Associate Director of Government Pricing
Our client is a growing, dynamic organization seeking a strong Associate Director of Government Pricing to join its team. The Associate Director of Government Pricing will be responsible for the review, analysis, compliance and calculation of all federal and state government pricing programs. In addition, they will support the documentation and submission of all mandated product and pricing data for all federal and state government pricing programs. This role manages 2 Analysts.
Key Responsibilities:
- Architect and oversee compliance for all government pricing calculation methodologies, including but not limited to Average Manufacturer Price (AMP), Average Selling Price (ASP), Best Price (BP), and Non-Federal AMP (NFAMP).
- Ensure accurate, complete, and timely submission of all government pricing calculations.
- Direct compliance with all relevant government programs, including but not limited to 340B, FCP, FSS, and PHS programs.
- Collaborate with other business functions to provide insights on government programs and conduct financial impact analyses of price changes, contracting strategies, and other business decisions.
- Lead the interpretation of statutes, rules, laws, and regulations pertaining to government pricing to guarantee compliance.
- Maintain up-to-date Standard Operating Procedures (SOPs) for all government pricing activities.
- Develop and maintain forecasting models for Medicaid rebate liability.
- Proactively identify and communicate risks and opportunities related to government pricing and compliance to leadership.
- Enhance industry knowledge and stay informed of regulatory changes through ongoing training and professional development.
- Lead, mentor, and develop a high-performing team responsible for analyzing and processing Medicaid and Coverage Gap claims.
- Proactively identify and resolve compliance issues, questions, or pricing requests from internal and external stakeholders, including government regulatory agencies.
- Review and provide critical insights on business development proposals, ensuring compliance and maximizing profitability within the context of government pricing regulations.
- Formulate and implement recommendations to support long- and short-term business goals within the government pricing landscape.
Qualifications:
- Bachelor’s Degree in Finance, Accounting, or Related.
- Minimum of 6+ years of pharmaceutical experience and 3+ years of government pricing experience is required.
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