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Senior Manager, Technical Accounting

Company: Alexion Pharmaceuticals, Inc.
Location: New Haven
Posted on: September 12, 2020

Job Description:

Career Opportunities: Senior Manager, Technical Accounting (21471) Req Id  21471  - Posted  08/12/2020  -  United States  -  New Haven, CT  -  Finance & Accounting

The Senior Manager, Technical Accounting, manages the initial accounting and documentation of complex technical accounting transactions and provides technical guidance and support for proposed business transactions. A key responsibility of this role includes leading the assessment, comminucation and implementation of all new accounting rules and regulations. This position is based in New Haven, CT and reports to the Director, Technical Accounting.

Job Duties & Responsibilities

Key responsibilities include the following:

Technical Accounting:

Evaluate new accounting rules and regulations to assess and document the impact on the Company’s financial statements and accounting policies.

Lead implementation efforts for new accounting standards engaging cross-functional teams as necessary.

Prepare and communicate regular technical accounting updates to Finance Leadership and the Global Finance team.

Provide technical expertise and guidance on the accounting for complex hedging, financing, revenue and inventory transactions, as well as complex equity transactions, including modifications, and complex leasing transactions, including embedded lease arrangements.

Perform technical research and provide accounting guidance related to new complex contracts and transactions.

Prepare technical memorandums supporting the proper accounting treatment for complex transactions.

Review drafts of significant contracts, including revenue and distributor agreements, and provide feedback to the business on the expected accounting treatment.

Lead the quarterly long-lived asset impairment review process.

Provide support for Company business development activities, including diligence for potential acquisitions, as needed.

Draft new footnotes and required disclosures for new accounting standards and complex technical accounting areas which are included in the Form 10-K, 10-Q and other SEC filings.

Lead ad hoc technical accounting training sessions to educate the business on complex accounting topics.

Manage internal and external audit requirements related to technical accounting areas.

Understand, manage and improve technical accounting processes and deliverables

Other:

Monitor and communicate to Management key SEC development and comment letter trends.

Lead the continuous professional education program for the controllership team through engagement with external vendors.

Monitor and revise policies and procedures to ensure the adequacy and effectiveness of internal controls over the technical accounting process.

Manage SOX controls and compliance for technical accounting areas

Build and manage relationships with various business partners, including the tax, legal, treasury and FP&A departments to achieve the highest level of client satisfaction.

Review accounting policies for matters that are highly technical.

Support SEC financial reporting process as needed, including the review of disclosures for complex accounting matters.

Provide special project assistance as needed

Essential Qualifications

Minimum of 7 years of relevant accounting and technical experience, including 5+ years of Big 4 public accounting experience

Bachelors degree in Accounting and CPA certification required

Extensive command of US GAAP with deep technical knowledge and expertise

Strong financial aptitude and critical thinking skills, with the ability to prepare, analyze and interpret complex data

Superior written and verbal communication skills and ability to influence and tailor messaging for various audiences and stakeholders

Strong business orientation and desire to understand the company’s business model and strategy

Ability to consider the business implications, operational issues and complexities of transactions

Strong interpersonal skills required to build relationships, collaborate and communicate with colleagues in diverse functions across the organization

Excellent problem solving and organization skills

Ability to work in a fast-paced and evolving business environment

Ability to define and manage priorities

Strong sense of ethics and responsibility

*LI-AB1

Some opportunities happen only once in a lifetime - like a job where you have the extraordinary opportunity to change lives. At Alexion, such opportunities arise through our unwavering mission to serve patients and families affected by rare diseases. These patients are our guiding star, and we act with integrity, urgency, and discipline because we know their lives are at stake.

Alexion is a global biopharmaceutical company focused on serving patients and families affected by rare diseases through the discovery, development and commercialization of life-changing therapies. As the global leader in complement biology and inhibition for more than 20 years, Alexion has developed and commercializes two approved complement inhibitors to treat patients with paroxysmal nocturnal hemoglobinuria (PNH) as well as the first and only approved complement inhibitor to treat atypical hemolytic uremic syndrome (aHUS), anti-acetylcholine receptor (AchR) antibody-positive generalized myasthenia gravis (gMG) and neuromyelitis optica spectrum disorder (NMOSD). Alexion also has two highly innovative enzyme replacement therapies for patients with life-threatening and ultra-rare metabolic disorders, hypophosphatasia (HPP) and lysosomal acid lipase deficiency (LAL-D). In addition, the company is developing several mid-to-late-stage therapies, including a second complement inhibitor, a copper-binding agent for Wilson disease and an anti-neonatal Fc receptor (FcRn) antibody for rare Immunoglobulin G (IgG)-mediated diseases as well as several early-stage therapies, including one for light chain (AL) amyloidosis and a second anti-FcRn therapy. Alexion focuses its research efforts on novel molecules and targets in the complement cascade and its development efforts on the core therapeutic areas of hematology, nephrology, neurology, and metabolic disorders. Alexion has been named to the Forbes' list of the World's Most Innovative Companies seven years in a row and is headquartered in Boston, Massachusetts' Innovation District. The company also has offices around the globe and serves patients in more than 50 countries. Further information about Alexion can be found at: www.alexion.com.

As a leading employer in our industry, Alexion is proud to offer a highly competitive package of base and incentive compensation as well as a comprehensive benefits program designed to support the health, wellness and financial security of our employees and their families. Benefits include group medical, vision and dental coverage, group and supplemental life insurance, 401(k) with company match, tuition reimbursement, relocation assistance and much more.

Keywords: Alexion Pharmaceuticals, Inc., New Haven , Senior Manager, Technical Accounting, Other , New Haven, Connecticut

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