2021, who are offered a position are expected to be able to provide proof of vaccination against COVID-19 prior to their start date as permitted under state law, unless they seek and are approved for an exemption by Collegium as a reasonable accommodation based on bona fide religious or medical grounds.

 

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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