Manager, Finance OTC Trade AR & Credit Job in New Jersey (NJ), Finance Career, Jobs in Genmab
We use cookies. Find out about cookies here. By continuing to browse this site you are agreeing to our use of cookies.
Close
Sign in
Create a candidate account
Create a candidate account
Create an employer account
Sign in to an existing account
Create a candidate account
Create an employer account
Sign in to an existing account
Forgot password
Forgot password
Sign in
Create a candidate account
Sign in
Create an employer account

Life Science Career Fair

Manager, Finance OTC Trade AR & Credit job in Princeton

Sign in
Create a candidate account
Genmab jobs
New Jersey (NJ), Princeton
Job Code:  R10550
Employer:  Genmab
Category:  Finance

Location
Country:  United States
State:  New Jersey (NJ)
City:  Princeton
04/13/2024

Description
At Genmab, we're committed to building extra[not]ordinary futures together, by developing antibody products and pioneering, knock-your-socks-off therapies that change the lives of patients and the future of cancer treatment and serious diseases. From our people who are caring, candid, and impact-driven to our business, which is innovative and rooted in science, we believe that being proudly unique, determined to be our best, and authentic is essential to fulfilling our purpose.

The Role

The Trade Accounts Receivable (AR) Finance & Credit Manager is a key member of the US Accounting Operations Leadership Team responsible for the US Commercial Order-To-Cash (OTC) operations and accounting. This dynamic individual contributor role will play a core role in managing day-to-day Genmab Trade Accounts Receivable operations, which includes customer credit risk management and active oversight of 3PL collection management, deduction management, and cash applications. The role partners closely with US Market Revenue Finance, US Market Trade Operations, Accounting Operations, and our 3PL OTC service partner to ensure proper receivables management, business continuity, working capital optimization, and SOX compliance.

The OTC Trade AR Finance & Credit Manager will be responsible for leading, delivering, and continually improving scalable Trade AR end-to-end processes and performance results to ensure operational excellence and to support continued growth centered on Genmab's 2030 Vision. This critical role will represent Genmab as the main finance point of contact with the 3PL for the management and execution of day-to-day AR/Credit inquiries and issue resolution, compliance with grant of authority SOX requirements, and reconciliation of data between the 3PL system and SAP.

Additional responsibilities and special projects may be assigned based on the needs of the business.

The role will be based in Princeton, NJ and will report to the Senior Director, US Commercial Order to Cash Accounting and Payroll Operations with a dotted line to the US Market Revenue Finance team.

Responsibilities
  • Lead trade accounts receivable operational management by partnering externally with our 3PL partner and internally with US Market Revenue Finance, US Market Trade Operations, External Reporting, and Accounting Operations.
  • Serve as the primary point of contact for the 3PL to cross functionally triage and resolve inquiries around customer deductions, credit limits/order holds, bad debt reserves/write-offs, and cash application.
  • Perform financial analyses and background reviews of targeted and existing customers to develop credit recommendations to management based on actual trends, sales forecast data, customer payment terms, and 3rd party credit agency reports.
  • Proactively monitor customer credit exposure and potential customer credit hold blocks by working with 3PL partner to minimize AR aging activity.
  • Prepare, analyze, and deliver Weekly Trade AR Performance Dashboard reporting, analytics, and KPI's to identify invalid deductions/potential disputes and minimize potential bad debt.
  • Ensure SOX controls are properly designed and operating effectively throughout the year.
  • Support the monthly and quarterly accounting close and reporting process by preparing AR balance sheet account reconciliations, quarterly footnote support and analytical commentary, analyzing Trade AR customer sub-ledger activity to minimize bad debt risk by partnering with 3PL provider to ensure timely and effective customer follow ups, perform system tie-outs, deliver SOX compliance, and perform ad hoc analyses as deemed necessary.
  • Utilize D&B's Finance Analytics tool to provide customer insight and proactive credit risk awareness when assessing customer credit decisions.
  • Participate in internal and external audit reviews and process walkthroughs as needed.
  • Identify and participate in process improvement initiatives as needed.

