Senior Accountant
At Daiichi Sankyo, we are united by a single purpose, to improve lives around the world through innovative medicines. With a legacy of innovation since 1899, a presence in more than 30 countries, and more than 19,000 employees, we are advancing breakthrough therapies in oncology, cardiovascular disease, rare diseases, and immune disorders. Guided by our 2030 vision to "be an innovative global healthcare company contributing to the sustainable development of society", we are shaping a healthier, more hopeful future for patients, their families, and society. Job Summary Perform all Accounting responsibilities as it relates to specific areas of responsibility including, but not limited to, journal entries, analysis, and policy implementation. Areas of responsibility will consist of a sub-section of the areas listed in item 6 below and will include additional responsibilities specific to those areas. Job Description Responsibilities Perform Monthly and Quarterly Accounting close responsibilities for respective areas: Maintain thorough understanding of respective areas, including any relevant legal agreements to ensure accurate financial statement presentation Develop two-way relationships with business partners in areas impacting your financial statement responsibilities and understand upcoming changes that will impact your areas Proactively share knowledge and provide explanations to the financial charges/impact that is materially different from previous trends Obtain relevant financial data and reporting from respective groups, analyze impact to financial statements Prepare journal entries using SAP and/or Winshuttle for respective areas, ensuring appropriate support is included Perform post-close reconciliations: Reconcile respective General Ledger accounts to sub-accounts and/or supporting schedules/reports Analyze balances and ensure accuracy of the General Ledger Prepare any necessary subsequent month adjustments Maintain clear documentation of the purpose of the reconciliation and all documentation supporting the related GL balance Provide quarterly management reporting for Tokyo On a quarterly basis, prepare additional schedules detailing GL balances for your respective areas. Reconcile these schedules to the GL and supporting documentation prior to submitting to Tokyo Develop and maintain all required reports to support the quarterly submissions Support audit requirements: Maintain and update internal control narrative documentation and perform process walk-throughs with Internal Audit Provide Internal Audit with evidence supporting J-Sox controls Prepare narrative analyses for respective areas supporting External Audit quarterly analytical requirements Support the Senior Director, Corporate Accounting in providing External Audit supporting document requests, ensuring all documentation properly supports testing areas for Quarterly Reviews and Annual Audit Other Responsibilities: Research and maintain current knowledge of most recent accounting pronouncements as it relates to areas of responsibility Work closely with finance partners, understanding their budget responsibilities and provide clear communication of financial impacts to them for areas of responsibility (e.g. ensure understanding of new contracts or process changes) Evaluate current processes and provide recommendations to the Senior Director, Corporate Accounting for potential process improvements Participate in special projects that impact your scope of responsibility Responsibilities Continued • Areas of responsibility will include a subsection of the areas below. There are additional requirements specific to each area, some of which are highlighted below: Cash oEnsure compliance with State escheat requirements oResearch statement activity to ensure accurate postings to GL accounts and respective brands/cost centers oProvide tax group with supporting schedules detailing realized and unrealized gains as requested Payroll oWork closely with the DSI payroll team to understand ADP system logic, deductions, etc. to ensure proper accounting treatment oEnsure proper reclassifications of Ex-pat earnings to appropriate cost centers based on contractual terms Liabilities oAccount for Annual Incentive Plan (AIP), Long-term Incentive Plan (LTIP), Deferred Comp, Rabbi Trust, and other HR type accruals oCalculate BPF estimate Fixed Assets oPerform lease accounting for DSUS Holding group oSettle capital spend, create, write-off or impair assets as appropriate, ensuring Fixed Asset sub-ledger is maintained and run depreciation. Cost Accounting oMaintain standard costs for all DSI products, calculate and monitor variances oMaintain master data for all accounting areas related to cost accounting (materials master for finished goods, WIP, etc.) oDevelop reserves for obsolete, damaged or slow-moving inventory oCalculate the translation of COGS at management value vs. legal value Revenue/Gross-to-Net oObtain and record all co-promotional activity (DPP, revenue, royalty, etc.) oAdjust rebate provisions on a quarterly basis and work with Finance team to provide a preliminary estimate of that adjustment oReview and provide auditors with SOC1 documents for third party logistics providers (e.g. SPS) oMaintain and develop rebate model in Anaplan system Research & Development Accruals oReview and monitor accruals for research and development projects oPrepare project expense reporting for management review and provide related reporting information to Tokyo R&D Finance Intercompany oMaintain and run internal cost allocation and intercompany billing based upon agreed upon methodology oPrepare all Intercompany Invoices for affiliated entities and reconcile balances with all DS entities Qualifications Education Qualifications Bachelor's Degree in Accounting or Finance required Advanced degree or relevant certification preferred Experience Qualifications 4 or More Years prior experience with IFRS preferred Travel Requirements Ability to travel up to 10% of the time. Additional Information Daiichi Sankyo, Inc. is an equal opportunity/affirmative action employer. Qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected veteran status, age, or any other characteristic protected by law. Salary Range: USD$92.160,00 - USD$138.240,00 Download Our Benefits Summary PDF
