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.
