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  1. Home
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  5. Treasury and Insurance Accounting Manager
Vertex Pharmaceuticals logo

Treasury and Insurance Accounting Manager

Not Disclosed•Full-TimeHybrid

location_onMayor's Walk, Beacon Hill, Boston, Suffolk County, Massachusetts, 02108, United States

Apply Now

Vertex Pharmaceuticals is a global biotechnology company dedicated to investing in scientific innovation to develop transformative medicines for people with serious diseases. As part of our Global Accounting organization, we are seeking a highly motivated Treasury & Insurance Accounting Manager to lead critical financial reporting activities.

This role is designed to be a transformation-oriented partner within a highly cross-functional environment. You will work closely with Treasury, Insurance, Technical Accounting, FP&A, Tax, and external auditors to maintain a robust control environment, ensure U.S. GAAP compliance, and drive process efficiency through systems and automation. The ideal candidate will bring strong accounting judgment and a continuous improvement mindset, translating complex treasury and insurance activities into clear, well-documented accounting conclusions and disclosures.

In this position, you will own the monthly close and financial reporting for treasury and insurance areas, including hedge accounting, foreign exchange, investments, debt, and captive insurance arrangements. You will act as the primary accounting stakeholder in the development and optimization of our Treasury Management System, focusing on enhancing the functionality of Kyriba's Cash Accounting and Financial Accounting modules. Additionally, you will oversee SOX compliance, lead initiatives to automate and standardize processes, and provide insights into cash flow, liquidity, and financial performance.

We offer a competitive compensation package including an annual bonus and equity awards, along with inclusive market-leading benefits. Our Total Rewards program supports employees throughout their career, financial, family, and wellbeing journeys, offering medical, dental, and vision benefits, generous paid time off (including a week-long company shutdown in the Summer and Winter), educational assistance, student loan repayment, a commuting subsidy, and matching charitable donations.

This role is Hybrid-Eligible, allowing you to choose a designation of Hybrid (working remotely up to two days per week) or On-Site (working five days per week on-site with ad hoc flexibility). Please note that flex status is subject to Vertex's Policy on Flex @ Vertex Program and may be changed at any time.

Vertex is committed to equal employment opportunity and non-discrimination for all employees and qualified applicants without regard to race, color, sex, gender identity or expression, age, religion, national origin, ancestry, ethnicity, disability, veteran status, genetic information, sexual orientation, marital status, or any characteristic protected under applicable law. We are an E-Verify Employer in the United States and will make reasonable accommodations for qualified individuals with known disabilities in accordance with applicable law. Any applicant requiring an accommodation in connection with the hiring process should contact Talent Acquisition at ApplicationAssistance@vrtx.com.

Skills, education and keywords

Skills: Kyriba, Blackline, Oracle, Sap, Chatham, Clearwater, Ebs, Hedge Accounting, Foreign Exchange, Captive Insurance.

Education: Bachelor's degree in Accounting, Finance, or related field required.

Frequently asked questions about Treasury and Insurance Accounting Manager at Vertex Pharmaceuticals

What does a Treasury and Insurance Accounting Manager at Vertex Pharmaceuticals do?expand_more
A Treasury and Insurance Accounting Manager at Vertex Pharmaceuticals is responsible for the following: Lead monthly close and financial reporting for treasury and insurance areas; Manage hedge accounting, foreign exchange, investments, and debt activities; Prepare and review account reconciliations with fluctuation analysis; and Partner with Treasury and Technical Accounting on policy adherence and testing.
What are the requirements for this Treasury and Insurance Accounting Manager role?expand_more
To qualify for the Treasury and Insurance Accounting Manager at Vertex Pharmaceuticals position, applicants should have: Bachelor's degree in Accounting, Finance, or related field; 5+ years of relevant experience in corporate or public accounting; CPA, ACA, ACCA, or equivalent treasury certifications preferred; Strong understanding of U.S. GAAP and IFRS; Knowledge of FX markets and hedging; and Experience with Kyriba, Chatham, or Clearwater.
Where is the Treasury and Insurance Accounting Manager role at Vertex Pharmaceuticals located?expand_more
Treasury and Insurance Accounting Manager at Vertex Pharmaceuticals is based in Mayor's Walk, Beacon Hill, Boston, Suffolk County, Massachusetts, 02108, United States. This is a hybrid role.
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Work location

