The opportunity
The Sr. Director, Government Pricing is responsible for the company’s compliance with both the Federal Agency’s reporting requirements as well as the management of the pricing policies, customer contracts, related financial processes that directly impact government pricing and compliance. The Sr. Director, GP is expected to be a subject matter expert on all price calculations and reporting, as well as relevant gov’t legislations. This position will report to the VP, Revenue Optimization and Contract Compliance. This position will provide commercial support for all Teva based US Products.
Location: This is a hybrid position based in our Parsippany, NJ headquarters.
How you’ll spend your day
Major duties and responsibilities required to achieve the position’s objectives and be successful in the Sr. Director, Government Pricing role.
Responsible for ensuring contract compliance in accordance with laws and regulations, while representative as an expert in Government Programs (e.g., FSS, 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.
Responsible for the negotiations, execution, and oversight of the FSS Contract to ensure compliance with contract terms, statutory regulations, VA guidance and Teva’s policies. This includes but is not limited to the registration & annual certification of the System for Award Management (SAM); managing the quarterly industrial funding fee (IFF) payments and sales reporting; price reduction/tracking customer monitoring; trade agreements act/country of origin reporting; CSP/MFC disclosures; request for modifications and small business plan reporting.
Business Co-Lead on GP system upgrade to the Cloud, implementing new system in accordance with government regulations and internal policies. Will collaborate with the business implementation team on the GP system upgrade.
Business Lead on any GP impact analyses resulting from audit fundings, new contracting terms and gov’t legislations, working closely with internal/external auditors and internal/external counsel. Monitor upcoming gov’t legislations (such as IRA, MDRP, State 340B, etc.) and asses any potential impact on gov’t pricing and Gross to Net.
Work with other business functions to provide insight on government programs and monetary 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 SOX controls and GP audits as needed.
