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Arrowhead Pharmaceuticals

Revenue Accounting Manager

Reposted 2 Days Ago
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In-Office
Pasadena, CA, USA
120K-145K Annually
Senior level
In-Office
Pasadena, CA, USA
120K-145K Annually
Senior level
The Revenue Accounting Manager will oversee partnership accounting, manage revenue recognition processes under ASC 606, ensure SOX compliance, and communicate complex accounting to cross-functional teams, requiring 5+ years of relevant experience.
The summary above was generated by AI

Arrowhead Pharmaceuticals, Inc. (Nasdaq ARWR) is a commercial stage biopharmaceutical company that develops medicines that treat intractable diseases by silencing the genes that cause them. Using a broad portfolio of RNA chemistries and efficient modes of delivery, Arrowhead therapies trigger the RNA interference mechanism to induce rapid, deep, and durable knockdown of target genes. RNA interference, or RNAi, is a mechanism present in living cells that inhibits the expression of a specific gene, thereby affecting the production of a specific protein. Arrowhead’s RNAi-based therapeutics leverage this natural pathway of gene silencing.

Arrowhead is focused on developing innovative drugs for diseases with a genetic basis, typically characterized by the overproduction of one or more proteins that are involved with disease. The depth and versatility of our RNAi technologies enables us to potentially address conditions in virtually any therapeutic area and pursue disease targets that are not otherwise addressable by small molecules and biologics. Arrowhead is leading the field in bringing the promise of RNAi to address diseases outside of the liver, and our clinical pipeline includes disease targets in the liver and lung with a promising pipeline of preclinical candidates.

Arrowhead’s corporate headquarters is in Pasadena, CA with research and development teams in Madison, WI & San Diego, CA, and a state of the art manufacturing facility in Verona, WI.  Our employees are nimble, science-driven innovators who are collaborating to bring new therapies to patients in need. 

The Position

Arrowhead is seeking a Revenue Accounting Manager to join its Finance & Accounting team at its Pasadena, CA headquarters.  Reporting to the Senior Accounting Manager, & working closely with the Controller, the Revenue Accounting Manager will manage all aspects of partnership/collaboration accounting and commercial revenue. 

This is a newly created, high‑impact role designed to build and scale best‑in‑class revenue recognition processes in the life sciences industry, where revenue models are complex and highly specialized. The role carries full ownership of the company’s revenue framework and serves as the subject‑matter expert for ASC 606 revenue accounting. Success in this position requires a strong mix of technical accounting expertise, leadership, and cross‑functional collaboration to ensure accurate financial reporting, operational efficiency, and SOX compliance. The ideal candidate is detail‑driven, highly responsive, tech‑savvy, and adaptable in a fast‑moving environment, with 5+ years of progressive experience in finance or accounting, with a significant focus on revenue recognition (ASC 606), preferably within biotech or pharmaceutical companies.

This role is based in Pasadena, California with an expectation to be in office 5 days a week.

Responsibilities

  • Develop a deep understanding of partnership and customer contracts and serve as the subject‑matter expert on revenue accounting under ASC 606 and U.S. GAAP. Review and assess complex contracts, including partnership arrangements, to determine appropriate revenue recognition treatment and disclosure requirements.
  • Establish and maintain revenue accounting policies and procedures in accordance with regulatory standards and SOX control requirements.
  • Partner with FP&A to lead cross‑functional efforts to ensure accurate tracking of actual labor hours, facilitate updates to budgeted resource assumptions. Ensure inputs to input‑method revenue recognition are well‑supported, accurate, and audit‑ready.
  • Perform order-to-cash month‑end and quarter-end close activities, including the preparation and posting of journal entries, completion of balance sheet reconciliations and flux analysis.
  • Assist with gross-to-net revenue accounting, including reviewing support provided by the 3rd party and month-end close activities.
  • Lead the preparation of revenue‑related disclosures for the Company’s Forms 10‑Q and 10‑
  • Prepare and maintain SOX‑compliant controls for the revenue and accounts receivable cycles, ensuring proper execution and documentation.

Requirements

  • Bachelor’s degree in Accounting, Finance, or a related field.
  • 5+ years of financial accounting experience, with a significant focus on revenue recognition (ASC 606).
  • In‑depth knowledge of U.S. GAAP and SOX compliance requirements as they apply to revenue recognition, receivables, contract assets and deferred revenue
  • Demonstrated ability to manage and execute complex monthly and quarterly close processes.
  • Demonstrated ability to communicate complex accounting guidance clearly and effectively to non‑finance and cross‑functional partners.
  • Strong capability to lead change initiatives and successfully manage complex, multi‑phase projects.
  • Strong organizational skills, with a focus on accuracy, detail orientation and the ability to produce in tight timelines
  • Strong interpersonal, oral and written communication skills
  • Possess the highest level of integrity
  • Ability to adapt to a rapidly changing environment
  • Excellent team player
  • Self-motivated with an insatiable desire to learn & be challenged
  • Ability for occasional travel between Arrowhead’s locations

Preferred

  • Demonstrated experience in a technical accounting role within the life sciences, biotech, or pharmaceutical industry
  • Big 4 accounting firm experience
  • Public company experience
California pay range
$120,000$145,000 USD

Arrowhead provides competitive salaries and an excellent benefit package.   

Candidates must have current, valid authorization to work in the country where this role is located.

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HQ

Arrowhead Pharmaceuticals Pasadena, California, USA Office

225 South Lake Avenue, Suite 1050, Pasadena, CA, United States, 91101

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