Description

Position Summary

The Government Pricing and Gross-to-Net Analyst is responsible for managing and analyzing pricing strategies and financial processes related to government contracts and reimbursements. This role involves ensuring compliance with federal and state regulations, optimizing net revenue, and providing accurate financial reporting.

Key Responsibilities

• Manage GP models, review, parallel calcs and analyze reporting of programs requiring price reporting, per legislative requirements, including Average Manufacturers Price (AMP), PHS Price, Best Price (BP), VA/FSS (Federal Supply Schedule), Average Sales Price (ASP), non-Federal Average Manufacturer Price (nFAMP), Federal Ceiling Price (FCP), Industrial Funding Fee (IFF) and Unit Rebate Amounts (URA).
• Help validate data and computation of monthly and quarterly Gross to Net computations.
• Enhance automation of data aggregation, reporting and analytics for problem solving with regards to Government Pricing calculations, trending analyses, dashboards and presentations to leadership team.
• Support the development of procedural documentation as required by changes in legislation including state price transparency and disclosures.
• Support of activities related to Inflation Reduction Act (IRA) implementation and/or other new legislative calculations.
• Interact with multiple layers of staff and management regarding price variances analyses, COT assignment and new government programs changes.
• Support the update of SOPs as needed in addition to documenting reasonable assumptions.
• Assist with the review of monthly accruals, reconciliations, forecasting analyses, and reporting for all GTN line items.
• Assist with the review of monthly GP utilization files (GP rebate claims), 340B | PHS program, GTN accrual summary file, and GTN reporting package.
• Provide Management with insight and detailed explanations for fluctuation between GP forecasted rates, and actual GTN deductions.
• Support the pricing committee with key product pricing decisions; work closely and support Market Access team in the development of analysis supporting those pricing decisions.
• Awareness of emerging healthcare & pharmaceutical industry trends and assess their potential impact on GTN forecasting and accruals
• Support Global Finance, Comm. Ops, Trade & Market Access team in analysis of FMV, bonafide service fees and other special projects.
• Perform ad-hoc analysis and projects as required by management.
• Ensure compliance with laws governing government programs are within Ascendis’ written policies, procedures and standards of conduct.

Requirements

Knowledge, Skills and Experience

• Bachelor's degree or higher preferred.
• 5+ years business experience, preferably with a concentration in pharmaceutical data analysis, or finance or commercial contracting.
• Minimum 3 years’ experience in Government Pricing: rebates, chargebacks, and financial reporting & analysis.
• Solid understanding of contracts and contract terms including knowledge of contracting for brand pharmaceuticals.
• Knowledge of regulations guiding U.S. Federal Pricing Programs (Medicaid, Federal Supply Schedule and PHS340B).
• Strong analytical and problem-solving skills.
• Excellent attention to detail and accuracy.
• Proficiency in Microsoft Excel and other data analysis tools. (PowerBi).
• Ability to work independently and adjust priorities to achieve accurate and timely results.
• Strong communication skills (verbal and written) and ability to collaborate across functions.
• Ability to identify opportunities for process improvements and aptitude for continuous improvement and change.