What are the responsibilities and job description for the Revenue Accounting Manager position at Formedics?
About us: Where Clinicians Connect, Collaborate, and Learn
Formedics is a platform where clinicians connect, collaborate, and learn through peer-driven discussions with leading experts, opinion leaders, and deep therapeutic communities. We’re transforming how healthcare professionals connect, learn, and engage using cutting‑edge technology and dynamic digital platforms across the healthcare ecosystem.
We’re a growing, innovative team that values curiosity, collaboration, and impact. You’ll work alongside smart, passionate people who care deeply about building products and platforms that matter, while having the opportunity to learn, stretch, and grow as the company evolves.
Powered by advanced AI/ML technology, our work helps life science and pharmaceutical partners engage healthcare professionals in smarter, more effective ways. If you’re excited by growth, ownership, and shaping the future of healthcare communication, you’ll feel right at home at Formedics.
Key Responsibilities:
Revenue Operations & System Flow
• Own the full data flow from HubSpot (CRM) and Boostr (OMS) into ERP system; ensure accuracy, consistency, and proper mapping for contract terms, pricing, products, and change orders.
• Partner with Sales and RevOps to improve upstream data quality, implement workflows, and enforce required fields and approval steps.
• Act as the primary liaison between Sales, RevOps, Operations, and Accounting for all revenue related system issues and process improvements.
Billing & Contract Intake
• Oversee contract review and billing setup.
• Ensure billing schedules reflect actual delivery, campaign timelines, and contract terms.
• Review and approve invoices prepared by the billing team; validate accuracy before issuance.
Revenue Recognition (ASC 606)
• Own monthly revenue recognition across all products
• Analyze contracts for performance obligations; determine proper timing and pattern of recognition.
• Prepare and review revenue schedules and support for audit.
• Develop and maintain accounting policies for revenue.
Close & Reporting
• Oversee monthly revenue close: reconciliations, variance analysis, deferred revenue schedules, and revenue rollforwards.
• Support the Corporate Controller in consolidated financial and audit requests.
Automation, Process Design & Systems Ownership
• Build scalable, repeatable, automated revenue workflows in CRM, OMS, and ERP system
• Work closely with IT and RevOps on integration enhancements, testing, and new system implementations • Identify bottlenecks and drive continuous improvement across the revenue cycle.
We provide:
Remote (East Coast Preferred)
Access to NJ-based office Company-sponsored events
401(k) program
Medical benefits including Dental and Vision Life insurance
Paid time off
Training and development programs
Formedics is an Equal Opportunity Employer. We do not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, or any other characteristic protected by applicable law. Employment decisions are based on qualifications, merit, and business needs