Job title: Director, Government Pricing
Company: Novartis
Expected salary:
Location: Princeton, NJ
Director, Government Pricing Job Details:
Job Description
2023 will potentially see Sandoz become a standalone organization! Already a global market leader in Generics and Biosimilar medicine, this is an exciting, once-in-a-career opportunity to set our own path forward as an independent, purpose-driven organization, and as the founders of a new Sandoz, this is a time of immense opportunity for us all, both professionally and personally!
Together we will shape the future of Sandoz… are you ready to make a difference?
As the Director, Government Pricing (GP), you will be responsible to lead the Sandoz Government Pricing team in validation, calculation, and analytics related to Sandoz’s participation in the following government programs to ensure compliance and integrity, along with insights to enable good business decisions:
- Medicare Part B Program
- VA Federal Supply Schedule Program
- Medicaid Drug Rebate Program
- PHS 340B Drug Discount Program
- All state reporting and compliance commitments
Your additional responsibilities include, but not limited to:
- Ensure accurate and timely GP reporting. Ensure the calculation for all the following compliantly, on time and best representative of the business transactions of Sandoz: Average Manufacture Price (AMP), Best Price (BP), Average Sales Price (ASP) non-Federal Average Manufacturer Price (nFAMP) and Federal Ceiling Price (FCP).
- Ensure the compliant and timely completion of state program and supplemental program filings within the allotted time.
- Ensure robust update and completion of SOP’s, SOX documentation and price calculation methodologies.
- Proactively identifies and resolves compliance issues, questions, or pricing requests received from other units of the company, customers, government regulatory agencies, etc.
- Partner effectively with cross-functional teams to review commercial and business licensing contracts and amendments and Pricing to assess government pricing requirements and implications (Compliance and Financial)
- Review BDL proposed deals and provides insights related to Government Pricing, Operations and proposed language that enhances compliance and profitability.
- Provide proactive and reactive analytics and insights to the business that helps improve Forecasting, Contracting Decisions, Pricing Decisions and Timing, Business Planning.
- Provide input and analysis on proposed and new Government Regulations. Leads recommendation for optimal implementation of new regulations (Systems, Process, People, and Financial). Flawless implementation of newly enacted rules and regulations.
- Expert in all aspects of Government Pricing either directly or can solve the issue through research and the team’s efforts.
- Provide excellent insights to GtN Forecasting Accuracy and Business Decisions.
- Move the Team seamlessly from GP Reporting & Compliance to GP Insights.
- Provide strong guidance to the successful implementation of Revitas GP systems.
- Actively contribute to the Company’s Compliance to US Government Commitments; Active Contributor to GP Compliance Committee deliverables and presentations; Ensure all agreed upon Work stream activities and projects are delivered effectively and on time.
- Collaborate across all internal and external stakeholders (i.e., Contract Operations, GtN and BPA Finance, Commercial leaders, BDL, Legal, Compliance, and external Legal and consultants.
The pay range for this position at commencement of employment is expected to be between $166,400 and $249,600/year; however, while salary ranges are effective from 1/1/23 through 12/31/23, fluctuations in the job market may necessitate adjustments to pay ranges during this period. Further, final pay determinations will depend on various factors, including, but not limited to geographical location, experience level, knowledge, skills and abilities. The total compensation package for this position may also include other elements, including a sign-on bonus, restricted stock units, and discretionary awards in addition to a full range of medical, financial, and/or other benefits (including 401(k) eligibility and various paid time off benefits, such as vacation, sick time, and parental leave), dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment. If hired, employee will be in an “at-will position” and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors.
Minimum requirements
- Minimum of a bachelor’s degree required.
- Minimum of 12 years’ experience, including a minimum of 5 years of government pricing experience is required.
- Minimum of 5 years of supervisory experience is required.
- Strong working knowledge of government regulations pertaining to federal and state programs is required.
- Demonstrated experience leading a high performing staff is required.
- Strong Leader that develops and motivates staff is required.
- Commercial and business licensing deal review experience preferred.
This opportunity is located at the Sandoz Princeton, NJ site, and will not have the ability to be located remotely. Preference will be given to local candidates not requiring relocation.
Commitment to Diversity & Inclusion:
Sandoz is committed to building an outstanding, inclusive work environment and diverse teams representative of the patients and communities we serve.
Accessibility and Reasonable Accommodations:
Individuals in need of a reasonable accommodation due to a medical condition or disability for any part of the application process, or to perform the essential functions of a position, please send an e-mail to [email protected] or call +1 (877)395-2339 and let us know the nature of your request and your contact information. Please include the job requisition number in your message.
Why Sandoz?
Almost 500 million patients were touched by Sandoz generic and biosimilar medicines in 2022 and while we’re proud of this, we know there is more we could do to continue to help pioneer access to medicines for people around the world.
We are at a pivotal moment in our history giving us the freedom to invest in our future so we can continue to help millions of people access affordable high-quality medicines. Together we will shape the future of Sandoz, building an organization from the ground up and in return, experience an ambitious environment with impactful, flexible-hybrid careers, where diversity is welcomed and where personal growth is encouraged!
The future is ours to shape!
Join our Sandoz Network: If this role is not suitable to your experience or career goals but you wish to stay connected to hear more about Sandoz and our career opportunities, join the Network here: https://talentnetwork.novartis.com/sandoztalentpool.
Functional Area
Audit & Finance
Division
SANDOZ
Business Unit
COMMERCIAL OPS NA SZ
Employment Type
Regular
Shift Work
No
Early Talent
No
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