Amneal Pharmaceuticals

Senior Alliance Accounting Manager

Amneal Pharmaceuticals  •  $150k - $170k/yr  •  Bridgewater, NJ (Onsite)  •  5 days ago
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Job Description

The Senior Alliance Accounting Manager is responsible for leading the finance operations, reporting, billing support, contract compliance monitoring, and close support for global alliance arrangements. This responsibility includes royalty income, royalty expense, R&D service revenue, milestone income and expense, contingent consideration from acquisitions, intercompany activity for alliance agreements, partner reporting, contract term compliance, and related alliance financial processes.This position works cross-functionally with business development, FP&A, legal, R&D, regulatory affairs, commercial, tax, treasury, technical accounting, revenue accounting, general accounting and international finance teams. The role provides financial and operational support for monthly closes, audits, forecasting, partner reporting, contract compliance, and management reporting processes.


Essential Functions:

  • Books global royalty income from alliance agreements, prepares global royalty statements and supporting calculations.
  • Monitors billing status and collections and provides status to business development.
  • Maintains global royalty income trackers and provides timely reporting to business partners and the finance leadership team.
  • Coordinates global booking of royalty expense.
  • Prepares and issues global royalty statements, supports payment coordination, maintains documentation, and resolves global royalty reporting questions or discrepancies.
  • Maintains global royalty expense trackers and provides timely reporting to business partners and the finance leadership team.
  • With the assistance of valuation specialists, updates and books the quarterly valuation and tracking of contingent consideration from acquisitions.
  • Monitors global finance-related contract term compliance and accounting for global alliance agreements, including reporting deadlines, payment terms, royalty provisions, milestone provisions, profit-share mechanics, audit rights, reimbursement requirements, and other contractual obligations.
  • Escalates issues to the finance leadership team and legal.
  • Coordinates R&D service revenue billings and bookings and milestone income and expense.
  • Works with R&D, regulatory affairs, FP&A and business development to confirm milestone achievement, invoice timing, billing support, expense support, and partner communications.
  • Coordinates intercompany transactions for international alliance agreements, including cross-border billings, allocations, settlements, supporting schedules, foreign currency considerations, and alignment with the international finance teams, tax and treasury.
  • Prepares robust SOX documentation for all processes directly impacting the general ledger.
  • Handles ad hoc requests, such as financial modelling for business development opportunities, from Finance leadership.

Education:

  • Bachelors Degree (BA/BS) Accounting, Finance & Economics - Required
  • Master Degree (MBA) - Preferred

Experience:

  • 8 years or more in Progressive pharmaceutical, biotechnology or life sciences experience in alliance finance, FP&A, revenue operations, business development finance, or finance roles supporting complex contracts. SOX experience in a public company environment.

Specialized Knowledge:

  • Experience with alliance agreements, license agreements, royalty arrangements, milestone arrangements, R&D service arrangements, contingent consideration, intercompany transactions, international agreements, partner reporting, deferred revenue support, related-party transactions, and audit-ready finance documentation.
  • Working knowledge of revenue-related business processes and information needed to support Accounting Operations, Technical Accounting, FP&A, Treasury, Tax, and external audit requirements.
  • Royalty income and royalty expense tracking, booking support, statement preparation, and partner reporting
  • R&D service revenue, milestone income, milestone expense, and partner billing coordination
  • Contract interpretation and monitoring of finance-related contract compliance
  • Contingent consideration valuation support, including coordination of assumptions, forecasts, and documentation
  • Intercompany transaction coordination, including international alliance arrangements and cross-border finance processes
  • Financial modeling, forecasting, budgeting, variance analysis, and management reporting
  • Cross-functional business partnering with Accounting, Technical Accounting, FP&A, Legal, Business Development, Alliance Management, R&D, Regulatory, Treasury, Tax, and international finance teams
  • Close, audit support, documentation, and controllership mindset
  • Excel, ERP, planning, reporting, and contract management tools
  • Written and verbal communication with finance and non-finance stakeholders

The base salary for this position ranges from $150,000 to $170,000 per year. In addition, Amneal offers a short-term incentive opportunity, such as a bonus or performance-based award, with this position within the first 12 months. Amneal ranges reflect the Company’s good faith estimate of what Amneal reasonably believes that it will pay for said position at the time of the posting. Individual compensation will ultimately be determined based on a variety of relevant factors, including but not limited to, qualifications, experience, geographic location and other relevant skills.

At the heart of our Total Rewards commitment is a comprehensive, flexible and competitive benefits program for eligible positions that enables you to choose the plans and coverage that meet your personal needs. This includes above-market, diverse and robust health and insurance benefits to meet the varied needs of our employees as well as a significant 401(k) matching contribution to help our employees save for retirement. We also promote employee well-being with programs that help you enjoy your career alongside life’s many other commitments and opportunities.

Amneal Pharmaceuticals

About Amneal Pharmaceuticals

Amneal (NASDAQ: AMRX) is rapidly becoming one of the most dynamic, purpose-driven pharmaceutical companies delivering more affordable access to essential medicines. Our family delivers for yours through a robust U.S. generics business, a growing branded business and deepening portfolios in injectables, biosimilars and select international markets. We’ve bolstered our world-class scientific rigor, production capabilities and commercial infrastructure. And we invest substantially in our people through leadership development and employee well-being programs – all so we can deliver even more value. We are Amneal and We make healthy possible.

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Amneal has the right to remove comments that violate another’s copyright or intellectual property, mention an Amneal product, use profanity or are defamatory, promote and solicit for third-party sites, initiatives, or products, or are factually inaccurate or misleading or spam.

Amneal recommends that you consult with your healthcare provider regarding personal health matters. To report a product complaint or adverse event related to an Amneal product, contact Drug Safety at 877-835-5472, option 3 or drugsafety@amneal.com. If you are currently experiencing a life-threatening event, please immediately contact 911.

Industry
Chemicals & Materials
Company Size
5,001-10,000 employees
Headquarters
Bridgewater, New Jersey
Year Founded
2002
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