Government Pricing Sr. Analyst

2 weeks ago

Boca Raton, Florida, United States ADMA BIOMANUFACTURING LLC Full time
Job Summary

ADMA Biologics is seeking a skilled Government Pricing Sr. Analyst to join our team. The successful candidate will be responsible for reviewing price calculations, government reporting obligations, commercial contracts review, and Gross-to-Net (GTN) analysis required to manage these programs.

Key Responsibilities
  • Review and analyze reporting of programs requiring price reporting, per legislative requirements, including Average Manufacturers Price (AMP), Best Price (BP), Average Sales Price (ASP), non-Federal Average Manufacturer Price (nFAMP), Federal Ceiling Price (FCP), Industry Funding Fee (IFF), and Unit Rebate Amount (URA)
  • Data analytics and problem-solving with regards to Government Pricing calculations; trending analyses, and presentations to leadership
  • Support the development of procedural documentation as required by changes in legislation and business practices
  • Interact with multiple layers of staff and leadership regarding price variances and new programs
  • Support the update of SOP's as needed in addition to documenting reasonable assumptions
  • Assist with the review of monthly accruals, reconciliations, analyses, and reporting for all GTN line items
  • Assist with the review of monthly GTN utilization files, GTN accrual summary, file and GTN reporting
  • Provide management with insight and detailed explanations for fluctuations between forecasted rates and actual GTN deductions
  • Awareness of emerging healthcare & pharmaceutical industry trends and assess their potential impact on GTN forecasting and accruals
  • Support Market Access and Compliance teams in analysis of bonafide service fees and other special projects
  • Perform ad-hoc analysis and projects as required by leadership
Requirements
  • College degree in Business or related fields, economics, statistics, finance, or accounting
  • 5+ years of business experience, preferably with a concentration in pharmaceutical data analysis, commercial contracting, Government Programs-related activities, rebates, chargebacks, and financial analysis
  • SAP a plus
  • Strong analytical and problem-solving skills
  • Excellent attention to detail and accuracy
  • Proficiency in Microsoft Excel and other data analysis tools
  • Ability to work independently and adjust priorities to achieve accurate and timely results
  • Strong communication skills (verbally and written) and ability to collaborate across functions
  • Ability to identify opportunities for process improvements and aptitude for continuous improvement and change
Compliance Requirements

As a part of our Quality Systems and cGMP initiatives, employees are responsible for ensuring compliance with all ADMA Quality policies, standards and SOPs in their area of work and responsibility.

This includes ensuring all Quality Assurance (QA) records and reports, Human Resources (HR) policies, and Environmental Health and Safety (EH&S) procedures and practices are completed in a timely manner.

Any delay or failure to comply with policies, standards and procedures is required to be communicated/escalated to the appropriate responsible parties, such as QA, HR, or EH&S depending on the issue.

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