Job Information
Teva Pharmaceuticals Director, Government Pricing & Reporting in Parsippany, New Jersey
Director, Government Pricing & Reporting
Date: May 31, 2024
Location:
Parsippany, United States, New Jersey, 07054
Company: Teva Pharmaceuticals
Job Id: 56165
Who we are
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 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 Director, GP is expected to be a subject matter expert on all price calculations and reporting. This position will report to the Sr. Director, Business Finance. This position will provide commercial support for all Teva based US Products.
Location:This is a hybrid role based in Parsippany, NJ (in office 3 days/week). This position has the potential to be remote for candidates not located in New Jersey. Travel into Parsippany twice a month would be required in this case.
How you’ll spend your day
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 current Director of GP on the upgrade.
Business Lead on any GP impact analyses as needed, working closely with external auditors and internal/external counsel.
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 OR equivalent experience and/or a combination of direct working experience in Pharmaceuticals. MBA preferred.
Minimum 10 years of progressive experience in the pharmaceutical industry within government pricing and contracting preferred.
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, and the Patient Protection and Affordable Care 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
Core competencies.
Project Management
Knows and uses strong planning and organizing skills and practices.
Able to work well independently and as a member of a team.
Able to prioritize competing and time sensitive tasks.
Oversee the assessment of government program implications of commercial contracting activities and ensure the appropriate quantification of potential liability and risk.
Interpret regulatory requirements and provide monetary impact analysis when necessary.
Communication
Uses clear, initiative-taking and concise written and verbal communication.
Able to effectively communicate complex financial concepts to team members.
Support and counsel key stakeholders by identifying and analyzing risks and opportunities relative to government pricing and recommend plans of action to meet strategic objectives.
Leadership
Demonstrates appropriate judgment and ability to make decisions.
Professional in image, behavior, and exacting standards of performance
Is viewed as a knowledgeable, credible resource.
Collaborate closely with various stakeholders to provide documentation, analysis and expertise in support of audit and litigation requests, as well as other cross-functional projects.
Interpersonal Ability
Establishes strong relationships with internal and external customers as appropriate.
Overcomes barriers to establish successful relationships.
Business Understanding
Understands gross to net sales variables and gross margin analysis.
Demonstrates strong understanding of product discounts including cash discounts, rebates, Medicaid programs for URA impacts, trade discounts and federal discounts.
Understands pricing concepts and able to incorporate into daily activities.
Recommend and implement process improvement measures to enhance operating performance.
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.
Already Working @TEVA?
If you are a current Teva employee, please apply using the internal career site available on "Employee Central". By doing so, your application will be treated with priority. You will also be able to see opportunities that are open exclusively to Teva employees. Use the following link to search and apply:Internal Career Site (https://performancemanager.successfactors.eu/sf/careers/jobsearch?bplte_company=1080030P)
The internal career site is available from your home network as well. If you have trouble accessing your EC account, please contact your local HR/IT partner.
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.
Important notice to Employment Agencies - Please Read Carefully
Teva Pharmaceuticals USA does not accept unsolicited assistance from agencies for employment opportunities. All CVs / resumes submitted by search firms to any employee at our company without a valid written search agreement in place for this position will be deemed the sole property of our company. No fee will be paid in the event a candidate is hired by our company as a result of an agency referral where no pre-existing agreement is in place. Where agency agreements are in place, introductions are position specific. Please, no phone calls or emails.
EOE including disability/veteran