Tevapharm
Sr Director, Government Pricing & Reporting
Tevapharm, Parsippany, New Jersey, us, 07054
Together, we’re on a mission to make good health more affordable and accessible, to help millions around the world enjoy healthier lives. It’s a mission that bonds our people across nearly 60 countries and a rich, diverse variety of nationalities and backgrounds. Working here means working with the world’s leading manufacturer of generic medicines, and the proud producer of many of the products on the World Health Organization’s Essential Medicines List. Today, at least 200 million people around the world take one of our medicines every single day. An amazing number, but we’re always looking for new ways to continue making a difference, and new people to make a difference with.The opportunity
The Sr. Director, Government Pricing is responsible for the company’s compliance with both the Federal Agency’s reporting requirements as well as the management of the pricing policies, customer contracts, related financial processes that directly impact government pricing and compliance. The Sr. Director, GP is expected to be a subject matter expert on all price calculations and reporting, as well as relevant gov’t legislations. This position will report to the VP, Revenue Optimization and Contract Compliance. This position will provide commercial support for all Teva based US Products.Location: This is a hybrid position based in our Parsippany, NJ headquarters.How you’ll spend your day
Major duties and responsibilities required to achieve the position’s objectives and be successful in the Sr. Director, Government Pricing role:Responsible for ensuring contract compliance in accordance with laws and regulations, while representative as an expert in Government Programs (e.g., FSS, VA/DOD, 340B) and all statutory pricing, regulations, and policy.Oversee accurate calculations and Reporting of Average Manufacturer Price (AMP), Average Selling Price (ASP), Best Price (BP), and Non-Federal AMP (NFAMP) and 340B pricing to the appropriate regulatory entities for all Company and affiliate labeler codes.Responsible for the negotiations, execution, and oversight of the FSS Contract to ensure compliance with contract terms, statutory regulations, VA guidance and Teva’s policies. This includes but is not limited to the registration & annual certification of the System for Award Management (SAM); managing the quarterly industrial funding fee (IFF) payments and sales reporting; price reduction/tracking customer monitoring; trade agreements act/country of origin reporting; CSP/MFC disclosures; request for modifications and small business plan reporting.Business Co-Lead on GP system upgrade to the Cloud, implementing new system in accordance with government regulations and internal policies. Will collaborate with the business implementation team on the GP system upgrade.Business Lead on any GP impact analyses resulting from audit fundings, new contracting terms and gov’t legislations, working closely with internal/external auditors and internal/external counsel. Monitor upcoming gov’t legislations (such as IRA, MDRP, State 340B, etc.) and assess any potential impact on gov’t pricing and Gross to Net.Work with other business functions to provide insight on government programs and monetary impact analysis resulting from price changes, contracting strategies and other business decisions affecting GP calculations.Work with SOX team and internal/external auditors on review of quarterly GP SOX controls and GP audits as needed.Your experience and qualifications
Bachelor's degree in business, Finance, Accounting, Healthcare Policy, or related field, MBA or equivalent experience, and/or a combination of direct working experience in Pharmaceuticals.Minimum 10 years of hands-on and leadership experience in the Government Pricing and Contracting roles with increased degrees of responsibility. Experience in the commercial contracting (Payers/PBMs, GPOs, Hospitals/IDNs, etc.) is a plus.Knowledge of U.S. Government pricing statutes and regulations including knowledge of OBRA 90, OBRA 93, Deficit Reduction Act, VA Healthcare Act, the Medicare Modernization Act, the Patient Protection and Affordable Care Act, and the Inflation Reduction Act.Strong analytical skills and experience with analytical tools and/or models.Strong organizational and project management skills.Strong oral, written and presentation skills to deliver effective, confident, and purposeful communications and presentations.Ability to make decisions and collaborate across business units and functional areas.Strong coaching and mentoring skills.Enjoy a more rewarding choice
We offer a competitive benefits package, including Medical, Dental, Vision, and Prescription coverage starting on the first day. We also offer Disability and Life Insurance, Paid Time Off, 13 paid Holidays, 6% match on the 401(k), Employee Stock Purchase Plan, and Tuition Assistance.Teva’s Equal Employment Opportunity Commitment
Teva Pharmaceuticals is committed to equal opportunity in employment. It is Teva's global policy that equal employment opportunity be provided without regard to age, race, creed, color, religion, sex, disability, pregnancy, medical condition, sexual orientation, gender identity or expression, ancestry, veteran status, national or ethnic origin or any other legally recognized status entitled to protection under applicable laws. We are committed to a diverse and inclusive workplace for all. If you are contacted for a job opportunity, please advise us of any accommodations needed to support you throughout the recruitment and selection process. All accommodation information provided will be treated as confidential and used only for the purpose of providing an accessible candidate experience.
