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Job Description
Government Pricing Analyst
Are you looking for a patient-focused, innovation-driven company that will inspire you and empower you to shine? Join us as a Government Pricing Analyst - H&I in our Exton, PA office.
At Takeda, we are transforming the pharmaceutical industry through our R&D-driven market leadership and being a values-led company. To do this, we empower our people to realize their potential through life-changing work. Certified as a Global Top Employer, we offer stimulating careers, encourage innovation, and strive for excellence in everything we do. We foster an inclusive, collaborative workplace, in which our global teams are united by an unwavering commitment to deliver Better Health and a Brighter Future to people around the world.
Here, you will be a vital contributor to our inspiring, bold mission.
OBJECTIVES/PURPOSE
Perform the end-to-end calculation of monthly and quarterly submission of product information, pricing information and other pertinent data to Federal agencies, including calculating and reporting the quarterly Best Price, monthly and quarterly Average Manufacturers Price (AMP), quarterly Average Sale Price (ASP) and quarterly Public Health Service (PHS).
Ensure submission of pricing information within the statutory time frames – CMS, State agencies as required by statute (i.e. NY EPIC) and/or contract (i.e. Texas Supplemental).
Coordinate with Commercial Contracts group, Legal, and Internal Audit Departments to ensure compliance with the Medicare Modernization Act of 2003, the Deficit Reduction Act of 2007, the Patient Protection and Affordable Care Act, the Health Care and Education Reconciliation Act and the FAA Air Transportation Modernization and Safety Improvement Act.
ACCOUNTABILITIES
Government Pricing
Will have to understand calculation methodology, system functions and be able to calculate various government prices
Communicate pricing results to various government agencies and internal departments as required by statute or contract.
Investigate and resolve any/all issues on CMS exception reports.
Be up to date on all applicable CMS releases relating to pricing calculations.
Partner with Commercial Contracts to understand current contracting activities.
Be knowledgeable of price protection, bundling, stocking discoutns, etc., to understand impact on various calculations.
Perform ad hoc analysis on pricing results as requested by Finance or the Business Unit(s); analyze and document financial and other supporting data related to government contracts, AMP/BP/ASP/NFamp/FCP pricing and Medicaid rebates
Work with team to ensure smooth operation of the GP system
Assist with all research projects for future contract management data initiatives
Assist Finance with questions concerning payment tracking and documentation and accruals
Build strong partnerships and drive role clarity with other interfacing Takeda functions, including but not limited to Commercial Team (Contracts, Rebates, Chargebacks), IT, Internal Audit, Compliance, and Shared Services
EDUCATION, BEHAVIOURAL COMPETENCIES AND SKILLS:
Bachelor’s Degree
Minimum of 3 years experience in the area of Government Pricing
Effectively manage multiple priorities in order to maximize results. Pays close attention to project deadlines and schedules.
Health care business acumen with a comprehensive understanding of the pharmaceutical industry
Experience with Model N or Flex GP
Experience with SAP
Must be able to review large amount of data for accuracy.
Ability to present complex information clearly and with confidence
Excellent communicator, able to persuasively convey both ideas and data, verbally and in writing
Ability to distil complex issues and ideas down to simple comprehensible terms
TRAVEL REQUIREMENTS
Relevant travel
WHAT TAKEDA CAN OFFER YOU
401(k) with company match and Annual Retirement Contribution Plan
Tuition reimbursement Company match of charitable contributions
Health & Wellness programs including onsite flu shots and health screenings
Generous time off for vacation and the option to purchase additional vacation days