Director, Government Pricing

Date: Apr 28, 2024

Location:

Parsippany, United States, New Jersey, 07054

Company: Teva Pharmaceuticals

Job Id: 52842

Who we are

Together, we’re on a mission to make good health more affordable and accessible, to help millions around the world enjoy healthier lives. It’s a mission that bonds our people across nearly 60 countries and a rich, diverse variety of nationalities and backgrounds. Working here means working with the world’s leading manufacturer of generic medicines, and the proud producer of many of the products on the World Health Organization’s Essential Medicines List. Today, at least 200 million people around the world take one of our medicines every single day. An amazing number, but we’re always looking for new ways to continue making a difference, and new people to make a difference with.

The opportunity

The Director, Government Pricing is responsible for the company’s compliance with both the Medicaid Drug Rebate Program’s and Federal Agency’s reporting requirements as well as the management of the pricing policies, customer contracts and related financial processes that directly impact government pricing and compliance. The Director, GP is expected to be a subject matter expert on all price calculations and reporting and will report to the Sr. Director, Business Finance. This position will provide support for all Teva US Products.

*This is a hybrid role based in our Parsippany, NJ office. Domestic relocation services can be available for the right candidate.

How you’ll spend your day

Major duties and responsibilities required to achieve the position’s objectives and be successful in the Director, Government Pricing role.

• Responsible for ensuring contract compliance in accordance with laws and regulations, while representative as an expert in Government Programs (Medicaid, VA/DOD, 340B) and all statutory pricing, regulations and policy. Oversee accurate calculations and reporting of Average Manufacturer Price (AMP), Average Selling Price (ASP), Best Price (BP), and Non-Federal AMP (NFAMP) and 340B pricing to the appropriate regulatory entities for all Company and affiliate labeler codes.

• Manage Medicaid rebate claim adjudication staff; review and approve all quarterly state Medicaid invoice and rebate payment packages for all labeler codes of company and affiliates. Review / monitor the calculations behind the reported values, the status of Medicaid disputes, resolutions, and reconciliations, and assist in resolving related issues as appropriate.

• Business Lead on determining future state of GP system and resources required and implementing new system in accordance with government regulations and internal policies.

• Business Lead on any GP restatements as needed, working closely with external auditors and internal/external counsel.

• Work with other business functions to provide insight on government programs and financial impact analysis resulting from price changes, contracting strategies and other business decisions affecting GP calculations.

• Work with SOX team and internal/external auditors on review of quarterly GP/Medicaid SOX controls and GP audits as needed.

Your experience and qualifications

Education:

• Bachelor’s Degree OR extensive direct work experience commensurate to this role required, Master’s Degree preferred

Experience:

• Prior Pharmaceutical and/or Med Device in Government Pricing with brand, generic experience.

• Supervisory with people management.

Specific type of experience required:

• Ability to manage a team and delegate responsibilities.

• Knowledge of the GP regulations and reporting requirements

• Understanding of Medicaid rebate processing function

• Knowledge of Revitas Flex suite and SAP

Specific type of experience preferred:

• Prior Market Access, pricing and commercial contracting experience

• Familiar with various state price transparency laws and reporting requirements

Enjoy a more rewarding choice

We offer a competitive benefits package, including Medical, Dental, Vision, and Prescription coverage starting on the first day. We also offer Disability and Life Insurance, Paid Time Off, 13 paid Holidays, 6% match on the 401(k), Employee Stock Purchase Plan, and Tuition Assistance.

Already Working @TEVA?

If you are a current Teva employee, please apply using the internal career site available on "Employee Central". By doing so, your application will be treated with priority. You will also be able to see opportunities that are open exclusively to Teva employees. Use the following link to search and apply:Internal Career Site (https://performancemanager.successfactors.eu/sf/careers/jobsearch?bplte_company=1080030P)

The internal career site is available from your home network as well. If you have trouble accessing your EC account, please contact your local HR/IT partner.

Teva’s Equal Employment Opportunity Commitment

Teva Pharmaceuticals is committed to equal opportunity in employment. It is Teva's global policy that equal employment opportunity be provided without regard to age, race, creed, color, religion, sex, disability, pregnancy, medical condition, sexual orientation, gender identity or expression, ancestry, veteran status, national or ethnic origin or any other legally recognized status entitled to protection under applicable laws. We are committed to a diverse and inclusive workplace for all. If you are contacted for a job opportunity, please advise us of any accommodations needed to support you throughout the recruitment and selection process. All accommodation information provided will be treated as confidential and used only for the purpose of providing an accessible candidate experience.

Important notice to Employment Agencies - Please Read Carefully

Teva Pharmaceuticals USA does not accept unsolicited assistance from agencies for employment opportunities. All CVs / resumes submitted by search firms to any employee at our company without a valid written search agreement in place for this position will be deemed the sole property of our company. No fee will be paid in the event a candidate is hired by our company as a result of an agency referral where no pre-existing agreement is in place. Where agency agreements are in place, introductions are position specific. Please, no phone calls or emails.

EOE including disability/veteran