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Revolution Medicines

Associate Director, Revenue Accounting and Finance

Posted 5 Days Ago
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In-Office
Redwood City, CA
186K-233K Annually
Senior level
In-Office
Redwood City, CA
186K-233K Annually
Senior level
Lead revenue accounting and gross-to-net (GTN) close activities, forecasting, and controls for commercial launch readiness. Prepare journal entries, reconciliations, reserve rollforwards, and SOX-compliant processes. Build GTN models, partner with Commercial/Market Access and Analytics, manage government pricing coordination, develop dashboards and automation, support SEC reporting, and drive AI-enabled efficiency improvements.
The summary above was generated by AI

Revolution Medicines is a late-stage clinical oncology company developing novel targeted therapies for patients with RAS-addicted cancers. The company’s R&D pipeline comprises RAS(ON) inhibitors designed to suppress diverse oncogenic variants of RAS proteins. The company’s RAS(ON) inhibitors daraxonrasib (RMC-6236), a RAS(ON) multi-selective inhibitor; elironrasib (RMC-6291), a RAS(ON) G12C-selective inhibitor; zoldonrasib (RMC-9805), a RAS(ON) G12D-selective inhibitor; and RMC-5127, a RAS(ON) G12V-selective inhibitor, are currently in clinical development. As a new member of the Revolution Medicines team, you will join other outstanding professionals in a tireless commitment to patients with cancers harboring mutations in the RAS signaling pathway.

The Opportunity:

Revolution Medicines is seeking a Associate Director, Revenue Accounting and Finance to play a key role in commercial launch readiness as the company prepares for its first product launch and continues its transition to a commercial stage organization. Reporting to the Senior Director, Revenue Accounting and Finance, this position will serve as a hands-on subject matter expert responsible for ensuring the accuracy, transparency, and continuous improvement of revenue accounting, gross-to-net (GTN) forecasting, and related month-end close processes. The ideal candidate will bring deep expertise in pharmaceutical revenue and GTN accounting, forecasting, and related financial reporting, along with strong technical accounting judgment and proven experience supporting commercial launch readiness. This individual will thrive in a fast-paced, collaborative environment and help build scalable processes and controls to support the company's commercial growth.

Key Responsibilities

  • Prepare and analyze monthly product revenue and gross-to-net close activities, including the calculation, recording, and monitoring of gross-to-net accruals and related reserve balances for prompt pay discounts, copay and patient assistance programs, returns, Medicaid, Medicare Part D, 340B, VA/DoD, and other forms of variable consideration.

  • Prepare journal entries, account reconciliations, flux analyses, reserve rollforwards, close schedules, and supporting documentation for revenue and GTN related accounts.

  • Maintain and support robust internal controls over revenue processes, ensuring SOX compliance and audit readiness.

  • Prepare, maintain, and improve RevMed’s GTN forecasting models and methodologies for budget, forecast, long range planning, and scenario analysis.

  • Partner directly with the Commercial and Market Access teams to develop and maintain GTN assumptions and forecasts, track performance, and evaluate pricing and contracting strategies.

  • Partner with Analytics & Insights to incorporate relevant demand, patient, and market data into GTN forecasts.

  • Develop dashboards, analytics, and reporting packages that provide visibility into gross sales, discounts, reserve adequacy, forecast accuracy, and emerging risks or opportunities.

  • Manage the day-to-day partnership with the external government pricing consultant, including coordinating required data submissions, reviewing government pricing calculations and related outputs, and supporting accuracy and compliance across government channels, including Medicaid, Medicare Part D, 340B, and VA/FSS programs.

  • Drive the adoption of approved AI-enabled tools and automation to eliminate manual processes across revenue accounting, gross-to-net forecasting, account reconciliations, reporting, and month-end close while ensuring compliance with company policies, internal controls, and audit requirements.

  • Collaborate closely with the Senior Director, Revenue Accounting and Finance, and the Vice President, Finance and Corporate Accounting on strategic initiatives, cross functional projects and SEC reporting disclosures.

  • Serve as an HQ partner for global revenue and reporting by coordinating with regional finance and accounting teams to standardize revenue inputs, forecast reporting, variance analysis, key assumptions, controls, and consolidation ready reporting to support senior leadership decision making.

Required Skills, Experience and Education:

  • Bachelor’s degree in Accounting, Finance, Economics, or a related field; CPA or MBA preferred.

  • Minimum of 8+ years of progressive working experience in a similar role within the pharmaceutical or biotechnology industry.

  • Proactive learner with demonstrated curiosity and interest in using AI.

  • Demonstrated expertise in ASC 606 revenue recognition, gross-to-net (GTN) accounting and forecasting.

  • Experience strengthening accounting processes, and internal controls in compliance with SOX, SEC, and U.S. GAAP requirements.

  • Continuous improvement mindset; constantly seeking ways to drive innovation and efficiencies in financial operations.

  • Outstanding organizational skills, attention to detail, and the ability to manage multiple complex processes simultaneously.

  • Exceptional leadership, communication, and cross functional collaboration skills, with the ability to influence and build credibility across commercial, Market Access, and executive teams.

  • Advanced analytical skills and high proficiency in Microsoft Excel, Word and PowerPoint.

  • Maintain a positive, approachable and professional attitude.

Preferred Skills:

  • Experience supporting a first product launch, commercial launch readiness, or early commercial stage pharmaceutical or biotechnology company.

  • Experience supporting global consolidation, regional revenue reporting, intercompany processes.

  • Experience implementing AI-enabled tools, automation, dashboards, or advanced analytics to improve close processes, reconciliations, forecasting and reporting.

#LI-TS1 #LI-Hybrid

The base pay salary range for this full-time position for candidates working onsite at our headquarters in Redwood City, CA is listed below. The range displayed on each job posting is intended to be the base pay salary range for an individual working onsite in Redwood City and will be adjusted for the local market a candidate is based in. Our base pay salary ranges are determined by role, level, and location. Individual base pay salary is determined by multiple factors, including job-related skills, experience, market dynamics, and relevant education or training.

Please note that base pay salary range is one part of the overall total rewards program at RevMed, which includes competitive cash compensation, robust equity awards, strong benefits, and significant learning and development opportunities.

Revolution Medicines 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 status, medical condition, and veteran status.

Revolution Medicines takes protection and security of personal data very seriously and respects your right to privacy while using our website and when contacting us by email or phone. We will only collect, process and use any personal data that you provide to us in accordance with our CCPA Notice and Privacy Policy. For additional information, please contact [email protected].

Base Pay Salary Range
$186,000$233,000 USD

We are aware of recent recruitment scams in which individuals or organizations falsely represent themselves as being affiliated with Revolution Medicines. These scams may appear as false job advertisements or unsolicited contacts through communication or chat platforms, email, phone, or text message.
 
Please note that Revolution Medicines does not extend unsolicited employment offers and will never ask candidates to provide financial information, purchase equipment, or pay fees as part of the hiring process. All legitimate communication from Revolution Medicines will come from an official @revmed.com email address.
 
If you believe you’ve been contacted by someone impersonating a Revolution Medicines recruiter, please report it to [email protected] so we can share these impersonations with our IT team for tracking and awareness.


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