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Revenue Accountant

Category Finance City Maple Grove State Minnesota

The Revenue Accountant will be responsible for the gross to net revenue accounting related to sales reserves and associated profit and loss impact. The position will also assist in administering various customer rebates and ensuring corresponding accruals are accurately maintained.

Essential Duties

  • Analysis of complex gross to net revenue reserves for reasonableness.

  • Prepare monthly account reconciliations with appropriate supporting backup.

  • Monthly report preparation of gross to net revenue and analysis of changes.

  • Analysis and development of rates for revenue reserve accruals for actual and planning.

  • In depth understanding of accounting system and business processes.

  • Development and execution of internal controls.

  • Audit support, as needed, on quarterly and annual basis.

  • Understand how rebates are set and operate, working closely with Contracts Team.

  • Review credit memo preparation for accuracy.

  • Calculate quarterly profit share and/or royalty payments and prepare statements for partners

  • Review rebate balances to ensure credits have been issued timely and accruals are adjusted.

  • Respond to customer and commercial inquiries.

  • Identify continuous improvement projects.


A Bachelor’s degree in accounting is required. A minimum of 2+ years of accounting experience is required to include a good understanding of reserve liability accounting. Public accounting experience is a plus. CPA or CMA or equivalent would be a plus. A solid understanding of ERP systems, preferably SAP.

Other knowledge, skills and abilities:

Excellent Excel and data manipulation skills with desire to continue learning. Strong interpersonal and organizational skills. Strong verbal and written communication skills. Ability to multi-task, work under pressure, and meet tight deadlines required. Ability to offer solutions to emerging problems.

Upsher-Smith Laboratories, LLC. is committed to providing equal employment opportunity to all applicants and employees according to all applicable equal opportunity and affirmative action laws, directives and regulations of federal, state and local governing bodies and agencies. In keeping with this commitment, Upsher-Smith Laboratories, LLC. will recruit, hire, train and promote persons in all job titles, without regard to race, color, creed, religion, sex (including factors related to pregnancy or child birth), national origin, age, marital status, familial status, disability, sexual orientation, gender identity status with regard to public assistance, employment status, local human rights commission activity, status as a protected veteran, genetic information, atypical hereditary cellular or blood trait, or any other protected category.
Job ID 8070

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