Ultragenyx

Senior Revenue Accountant

Posted Yesterday

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Novato, CA, USA

In-Office

100K-124K Annually

Senior level

Biotech

The Role

Responsible for revenue accounting under ASC-606, including journal entries, reconciliations, gross-to-net accruals, reserve analyses, revenue recognition for product and collaborations, month-end close support, internal controls, automation opportunities, and external audit support.

Summary Generated by Built In

Why Join Us?

Be a hero for our rare disease patients

At Ultragenyx, we fundamentally believe that taking real impactful action to care for the needs of patients and our people is always the right thing to do. To achieve this goal, our vision is to lead the future of rare disease medicine. For us, this means going where other biopharma companies won’t go – challenging the status quo and creating a new model that advances our field so more patients and caregivers can benefit from life-changing treatments. We do this by following the science, applying a novel rapid development approach, making innovative medicines at fair and reasonable prices, and creating a collaborative ecosystem to reach patients in ways that are most meaningful for them.

Our commitment and care for patients extends to our people, so culture is an essential cornerstone for Ultragenyx. We remain continuously focused on creating a supportive and inclusive environment of profound learning and growth – so employees can thrive in all areas of their lives, in and outside of work. Ultimately, we want to be an organization where we would be proud for our family, friends and children to work.

If you want to have a meaningful impact, do the best work of your career, and grow a lot, both professionally and personally, come join our team.

Position Summary:

ultrainnovative – Tackle rare and dynamic challenges

The Senior Accountant will demonstrate strong ownership, judgment, and attention to detail while performing assigned responsibilities and continuously seeking opportunities to improve processes and efficiencies. Areas of responsibility include the preparation, recording, analysis, and review of revenue accounting activities to ensure compliance with generally accepted accounting principles (GAAP), corporate policies, SOX requirements, and external audit standards. This individual will play a key role in the monthly close process, including the preparation of journal entries, account reconciliations, revenue analyses, and supporting schedules for financial statement reporting.

The Senior Accountant will contribute to the development and implementation of procedures and internal controls to support an efficient, compliant, and scalable financial reporting environment.

Work Model:

Flex: This role will typically require onsite work 2-3 days each week, or more depending on business needs. In many locations, the business will set certain days each week that Flex employees are required to be onsite.

Responsibilities:

Review of transactions for compliance with ASC-606 revenue standards
Reconcile transactions issued by the supply chain team for multiple territories
Perform revenue data analysis in revenue and accounts receivable and associated reserves
Prepare and review gross-to-net accruals and related reserve analyses
Support revenue recognition for product sales and collaboration arrangements
Analyze chargebacks, rebates, returns, government pricing-related reserves, and other deductions from revenue
Reconcile distributor, wholesaler, or third-party logistics activity to revenue and AR records
Identify opportunities for automation to improve the speed and efficiency of the monthly revenue close
Partner with cross-functional teams including finance, commercial, and various business owners on a variety of projects
Perform and maintain assigned internal controls on a monthly basis
Prepare journal entries, balance sheet reconciliations and flux analysis at month-end close
Participate in revenue accounting projects, including system enhancements process improvements, automation initiatives, and implementation of new business models or contract arrangements
Support external audit requirements related to specific areas of responsibility
Assist in financial reporting during the month-end close process
Analyze/prepare aging reports and perform collection efforts as needed

Requirements:

Minimum qualification of bachelor’s degree or equivalent
3+ years of experience in accounting
Experience with pharmaceutical/biotech revenue models, such as product revenue, gross-to-net, rebates, chargebacks, distributor arrangements, returns reserves, and government pricing a plus.
Experience with ERP systems and revenue subledger tools preferred
Public company, SOX, or external audit experience preferred
CPA or CPA track preferred
Advanced Excel, PowerPoint & Word
Strong analytical skills
Oracle, SAP, NetSuite, or similar ERP experience preferred

#LI-CS1 #LI-Hybrid

The typical annual salary range for this full-time position is listed below. This range reflects the characteristics of the job, such as required skills and qualifications and is based on the office location noted in this job posting. The range may also be adjusted based on applicant's geographic location.

This position is eligible for annual bonus and equity incentives. Actual individual pay is determined by demonstrated experience and internal equity alignment.

Pay Range

$100,000—$123,600 USD

Full Time employees across the globe enjoy a range of benefits, including, but not limited to:

· Generous vacation time and public holidays observed by the company

· Volunteer days

· Long term incentive and Employee stock purchase plans or equivalent offerings

· Employee wellbeing benefits

· Fitness reimbursement

· Tuition sponsoring

· Professional development plans

* Benefits vary by region and country

Ultragenyx Pharmaceutical is an equal opportunity employer and prohibits unlawful discrimination based on race, color, religion, gender, sexual orientation, gender identity/expression, national origin/ancestry, age, disability, marital and veteran status, and any other status or classification protected by applicable federal, state, and/or local laws. Reasonable accommodation will be provided for all protected statuses or classifications protected by applicable law, including individuals with disabilities, disabled veterans, for pregnancy, childbirth, and related medical conditions, and based on sincerely held religious beliefs. Applicants can request an accommodation prior to accepting a job offer. If you require reasonable accommodation in completing this application, or in any part of the recruitment process, you may contact Talent Acquisition by emailing us at [email protected].

See our CCPA Employee and Applicant Privacy Notice.

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It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

Note to External Recruiters: All candidate activity and open positions are managed strictly through our Human Resources Department. Our Human Resources Department kindly requests that recruiters not contact employees/hiring managers directly in an attempt to solicit business and present candidates. Please note that failure to comply with this request will be a factor in determining a professional relationship with our organization. Submission of unsolicited resumes prior to an agreement set in place between the Human Resources Department and the recruiting agency will not create any implied obligation. Inquiries on developing a recruiting relationship with us, may be directed to: [email protected].

Skills Required

Bachelor's degree or equivalent
3+ years of experience in accounting
Advanced Excel, PowerPoint & Word
Strong analytical skills
Experience with pharmaceutical/biotech revenue models (product revenue, gross-to-net, rebates, chargebacks, distributor arrangements, returns reserves, government pricing)
Experience with ERP systems and revenue subledger tools
Public company, SOX, or external audit experience
CPA or CPA track
Oracle, SAP, NetSuite, or similar ERP experience

Ultragenyx Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Ultragenyx and has not been reviewed or approved by Ultragenyx.

Healthcare Strength — Benefits begin on the first day with multiple medical plan options alongside dental and vision coverage. Employer-funded HSA contributions and employer-paid mental health support via Spring Health add notable depth to healthcare support.
Leave & Time Off Breadth — Paid time off is broadened by two fully paid company shutdown weeks in August and December in addition to holidays and baseline vacation. Paid sick time, paid volunteer time, and a substantial paid leave program further expand time-off support.
Retirement Support — Retirement support includes a 401(k) program with a match on employee contributions and immediate vesting. An employee stock purchase plan discount also strengthens the overall financial rewards package.