Division Overview

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Aurobindo Pharma USA, Inc. is a generic pharmaceutical manufacturer and distributor and is a wholly owned subsidiary of Aurobindo Pharma Limited, a leading generic pharmaceutical company based in India. Headquartered in HITEC City, Hyderabad, India, founded in 1986 and becoming a public company in India in 1992.

Aurobindo Pharma USA, Inc. is committed to delivering a broad portfolio of quality, affordable generic pharmaceuticals to pharmacists and patients. Aurobindo Pharma USA, Inc. adds value through superior customer service in the distribution of a broad line of generic pharmaceuticals, leveraging vertical integration and efficient controlled processes. Aurobindo has business operations in more than 125 countries around the world. Aurobindo is a global pharmaceutical company with a broad portfolio of generic drugs that includes more than 180 product families and 800+ individual product packages.

Aurobindo markets over 80% of the top 100 most prescribed products in the world. In past years, Aurobindo has received more ANDA approvals than any of our competitors. Aurobindo is now ranked 2nd among pharmaceutical companies based on Total Prescriptions Dispensed.

Job Overview

The Finance Manager, Revenue Reporting role is a specialized pharmaceutical finance position focused on reporting gross sales and net revenue by forecasting, analyzing, and accounting for all commercial and government rebates and deductions.

Responsibilities

GTN Forecasting & Revenue Management

Manage end-to-end GTN forecasting processes for generic pharmaceutical portfolios, and analyze gross sales to determine accurate net sales projections
Build accrual models for Chargebacks, Medicaid, rebates, and Wholesaler fees, Returns reserve, and Distribution service agreements, Price protection
Transactional Validation skills to mitigate revenue leakage and customer deduction management, and soft skills on dispute resolutions with customers.
Skilled in analyzing customer agreements to mitigate revenue leakages and duplicate promotional discounts.
Identifying process gaps and implementing internal controls, assessing current workflows, finding points of failure, and installing safeguards. Ensuring operational efficiency, mitigating risks, and preventing fraud

Financial Close & Reporting

Lead month-end and quarter-end revenue close activities
Prepare journal entries, reconciliations, and reserve analysis
Perform actual vs forecast variance analysis
Support external/internal audit requirements and SOX controls
CMO Products, Royalty calculations
Ensure compliance with IND AS and US GAAP revenue recognition standards
Evaluate financial impact of pricing strategies and contract changes
Hands-on experience in monitoring and reviewing offshore team activities
Monitoring customer deductions and ensuring the timely remittance from customers' OS Invoices

Analytics & Systems

Develop GTN dashboards and KPI reporting
Improve automation and forecasting accuracy
Working exposure in ERP, Excel, Power BI, and GTN-related third-party platforms, preferably iContracts.
Drive Automation in area assigned
Work with respective stakeholders internal and external to close open issues

Qualifications - Skills & Requirements

Experienced Finance Manager with expertise in US Generics Gross-to-Net (GTN) revenue accounting, forecasting, accrual management, and net sales reporting within the pharmaceutical industry.
Strong background in managing complex GTN deductions, including chargebacks, rebates, Medicaid, admin fees, returns, and price protection programs.
Skilled in variance analysis and cross-functional business partnering with Pricing, Contracts, Market Access, Commercial, and Government Pricing teams
Strong PC skills including Microsoft Word, Excel, PowerPoint.
Ability to develop high levels of credibility and forge solid and positive professional relationships with peers and upper management
Outstanding Excel and data analytics skills
Self-reliant, problem solver with a natural bias towards continuous operational improvement
Strong financial, analytical, and technical accounting skills with the ability to provide effective financial analysis and insight of implications of operational trends.

Education & Experience

Degree in Finance or Accounting (Finance Graduate, MBA, CMA, or CPA)
3+ years of direct experience in Revenue reporting role for a large/mid sized Pharmaceutical company

The annual base salary range for this position is $60,000.00 to $90,000.00 depending on factors such as experience level, knowledge, skills, and abilities. Final compensation decisions will consider these and other relevant business needs.

Medical and Rx Benefits choice of four medical plans through Horizon. Rx automatically provided with medical benefits
Dental Benefits with three dental plan options through CIGNA
Vision Plan with two plan options through VSP
Life Insurance, Basic Life and AD&D and Supplemental Life Insurance
Disability Insurance, Voluntary Short-Term Disability and State Disability
Long-Term Disability (LTD), State (short term) disability – where applicable
FSA (Flexible Spending Accounts) – Both Health Care & Dependent Care Available
HSA (Health Savings Account)
401(k) Plan - Through Fidelity / Employer Match / fully vested after 3 years
Employee Assistance Program (EAP) - 100% Confidential and 100% company paid
Critical Illness and Accidental Insurance
Legal and Identity Theft Insurance
Paid Time Off - Paid vacation, PTO, Holiday

Notice to Recruitment Agencies:
Please note that we are not accepting unsolicited resumes or proposals from recruitment firms or agencies for this position. Thank you for your understanding.

Compensation
Min

USD $60,000.00/Yr.
Max

USD $90,000.00/Yr.
Physical Requirements

OFFICE POSITION - While performing the duties of this job the employee is required to: • Stand, sit; talk, hear, and use hands and fingers to operate a computer and telephone keyboard reach, stoop kneel to install computer equipment • Specific vision abilities required by this job include close vision requirements due to computer work • Light to moderate lifting is required • Moderate noise (i.e. business office with computers, phone, and printers, light traffic). • Ability to sit at a computer terminal for an extended period of time Sedentary work Exerting up to 10 pounds of force occasionally and/or negligible amount of force frequently or constantly to lift, carry, push, pull or otherwise move objects, including the human body. Sedentary work involves sitting most of the time. Jobs are sedentary if walking and standing are required only occasionally and all other sedentary criteria are met.
Additional Physical Requirements

No Additional Requirements

Blood/Fluid Exposure Risk

Category III: Tasks involve no exposure to blood, body fluids or tissues. Category I tasks are not a condition of employment.

Aurobindo Pharma USA, Inc.

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