Note: The job is a remote job and is open to candidates in USA. Valeris is a fully integrated life sciences commercialization partner that provides comprehensive solutions spanning the entire healthcare value chain. The Senior Accountant – Financial Operations plays a critical role in supporting patient affordability and market access programs through oversight of accounts receivable, billing, reimbursement tracking, and financial reconciliation processes.
Responsibilities
- Lead and manage the full AR lifecycle related to patient affordability and market access programs, including invoicing, cash application, adjustments, credits, and collections
- Reconcile manufacturer funding, program reimbursements, administrative fees, and third-party payments to contractual terms
- Calculate, book, and reconcile deferred revenue in accordance with GAAP and contractual performance obligations
- Analyze reimbursement activity to identify short-payments, overpayments, eligibility discrepancies, and funding gaps
- Monitor aging reports, unapplied cash, deferred revenue balances, and program receivable accounts to ensure timely resolution
- Review and approve financial adjustments, credits, reserves, and write-offs
- Ensure revenue recognition aligns with GAAP, contract terms, and timing of performance obligations
- Evaluate program contracts to determine appropriate revenue recognition treatment, including identification of performance obligations and timing considerations
- Prepare and record journal entries related to program revenue, deferred revenue, accruals, reserves, and receivables
- Reconcile deferred revenue schedules to the general ledger on a monthly basis
- Lead preparation of revenue roll-forwards and audit-ready documentation
- Support technical accounting analysis related to contract modifications or new program structures
- Serve as financial liaison to Patient Services, Market Access, and Customer Service teams for billing and reimbursement inquiries
- Support resolution of escalated patient assistance or copay program financial discrepancies
- Provide financial insight into program funding utilization, reimbursement trends, and revenue timing
- Assist in evaluating financial impact of program design changes or new market access initiatives
- Identify recurring process issues impacting patient experience and recommend improvements
- Lead month-end close activities related to affordability and access programs, including AR, deferred revenue, accruals, and funding reconciliations
- Reconcile program sub-ledgers to the general ledger
- Prepare financial reporting and analytics for leadership, including funding utilization, DSO, deferred revenue balances, and reimbursement variance trends
- Support forecasting and budgeting related to program revenue and funding utilization
- Maintain strong internal controls over billing, reimbursement validation, deferred revenue, and funding reconciliation
- Ensure compliance with contractual agreements, program guidelines, and company financial policies
- Support internal and external audits, including documentation related to revenue recognition and deferred revenue balances
- Document and enhance financial procedures related to affordability and access programs
- Develop and monitor KPIs including DSO, funding utilization rates, reimbursement variance trends, deferred revenue aging, and cash conversion metrics
- Identify trends impacting financial performance, revenue timing, or program sustainability
- Recommend automation and reporting enhancements to improve revenue and deferred revenue transparency
- Participate in ERP enhancements or program platform implementations impacting revenue accounting
Skills
- Bachelor's degree in Accounting, Finance, or related field (required)
- 7–10 years of progressive accounting experience
- Strong experience managing AR, billing, and revenue recognition in a reimbursement-driven, contract-based environment
- Demonstrated experience calculating, booking, and reconciling deferred revenue
- Strong knowledge of GAAP, ASC 606, and revenue recognition principles
- Experience analyzing complex contracts and identifying performance obligations
- Advanced Excel skills and strong analytical capabilities
- Ability to interpret and apply program funding agreements and reimbursement methodologies
- CPA preferred
- Experience supporting patient affordability programs, copay assistance, hub services, or market access functions preferred
- Although very minimal, flexibility to travel as needed is preferred
Benefits
- Medical, dental, and vision plans, including HSA- and FSA-eligible options, with Valeris contributing toward premium costs
- Additional health support, including telehealth and Employee Assistance Program (EAP) services
- Company match on Health Savings Account contributions
- Free Basic Life and AD&D coverage equal to your annual earnings, with a minimum of $50,000 and a maximum of $300,000
- Company-paid Short-Term Disability coverage, with the option to purchase Long-Term Disability
- 401(k) Retirement Savings Plan with 100% match on the first 5% you contribute, with immediate vesting
- Paid Time Off (PTO) and Sick Leave to support work-life balance
- Team members receive nine paid holidays plus two floating holidays
- Opportunities for advancement in a company that supports personal and professional growth
- A challenging, stimulating work environment that encourages new ideas
- Work for a company that values diversity and makes deliberate efforts to create an inclusive workplace
- A mission-driven, inclusive culture where your work makes a meaningful impact
Company Overview