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Senior Anaplan Model Builder - Jersey City, United States - JobRialto
Description
The Gross to Net Analyst is responsible for managing and optimizing the gross to net accounting process within the pharmaceutical sector.
This role involves analyzing sales data, calculating various deductions and allowances, and ensuring accurate revenue recognition in compliance with industry regulations.
The Gross to Net Analyst plays a critical role in financial reporting, forecasting, and decision-making processes.Key Responsibilities:
Revenue Recognition:
Analyze pharmaceutical sales data to determine gross revenue and calculate net revenue after accounting for discounts, rebates, chargebacks, and other deductions.
Contract Management:
Review and interpret pharmaceutical contracts, including pricing agreements, rebate contracts, government pricing programs, and managed care contracts.
Collaborate with sales, finance, and legal teams to ensure accurate and timely implementation of contract terms and conditions.
Deduction Processing:
Validate and process deductions related to chargebacks, rebates, returns, and other contractual obligations.
Maintain accurate records of deductions and reconcile discrepancies with customers and trading partners.
Forecasting and Analysis:
Develop gross to net forecasts based on historical trends, market dynamics, and anticipated changes in pricing and reimbursement policies.
Conduct variance analysis to explain deviations from forecasted results and identify areas for improvement.
Compliance and Audits:
Ensure compliance with government regulations such as Medicaid best price, Medicare Part D, and 340B Drug Pricing Program.
Support internal and external audits by providing documentation, responding to inquiries, and addressing audit findings.
Process Improvement:
Identify opportunities to streamline gross to net processes, enhance controls, and improve efficiency.
Implement system enhancements, automation tools, and best practices to optimize revenue recognition and minimize revenue leakage.
Qualifications:
Bachelor's degree in accounting, finance, or related field; advanced degree or CPA preferred.
8 years of experience in pharmaceutical revenue accounting, gross to net management, or related areas.
Strong understanding of pharmaceutical pricing strategies, government programs, and industry regulations.
Proficiency in accounting software (e.g., SAP, Oracle) and advanced Excel skills.
Excellent analytical skills with the ability to interpret complex financial data.
Detail-oriented mindset with a focus on accuracy, integrity, and compliance.
Effective communication skills and the ability to collaborate with cross-functional teams.
Education: Bachelors Degree
