Manager, Fair Market Value Evaluation and Analysis

Industry: Pharmaceuticals & Biotech


Less than 5 years

Posted 70 days ago

This job is no longer available.

A global healthcare leader, Novartis, has one of the most exciting product pipelines in the industry today. It is a pipeline of innovative medicines brought to life by diverse, talented, and performance driven people. All of this makes Novartis one of the most rewarding employers in our field. We're committed to peak performance, improving the quality of life, and embracing and leveraging diverse backgrounds, cultures and talents to achieve competitive advantage.

Provide analytics and support for fair market value activities

Assist in maintaining processes to remain in compliance with Centers for Medicare & Medicaid Services (CMS) regulations on fair market value

Major Accountabilities
• Maintain compliance with fair market value processes and systems for Novartis operating divisions in the U.S. pertaining to fee for service arrangements with Commercial entities (e.g., Specialty Pharmacies, Wholesalers/Distributors, PBMs, GPOS, HUBs, Copay vendors, etc.)
• Work with the business stakeholders to provide fair market value analysis and training ·
• Assist in maintaining collaborative platforms and shared drive with all processes, business rules and documents relating to fair market value activities
• Manage interfaces between the different stakeholders in fair market value
• Work with cross-functional/cross-divisional teams, updating them on a regular basis on develop-ments and progress made with the fair market value process
• Assist with maintaining all fair market value Work Process Documents (WPDs) and remain in com-pliance with all pertinent WPDs
• Ensure fair market value compliance with the Corporate Integrity Agreement (CIA) requirements, including documentation and records retention
• Work with Associate Director and Director to provide communications and training as needed across the organization
• Assist in implementation of process/system enhancements projects for fair market value activities

EEO Statement

The Novartis Group of Companies are Equal Opportunity Employers and take pride in maintaining a diverse environment. We do not discriminate in recruitment, hiring, training, promotion or any other employment practices for reasons of race, color, religion, gender, national origin, age, sexual orientation, marital or veteran status, disability, or any other legally protected status.

Minimum requirements

Minimum Requirements

• Bachelor’s or equivalent 4-Year University degree required, preferably in Finance/Accounting. MBA or CPA preferred
• 3 Years relevant experience in finance, accounting, or economics preferably within Pharmaceutical or Biotech industry.

Skills & Competencies

• Experience conducting financial analysis/valuations, preferably fair market value analysis of healthcare business, compensation, and various service agreements for management planning and regulatory compliance purposes
• Proactive mind-set and ability to execute multiple assignments simultaneously
• Strong financial modelling skills; Advanced Microsoft Excel skills
• Strong analytical ability to effectively assess, monitor and analyze different vendor programs
• Strong customer orientation ability with ability to work cross-functionally, particularly with Associate Director / Director levels, across the organization
• Good communication skills with an ability to challenge status quo and propose alternatives
• Understanding of vendor contracts preferred