Director of Revenue Accounting

Company Description

At EVERSANA, we are proud to be certified as a Great Place to Work across the globe. We’re fueled by our vision to create a healthier world. How? Our global team of more than 7,000 employees is committed to creating and delivering next-generation commercialization services to the life sciences industry. We are grounded in our cultural beliefs and serve more than 650 clients ranging from innovative biotech start-ups to established pharmaceutical companies. Our products, services and solutions help bring innovative therapies to market and support the patients who depend on them. Our jobs, skills and talents are unique, but together we make an impact every day. Join us!

Across our growing organization, we embrace diversity in backgrounds and experiences. Improving patient lives around the world is a priority, and we need people from all backgrounds and swaths of life to help build the future of the healthcare and the life sciences industry. We believe our people make all the difference in cultivating an inclusive culture that embraces our cultural beliefs.  We are deliberate and self-reflective about the kind of team and culture we are building. We look for team members that are not only strong in their own aptitudes but also who care deeply about EVERSANA, our people, clients and most importantly, the patients we serve. We are EVERSANA.  

Job Description

THE POSITION:

The Director of Revenue Accounting is responsible to oversee the financial accuracy and operations efficiency for the agency business, specifically in the areas of revenue recognition, project accounting and profitability. The Director should also be seen as a leader to all levels of the finance department personnel and cross-functional teams and should lead by example.

ESSENTIAL DUTIES AND RESPONSIBILITIES
Our employees are tasked with delivering excellent business results through the efforts of their teams.  These results are achieved by:

• Manage the monthly, quarterly, and annual revenue close processes, ensuring timely, accurate recognition of revenue in accordance with applicable accounting standards.
• Develop and implement procedures to assess and recognize revenue in accordance with ASC 606 for complex contracts, multi-element arrangements, and performance obligations, ensuring consistency and accuracy across affiliates.
• Demonstrate strong knowledge of project accounting, accounting for Time and Materials and Fixed Fee contracts.
• Unbilled and Deferred Revenue (contract assets and contract liabilities) Management:

· Manage and oversee the entire lifecycle of unbilled and deferred revenue, including accurate classification, recognition, and reconciliation in the general ledger.

· Develop and implement policies to monitor and assess unbilled and deferred revenue balance sheet balances, ensuring compliance with accounting standards and company policies.

• Cost of Revenue Accounting & Analysis:

· Oversee the accounting and analysis of cost of revenue, ensuring costs are accurately captured and aligned with revenue recognition.

· Work closely with time management system to ensure time tracking is properly tracked and coordinating with cross-functional teams to identify, allocate, and report on costs associated with each project.

• Partner with Account Management and Project Management teams to optimize invoicing procedures, ensuring timely and accurate billing of revenue accruals in accordance with SOWs, ensuring proper alignment with actual performance and consistent application of revenue recognition policies.
• Delegate responsibilities to and supervise the work of project accounting work of direct reports and other areas as assigned providing guidance and motivation to drive maximum performance.
• Elevate complex accounting issues as necessary to accounting leadership for resolution.
• Play key role in reviewing, improving and optimizing legacy processes and align with overall EVERSANA policies.
• Drive efforts to establish and ensure documentation of internal work policies and procedures are in place.
• Communicate and maintain trusted relationships with shareholders and business partners.
• Drive continuous improvements initiatives by reducing manual work and ensure full utilization and adoption of all current systems abilities while continuing to enhance and automate where possible.
• Analyze and interpret financial data and present the information with reports and presentations to senior finance members and business partners.
• Manage, develop, and retain staff within the finance department, training any new employees as necessary.
• Demonstrate a commitment to diversity, equity, and inclusion through continuous development, modeling inclusive behaviors, and proactively managing bias.
• All other duties as assigned.

Consistent with the Americans with Disabilities Act (ADA) and applicable state and local laws, it is the policy of EVERSANA to provide reasonable accommodation when requested by an employee with a disability, unless such accommodation would cause an undue hardship for EVERSANA. If reasonable accommodation is needed to perform the essential functions of your job position, please contact Human Resources.

PEOPLE LEADER

People leaders must possess both the skills to effectively accomplish these tasks and the emotional intelligence to do so in alignment with our cultural values.  In addition to the critical management and leadership tasks listed above, this role also includes the following unique responsibilities:

• Responsible for and oversee their respective staff and the accuracy of their work.
• Drive for change where needed within their respective group and department.
• Mentor other staff in the group or department and lead by example.
• Interview, select and supervise the activities of the department staff; communicate interpret and discuss with team the company policies and procedures.
• Determine job objectives, work methods and performance standards; review performance relative to departmental objectives discussion appraisal with each employee and performance; authorize and communicate salary changes, promotions, transfers, discipline, and discharge and administer all other personnel actions.

