Director, Revenue And Inventory

Location:

This position may be performed remotely, but requires the flexibility and willingness to travel as needed.

The Opportunity

Praxis Precision Medicines is a biopharmaceutical company focused on developing transformative therapies for patients with central nervous system (CNS) disorders. As we prepare to commercialize our first products, we are building a strong scalable finance and operations foundation to support long-term growth. The Director, Revenue & Inventory will sit within the Finance organization and play a critical role in establishing the accounting, operational and systems infrastructure required to support commercialization. Reporting to the SVP, Finance, this role will own revenue and inventory accounting processes, gross-to-net execution, government pricing-related accounting and the design of scalable workflows and controls.

Primary Responsibilities

• Own the design and execution of revenue and inventory accounting processes, including revenue recognition, gross-to-net deductions, inventory valuation, reserves and GL close activities, in compliance with U.S. GAAP (ASC 606) and SOX requirements.
• Establish and maintain accounting processes related to government pricing programs, including Medicaid, Medicare and other federal and state programs, in partnership with market access and other key groups across the company, ensuring accurate accruals, reporting and compliance.
• Partner closely with cross functional stakeholders and external auditors to support accounting policy development, documentation, audit readiness and ongoing compliance as the company transitions to a commercial-stage organization.
• Design and operationalize gross-to-net processes, including controls, reconciliations and data flows with third-party vendors, market access and commercial operations to ensure accurate and timely accounting.
• Build and maintain inventory accounting and operational processes in partnershi...