This position will play a key operational and analytical role in executing commercial pricing strategies, managing contract lifecycles, developing financial models, and supporting regulatory compliance across Novadoz’s generic pharmaceutical portfolio. Reporting to commercial leadership, this role works closely with Wholesalers, Health Systems, GPOs, and Retail Chains to optimize Gross-to-Net (GTN) performance and ensure revenue integrity.
Key Responsibilities:
1.Strategic Pricing & Market Access
- Conduct quantitative market analysis on competitor pricing, trends, and product life cycles to support WAC, AMP, ASP, and Best Price frameworks.
- Collaborate with Commercial and Portfolio teams to model initial product launches, tenders, and award evaluations.
- Evaluate portfolio pricing performance to identify yield and margin enhancement opportunities.
2.Contract Management & Operations
- Draft, redline, and review commercial agreements with Wholesalers, GPOs, IDNs, Retail Chains, and Mail-Order Pharmacies.
- Manage contract lifecycles, including tracking renewals, price amendments, failure-to-supply provisions, and rebate structures.
- Administer chargebacks, validate customer rebates, and verify contract compliance to prevent revenue leakage.
- Build and maintain dynamic financial models to analyze profitability, product yields, and GTN performance.
- Support forecasting for contract volumes, price erosion, and customer demand aligned with corporate targets.
- Prepare routine and ad-hoc financial analysis for executive decision-making.
4.Regulatory Compliance & Reporting
- Assist with compliance for federal/state generic pricing mandates (AMP, Best Price, NFAMP, FSS).
- Monitor policy updates to align contracting workflows with regulatory changes.
- Maintain complete audit readiness for contracts, price notifications, and statutory filings.
5.Stakeholder Collaboration & Support
- Partner across Sales, Marketing, Legal, Supply Chain, and Finance teams (U.S. and global).
- Serve as an internal point of contact for pricing queries and account data requests.
- Provide data-driven insights to support business reviews and customer negotiations.
Qualifications
- Education: Bachelor’s degree in Business, Finance, Economics, or related field (MBA/MS preferred).
- Experience: 3–5+ years in U.S. generic pharma pricing, contract administration, and financial analysis. Experience with chargebacks, rebate processing, GTN modeling, ERP systems (e.g., SAP), and multi-national structures.
- Skills: Advanced Excel/financial modeling, quantitative data analysis, solid grasp of U.S. generic commercial channels/pricing mechanisms, and strong cross-functional communication.
- Type: Full-time (Mon–Fri) Hybrid
- Location: 20 Duke Road, Piscataway, NJ 08854
- Work Authorization: U.S. citizenship or permanent authorization required.
- Benefits: Medical/Dental/Vision/Life Insurance, HSA, 401(k) matching, and PTO.
- EEO Statement: Novadoz is an Equal Opportunity Employer.