Senior Manager, Revenue and Gross-to-Net Accounting

Department:

Location:

Be a part of a global team that is inspired to make a difference in the lives of people living with rare disease.

At Travere Therapeutics, we recognize that our exceptional employees are vital to our success. We are a dedicated team focused on meeting the unique needs of rare patients. Our work is rewarding – both professionally and personally – because we are making a difference. We are passionate about what we do.

We are seeking talented individuals who will thrive in our collaborative, diverse, fast-paced environment and share in our mission – to identify, develop and deliver life-changing therapies to people living with rare disease. We stick by our values centered on patients, courage, community, and collaboration to pursue our vision of becoming a leading biopharmaceutical company dedicated to the delivery of innovation and hope to patients in the global rare disease community.

At Travere Therapeutics, we are in rare for life. We continue to courageously forge new paths as we move toward a common goal of elevating science and service for rare patients.

Position Summary:

At Travere Therapeutics, we are committed to identifying, developing, and delivering life-changing therapies for people living with rare diseases.

The Senior Manager, Revenue and Gross-to-Net Accounting, will play a key role in supporting the company’s revenue accounting operations and gross-to-net processes. This position is responsible for ensuring accurate financial reporting, supporting compliance with ASC 606 and SOX requirements, and driving process improvements across revenue-related activities. The role partners cross-functionally with Finance, Forecasting, Patient Access, and external stakeholders to support scalable processes in a dynamic commercial environment.

The position reports to the Director, Revenue and Gross-to-Net Accounting.

Responsibilities:

• Drive monthly end-to-end revenue and gross-to-net accounting processes, ensuring accurate and timely revenue recognition in accordance with ASC 606.
• Perform monthly revenue accounting, including the calculation and analysis of gross-to-net adjustments.
• Support the month-end close process through the preparation of revenue, accounts receivable, and accrued expense journal entries and account reconciliations.
• Review revenue-related contracts, evaluate accounting implications, and prepare technical accounting memoranda.
• Participate cross-functionally with FP&A, Forecasting, Patient Access and Commercial teams to support gross-to-net forecasting assumptions and analytics.
• Analyze gross-to-net trends and drivers to provide insights supporting business and financial decision-making.
• Research and stay current on Medicaid and Medicare program changes impacting manufacturer rebates and gross-to-net accounting.
• Lead compliance activities related to revenue and gross-to-net accounting, including ownership of SOX controls, audit support, and process documentation.
• Participate in initiatives to improve scalability, automation, and operational efficiency across revenue accounting processes.
• Support commercialization initiatives, including new product launches, payer contracting considerations, and evolving distribution channel strategies.
• Drive process improvements by enhancing utilization of ERP functionality, streamlined reconciliations, and implementation of automation tools.
• Support financial reporting activities and assist with cross-functional reporting needs as required.

Education/Experience Requirements: 

·       Bachelor’s degree in accounting or finance required.

·       CPA certification required.

·       7+ years of accounting experience, including exposure to ASC 606 revenue recognition requirements.

·       Public accounting experience preferred; Big 4 experience strongly preferred.

·       Experience in biotech or pharmaceutical industry with understanding of pharmaceutical commercial revenue recognition under ASC 606.

Additional Skills/Experience/Requirements: 

• Embody Travere’s core values: Courage, Community Spirit, Patient Focus, and Teamwork.
• Strong analytical mindset with excellent problem-solving capabilities and attention to detail.
• Ability to balance detailed execution with strategic thinking and business partnership.
• Self-starter with the ability to work independently, exercise sound judgment, and take initiative in a fast-paced environment.
• Strong knowledge of US GAAP and familiarity with monthly close processes and quarterly financial reporting.
• Advanced Excel skills, including pivot tables, lookups, data analysis.  Power BI and Alteryx skills a plus.
• Experience with ERP systems; NetSuite experience preferred.
• Highly organized with the ability to prioritize, multitask, and adapt to shifting business needs.
• Excellent communication, collaboration, and interpersonal skills.
• Ability to collaborate effectively across cross-functional teams in a remote or hybrid environment, with occasional travel to the San Diego office as business needs require.

Travere is an EEO/AA/Veteran/Disability Employer

Total Rewards Offerings:
Travere provides comprehensive total rewards offerings that demonstrate our commitment as a diverse, equitable, people-centric, and pay-for-performance organization.    

Benefits: Our benefits include premium health, financial, work-life and well-being offerings for eligible employees and dependents, wellness and employee support programs, life insurance, disability, retirement plans with employer match and generous paid time off.

Compensation: Our competitive compensation package includes a combination of both cash compensation (base pay and short-term incentive) and long-term incentive compensation (company stock), designed to recognize, retain, and reward employees.

Target Base Pay Range:

*This information is current as of the date of this posting and may be modified in the future. Actual pay offered to a candidate will depend on a variety of factors including the candidate’s experience, education, skills, and location. 

Travere will accept applications on an ongoing basis until a candidate is selected for the position.

Travere Therapeutics, Inc. is an EEO/AA/Veteran/Disability Employer.

If you require a reasonable accommodation to complete the application or interview process, please contact us by sending an email to [email protected]. Please note that this email address is to be used exclusively to request an accommodation with the online application, interview or hiring process only. Travere HR will not reply to emails sent to this address for any other reason.