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Financial Analyst job at Bausch & Lomb in Bridgewater, NJ
Title: Financial Analyst, Gross-to-Nets Location: Bridgewater, NJ Hybrid Job Description: Bausch + Lomb (NYSE/TSX: BLCO) is a leading global eye health company dedicated to protecting and enhancing the gift of sight for millions of people around the world-from the moment of birth through every phase of life. Our mission is simple, yet powerful: helping you see better, to live better. Our comprehensive portfolio of over 400 products is fully integrated and built to serve our customers across the full arenaflex of their eye health needs throughout their lives. Our iconic brand is built on the deep trust and loyalty of our customers established over our 170-year history. We have a significant global research, development, manufacturing and commercial footprint of approximately 13,000 employees and a presence in approximately 100 countries, extending our reach to billions of potential customers across the globe. We have long been associated with many of the most significant advances in eye health, and we believe we are well positioned to continue leading the advancement of eye health in the future. Reporting to the Sr. Manager, Finance, Gross-to-Nets, the Financial Analyst, Gross-to-Nets will be a key contributor within the US Controller's Organization. This role is responsible for supporting all financial activities associated with US Gross-to-Net (GTN) processes for commercial operations. The role includes month-end close responsibilities, GTN analytics, balance sheet management, and cross-functional collaboration. This role will also support special projects and process improvement initiatives as needed. Core Responsibilities ⦁ Month-End Close Activities: Prepare manual journal entries, including GTN expense accruals, true up actuals, and reclassifications, ensuring accuracy and completeness. ⦁ Balance Sheet Reconciliations: Perform monthly reconciliations of GTN balance sheet accounts and related system interfaces. Identify, investigate, and resolve reconciling items promptly, maintaining a strong understanding of each account's purpose, income statement impact, and underlying methodologies. ⦁ Actuals-to-Estimate Analysis: Evaluate key balance sheet accounts monthly to determine the need for true-arenaflex. Ensure all adjustments are supported with clear, well-documented rationale. ⦁ Reporting: Prepare and distribute month-end reporting packages to internal and external business partners with accuracy and timeliness. ⦁ GTN Rate Development: Support the development and maintenance of GTN rates for both forecasting and the accrual process. Collaborate with business partners to ensure GTN rate models aligned with the latest assumptions, methodologies, and business insights. ⦁ Cross-Functional Collaboration: Partner with functions including FP&A, Market Access, Accounting, Supply Chain, Government Pricing, and others to ensure GTN processes are aligned and information flows are accurate. ⦁ Treasury Coordination: Work closely with Treasury to ensure proper funding, issuance, and application of payments related to GTN activities. ⦁ Controls & Compliance: Maintain strong awareness of the relevant control environment and ensure all work adheres to internal control standards and SOX requirements. ⦁ Audit Support: Assist with quarterly and annual financial and SOX 404 audits, by responding to auditor inquiries and providing required documentation in a timely manner. ⦁ Special Projects: Contribute to ad hoc projects and initiatives, including process improvements and system enhancements as needed. Qualifications Education and experience level: ⦁ Required: Bachelor's degree in Accounting or Finance ⦁ Required: 3 years or more of relevant professional experience with evidence of career progression ⦁ Preferred: Experience in Accounting, Audit, or FP&A ⦁ Preferred: Pharmaceutical revenue or GTN-related experience ⦁ Preferred: CPA and/or MBA Skills & Competencies: ⦁ Strong ethical standards and professional integrity ⦁ Adaptability in a fast-paced and evolving environment ⦁ Advanced proficiency in arenaflex Office Suite (particularly Outlook and Excel) ⦁ Strong analytical and data interpretation skills ⦁ Curiosity and strong research/problem-solving abilities ⦁ Excellent attention to detail and organizational skills ⦁ Ability to work independently with a high degree of self-motivation ⦁ Clear and effective verbal and written communication skills ⦁ Ability to manage multiple priorities and meet tight deadlines This position may be available in the following location(s): Bridgewater, NJ- Hybrid All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status. For U.S. locations that require disclosure of compensation, the starting pay for this role is between $60,000.00 and $75,000.00. The estimated salary range reflects an anticipated range for this position. The actual base salary offered may depend on a variety of factors. U.S. based employees may be eligible for short-term and/or long-term incentives. They may also be eligible to participate in medical, dental, vision insurance, disability and life insurance, a 401(k) plan and company match, a tuition reimbursement program (select degrees), company holidays, and well-being benefits, among others. U.S. based employees are also eligible to receive sick time, floating holidays and paid vacation. Job Applicants should be aware of job offer scams perpetrated through the use of the Internet and social media platforms. To learn more please read Bausch + Lomb's Job Offer Fraud Statement. Our Benefit Programs: Employee Benefits: Bausch + Lomb Applicants must be authorized to work for ANY employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa at this time. Apply tot his job