Associate Director, Revenue and Gross-to-Net Accounting

Responsibilities

• Perform monthly revenue and gross-to-net accounting processes, ensuring accurate and timely revenue recognition in accordance with ASC 606.
• Own the calculation, review, and analysis of gross-to-net reserves and adjustments, including rebates, chargebacks, returns, discounts, and other revenue deductions.
• Prepare revenue-related journal entries, account reconciliations, analyses, and supporting schedules.
• Partner with Forecasting, FP&A, Market Access, Commercial, and Patient Access teams to support gross-to-net forecasting methodologies and assumptions.
• Evaluate revenue-related contracts and commercial arrangements and prepare technical accounting analyses and memoranda.
• Monitor and analyze gross-to-net trends, payer dynamics, and reimbursement changes to provide actionable business insights.
• Lead SOX compliance activities, internal controls, audit support, and process documentation related to revenue and gross-to-net accounting.
• Support commercialization activities, including new product launches, payer contracting strategies, and distribution channel changes.
• Drive process optimization, automation initiatives, and system enhancements to improve efficiency, scalability, and reporting accuracy.
• Assist in developing and mentoring accounting team members and fostering a culture of continuous improvement.
• Collaborate with Corporate Accounting and Financial Reporting teams to support quarterly and annual reporting requirements.
• Education/Experience Requirements:
• Bachelor's degree in accounting or finance required.
• CPA certification required.
• 8-10+ years of progressive accounting experience, including significant ASC 606 revenue recognition and gross-to-net accounting.
• Public accounting experience required; Big 4 experience strongly preferred.
• Experience leading complex accounting processes, cross-functional initiatives, and audit activities.
• Experience in biotech or pharmaceutical industry with understanding of pharmaceutical commercial revenue recognition and gross-to-net accounting under ASC 606.
• Additional Skills/Experience/Requirements:
• Embody Travere's core values: Courage, Community Spirit, Patient Focus, and Teamwork.
• Strong analytical mindset with excellent problem-solving capabilities and attention to detail.
• Ability to balance detailed execution with strategic thinking and business partnership.
• Self-starter with the ability to work independently, exercise sound judgment, and take initiative in a fast-paced environment.
• Strong knowledge of US GAAP and familiarity with monthly close processes and quarterly financial reporting.
• Adv

Benefits

Additional Information

Department: 101020 Finance Location: California - Remote, San Diego Be a part of a global team that is inspired to make a difference in the lives of people living with rare disease. At Travere Therapeutics, we recognize that our exceptional employees are vital to our success. We are a dedicated team focused on meeting the unique needs of rare patients. Our work is rewarding - both professionally and personally - because we are making a difference. We are passionate about what we do. We are seeking talented individuals who will thrive in our collaborative, diverse, fast-paced environment and share in our mission - to identify, develop and deliver life-changing therapies to people living with rare disease. We stick by our values centered on patients, courage, community, and collaboration to pursue our vision of becoming a leading biopharmaceutical company dedicated to the delivery of innovation and hope to patients in the global rare disease community. At Travere Therapeutics, we are in rare for life. We continue to courageously forge new paths as we move toward a common goal of elevating science and service for rare patients . Position Summary: At Travere Therapeutics, we are committed to identifying, developing, and delivering life-changing therapies for people living with rare diseases. The Associate Director, Revenue and Gross-to-Net Accounting, is responsible for performing key aspects of the company's revenue recognition and gross-to-net accounting functions. This role oversees revenue accounting activities, supports the development and execution of gross-to-net methodologies, and ensures compliance with U.S. GAAP, ASC 606, and SOX requirements. The Associate Director serves as a business partner across Finance, Forecasting, Patient Access, Market Access, Commercial, and external stakeholders to support accurate financial reporting, forecasting assumptions, and commercialization initiatives. This position plays a critical role in driving operational excellence through process improvements, automation initiatives, strong internal controls, and scalable accounting practices. The Associate Director will also provide leadership and mentorship within the accounting organization while supporting strategic business initiatives in a dynamic commercial-stage biotechnology environment. The position reports to the Director, Revenue and Gross-to-Net Accounting.

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