Senior Director, Revenue and Cost Accounting

Join the Corcept team and be at the center of cortisol modulation.
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Redwood City, California, United States

Our commercial portfolio includes treatments for hypercortisolism and oncology, and the company has discovered more than 1,000 proprietary selective cortisol modulators and glucocorticoid receptor antagonists. With advanced clinical trials in patients with hypercortisolism, solid tumors, ALS and liver disease, Corcept is unlocking the power of cortisol modulation to help address some of the most devastating diseases patients face today.

Corcept is headquartered in Redwood City, California. To learn more, visit  .

This position is designed for an accounting professional with relevant experience, preferably in the biotech/pharmaceutical environment. This person oversees revenue and cost accounting for the Endocrinology and Oncology divisions. This position will report to the VP, Corporate Controller, and will manage a team of experienced accounting professionals.

Responsibilities:

Revenue

• Own and lead the end-to-end revenue close process in accordance with GAAP, ensuring accuracy, compliance, and integrity of all revenue-related financial data
• Oversee and approve journal entries, gross-to-net adjustments, and accounts receivable reconciliations
• Review mid-month revenue reporting and supporting documentation for SEC Reporting
• Drive automation and system enhancements within Net Suite to streamline revenue and AR-related transactions and reporting
• Oversee processing and validation of gross-to-net payments, including government rebates, prompt pay discounts, service fees, and other deductions
• Review and ensure accuracy of all government pricing calculations (e.g., NFAMP, AMP verification, PHS pricing) in alignment with regulatory requirements
• Review of government-related contracts, such as VA contract
• Maintain and strengthen strategic partnerships with 3PL providers and government pricing vendors to support efficient and compliant operations
• Lead revenue-related work streams for new product launches across U.S. and international markets, ensuring scalable processes are in place from day one
• Collaborate with specialty pharmacies and 3PL partners to define reporting requirements, data flows, and business logic to ensure accurate, timely, and consistent revenue recognition and reporting

Cost Accounting

• Oversee full cycle inventory accounting, which includes manufacturing accruals, E&O, and ST/LT analysis, inventory reconciliation, and physical inventory count
• Review timely and accurate reports and analyses of inventory balances and COGs
• Ensure accurate product cost data is maintained across accounting and financial planning systems to support monthly close and reconciliation processes
• Review analysis and support for manufacturing budgets and forecasts, and cost models for future products
• Oversee quarterly overhead allocation reviews to ensure accuracy and alignment with operational activity
• Serve as a strategic finance partner to the Manufacturing team, providing recommendations to improve cost transparency, support cost-reduction strategies, and enhance operational decision-making
• Actively participate in supplier meetings to understand key cost drivers and contribute to sourcing and production discussions with financial insights
• Continue to identify opportunities to streamline the cost accounting process, including evaluating standard costing and system automation opportunities to improve efficiency, accuracy, and scalability

General

• Provide strategic oversight and leadership in the preparation and support of all internal and external audits, including ensuring full compliance with Sarbanes-Oxley (SOX) Section 404
• Lead the…