For more than 25 years, Corcept has been singularly focused on the science of cortisol, a powerful hormone that when unregulated, can play a role in a broad range of diseases.
Our commercial portfolio includes treatments for hypercortisolism and oncology, and the company has discovered more than 1,000 proprietary selective cortisol modulators and glucocorticoid receptor antagonists. With advanced clinical trials in patients with hypercortisolism, solid tumors, ALS and liver disease, Corcept is unlocking the power of cortisol modulation to help address some of the most devastating diseases patients face today.
Corcept is headquartered in RedwoodCity, California. To learn more, visit www.corcept.com .
The Senior Manager, Pricing & Contracting Operations is responsible for the execution, administration, compliance, and reporting activities associated with commercial contracting and government pricing programs. Reporting to the Senior Director, Pricing & Contracting, this role partners with Finance, Market Access, Legal, Compliance, Commercial Operations, government pricing consultants, and external vendors to ensure accurate contract implementation, government price reporting, state transparency reporting, and maintenance of pricing-related systems and records. This role ensures compliance with federal and state requirements, internal controls, and SOX requirements while supporting the company's pricing and market access strategies.
Responsibilities:
Government Pricing & Rebate Operations
- Oversee and validate monthly and quarterly government pricing calculations prepared by external consultants, including AMP, Best Price, Non-FAMP, FCP, ASP, and inflation rebates, ensuring the accuracy of assumptions, methodologies, and source data
- Ensure timely and accurate submission of government pricing data to CMS, HRSA, the Department of Veternan's Affairs, and other government agencies
- Support Public Law and other applicable federal pricing and reporting requirements
- Coordinate responses to government pricing audits, inquiries, and data validation requests
- Manage Medicaid Drug Rebate Program, Medicare, and TRICARE invoice processing, reconciliation, dispute resolution, and timely payment in partnership with external vendors
- Partner with Finance and Accounting to develop and maintain Medicaid, Medicare, and TRICARE rebate accrual methodologies, establish appropriate reserves, and support month-end, quarter-end, and year-end financial close activities
Contract Operations
- Partner with Finance, Endocrinology, Oncology, and external vendors to operationalize and administer payer, distribution services, specialty pharmacy, and Group Purchasing Organization agreements
- Manage contract implementation activities to ensure accurate loading of pricing, rebates, fees, and contract terms. Coordinate contract onboarding, renewals, amendments, and terminations
- Ensure timely and accurate communication of Wholesale Acquisition Cost (WAC) changes, contract price changes, and contract amendments to external stakeholders
Pricing & Contracting Administration and Compliance
- Develop and maintain complete records, SOPs, work instructions, and control documentation supporting pricing and contracting decisions, government pricing calculations and reporting, rebate payments and accruals, state transparency reporting, SOX requirements, and internal and external audits
- Ensure appropriate documentation is maintained to support government pricing calculations, rebate payments, accrual methodologies, and financial audits
- Support internal and external audits by preparing, retrieving, and validating required documentation
State Transparency Price Reporting
- Manage timely and accurate state drug price transparency reporting for product launches, price increases, and other reportable events, including the submission of required data and maintenance of supporting records and communications
Cross-Functional Collaboration
- Serve as a key liaison between Market Access, Finance, Government Pricing, Commercial Operations, Legal, Compliance, Trade, and external consultants
- Support product launch planning by ensuring pricing and contracting operational readiness
- Identify opportunities to improve processes, controls, reporting, and data integrity
- Participate in cross-functional initiatives related to pricing strategy, contracting operations, and compliance programs
Model and promote Corcept's key principles, collaborating effectively, embracing possibilities, following the data, and leading by doing, to build a culture of accountability, innovation, and trust
Preferred Skills, Qualifications and Technical Proficiencies:
- Experience with government pricing programs including Medicaid Drug Rebate Program, Medicare Part B and Part D reporting, 340B, and Federal Supply Schedule programs
- Knowledge of state transparency reporting requirements
- Experience supporting SOX controls, audit readiness, and compliance documentation