Associate Director, Contract Operations & Government Price Reporting in Bernards, NJ at DSI

Date Posted: 1/6/2022

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    Bernards, NJ
  • Experience:
    Not Specified
  • Date Posted:
    1/6/2022
  • Job ID:
    R197

Job Description

Join a Legacy of Innovation 110 Years and Counting!

Daiichi Sankyo Group is dedicated to the creation and supply of innovative pharmaceutical therapies to improve standards of care and address diversified, unmet medical needs of people globally by leveraging our world-class science and technology. With more than 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 cardiovascular diseases, under the Group's 2025 Vision to become a "Global Pharma Innovator with Competitive Advantage in Oncology," Daiichi Sankyo is primarily focused on providing novel therapies in oncology, as well as other research areas centered around rare diseases and immune disorders.

Join a Legacy of Innovation 110 Years and Counting!

Daiichi Sankyo Group is dedicated to the creation and supply of innovative pharmaceutical therapies to improve standards of care and address diversified, unmet medical needs of people globally by leveraging our world-class science and technology. With more than 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. Under the Group’s 2025 Vision to become a “Global Pharma Innovator with Competitive Advantage in Oncology,” Daiichi Sankyo is primarily focused on providing novel therapies in oncology, as well as other research areas centered around rare diseases and immune disorders.

Summary

The Associate Director, Contract Operations & Government Price Reporting role 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, reviewing, and approving all government pricing calculation, analysis, and submission, 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), and Federal Supply Schedule prices (FSS) in accordance with the Medicaid Drug Rebate Program and all Federal Program Guidelines. Responsible for reconciliation between transactions in the government pricing system and the general ledger, maintenance of customer class of trade and transaction type matrices, product master data, oversight for all documentation and procedures regarding government pricing, as well as internal and external audits.

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.

Responsibilities

  • 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.
  • Manage the government program statutory pricing function for timely reporting of government prices to various agencies. 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.


Qualifications: Successful candidates will be able to meet the qualifications below with or without a reasonable accommodation.

Education Qualifications (from an accredited college or university)

  • Bachelor's Degree required
  • Areas of study preferred: Business, Accounting, or Finance preferred

Experience Qualifications

  • 7 or More Years of relevant government pricing, business and/or finance experience. preferred
  • Intimate knowledge of all government pricing calculation methodologies, regulations, and sources of guidance, specifically RCP Average Manufacturer Price (AMP), 5i Average Manufacturer Price (AMP), Best Price (BP), Average Sales Price (ASP), and Non-Federal Average Manufacturer's Price (Non-FAMP). required
  • Understanding of wholesaler sales, membership and Third-party data sources for DEA#, HIN# required
  • Knowledge of specialty distribution and dispensing strategies, including buy and bill pricing preferred
  • Experience working with internal and external legal counsel on government pricing compliance matters preferred
  • Familiarity with regulatory guidance on each government pricing program and working with government program agencies. required

Travel: Ability to travel up to 20% Travel for annual conferences; business meetings as necessary
 

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.

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.