EXPECTATIONS OF THE JOB:

• Travel – 5 - 10 days a year.
• Hours – 40 Hours per week, 5 days of the week.

The above list reflects the general details necessary to describe the expectations of the position and shall not be construed as the only expectations that may be assigned for the position.

An individual in this position must be able to successfully perform the expectations listed above.

Qualifications

MINIMUM KNOWLEDGE, SKILLS AND ABILITIES:

The requirements listed below are representative of the experience, education, knowledge, skill and/or abilities required.

• Education – Accounting or Finance Bachelor’s Degree.
• Experience and/or Training - Minimum of 7 – 10 years of experience in a similar role. Ability to manage monthly revenue recognition process, and drive staff to meet all monthly deliverable deadlines.  Strong demonstration of ability to understand and interpret customer contracts for revenue recognition concepts and billing requirements.  Must thrive in a team player environment. Direct and lead company-wide initiatives.
• Technology/Equipment - Proficient in excel, word, outlook. Hands on knowledge of accounting software.

PREFERRED QUALIFICATIONS:

• Experience and/or Training - Proven experience as Senior Manager or other managerial position. Strong understanding of project accounting, corporate finance, and measures of performance. Excellent organizational and leadership skills. Excellent communication, interpersonal and presentation skills. Outstanding analytical and problem-solving abilities. Proficiency in Microsoft Suite and other business software. Extremely knowledgeable in GAAP, ASC 606, financial forecasting, accounting principles, and financial data analysis.

• Licenses/Certificates – CPA License.
• Technology/Equipment – Prior experience with Microsoft Dynamics 365 F&O.

PHYSICAL/MENTAL DEMANDS AND WORKING ENVIRONMENT:

The physical and mental requirements along with the work environment characteristics described here are representative of those an individual encounters while performing the essential functions of this position.

Office: While performing the essential functions of this job the employee is frequently required to reach, grasp, stand and/or sit for long periods of time (up to 90% of the shift), walk, talk and hear; occasionally required to lift and/or move up to 25 pounds. The noise level in the work environment is usually moderately quiet, with frequent interruptions and multiple demands.

Additional Information

OUR CULTURAL BELIEFS:

Patient Minded I act with the patient’s best interest in mind.

Client Delight I own every client experience and its impact on results.

Take Action I am empowered and empower others to act now.

Grow Talent I own my development and invest in the development of others. 

Win Together I passionately connect with anyone, anywhere, anytime to achieve results.

Communication Matters I speak up to create transparent, thoughtful and timely dialogue.

Embrace Diversity I create an environment of awareness and respect.

Always Innovate I am bold and creative in everything I do.

EVERSANA is committed to providing competitive salaries and benefits for all employees. The anticipated base salary range for this position is $123,00 - $166,500 and is not applicable to locations outside of the U.S.  The base salary range represents the low and high end of the salary range for this position.  Compensation will be determined based on relevant experience, other job-related qualifications/skills, and geographic location (to account for comparative cost of living).  EVERSANA reserves the right to modify this base salary range at any time.

Our team is aware of recent fraudulent job offers in the market, misrepresenting EVERSANA. Recruitment fraud is a sophisticated scam commonly perpetrated through online services using fake websites, unsolicited e-mails, or even text messages claiming to be a legitimate company. Some of these scams request personal information and even payment for training or job application fees. Please know EVERSANA would never require personal information nor payment of any kind during the employment process. We respect the personal rights of all candidates looking to explore careers at EVERSANA.

From EVERSANA’s inception, Diversity, Equity & Inclusion have always been key to our success. We are an Equal Opportunity Employer, and our employees are people with different strengths, experiences, and backgrounds who share a passion for improving the lives of patients and leading innovation within the healthcare industry. Diversity not only includes race and gender identity, but also age, disability status, veteran status, sexual orientation, religion, and many other parts of one’s identity. All of our employees’ points of view are key to our success, and inclusion is everyone's responsibility.

Consistent with the Americans with Disabilities Act (ADA) and applicable state and local laws, it is the policy of EVERSANA to provide reasonable accommodation when requested by a qualified applicant or candidate with a disability, unless such accommodation would cause an undue hardship for EVERSANA. The policy regarding requests for reasonable accommodations applies to all aspects of the hiring process. If reasonable accommodation is needed to participate in the interview and hiring process, please contact us at [email protected].

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