Associate Director, Contract Operations & Government Price Reporting in Basking Ridge, New Jersey at DSI

Date Posted: 1/6/2020

Job Snapshot

Job Description

Join a Legacy of Innovation 110 Years and Counting!

With over 100 years of scientific expertise and a presence in more than 20 countries, Daiichi Sankyo and its 15,000 employees around the world draw upon a rich legacy of innovation and a robust pipeline of promising new medicines to help people. In addition to a strong portfolio of medicines for hypertension and thrombotic disorders, under the Group’s 2025 Vision to become a “Global Pharma Innovator with a Competitive Advantage in Oncology,” Daiichi Sankyo research and development is primarily focused on bringing forth novel therapies in oncology, including immuno-oncology, with additional focus on new horizon areas, such as pain management, neurodegenerative diseases, heart and kidney diseases, and other rare diseases.

Job Summary:

The Associate Director, Contract Operations & Government Price Reporting will lead daily operations and ensure compliance with regulatory requirements for Medicaid, Medicare Part B & D and other Federal pricing programs for Daiichi Sankyo’s Oncology Franchise. Responsibilities include leading the calculation, analysis, and submission of government pricing, which includes Average Selling Price (“ASP”), Average Manufacturer’s Price (“AMP”), Best Price (“BP”), Public Health Service (“PHS”)/ 340B pricing, Non-Federal Average Manufacturer’s Price (“Non-FAMP”), Federal Ceiling Price (“FCP”) in accordance with the Veterans Healthcare Act (VHCA), Public Law 102-585. Responsible for reconciliations between transactions in the government pricing system and the general ledger, the maintenance of customer class of trade and transaction type matrices, and product master data.

Participate on cross-functional teams as a subject matter expert representing the Government Pricing team as required to evaluate and implement business strategies and initiatives for Daiichi Sankyo’s Oncology Franchise. Serve as a liaison with other functional areas regarding a variety of issues impacting government pricing and the analysis of impact of new pricing and contracting strategies on Government Pricing calculations. Candidate will also lead contract negotiations with respect to operations and implications to government price reporting and federal contracting obligations for all Commercial and Group Purchasing Organization agreements.

  • Support and counsel key stakeholders by identifying, modeling and analyzing risks and opportunities relative to government pricing as it relates to potential company initiatives, strategies, and tactics or new/potential legislation, and recommend plans of action for Oncology products. Support the development of corporate financials (GTNs, budget, accruals) for Oncology Franchise.
  • Ensure compliance with documented controls, procedures and policies and develop and/or maintain the related compliance documentation. Monitor and develop policies, procedures and processes for supporting Government Pricing submissions and related areas for Oncology Franchise to ensure ongoing compliance with external and internal requirements and guidance including regulatory, SOX and audit.
  • Oversee the management of the third-party relationship with rebate processing vendors to ensure data is processed timely and accurately by directing the identification and implementation of enhancements to the government pricing system. Responsibilities also include the management of audit and litigation requests related to government pricing and for the implementation of recommendations identified from audits.
  • Lead the analysis of fee and rebate payments for GPO, Distribution, Specialty Pharmacy, and Managed Care contracts and ensure they are properly applied to, and in compliance with, all Government price types. Conduct Bonafide Service Fee Analysis and applicable Fair Market Value analysis for fees paid to Wholesaler, PBM and GPOs.
Successful candidates will be able to meet the qualifications below with or without a reasonable accommodation.

  • Qualified candidates must have a Bachelor’s degree from an accredited college or university; Bachelor’s Degree in Business, Accounting, or Finance
  • Minimum of 7-10 years of relevant government pricing, business and/or finance experience.
  • Intimate knowledge of all government pricing calculation methodologies, regulations, and sources of guidance, specifically RCP Average Manufacturer Price (AMP), 5i Average Manufacturer Price (AMP) and Average Sales Price (ASP)
  • Understanding of wholesaler sales, membership and Third-party data sources for DEA#, HIN#
  • Knowledge of specialty distribution and dispensing strategies, including buy and bill pricing
  • Experience working with internal and external legal counsel on government pricing compliance matters
  • Familiarity with regulatory guidance on each government pricing program and working with government program agencies.
Ability to travel up to 15%

Daiichi Sankyo, Inc. is an equal opportunity/affirmative action employer. Qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected veteran status, age, or any other characteristic protected by law.