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Genmab Manager, Finance OTC Trade AR & Credit in Princeton, New Jersey

At Genmab, we're committed to building extra[not]ordinary futures together, by developing antibody products and pioneering, knock-your-socks-off therapies that change the lives of patients and the future of cancer treatment and serious diseases. From our people who are caring, candid, and impact-driven to our business, which is innovative and rooted in science, we believe that being proudly unique, determined to be our best, and authentic is essential to fulfilling our purpose.

The Role

The Trade Accounts Receivable (AR) Finance & Credit Manager is a key member of the US Accounting Operations Leadership Team responsible for the US Commercial Order-To-Cash (OTC) operations and accounting. This dynamic individual contributor role will play a core role in managing day-to-day Genmab Trade Accounts Receivable operations, which includes customer credit risk management and active oversight of 3PL collection management, deduction management, and cash applications. The role partners closely with US Market Revenue Finance, US Market Trade Operations, Accounting Operations, and our 3PL OTC service partner to ensure proper receivables management, business continuity, working capital optimization, and SOX compliance.

The OTC Trade AR Finance & Credit Manager will be responsible for leading, delivering, and continually improving scalable Trade AR end-to-end processes and performance results to ensure operational excellence and to support continued growth centered on Genmab's 2030 Vision. This critical role will represent Genmab as the main finance point of contact with the 3PL for the management and execution of day-to-day AR/Credit inquiries and issue resolution, compliance with grant of authority SOX requirements, and reconciliation of data between the 3PL system and SAP.

Additional responsibilities and special projects may be assigned based on the needs of the business.

The role will be based in Princeton, NJ and will report to the Senior Director, US Commercial Order to Cash Accounting and Payroll Operations with a dotted line to the US Market Revenue Finance team.

Responsibilities
Lead trade accounts receivable operational management by partnering externally with our 3PL partner and internally with US Market Revenue Finance, US Market Trade Operations, External Reporting, and Accounting Operations.
Serve as the primary point of contact for the 3PL to cross functionally triage and resolve inquiries around customer deductions, credit limits/order holds, bad debt reserves/write-offs, and cash application.
Perform financial analyses and background reviews of targeted and existing customers to develop credit recommendations to management based on actual trends, sales forecast data, customer payment terms, and 3rd party credit agency reports.
Proactively monitor customer credit exposure and potential customer credit hold blocks by working with 3PL partner to minimize AR aging activity.
Prepare, analyze, and deliver Weekly Trade AR Performance Dashboard reporting, analytics, and KPI's to identify invalid deductions/potential disputes and minimize potential bad debt.
Ensure SOX controls are properly designed and operating effectively throughout the year.
Support the monthly and quarterly accounting close and reporting process by preparing AR balance sheet account reconciliations, quarterly footnote support and analytical commentary, analyzing Trade AR customer sub-ledger activity to minimize bad debt risk by partnering with 3PL provider to ensure timely and effective customer follow ups, perform system tie-outs, deliver SOX compliance, and perform ad hoc analyses as deemed necessary.
Utilize D&B's Finance Analytics tool to provide customer insight and proactive credit risk awareness when assessing customer credit decisions.
Participate in internal and external audit reviews and process walkthroughs as needed.
Identify and participate in process improvement initiatives as needed.


Requirements
5 years of hands-on Financial Accounting experience in a multi-national publicly traded organization (US pharmaceutical industry experience is a plus)
BA or BS degree
Advanced experience delivering Trade AR OTC operations and accounting
Strong business partnering skillset with a track record of working and communicating effectively with internal/external and cross functional stakeholders
Excellent business and financial acumen, with strong analytical skills and end-to-end process improvement mindset
Superior verbal and written communication skills
Self-starter with proven ability to work and influence change cross-functionality at all levels
Advanced excel skills and comfort learning and implementing new systems
Executive presence and ability to interact effectively with executive management
Ability to thrive in a high growth, fast paced environment with the need to manage multiple, sometimes conflicting priorities, to achieve desired outcomes
Strong internal control SOX knowledge and experience
SAP experience, preferred
Experience working with a 3PL OTC service provider, preferred
Experience with Dun & Bradstreet, preferred


For US based candidates, the proposed salary band for this position is as follows:

$91,875.00---$153,125.00

The actual salary offer will carefully consider a wide range of factors, including your skills, qualifications, experience, and location. Also, certain positions are eligible for additional forms of compensation, such as bonuses.

About You
You are passionate about our purpose and genuinely care about our mission to transform the lives of patients through innovative cancer treatment
You bring rigor and excellence to all that you do. You are a fierce believer in our rooted-in-science approach...

Equal Opportunity Employer - minorities/females/veterans/individuals with disabilities/sexual orientation/gender identity

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