What are the responsibilities and job description for the Senior Manager, Contracts & Rebates, Princeton, NJ - Hybrid position at SUN PHARMA?
Sun Pharmaceutical Industries Ltd Sun Pharmaceuticals Industries Inc. is the fourth largest generic pharmaceutical company in the world, and rapidly building our brand presence. We manufacture, market and distribute pharmaceuticals to the nation’s largest wholesalers, distributors, warehousing and non-warehousing chain drugstores as well as managed care providers. Our goal is to continue to develop and market quality products that bring value to our customers and ultimately the patient. Current manufacturing capabilities allow Sun Pharma to develop products across most therapeutic categories.
Job Summary
At Sun Pharma we believe our people are an invaluable asset. Our culturally diverse workforce is one of our biggest strengths, along with the rich experience they bring across varied skill-sets. We are proud that our global workforce is bound by our common values:
Senior Manager, Contracts & Rebates: Works closely with Contract Strategy to ensure all payer and SP agreements are administered accurately within SAP and Sun’s Revenue Management System. Sr. Manager will manage a team that works closely with finance, accounts payable, contract administration, Pricing & Contract Analytics and Contract Strategy to ensure rebates and chargebacks are accrued, analyzed, processed and paid timely. Works directly with customers to resolve discrepancies with payer invoices and other assigned accounts.
Responsibilities
Qualifications
The compensation and benefits described above are subject to the terms and conditions of any governing plans, policies, practices, agreements, or other materials or documents as in effect from time to time, including but not limited to terms and conditions regarding eligibility. If hired, employee will be in an “at-will position” and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company, or individual department/team performance, and market factors.
The preceding job description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees as assigned to this job. Nothing herein shall preclude the employer from changing these duties from time to time and assigning comparable duties or other duties commensurate with the experience and background of the incumbent(s).
We provide equal employment opportunities for all current employees and applicants for employment. This policy means that no one will be discriminated against because of race, religion, creed, color, national origin, nationality, citizenship, ancestry, sex, age, marital status, physical or mental disability, affectional or sexual orientation, military or veteran status, generic predisposing characteristics or any other basis prohibited by law.
Notice To Agency And Search Firm Representatives
Sun Pharmaceuticals (Sun) is not accepting unsolicited resumes from agencies and/or search firms for this job posting. Resumes submitted to any Sun employee by a third party agency and/or search firm without a valid written & signed search agreement, will become the sole property of Sun. No fee will be paid if a candidate is hired for this position as a result of an unsolicited agency or search firm referral.
Job Summary
At Sun Pharma we believe our people are an invaluable asset. Our culturally diverse workforce is one of our biggest strengths, along with the rich experience they bring across varied skill-sets. We are proud that our global workforce is bound by our common values:
Senior Manager, Contracts & Rebates: Works closely with Contract Strategy to ensure all payer and SP agreements are administered accurately within SAP and Sun’s Revenue Management System. Sr. Manager will manage a team that works closely with finance, accounts payable, contract administration, Pricing & Contract Analytics and Contract Strategy to ensure rebates and chargebacks are accrued, analyzed, processed and paid timely. Works directly with customers to resolve discrepancies with payer invoices and other assigned accounts.
Responsibilities
- As the Senior Manager, Contracts and Rebates, you will be an integral member of the Sun Operations team that negotiates, evaluates, processes and executes sales contracts for U.S. markets.
- Develop and lead all efforts to maintain contract parameters in Sun’s revenue management system, including customer plan to formulary assignments, products, rebate rates, rebate value, performance tiers and eligibility.
- This is a supervisory position with direct reports; therefore, this position will establish goals and objectives and prepare performance appraisals for direct reports.
- Manager will also coach and mentor direct reports as needed.
- Manager will monitor and review the work product of all direct reports.
- Review proposed changes to contract terms and provide feedback to the Contract Strategy team as needed.
- Provide trends to management on a regular basis to provide visibility as to the status, volume, and potential liability of future rebates, disputes, fees, and payments.
- Develop SOPs and user guides, and expand/update existing documentation as needed.
- Work with Sun IT on needs to improve system and/or User understanding of system.
- Implement, support and interpret all Market Access commercial contracts across Business Units.
- Support organization during high demand audit cycles and quarterly reporting as needed.
- Collaborates with US commercial functions to ensure business objectives are met including Finance/Controlling, Market Access, Marketing, Pricing & Contract Analytics, Gov’t Pricing and IT.
Qualifications
- BA Degree in Accounting, Finance, Financial Planning and Analysis or equivalent work experience in a similar position.
- 8 years previous work experience managing rebates, chargebacks and/or Financial Planning and Analysis required.
- Skilled at coaching and development of a team in a related field.
- Prior experience with an ERP System (JD Edwards, SAP, NetSuite).
- Prior experience processing one or more of the following: Managed Care rebates, Medicaid claims, government and/or wholesaler fees within a pharmaceutical company.
- Knowledge and experience in interpreting commercial and government contracts.
- Prior Pharmaceutical Experience is required.
- Intermediate to advanced knowledge of Contract Management Systems, such as Vistex (or other comparable system such as Model N, CARS, imany, icontracts or Revitas is required).
- High proficiency in Microsoft Excel is required.
- Track record of developing and providing data analyses and reporting
- Excellent Analytical and Problem-Solving Skills.
- Strong verbal, written and interpersonal skills with an emphasis on time management and follow through skills.
- Effective communicator and possess well-developed strong organizational skills.
- Broad knowledge of multiple functional areas including Market Access, Finance and Brand Marketing and able to work collaboratively with these functions to drive results.
- Exhibit ability to successfully handle multiple projects at once.
- Prior role as a Business User in the implementation of a Contract Management System is a plus.
The compensation and benefits described above are subject to the terms and conditions of any governing plans, policies, practices, agreements, or other materials or documents as in effect from time to time, including but not limited to terms and conditions regarding eligibility. If hired, employee will be in an “at-will position” and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company, or individual department/team performance, and market factors.
The preceding job description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees as assigned to this job. Nothing herein shall preclude the employer from changing these duties from time to time and assigning comparable duties or other duties commensurate with the experience and background of the incumbent(s).
We provide equal employment opportunities for all current employees and applicants for employment. This policy means that no one will be discriminated against because of race, religion, creed, color, national origin, nationality, citizenship, ancestry, sex, age, marital status, physical or mental disability, affectional or sexual orientation, military or veteran status, generic predisposing characteristics or any other basis prohibited by law.
Notice To Agency And Search Firm Representatives
Sun Pharmaceuticals (Sun) is not accepting unsolicited resumes from agencies and/or search firms for this job posting. Resumes submitted to any Sun employee by a third party agency and/or search firm without a valid written & signed search agreement, will become the sole property of Sun. No fee will be paid if a candidate is hired for this position as a result of an unsolicited agency or search firm referral.