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Director, Accounting Systems & Consolidation (Hybrid)

Director, Accounting Systems & Consolidation (Hybrid)

Vertex Pharmaceuticals IncorporatedBoston, MA, United States
4 days ago
Job type
  • Full-time
Job description

Job Description

General Summary

Vertex is seeking a hands-on, experienced consolidations leader with accounting systems and process expertise to join our Global Accounting organization. The Director, Accounting Systems & Consolidation will oversee the global close and consolidation process and drive accounting system and financial reporting excellence. In addition, the Director will closely partner with IT and other stakeholders to maintain and enhance our key accounting systems and applications such as HFM, Oracle EBS, and Blackline. This newly established role is ideal for a motivated leader who can effectively lead our small team of experienced professionals to align diverse stakeholders, foster collaboration, and deliver innovative solutions to advance our consolidation processes and accounting systems.

Key Duties and Responsibilities

  • Drive process excellence for the monthly, quarterly, and yearly close and consolidation process, working closely with the appropriate stakeholders (global accounting, tax, treasury, finance and shared services) to ensure timely and accurate financial results
  • Develop and execute strategy for various consolidation initiatives, such as intercompany automation, cloud-based applications, and RPA bots
  • Partnering with Vertex's IT organization, maintain and support our key accounting systems and applications such as HFM, Oracle EBS, and Blackline, including change management for upgrades and enhancements
  • Collaborate with global partners to formulate enhancement options to address specific functional issues / requirements
  • Manage and oversee completeness and accuracy of system eliminations for intercompany balance sheet and income statement activity
  • Develop and monitor metrics and key performance indicators that drive best practices
  • Assist in the development of the overall Accounting Systems roadmap
  • Effectively lead team of 4 experienced professionals; mentor, develop, retain and recruit high potential talent

Knowledge and Skills

  • Expertise with complex integrated financial reporting systems, inclusive of HFM, Hyperion ESSbase and Oracle EBS
  • Knowledge of financial consolidation, accounting for intercompany and foreign currency translations, eliminations, reporting for monthly and quarterly closes, general ledgers, hierarchies and data structures
  • Direct management of governance and finance system compliance in accordance with company policies, standards and SOX requirements
  • Strong systems mindset and understanding of accounting system workflows
  • Applies knowledge and understanding of financial and US GAAP accounting principles to systems and business processes
  • Ability to interact and partner with all levels of management to help drive collaborative business decisions
  • Possesses interpersonal and organizational skills, high energy level and strong work ethic
  • Able to anticipate change and respond to client priorities, demonstrating a "can do" attitude
  • Excellent written and verbal communication skills including the ability to succinctly convey relevant information across multiple levels of the organization
  • Finance process excellence or Six-Sigma experience a significant plus
  • Education and Experience

  • Bachelor's degree in either Accounting, Finance, Information Technology, Business or a related field
  • Typically requires 10+ years of experience in finance or accounting with a large, complex, multinational organization
  • Big 4 experience and life science industry experience is preferred
  • CPA or equivalent certifications are desirable
  • A track record of success working in a team-based environment
  • Pay Range

    $173,600 - $260,300

    Disclosure Statement

    The range provided is based on what we believe is a reasonable estimate for the base salary pay range for this job at the time of posting. This role is eligible for an annual bonus and annual equity awards. Some roles may also be eligible for overtime pay, in accordance with federal and state requirements. Actual base salary pay will be based on a number of factors, including skills, competencies, experience, and other job-related factors permitted by law.

    At Vertex, our Total Rewards offerings also include inclusive market-leading benefits to meet our employees wherever they are in their career, financial, family and wellbeing journey while providing flexibility and resources to support their growth and aspirations. From medical, dental and vision benefits to generous paid time off (including a week-long company shutdown in the Summer and the Winter), educational assistance programs including student loan repayment, a generous commuting subsidy, matching charitable donations, 401(k) and so much more.

    Flex Designation

    Hybrid-Eligible Or On-Site Eligible

    Flex Eligibility Status

    In this Hybrid-Eligible role, you can choose to be designated as :

    1. Hybrid : work remotely up to two days per week; or select

    2. On-Site : work five days per week on-site with ad hoc flexibility.

    Note : The Flex status for this position is subject to Vertex's Policy on Flex @ Vertex Program and may be changed at any time.

    Company Information

    Vertex is a global biotechnology company that invests in scientific innovation.

    Vertex is committed to equal employment opportunity and non-discrimination for all employees and qualified applicants without regard to a person's race, color, sex, gender identity or expression, age, religion, national origin, ancestry, ethnicity, disability, veteran status, genetic information, sexual orientation, marital status, or any characteristic protected under applicable law. Vertex is an E-Verify Employer in the United States. Vertex will make reasonable accommodations for qualified individuals with known disabilities, in accordance with applicable law.

    Any applicant requiring an accommodation in connection with the hiring process and / or to perform the essential functions of the position for which the applicant has applied should make a request to the recruiter or hiring manager, or contact Talent Acquisition at ApplicationAssistance@vrtx.com.

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