Job Description
Key Responsibilities
- Perform revenue recognition evaluations under ASC 606 for new product launches, new contracts, and reimbursement agreements
- Review new agreements and complex gross-to-net matters and help ensure technical accounting conclusions are applied consistently and appropriately by local accounting teams
- Document accounting policies related to revenue and gross-to-net matters in collaboration with International and North America revenue accounting teams, as needed
- Partner with cross-functional teams that review and support the contract drafting process
- Work closely with global accounting, finance, and commercial organizations to support internal and external financial revenue reporting requirements
- Partner with the SEC Reporting team to prepare revenue-related disclosures for SEC filings
- Support quarterly and annual reviews and audits through preparation of revenue recognition memos, audit schedules, and other auditor requests
Minimum Qualifications
- Bachelor’s degree in Accounting or Finance
- Typically requires 7 years of progressive accounting experience in pharmaceutical or life science revenue accounting or a technical accounting role, or the equivalent combination of education and experience
- Public accounting experience required
Preferred Qualifications
- CPA preferred
- Knowledge of US GAAP revenue accounting guidance, including ASC 606
- Experience researching revenue accounting and complex gross-to-net accounting matters
- Experience preparing accounting documentation, memos, and revenue-related disclosures
- Proficiency in Microsoft Office applications, including Excel, Word, and PowerPoint
- Strong written communication and memo drafting skills
- Strong communication and organizational skills
- Ability to collaborate across and within different levels of the organization
- Ability to effectively present complex accounting analyses to senior management
#LI-AA1
Pay Range:
$128,900 - $193,300Disclosure Statement:
The range provided is based on what we believe is a reasonable estimate for the base salary pay range for this job at the time of posting. This role is eligible for an annual bonus and annual equity awards. Some roles may also be eligible for overtime pay, in accordance with federal and state requirements. Actual base salary pay will be based on a number of factors, including skills, competencies, experience, and other job-related factors permitted by law.
At Vertex, our Total Rewards offerings also include inclusive market-leading benefits to meet our employees wherever they are in their career, financial, family and wellbeing journey while providing flexibility and resources to support their growth and aspirations. From medical, dental and vision benefits to generous paid time off (including a week-long company shutdown in the Summer and the Winter), educational assistance programs including student loan repayment, a generous commuting subsidy, matching charitable donations, 401(k) and so much more.
Flex Designation:
Hybrid-Eligible Or On-Site EligibleFlex Eligibility Status:
In this Hybrid-Eligible role, you can choose to be designated as:
1. Hybrid: work remotely up to two days per week; or select
2. On-Site: work five days per week on-site with ad hoc flexibility.
Note: The Flex status for this position is subject to Vertex’s Policy on Flex @ Vertex Program and may be changed at any time.
#LI-Hybrid
Company Information
Vertex is a global biotechnology company that invests in scientific innovation.
Vertex is committed to equal employment opportunity and non-discrimination for all employees and qualified applicants without regard to a person's race, color, sex, gender identity or expression, age, religion, national origin, ancestry, ethnicity, disability, veteran status, genetic information, sexual orientation, marital status, or any characteristic protected under applicable law. Vertex is an E-Verify Employer in the United States. Vertex will make reasonable accommodations for qualified individuals with known disabilities, in accordance with applicable law.
Any applicant requiring an accommodation in connection with the hiring process and/or to perform the essential functions of the position for which the applicant has applied should make a request to the recruiter or hiring manager, or contact Talent Acquisition at [email protected]
Skills Required
- Bachelor's degree in Accounting or Finance
- Typically 7 years of progressive accounting experience in pharmaceutical or life science revenue accounting, technical accounting, or equivalent education and experience
- Public accounting experience
- CPA certification
- Knowledge of US GAAP revenue accounting guidance, including ASC 606
- Experience researching revenue accounting and complex gross-to-net accounting matters
- Experience preparing accounting documentation, memos, and revenue-related disclosures
- Proficiency in Microsoft Office applications, including Excel, Word, and PowerPoint
- Strong written communication and memo drafting skills
- Strong communication and organizational skills
- Ability to collaborate across and within different organizational levels
- Ability to present complex accounting analyses effectively to senior management
Vertex Pharmaceuticals Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Vertex Pharmaceuticals and has not been reviewed or approved by Vertex Pharmaceuticals.
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Parental & Family Support — Policies provide 12 weeks of 100% paid bonding leave for all U.S. parents with additional fully paid time for birth parents. Family-forming supports include adoption and surrogacy assistance, fertility options like IVF and egg cryopreservation, breast‑milk shipping, subsidized childcare, backup care, and a DCFSA match.
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Leave & Time Off Breadth — Time off includes roughly four weeks of vacation, 13 holidays, sick time, and two companywide shutdowns (summer and year‑end). Some roles also include flexible or unlimited time off and paid volunteer time.
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Retirement Support — Programs include a 401(k) plan with employer contributions and an employee stock purchase plan. Filings describe employer contributions occurring in company stock, supporting long‑term ownership.
Vertex Pharmaceuticals Insights
What We Do
Vertex is a global biotechnology company that invests in scientific innovation to create transformative medicines for people with serious and life-threatening diseases. We discovered and developed the first medicines to treat the underlying cause of cystic fibrosis (CF), a rare, life-threatening genetic disease. In addition to clinical development programs in CF, Vertex has more than a dozen ongoing research programs focused on the underlying mechanisms of other serious diseases. Founded in 1989 in Cambridge, Massachusetts, our corporate headquarters is now located in Boston’s Innovation District, and our international headquarters is in London, United Kingdom. We currently employ approximately 3,500 people in the United States, Europe, Canada, Australia and Latin America with nearly two-thirds of our staff dedicated to research and development. Vertex is consistently recognized as one of the industry’s top places to work by Science Magazine, The Boston Globe, Boston Business Journal and the San Diego Business Journal. Our research and medicines have also received esteemed recognitions, including the Robert J. Beall Therapeutics Development Award, the French Prix Galien and the British Pharmacological Society awards.
