Sr. Analyst, Institutional Contracts, Chargebacks & Rebates (Multiple)

Sr. Analyst, Institutional Contracts, Chargebacks & Rebates (3 Openings)
236 million. The number of lives that were touched by Novartis medicines in 2022!
At Novartis, we are reimagining medicine to address some of society’s most challenging healthcare issues. We discover and develop breakthrough treatments and find new ways to deliver them to as many people as possible.
The Senior Analyst, Institutional Contracts, Chargebacks and Rebates will support the IM US organization with contract preparation and the accurate and timely administration of discount agreements. This will entail contract authoring research, draft amendments, contract interpretation and system entry; validating membership; rebate payment adjudication.
Your responsibilities include, but are not limited to:

• Team Leadership/Meeting Facilitation - Provide expertise and training to analysts within the team to help ensure understanding and alignment of standard operating procedures. Conduct meetings to achieve issue resolution within the department, with internal customers, wholesalers, specialty distributors, LTC, and GPOs. Maintain systems and logs to track contracts, rebate, chargebacks, and membership issues for accurate reporting to management.
• Data Analytics/Super User: Designated resource within department to be the guide on all systems and programs. Provide expertise in testing, troubleshooting, as well as identifying errors and process efficiencies.
• Quality Assurance – Ensure adherence to all standard operating procedures and SOX requirements. Ensure communication to management about identified risks to the department and organization. Identify any areas for improvement and provide useful feedback.
• Business Partnering - Support contract strategy feasibility discussions with IM US contract teams. Demonstrate effective prioritization to ensure document turnaround times within agreed-upon timelines. Partner with the Government Pricing team to ensure accurate pricing calculations. Communicate with wholesalers, GPO, LTC, Specialty Groups, HIBCC, IMS, and HRSA to determine member eligibility. Partner with Market Access to support the implementation of new strategies. Work with teams in remote locations both inside and outside the U.S. to achieve department objectives.
• Process Expert/Lead – Maintain a high degree of contract drafting accuracy. Work closely with operational stakeholders to ensure seamless transition of the contract from inception to implementation. Evaluate and interpret contracts to ensure correct setup of products, pricing, and membership terms. Create and maintain Indirect/Direct membership information in Model N and SAP. Conduct Class of Trade research to support Government Pricing calculations. Serve as subject matter expert for the department and leverage knowledge of system and membership expertise to drive priorities, project development quality/speed, and compliance. Lead and/or coordinate special projects.

This position will be located at the East Hanover, NJ site and will not have the ability to be located remotely. Please note that this role would not provide relocation and only local candidates will be considered.
The pay range for this position at commencement of employment is expected to be between $84,000.00 and $126,000.00 per year; however, while salary ranges are effective from 1/1/23 through 12/31/23, fluctuations in the job market may necessitate adjustments to pay ranges during this period. Further, final pay determinations will depend on various factors, including, but not limited to geographical location, experience level, knowledge, skills and abilities. The total compensation package for this position may also include other elements, including a sign-on bonus, restricted stock units, and discretionary awards in addition to a full range of medical, financial, and/or other benefits (including 401(k) eligibility and various paid time off benefits, such as vacation, sick time, and parental leave), dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment. If hired, employee will be in an “at-will position” and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors.
EEO Statement
The Novartis Group of Companies are Equal Opportunity Employers and take pride in maintaining a diverse environment. We do not discriminate in recruitment, hiring, training, promotion or other employment practices for reasons of race, color, religion, gender, national origin, age, sexual orientation, gender identity or expression, marital or veteran status, disability, or any other legally protected status. We are committed to building diverse teams, representative of the patients and communities we serve, and we strive to create an inclusive workplace that cultivates bold innovation through collaboration and empowers our people to unleash their full potential.
Minimum Requirements
What you’ll bring to the role:

• Strong collaboration, communication and negotiating skills
• Results-oriented ability to deliver under tight deadlines
• Working knowledge of class of trade and customer identifiers preferred
• Familiarization with contract authoring, chargeback adjudication, rebate processing, membership, and contract maintenance preferred
• Strong project and process management experience
• Ability to work independently, prioritize workload and handle opposing priorities.
• Demonstrate persistent follow through and ability to juggle shifting priorities with ease
• Strong leadership, motivation skills with ability to influence without authority
• Superior proof reading and organizational skills; detail oriented
• Willingness to train and coach others
• Proficiency with life science applications such as Model N, Deal Management and/or SAP a plus
• Proficiency in computer applications, including Microsoft Office and Adobe Acrobat
• 2+ years of relevant experience in the pharmaceutical/biotech industry
• Understanding of pharmaceutical product discount contracts with various healthcare providers a plus
• BA/BS degree or Equivalent 4-Year degree required, subject area in Finance, Accounting, Business Administration or related preferred
• Ability to research and respond to complex customer issues with reasoned judgment

Why Novartis?
236 million lives were touched by Novartis medicines in 2022, and while we’re proud of this, we know there is so much more we could do to help improve and extend people’s lives.
We believe new insights, perspectives and ground-breaking solutions can be found at the intersection of medical science and digital innovation. That a diverse, equitable and inclusive environment inspires new ways of working.
We believe our potential can thrive and grow in an unbossed culture underpinned by integrity, curiosity and flexibility. And we can reinvent what's possible, when we collaborate with courage to aggressively and ambitiously tackle the world’s toughest medical challenges. Because the greatest risk in life, is the risk of never trying!
Imagine what you could achieve here at Novartis!
Commitment to Diversity & Inclusion: Novartis is committed to building an outstanding, inclusive work environment and diverse teams representative of the patients and communities we serve.
Accessibility and Reasonable Accommodations: The Novartis Group of Companies are committed to working with and providing reasonable accommodation to individuals with disabilities. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the application process, or in order to perform the essential functions of a position, please send an e-mail to [email protected] call +1 (877) 395-2339 and let us know that nature of your request and your contact information. Please include the job requisition number in your message.
Join our Novartis Network: If this role is not suitable to your experience or career goals but you wish to stay connected to hear more about Novartis and our career opportunities, join the Novartis Network here: https://talentnetwork.novartis.com/network
Division
Finance
Business Unit
Global Finance
Country
USA
Work Location
East Hanover, NJ
Company/Legal Entity
Novartis Pharmaceuticals
Functional Area
Audit & Finance
Job Type
Full Time
Employment Type
Regular
Shift Work
No
Early Talent
Yes