Manager, Revenue Recognition
Manager, Revenue Recognition
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1 Vacancy
Job Description
About the Department
At Novo Nordisk we want to make a difference. For more than 100 years we have led the way in diabetes care. Being part of Novo Nordisk allows our employees to embark on life-changing careers and the opportunity to help improve the quality of life for millions of people around the world.
Our Bloomington Indiana site is a state-of-the-art facility where we have an integrated model from process and formulation to clinical and commercial biomanufacturing and drug product fill/finish and packaging. The Bloomington campus is a recognized facility where talented teams work with innovators to help develop manufacture and supply products to patients around the world.
What we offer you:
- Leading pay and annual performance bonus for all positions
- All employees enjoy generous paid time off including14 paid holidays
- Health Insurance Dental Insurance Vision Insurance effective day one
- Guaranteed 8% 401K contribution plus individual company match option
- Family Focused Benefits including 14 weeks paid parental & 6 weeks paid family medical leave
- Free access to Novo Nordisk-marketed pharmaceutical products
- Tuition Assistance
- Life & Disability Insurance
- Employee Referral Awards
At Novo Nordisk you will find opportunities resources and mentorship to help grow and build your career. Are you ready to realize your potential Join Team Novo Nordisk and help us make what matters.
The Position
The Manager Revenue Recognition is a crucial and technical role within the Accounting & Finance team focusing on primarily revenue recognition and leadership within the group. The role is instrumental in driving change and facilitating complex contract negotiations. The Manager collaborates extensively across the organization engaging with the commercial teams project management and supply chain to ensure alignment on strategic direction. This position plays a key role in shaping the companys financial strategy.
Relationships
Reports to Director
Essential Functions
- Team Management: Lead and develop direct reports and manage the workflow of additional revenue resources fostering a high-performing team environment
- Cross-Functional Collaboration: Work closely with Controllership Project Management Comm Ops Legal and other business leaders to optimize processes and support strategic financial decisions
- Month-End Close: Key contributor to the month-end close process including preparing and reviewing all revenue streams for the Site and Accounts Receivable Reports to ensure timely and accurate reporting
- Utilize ASC 606 revenue recognition standards to manage and report revenue accounting
- Balance Sheet Focus: Oversee reconciliations and workflow processes for deferred revenue unbilled revenue contract assets bad debt reserves and accounts receivable reserves ensuring accuracy completeness and compliance
- Audit Support: Act as the primary point of contact for financial auditors (external & internal) providing necessary documentation and addressing inquiries to ensure a smooth audit process
- Process Improvement: Identify and implement changes to enhance the efficiency and effectiveness of accounting operations
- Other duties as assigned
Physical Requirements
- 100% work scheduled based on-site at Bloomington Indiana facility.
- Ability to sit at a desk
Qualifications
- Bachelors degree in Accounting Finance or a related field of study from an accredited university required
- CPA CMA or MBA preferred
- Four (4) years of relevant experience in cost accounting required
- Experience within a manufacturing or pharmaceutical environment preferred
- Strong knowledge of US GAAP/IFRS inventory accounting and cost modeling required
- Hands-on experience with ERP systems (SAP preferred) and advanced Excel skills required
- Adaptability and continuous learning required
- Strong analytical and problem-solving skills with keen attention to detail required
- Excellent communication skills with the ability to work cross-functionally with various teams required
- Strong organizational skills and the ability to handle multiple tasks and deadlines in a fast-paced environment required
We commit to an inclusive recruitment process and equality of opportunity for all our job applicants.
At Novo Nordisk we recognize that it is no longer good enough to aspire to be the best company in the world. We need to aspire to be the best company for the world and we know that this is only possible with talented employees with diverse perspectives backgrounds and cultures. We are therefore committed to creating an inclusive culture that celebrates the diversity of our employees the patients we serve and communities we operate in. Together were life changing.
Novo Nordisk is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to race ethnicity color religion sex gender identity sexual orientation national origin disability protected veteran status or any other characteristic protected by local state or federal laws rules or regulations.
If you are interested in applying to Novo Nordisk and need special assistance or an accommodation to apply please call us at 1-. This contact is for accommodation requests only and cannot be used to inquire about the status of applications.
Required Experience:
Manager
Employment Type
Full Time
