Senior Commercial Accountant

Rigel is seeking a Senior Commercial Accountant to support its growing business. This role will report to the Revenue Director and play a key role in revenue accounting, accounts receivable, and inventory accounting, distributor/channel activity, gross‑to‑net support, and commercial analytics.

This position will support the monthly and quarterly financial close, audit and SOX compliance activities, and reporting requirements in a publicly traded biotech environment. The role will also provide exposure to gross‑to‑net, government pricing, and pricing‑related analysis, with the opportunity to take on increasing ownership of GTN components and commercial product support over time.

Salary Range: $120,000 to $145,000

• Commercial Accounting, Revenue Close & Reporting
• Support monthly and quarterly revenue close activities in accordance with revenue recognition guidance, including ASC 606.
• Prepare and record journal entries related to product revenue, reserves, allowances, accounts receivable, inventory, and other commercial accounting areas.
• Perform account reconciliations and flux analyses for revenue, AR, inventory, GTN, and other commercial‑related accounts.
• Assist in the review and analysis of gross‑to‑net estimates, including rebates, chargebacks, returns, and other deductions.
• Support the monthly reporting requirements under the Company’s credit facility.
• Assist with the financial close process and related internal reporting requirements.
• Support internal and external audit requests and SOX compliance activities related to revenue and commercial accounting.
• Accounts Receivable, Customer & Channel Accounting
• Manage and monitor accounts receivable activities, including invoicing, collections, aging analysis, and customer account follow‑up.
• Partner with internal stakeholders and customers to resolve billing, payment, deduction, and other AR‑related discrepancies.
• Support accounting for distribution channels, including specialty pharmacy and wholesale activity.
• Assist in understanding and analyzing commercial activity, including revenue drivers, customer activity, and deductions.
• Inventory & Supply Chain Accounting
• Support inventory accounting, including reconciliations, reserves, and inventory‑related journal entries.
• Coordinate with Supply Chain and other internal teams to understand inventory activity, product movement, reserves, and related accounting impacts.
• Perform standard cost analysis and calculations.
• Assist with inventory‑related close activities, reporting, and analysis.
• Support the Director of Revenue in GTN forecasting, true‑ups, reserve analysis, and related reporting.
• Assist with data gathering and validation for government pricing programs, including Medicaid, PHS/340B, VA/FSS, and other applicable programs.
• Review contracts and contract amendments, as needed, to assess accounting and financial impacts.
• Provide support in the preparation of Pricing Committee materials and other scenario planning analyses.
• Over time, take on increasing ownership of GTN components, including responsibility for preparing GTN calculations for at least one commercial product with guidance.
• Partner with Commercial, Market Access, Supply Chain, FP&A, and other internal teams to understand drivers of revenue, deductions, inventory, and commercial performance.
• Process Improvement & Automation
• Support process improvement and automation initiatives across commercial accounting, revenue, GTN, inventory, and reporting processes.
• Help identify opportunities to improve accuracy, efficiency, controls, analytics, and business insights.
• Assist in leveraging systems, data analytics, and automation tools to streamline workflows and enhance forecasting, reserve estimation, and reporting processes.

• Qualifications

- Bachelor’s degree in accounting or finance (CPA or CPA‑eligible preferred)

- 5–7+ years of relevant experience (public accounting and/or industry experience)

- Experience with revenue accounting, AR, or commercial accounting required

- Exposure to life sciences / biotech / pharmaceutical industry strongly preferred

- Familiarity with GTN, chargebacks, or rebates is a…