Thea Pharma Inc.
Location
Waltham, MA | United States
Job description
Thea Pharma, Inc. is the newly established US affiliate of Laboratories Théa, a global pharmaceutical company with headquarters in Clermont-Ferrand, France. The company has focused on the development and commercialization of OTC and prescription therapeutics for the treatment of eye diseases for over 28 years. Théa is advancing development for OTC and prescription ophthalmic products and has launched its lead product for the treatment of glaucoma in the US in 2023.
Théa Pharma presents an excellent opportunity for professionals looking to grow with a visionary organization, combining its parent company's expertise and Global success with a strong commitment to the U.S. market. The company is now seeking a dynamic Revenue Manager, ideally with experience in a Life Sciences start-up subsidiary. The role involves partnering closely with the U.S. team and supporting the Corporate Headquarters' financial needs, under the supervision of the U.S. Associate Director, Revenue.
This role is ideal for a candidate who has a strong background in revenue accounting and managing the general ledger, a deep understanding of ASC 606 regulations, and experience with financial systems like PowerBI and Oracle NetSuite. The successful candidate will leverage their expertise in financial analysis, data integrity, compliance, and cross-functional collaboration to drive financial excellence.
KEY RESPONSIBILITIES
Revenue Management and Monthly Close Support:
Oversee and ensure monthly monitoring of approved deductions, and swiftly address and resolve any unauthorized deductions to maintain financial accuracy.
Manage all aspects of revenue recognition and gross-to-net reserves including working closely with external consultants and the 3PL.
Play a key role in the monthly close and complete all Order-to-Cash journal entries and Balance Sheet reconciliation.
Partner with FP&A to provide revenue inputs and assumptions used in annual budget, forecasts, and long-term plan.
Own inventory and royalties accounts analysis and journal entries.
Accounting, Compliance, and Audit Support:
Maintain SOX controls and ensure compliance with international statutory reporting requirements.
Manage subsidiary financial reporting and reconciliation processes.
Serve as the primary contact for financial audits, coordinating with external auditors.
Implement and uphold internal controls for financial operations.
Lead financial system transformations and UAT testing.
Financial Analysis, Forecasting, and Reporting:
Utilize expertise in Oracle NetSuite for financial system integrity and refine forecasting modules modules in Excel for installation into NetSuite Planning and Budgeting.
Analyze financial data for accurate forecasting and strategic planning.
Prepare detailed financial reports and conduct budget to actual analysis for spending control.
Support divestiture financial close processes and provide accounting training to teams.
Functional Leadership and Collaboration:
Lead initiatives to optimize financial processes and support company objectives.
Collaborate across multiple teams for successful implementation of financial projects.
Serve as a liaison with headquarters, ensuring alignment of financial strategies.
Manage ad hoc projects and analyses as required.
Data Analysis:
Merge and ensure data integrity of third-party feeds into PowerBI
Develop and maintain advanced data models for revenue tracking and reporting.
Conduct data quality audits and reconcile data discrepancies.
Maintenance and optimize insightful PowerBI reports and dashboards for decision-making support.
PREFERRED SKILLS AND ABILITIES
The ability to work in a culturally diverse environment with the ability effetely communicating with colleges from other countries
Positive work ethic, superb communication and organizational skills, high attention to detail, and unquestionable integrity and personal ethics.
Firm understanding of SOX compliance and extensive knowledge of U.S. GAAP with the ability and ingenuity to adapt financials to view in French GAAP.
EDUCATION AND EXPERIENCE
Master of Science in Accountancy and CPA, preferred
A minimum of 5 years of experience in accounting, pharmaceutical industry experience preferred
Regulatory, Compliance, and Audited ERP system experience
Startup dynamic and fast-paced environment experience.
International and complex matrixed organization experience
Travel Expectations:
Domestic and International travel may be required (5-10%).
OTHER DUTIES
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change over time with or without notice.
EEO STATEMENT
Thea Pharma Inc. is proud to be an Equal Employment Opportunity employer. At Thea, we not only support the diversity of our employee population, we celebrate the way our team member’s unique backgrounds and experiences contribute to the success of our company. Thea does not discriminate on the basis of race, religion, color, national origin, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics. Thea Pharma Inc. does not tolerate harassment or discrimination of any kind.
BENEFITS AND PERKS
Thea offers a full suite of employee benefits, including employer-paid health insurance, a generous schedule of paid time off (PTO), Life and Disability insurance, and a 401K retirement program. Thea is a flexible and entrepreneurial work environment where you will enjoy an inclusive culture and the opportunity to have your voice and ideas directly shape the future of the company.
ADDITIONAL INFORMATION
Your information will be kept confidential according to EEO Guidelines.
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