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The Sr. Director, Government Pricing is responsible for the company’s compliance with both the Federal Agency’s reporting requirements as well as the management of the pricing policies, customer contracts, related financial processes that directly impact government pricing and compliance. The Sr. Director, GP is expected to be a subject matter expert on all price calculations and reporting, as well as relevant gov’t legislations. This position will report to the VP, Revenue Optimization and Contract Compliance. This position will provide commercial support for all Teva based US Products.Location: This is a hybrid position based in our Parsippany, NJ headquarters.How you’ll spend your day
Major duties and responsibilities required to achieve the position’s objectives and be successful in the Sr. Director, Government Pricing role:Responsible for ensuring contract compliance in accordance with laws and regulations, while representative as an expert in Government Programs (e.g., FSS, VA/DOD, 340B) and all statutory pricing, regulations, and policy.Oversee accurate calculations and Reporting of Average Manufacturer Price (AMP), Average Selling Price (ASP), Best Price (BP), and Non-Federal AMP (NFAMP) and 340B pricing to the appropriate regulatory entities for all Company and affiliate labeler codes.Responsible for the negotiations, execution, and oversight of the FSS Contract to ensure compliance with contract terms, statutory regulations, VA guidance and Teva’s policies. This includes but is not limited to the registration & annual certification of the System for Award Management (SAM); managing the quarterly industrial funding fee (IFF) payments and sales reporting; price reduction/tracking customer monitoring; trade agreements act/country of origin reporting; CSP/MFC disclosures; request for modifications and small business plan reporting.Business Co-Lead on GP system upgrade to the Cloud, implementing new system in accordance with government regulations and internal policies. Will collaborate with the business implementation team on the GP system upgrade.Business Lead on any GP impact analyses resulting from audit fundings, new contracting terms and gov’t legislations, working closely with internal/external auditors and internal/external counsel. Monitor upcoming gov’t legislations (such as IRA, MDRP, State 340B, etc.) and assess any potential impact on gov’t pricing and Gross to Net.Work with other business functions to provide insight on government programs and monetary impact analysis resulting from price changes, contracting strategies and other business decisions affecting GP calculations.Work with SOX team and internal/external auditors on review of quarterly GP SOX controls and GP audits as needed.Your experience and qualifications
Bachelor's degree in business, Finance, Accounting, Healthcare Policy, or related field, MBA or equivalent experience, and/or a combination of direct working experience in Pharmaceuticals.Minimum 10 years of hands-on and leadership experience in the Government Pricing and Contracting roles with increased degrees of responsibility. Experience in the commercial contracting (Payers/PBMs, GPOs, Hospitals/IDNs, etc.) is a plus.Knowledge of U.S. Government pricing statutes and regulations including knowledge of OBRA 90, OBRA 93, Deficit Reduction Act, VA Healthcare Act, the Medicare Modernization Act, the Patient Protection and Affordable Care Act, and the Inflation Reduction Act.Strong analytical skills and experience with analytical tools and/or models.Strong organizational and project management skills.Strong oral, written and presentation skills to deliver effective, confident, and purposeful communications and presentations.Ability to make decisions and collaborate across business units and functional areas.Strong coaching and mentoring skills.Enjoy a more rewarding choice
We offer a competitive benefits package, including Medical, Dental, Vision, and Prescription coverage starting on the first day. We also offer Disability and Life Insurance, Paid Time Off, 13 paid Holidays, 6% match on the 401(k), Employee Stock Purchase Plan, and Tuition Assistance.Teva’s Equal Employment Opportunity Commitment
Teva Pharmaceuticals is committed to equal opportunity in employment. It is Teva's global policy that equal employment opportunity be provided without regard to age, race, creed, color, religion, sex, disability, pregnancy, medical condition, sexual orientation, gender identity or expression, ancestry, veteran status, national or ethnic origin or any other legally recognized status entitled to protection under applicable laws. We are committed to a diverse and inclusive workplace for all. If you are contacted for a job opportunity, please advise us of any accommodations needed to support you throughout the recruitment and selection process. All accommodation information provided will be treated as confidential and used only for the purpose of providing an accessible candidate experience.
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