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Associate Director
2 months ago
~~~Please note: This is a temporary contractor opportunity at Novartis ~~~
Novartis touches the lives of a tenth of the world’s population. Every role here, regardless of contract type, makes an impact on human life
Novartis US partners with external managed service provider Magnit Global to offer engaging temporary contractor opportunities like this, to those who are looking for flexibility in their career while looking to gain new skills and experiences providing services to an inclusive global medicines company. Click here to learn more about Magnit www.magnitglobal.com
Ready to work with/through Magnit at Novartis? Please read on...
Associate Director - R2R Gross to Net Accounting
The Associate Director Gross to Net Accounting will handle complex and material dollar areas in Gross to Net such as Medicaid Rebates, Managed Care Rebates, Medicare Rebates, Doughnut Hole, copays, vouchers, chargebacks and/or returns. Responsibilities would also include but not be limited to: Month-end closings, financial reporting, balance sheet review / reconcilia-tions.
Works collaboratively between the FRA team and key customers in Managed Markets Finance and Business Planning and Analysis.
Job Activities
Leadership position in the Gross to Net Accounting team responsible for complex areas such Medicaid/Commercial/Medicare rebates, chargebacks, returns and copays
Subject Matter Expert for ERP and reporting tools including (SAP, FCRS, and IBI)
Understanding of operating and pipeline reserves for GTN with timing lags from point of sale accruals, lump sum dollar accruals through actual claims paid
Prepare or review Balance Sheet and P&L analysis and reporting for GTN
Complete and review account analysis and account reconciliations.
Monthly and quarterly financial closing and reporting process ensuring high quality financial statements, accurate management reporting and refine process for efficiency for Gross to Net
Collaborate with key stakeholders, including FRA reporting team, Managed Markets Finance and Business Planning and Analysis
Work on controls and audits with internal controls team and external auditors
•Work on divestiture agreements, including working with external companies on billing and payments.
Education and other requirements:
Undergraduate degree in Accounting and/or Finance
Advanced degree in Finance, Accounting or Business preferred
8+ years of Financial experience
CPA or MBA required
Proven ability to drive meaningful improvements in performance, quality and efficiency through system and process innovation and effective project management
Proven ability to work effectively in a multi-national, matrix organization, and build mu-tually productive business partner
Demonstrated understanding of key business fundamentals and value drivers
In depth knowledge of Gross to Net P&L and balance sheet calculations, analysis and reporting
Extensive knowledge of accounting and financial reporting requirements, Enterprise systems knowledge (SAP)
Experience of managing projects driving performance (e.g. ERP implementation)
Knowledge of Breakaway or similar Gross to Net tool preferred
Location: East Hanover,NJ
Pay Rate:$115-$141.40/hour based on qualifications (W-2/only)
Contract: 7+ months
Health, dental, vision, 401k
Why Novartis?
766 million lives were touched by Novartis medicines in 2021, and while we’re proud of this, we know there is so much more we could do to help improve and extend people’s lives.
We believe new insights, perspectives and ground-breaking solutions can be found at the intersection of medical science and digital innovation. That a diverse, equitable and inclusive environment inspires new ways of working.
We believe we can reinvent what's possible when we collaborate with courage to ambitiously tackle the world’s toughest medical challenges. Because the greatest risk in life, is the risk of never trying
Imagine the impact you could make here at Novartis
Commitment to Diversity & Inclusion:
Novartis is committed to building an outstanding, inclusive work environment with diverse teams representative of the patients and communities we serve.
To do our best work we need different viewpoints, which is why here at Magnit, we celebrate diversity and embrace inclusion. As an equal opportunity employer, Magnit is dedicated to building a team that represents a variety of backgrounds, perspectives, and skills. We strive to ensure that we maintain a positive and enriching work environment for all.
Accommodation:
If you require reasonable accommodation in completing this application, interviewing, completing any pre-employment testing, or otherwise participating in the employee selection process, please direct your inquiries to Magnit at directsourceproteam@prounlimited.com..
Commitment to Diversity and Inclusion / EEO
