Accounting Manager - Treasury and Insurance

POSITION SUMMARY

Vertex Pharmaceuticals is seeking an Accounting Manager - Treasury & Insurance to lead the monthly close, accounting, and financial reporting activities for treasury and insurance related areas, including hedge accounting, foreign exchange, investments, debt, and captive insurance arrangements.

• Treasury Accounting:
  Own treasury accounting and month-end close deliverables for hedge accounting, foreign exchange, investments, and debt; ensure accurate journal entries and U.S. GAAP-compliant reporting.
• Collaborate on controllership/cash forecasting; provide insights into cash flow, liquidity, and financial performance.
• Partner on investment/hedging policy adherence, hedge effectiveness testing, disclosures/reporting, and audit-ready documentation.
• Primary accounting stakeholder for the Treasury Management System; optimize Kyriba Cash Accounting and Financial Accounting modules.
• Insurance Accounting:
  Own captive insurance accounting and close activities; coordinate with outsourced service provider and ensure compliance with insurance accounting principles.
• Provide accounting guidance to the Insurance team; partner on U.S. GAAP/ASC 944 disclosures.
• Core Accounting:
  Prepare/review reconciliations and provide fluctuation analysis/business explanations.
• Oversee SOX compliance; address control gaps and maintain audit-ready documentation.
• Lead automation/standardization initiatives for continuous improvement.

• Bachelor’s in Accounting, Finance, or related field (required).
• Typically 5+ years progressive corporate/public accounting experience with treasury and hedge accounting; captive insurance a plus.
• CPA/ACA/ACCA or equivalent treasury certifications highly preferred.
• Life sciences industry or Big 4 experience preferred.

• Strong U.S. GAAP/IFRS knowledge, treasury accounting, financial reporting.
• FX markets knowledge; balance sheet and cash flow hedging.
• Kyriba, Chatham, or Clearwater;
  Oracle or SAP EBS and/or Black Line.
• Self-starter; strong analytical/problem-solving, organization/time management, and communication.

• Pay range: $108,000 - $162,000.
• Eligible for annual bonus and annual equity awards.