Work model: Hybrid

location_on

Mayor's Walk, Beacon Hill, Boston, Suffolk County, Massachusetts, 02108, United States

Boston, Massachusetts

Key Responsibilities

  • check_circleLead monthly close and financial reporting for treasury and insurance areas
  • check_circleManage hedge accounting, foreign exchange, investments, and debt activities
  • check_circlePrepare and review account reconciliations with fluctuation analysis
  • check_circlePartner with Treasury and Technical Accounting on policy adherence and testing
  • check_circleOptimize Treasury Management System functionality including Kyriba modules
  • check_circleOwn SOX compliance and maintain audit-ready documentation for controls
  • check_circleOversee captive insurance accounting and coordinate with outsourced providers
  • check_circleDrive automation and standardization of treasury and insurance processes

Requirements

  • verifiedBachelor's degree in Accounting, Finance, or related field
  • verified5+ years of relevant experience in corporate or public accounting
  • verifiedCPA, ACA, ACCA, or equivalent treasury certifications preferred
  • verifiedStrong understanding of U.S. GAAP and IFRS
  • verifiedKnowledge of FX markets and hedging
  • verifiedExperience with Kyriba, Chatham, or Clearwater
  • verifiedExperience with Oracle, SAP, or Blackline

Nice to Have

Experience with captive insurance accounting. CPA, ACA, ACCA, or equivalent treasury certifications. Experience in the life sciences industry or with a Big 4 accounting firm.

Benefits & Perks

check_circleMedical, dental, and vision benefitscheck_circleGenerous paid time off including a week-long company shutdown in Summer and Wintercheck_circleEducational assistance programs including student loan repaymentcheck_circleGenerous commuting subsidycheck_circleMatching charitable donationscheck_circle401(k) plancheck_circleAnnual bonus eligibilitycheck_circleAnnual equity awards eligibility
Vertex Pharmaceuticals logo
Company

Vertex Pharmaceuticals

Industry

accounting & finance

View company profilearrow_forwardlanguageWebsite
Quick Overview

Experience

5+ yrs (Senior)

Education

Bachelor's degree in Accounting, Finance, or related field required

Job Type

Full-Time

Skills Required

KyribaBlacklineOracleSapChathamClearwater
Is this Treasury and Insurance Accounting Manager job remote, hybrid, or on-site?expand_more
Vertex Pharmaceuticals has listed this Treasury and Insurance Accounting Manager role as hybrid.
How much experience is required for this Treasury and Insurance Accounting Manager role?expand_more
Treasury and Insurance Accounting Manager at Vertex Pharmaceuticals typically requires 5+ years of relevant experience at the senior level.
What skills do you need for the Treasury and Insurance Accounting Manager role at Vertex Pharmaceuticals?expand_more
Key skills for Treasury and Insurance Accounting Manager at Vertex Pharmaceuticals include Kyriba; Blackline; Oracle; Sap; Chatham; Clearwater; Ebs; and Hedge Accounting.
What education is required for Treasury and Insurance Accounting Manager at Vertex Pharmaceuticals?expand_more
Educational requirements for this role: Bachelor's degree in Accounting, Finance, or related field required.
What category does the Treasury and Insurance Accounting Manager role belong to?expand_more
Treasury and Insurance Accounting Manager at Vertex Pharmaceuticals is part of the accounting & finance job category on Recrutus.
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Ebs
Hedge Accounting
Foreign Exchange
Captive Insurance