What are the responsibilities and job description for the Manager, Gross Margin Accounting position at Esperion?
Company Overview
Our Mission: At Esperion, we are working tirelessly to deliver innovative medicines that help patients reach their goals today, tomorrow, and into the future.
Esperion is a fully remote based company with a corporate headquarters located in Ann Arbor, MI. The Company offers a competitive salary including a performance-based bonus program and stock-based compensation, a comprehensive benefits package including a 401(k) matching plan and health insurance, and paid time off and holidays.
Position Title: Manager, Gross Margin Accounting
This position will report to the Controller and will be responsible for supporting the gross to net and gross margin accounting for Esperion products. This role will play a key role in the planning and management of key company workstreams and will be a critical partner for Esperion finance and commercial management. They will be expected to be thought partners on gross to net management and inventory best practices and will advise on how best to implement new ERP and technology solutions to improve process efficiency.
Preferred Location: Remote – US
Essential Duties And Responsibilities
Our Mission: At Esperion, we are working tirelessly to deliver innovative medicines that help patients reach their goals today, tomorrow, and into the future.
Esperion is a fully remote based company with a corporate headquarters located in Ann Arbor, MI. The Company offers a competitive salary including a performance-based bonus program and stock-based compensation, a comprehensive benefits package including a 401(k) matching plan and health insurance, and paid time off and holidays.
Position Title: Manager, Gross Margin Accounting
This position will report to the Controller and will be responsible for supporting the gross to net and gross margin accounting for Esperion products. This role will play a key role in the planning and management of key company workstreams and will be a critical partner for Esperion finance and commercial management. They will be expected to be thought partners on gross to net management and inventory best practices and will advise on how best to implement new ERP and technology solutions to improve process efficiency.
Preferred Location: Remote – US
Essential Duties And Responsibilities
- Ensure all revenue streams adhere to ASC 606 and US GAAP accounting standards.
- Develop estimates to account for discounts, rebates, returns, allowances, and other adjustments that reduce gross revenue.
- Lead inventory close process for determining cost of goods sold and accrued inventory balances.
- Analyze and present gross to net discount findings and projections to senior management.
- Partner with the technical operations and supply chain team to review inventory transactions and investigate anomalies in inventory and cost trends.
- Execute month and quarter end revenue close activities including preparation of journal entries, reconciliations, analyses, and controls ensuring compliance with SOX.
- Support SEC 10Q and 10K disclosure requirements with respect to revenue and inventory-related reporting.
- Support other SOX related tasks as needed
- Assist cost accounting manager with purchase price variance analysis, monthly and quarterly inventory reconciliation, year-end audit requests and other analyses as needed.
- Additional duties and responsibilities as assigned
- Bachelor’s Degree in Finance, Accounting, or related field, CPA preferred; and a Minimum of 5 years experience in revenue recognition or cost accounting
- Strong understanding of ASC 606 and US GAAP accounting standards
- Experience utilizing ERP to manage and track inventory and costs
- Must be very detail-oriented
- Ability to be proactive and work in a fast-paced environment
- Ability to multi-task
- Strong communication skills
- Proficient in Microsoft Office suite, especially Excel and Word. Experience with Microsoft Great Plains a plus
