Pricing Manager

4 weeks ago

East Windsor, United States AdvaGen Pharma Full time

**Summary/Objective**

The Pricing Manager is responsible for leading processes and systems related to the management of the Pricing of offers for customers. Conduct and manage the Bid / RFP process independently, maintaining pricing in internal databases/ systems as well as official compendia in accordance with the published pricing policy and ensures that all necessary compliance steps are performed.

**Responsibilities**:

- Implementation of analytical tools and expertise supporting the generic product contracting strategies;
- Evaluation of customer contracting opportunities
- Performing Competitive analysis
- Monitoring performance change and compliance with contract terms
- Prepares and validates pricing negotiations, administration, analysis, proposals and customer contract activities for accurate contract acquisition and fulfillment in accordance with company policies, legal requirements, and customer specifications.
- Manages submissions of pricing proposals prepared/submitted in the AdvaGen Bid Portal for appropriate approvals.
- Collaborates in a cross functional environment to communicate all aspects of the contracting process and to ensure the fulfillment of all contractual obligations in a timely and accurate manner.
- Orchestrates the overall pricing validation efforts, customer awards/losses notifications, and new business opportunities processes.
- Maintains products within product catalog and assesses strategic portfolio optimizations / rationalizations.
- Develops and recommends the establishment of SWP, List, and WAC pricing.
- Communicates all applicable product and pricing data with Trade Pricing Compendia, State Medicaid Agencies, and Puerto Rico Product Registration Office.
- Prepares bids, processes specifications, and prepares progress and other customer reports.
- Executes price change documents, including pricing amendments, new contract loads, compliance documents, and gains necessary approvals.
- Monitors and documents competitive selling information on a routine basis for use in contract and pricing analyses.
- Assists finance on customer sales deductions for proper identification and payment.
- Assists finance with customer rebate or administrative fee program administration and provides a link between the customer and finance department.
- Prepares standard financial reports related to RFPs and rebates and develops systems and procedures to track programs.
- Professionally represents the interests of Company with customer requests while securing contractual relationships for the sale of products.
- Monitors purchases for performance change and compliance with contract terms.
- Fosters decisions and processes that minimize chargeback discrepancies and customer deductions.

**Education and Experience**
- BA/BS degree
- At least two years of commercial generic pharmaceutical pricing experience (i.e., managing the internal contract process, hands-on contractual work, document submission, negotiations, execution, and customer service)
- Experience in developing work flow systems, procedures and customizing documents
- Pharmaceutical Generic business experience preferred; familiarity with the business and regulatory environment, organization structure, functional roles and responsibilities, pharmaceutical terminology
- Experience in managing and processing rebates, fees and discounts; knowledge of related legislation, contracting and pricing guidelines

**Skills and Competencies**
- Read, comprehend and write complex documents;
- Strong Excel Modelling Skills; and keen eye for detail and accuracy
- Ability to manage change and accepting personal responsibility; computer literacy, Internet skills, ability to retrieve and manage information using technology;
- Knowledge of records and data management best practices, tools and technology support systems.
- Ability to provide transparency of process and influence decision makers.

**Position Type**

Regular full-time

**Travel**

The position may require some overnight travel.

**Salary**:
110,000- 120,000 per year

**Benefits**:

- 401(k)
- Dental insurance
- Health insurance
- Paid time off
- Vision insurance

Work Schedule:

- 8 hour shift
- Day shift
- Monday to Friday
- 100% on site

Pay: $110,000.00 - $120,000.00 per year

**Benefits**:

- Dental insurance
- Paid time off
- Vision insurance

**Experience**:

- Pricing: 3 years (required)

Ability to Commute:

- East Windsor, NJ 08520 (required)

Work Location: In person

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