Pricing Analyst

Cencora; Philadelphia (Philadelphia County); On-site; USD 65,000 - 90,000; Full time

Job summary

Cencora in Philadelphia is seeking a Pricing Analyst to manage a portfolio of generic products and analyze market trends to support formulary strategy. You will generate margin analyses, price comparisons, and insights across senior leadership teams using multiple data sources.

Strong financial analysis, reporting, and presentation skills are essential. You will collaborate with Corporate Partnerships, Strategic Global Sourcing, and Finance to drive growth and improve profitability in a dynamic

Qualifications

• Bachelor's degree in finance, accounting, economics, business administration, or related field (or equivalent experience).
• 2+ years of budgeting, forecasting, financial analysis, financial modeling, management reporting, or related field experience required.
• Preferred internship or co-op in Finance, Business, or Pricing.

Responsibilities

• Conducts in depth analysis on item level pricing for formulary generics contracts.
• Analyzes monthly trends in industry to recommend pricing actions at customer/product level.
• Reports on plan and finance goals related to formulary generics and assess profitability impact.
• Performs price comparisons for current customers using standardized reporting tool; ensure accuracy of information.
• Ability to create presentations using multiple data sources.
• Generates reports such as month end, ad hoc, rebate, and administration reports using multiple systems.
• Understands the Cencora formulary generics solution and messaging.
• Documents processes related to duties and responsibilities.
• Performs leakage analysis and reporting to customer/chain/channel level.
• Supports Finance and Commercial teams with evaluations and pricing analyses for growth and customer acquisition.
• Performs related duties as assigned

Skills

Communication skills

Accounting principles

Attention to detail

Organizational skills

Analytical skills

Deadline management

Discretion & professionalism

MS Office (Word, PowerPoint, Excel)

Education

Bachelor's degree in finance, accounting, economics, business administration, or related field

Tools

Excel

PowerPoint

Word

Job description

Our team members are at the heart of everything we do. At Cencora, we are united in our responsibility to create healthier futures, and every person here is essential to us being able to deliver on that purpose. If you want to make a difference at the center of health, come join our innovative company and help us improve the lives of people and animals everywhere.

Job Details

The Pricing Analyst is responsible for managing a portfolio of generic pharmaceutical products. Responsible for analyzing generic market trends to provide information to support company strategy related to Cencora's formulary generics business. Managing market and customer segment responsibilities including conducting margin analysis, analyzing competitive data, and providing insights and interpretation as to best course of action. Segment support is focused on assigned customer portfolio. Technical skills needed to send reporting to Senior Leadership within Corporate Partnerships, Strategic Global Sourcing, and Cencora Finance.

Responsibilities

• Conducts in depth analysis on item level pricing for formulary generics contracts.
• Analyzes monthly trends in industry to make recommendations on pricing action at a customer and product level
• Reports on plan and finance goals as it relates to Cencora formulary generics and assess impact on profitability.
• Conducts and analyzes price comparisons for current customers via standardized reporting tool; ensures accuracy of information being reported.
• Ability to put together presentations utilizing multi-data sources
• Responsible for generating reports such as month end, ad hoc, rebate, and administration reports; requires the utilization of multiple systems and the consolidation of data from various sources.
• Excellent understanding of the Cencora formulary generics solution and messaging
• Documents processes and procedures related to primary duties and responsibilities.
• Conducts in depth Leakage Analysis, interpretation, and reporting to customer/chain/channel level
• The position further supports Finance and Commercial teams through prospective customer evaluations and other strategic pricing analyses that inform growth and customer acquisition opportunities.
• Performs related duties as assigned

Education and Work Experience

• Bachelor's degree in finance, accounting, economics, business administration, or a related field, or equivalent experience required.
• 2+ years of experience in budgeting, forecasting, financial analysis, financial modeling, management reporting, or a related field required.
• Preferred previous internship or co-op experience in Finance, Business, or Pricing.

Skills and Knowledge

• Excellent oral and written communication skills.
• Working knowledge of general accounting principles.
• Strong attention to detail, with a high standard for accuracy.
• Excellent organizational and analytical skills.
• Proven ability to meet deadlines and manage priorities effectively.
• Ability to handle confidential information with discretion and professionalism.
• Proficiency in Microsoft Word, PowerPoint, and Excel.

What Cencora offers

We provide compensation, benefits, and resources that enable a highly inclusive culture and support our team members' ability to live with purpose every day. In addition to traditional offerings like medical, dental, and vision care, we also provide a comprehensive suite of benefits that focus on the physical, emotional, financial, and social aspects of wellness. This encompasses support for working families, which may include backup dependent care, adoption assistance, infertility coverage, family building support, behavioral health solutions, paid parental leave, and paid caregiver leave. To encourage your personal growth, we also offer a variety of training programs, professional development resources, and opportunities to participate in mentorship programs, employee resource groups, volunteer activities, and much more. For details, visit https://www.virtualfairhub.com/cencora

Full time

Equal Employment Opportunity

Cencora is committed to providing equal employment opportunity without regard to race, color, religion, sex, sexual orientation, gender identity, genetic information, national origin, age, disability, veteran status or membership in any other class protected by federal, state or local law.

The company's continued success depends on the full and effective utilization of qualified individuals. Therefore, harassment is prohibited and all matters related to recruiting, training, compensation, benefits, promotions and transfers comply with equal opportunity principles and are non-discriminatory.

Cencora is committed to providing reasonable accommodations to individuals with disabilities during the employment process which are consistent with legal requirements. If you wish to request an accommodation while seeking employment, please call 888.692.2272 or email [e-mail]. We will make accommodation determinations on a request-by-request basis. Messages and emails regarding anything other than accommodations requests will not be returned

Affiliated Companies

Affiliated Companies: AmerisourceBergen Services Corporation