Requirements
  • 5+ years of hands-on Financial Accounting experience in a multi-national publicly traded organization (US pharmaceutical industry experience is a plus)
  • BA or BS degree
  • Advanced experience delivering Trade AR OTC operations and accounting
  • Strong business partnering skillset with a track record of working and communicating effectively with internal/external and cross functional stakeholders
  • Excellent business and financial acumen, with strong analytical skills and end-to-end process improvement mindset
  • Superior verbal and written communication skills
  • Self-starter with proven ability to work and influence change cross-functionality at all levels
  • Advanced excel skills and comfort learning and implementing new systems
  • Executive presence and ability to interact effectively with executive management
  • Ability to thrive in a high growth, fast paced environment with the need to manage multiple, sometimes conflicting priorities, to achieve desired outcomes
  • Strong internal control SOX knowledge and experience
  • SAP experience, preferred
  • Experience working with a 3PL OTC service provider, preferred
  • Experience with Dun & Bradstreet, preferred

For US based candidates, the proposed salary band for this position is as follows:

$91,875.00---$153,125.00

The actual salary offer will carefully consider a wide range of factors, including your skills, qualifications, experience, and location. Also, certain positions are eligible for additional forms of compensation, such as bonuses.

About You
  • You are passionate about our purpose and genuinely care about our mission to transform the lives of patients through innovative cancer treatment
  • You bring rigor and excellence to all that you do. You are a fierce believer in our rooted-in-science approach to problem-solving
  • You are a generous collaborator who can work in teams with diverse backgrounds
  • You are determined to do and be your best and take pride in enabling the best work of others on the team
  • You are not afraid to grapple with the unknown and be innovative
  • You have experience working in a fast-growing, dynamic company (or a strong desire to)
  • You work hard and are not afraid to have a little fun while you do so

Locations

Genmab leverages the effectiveness of an agile working environment, when possible, for the betterment of employee work-life balance. Our offices are designed as open, community-based spaces that work to connect employees while being immersed in our state-of-the-art laboratories. Whether you're in one of our collaboratively designed office spaces or working remotely, we thrive on connecting with each other to innovate.

About Genmab

Genmab is an international biotechnology company with a core purpose guiding its unstoppable team to strive towards improving the lives of patients through innovative and differentiated antibody therapeutics. For more than 20 years, its passionate, innovative and collaborative team has invented next-generation antibody technology platforms and leveraged translational research and data sciences, which has resulted in a proprietary pipeline including bispecific T-cell engagers, next-generation immune checkpoint modulators, effector function enhanced antibodies and antibody-drug conjugates. To help develop and deliver novel antibody therapies to patients, Genmab has formed 20+ strategic partnerships with biotechnology and pharmaceutical companies. By 2030, Genmab's vision is to transform the lives of people with cancer and other serious diseases with Knock-Your-Socks-Off (KYSO™) antibody medicines.

Established in 1999, Genmab is headquartered in Copenhagen, Denmark with locations in Utrecht, the Netherlands, Princeton, New Jersey, U.S. and Tokyo, Japan.

Our commitment to diversity, equity, and inclusion

We are committed to fostering workplace diversity at all levels of the company and we believe it is essential for our continued success. No applicant shall be discriminated against or treated unfairly because of their race, color, religion, sex (including pregnancy, gender identity, and sexual orientation), national origin, age, disability, or genetic information. Learn more about our commitments on our website .

Genmab is committed to protecting your personal data and privacy. Please see our privacy policy for handling your data in connection with your application on our website https://www.genmab.com/privacy .

Please note that if you are applying for a position in the Netherlands, Genmab's policy for all permanently budgeted hires in NL is initially to offer a fixed-term employment contract for a year, if the employee performs well and if the business conditions do not change, renewal for an indefinite term may be considered after the fixed-term employment contract.
ref: (R10550)
Back to search results

Popular locations: New Jersey (NJ) (536) | North Carolina (NC) (179) | Pennsylvania (PA) (108) | California (CA) (59) | Massachusetts (MA) (52) | New Mexico (NM) (44) | Remote (29) | New Hampshire (NH) (27) | Connecticut (CT) (26) | Illinois (IL) (21)

Popular categories: Research and Development (185) | Sales (78) | Regulatory Affairs (71) | Clinical Research (71) | Manufacturing (59) | Director Clinical Research (56) | Biology (56) | Medical Communications (51) | Chemistry (47) | Engineering (37)

Popular jobs: Director (310) | Manager (264) | Associate Director (118) | Sales (93) | Project Management (40) | Account Manager (31) | Senior Specialist (22) | Automation Engineer (9) | Intern (9) | Business Development (7)