Reporting to the Senior Director of Pricing, Contracts, and Distribution, the Associate Director/ Director Pricing & Contracting will be responsible for validating
Government pricing, assisting in facilitating contract renewals/amendments, and other responsibilities as they arise.
This role is based in our Lexington, MA office and requires employees to be onsite five days per week.
Responsibilities (including, but not limited to):- Calculate and file appropriate prices for the federal drug programs. Prices include, BP, AMP, ASP, PHS/340B, NFAMP, FCP/FSS, IFF, and URA
- Lead price calculation reporting including list prices, annual cost calculations, etc.
- Complete yearly SAMs registration and Small Business Contracting Plan, when needed
- Familiar with the Public Law process, review and validate pricing and RFMs are prepared accurately before submission
- Ensure Public Law reporting deadlines are met
- Oversee the government pricing analysis and review monthly and quarterly source data to reconcile sales data used in price reporting calculations and ensure reports are submitted in accordance with government regulations.
- Responsible for maintaining valid customer Class of Trades assignments in accordance with regulations.
- Ensure that 340B/PHS prices are calculated, available for pricing and maintained per the federal regulation
- Maintain/update all pricing in 3PL and pricing compendia's
- Stay current on any changes impacting government pricing
- Continuously monitoring US pricing and government program developments such as IRA, and build detailed subject matter expertise and thought leadership in area of government program regulations at the Federal and State levels
- Ability to analyze pricing analogs and create appropriate pricing reports
- Ability to learn other related tasks like contract reviews, inventory management, etc.
- Work effectively & collaboratively with a host of internal cross-functional partners, and develop and cultivate relationships with key external stakeholders, including specialty pharmacies, key vendors for distribution, dispensing, patient services, and government pricing vendor
Qualifications and Experience:- 4+ years' experience working in the pharmaceutical industry working with state and federal pricing, reporting, and rebate programs, is required
- Bachelor's Degree required in finance, accounting, or other applicable business experience
- Experience in working in mandated deadline environment; effective in managing multiple client assignments; ability to prioritize
- Ability to understand complex Government Pricing concepts such as bundles, discount reallocation, pro-ration and smoothing
- Strong written and verbal communication skills
- Understand US commercial pricing complexities
- A track record of success in building strong relationships and achieving access & pricing objectives
- High accuracy rate and attention to detail
- Experience with Microsoft Office products required and knowledge of advance Excel techniques such as pivot tables and data importing are desired
- Experience in and ability to learn standard industry systems environment
- Able to manage multiple and competing tasks across functional areas is essential
- Experience achieving and maintaining compliance with all applicable regulatory, legal, and operational rules and procedures by ensuring that all plans and activities are met with "best" industry practices
- Strong commitment to compliance and ethical standards
- Proficient with Microsoft Office suite (i.e., Word, PowerPoint, Excel, Outlook, SharePoint, etc.)
- Product launch experience in the US. Experience in rare diseases is highly desirable
- Ability to travel up to [10%]
Compensation decisions are based on objective criteria including role responsibilities, experience/qualifications, internal equity, geographic location, and external market benchmarks.
Pay Range
$191,190-$249,953 USD
