Model N

Associate Director, Government Pricing

United States

Not SpecifiedCompensation
Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Pharmaceuticals, Life Sciences, HealthcareIndustries

Government Pricing Associate Director

Employment Type: Regular Full-Time

Position Overview

The Government Pricing Associate Director is accountable for the service provided to multiple pharmaceutical companies to ensure timely and accurate calculation of government prices utilized for federal drug reimbursement. This role serves as a government pricing subject matter expert, providing advice and guidance to other operations team members.

Responsibilities

  • Manage ongoing client relationships, interfacing with clients to resolve specific issues.
  • Review and approve all client billings.
  • Calculate and file appropriate prices for federal drug programs, including:
    • BP (Best Price)
    • AMP (Average Manufacturer Price)
    • ASP (Average Sales Price)
    • PHS/340B (Public Health Service/Section 340B)
    • NFAMP (Non-Federal AMP)
    • FCP/FSS (Federal Ceiling Price/Federal Supply Schedule)
    • IFF (Inflationary Federal Price)
    • URA (Unit Rebate Amount)
  • Handle complex Government Pricing concepts such as bundles, discount reallocation, pro-ration, and smoothing.
  • Lead, review, and approve price calculation reporting with clients.
  • Oversee the analysis and review of monthly and quarterly source data reconciliation and sales data used in price reporting calculations, ensuring reports are submitted in accordance with government regulations.
  • Maintain valid customer Class of Trades assignments in accordance with regulations.
  • Ensure that 340B/PHS prices are calculated, available for pricing, and maintained per federal regulation.
  • Lead client price calculation and/or restatement efforts, as needed.
  • Lead, manage, mentor, and develop a government program team of Consultants and Managers.
  • Stay current and provide business guidance internally and to customers related to the life sciences' Commercial and/or regulatory landscape.
  • Continuously build detailed subject matter expertise and thought leadership in government program regulations and share this knowledge with direct reports and peer groups.

Qualifications

  • Education: Bachelor’s Degree required in finance, accounting, or other applicable business experience.
  • Experience:
    • 10+ years of experience working in the pharmaceutical industry with state and federal pricing, reporting, and rebate programs.
    • Experience working in a mandated deadline environment.
    • Proven ability to manage multiple client assignments and prioritize effectively.
    • High accuracy rate and attention to detail; ability to produce client-ready deliverables for a high-level executive/professional client base.
    • Experience achieving and maintaining compliance with all applicable regulatory, legal, and operational rules and procedures by ensuring all plans and activities meet "best" industry practices.
  • Skills:
    • Strong written and verbal communication skills.
    • Proficiency with Microsoft Office products required.
    • Knowledge of advanced Excel techniques such as pivot tables and data importing is desired.
    • Experience in and ability to learn standard industry systems environments.
    • Essential ability to manage multiple and competing tasks across functional areas.

Company Information & Compensation

At Model N, we offer fair, equitable, and competitive salary ranges for all positions. Compensation varies depending on factors such as a candidate’s relevant experience, education and/or certifications, location, training, and other skills.

Compensation:

  • Positions are eligible to participate in either our employee bonus program or commission payments, depending on the nature of the role.
  • The base salary for this position will be $135,000 - $156,000.

Total Rewards Package: Model N offers a robust total rewards package that supports individuals to be their best and protects the well-being of participating dependents. Benefits include:

  • Medical, Dental, Vision
  • Health Savings Accounts (HSA)
  • Flexible Spending Accounts (FSA)
  • Commuter Benefits
  • Matching 401K
  • Paid Time Off (PTO)
  • Volunteer Time Off (VTO)
  • Life Insurance
  • Pet Insurance
  • Employee Assistance Programs (EAP)
  • Mental Health Programs
  • Charitable Giving
  • Coaching
  • Career Growth opportunities
  • And much more.

If your salary expectations are outside of this range, feel free to [contact us/apply].

Skills

Government Pricing
Federal Drug Reimbursement
BP
AMP
ASP
PHS/340B
NFAMP
FCP/FSS
IFF
URA
Bundles
Discount Reallocation
Proration
Smoothing
Source Data Reconciliation
Sales Data Analysis
Class of Trade Assignments
Client Relationship Management
Team Leadership
Mentoring
Regulatory Landscape Analysis
Finance
Accounting

Model N

Cloud-based revenue management solutions provider

About Model N

Model N offers cloud-based revenue management solutions tailored for the high-tech and life sciences industries, helping clients maximize revenue throughout the commercialization process. Their platform includes industry-specific tools like Revenue Cloud for Pharma and Medtech, which address complex pricing and compliance challenges. Clients subscribe to Model N's software-as-a-service (SaaS) model, ensuring continuous updates and support. The company's goal is to enable clients to efficiently bring life-changing products to market while navigating regulatory complexities.

San Mateo, CaliforniaHeadquarters
1999Year Founded
$36MTotal Funding
IPOCompany Stage
Enterprise Software, HealthcareIndustries
1,001-5,000Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Health Savings Account/Flexible Spending Account
Unlimited Paid Time Off
Flexible Work Hours
401(k) Company Match
Paid Vacation
Life Insurance
Pet Insurance
Employee Assistance Programs
Mental Health Support
Employee Stock Purchase Plan
Professional Development Budget

Risks

Vista acquisition may disrupt operations or affect company culture.
GenAI integration may face adoption challenges among existing clients.
Inflation Reduction Act could impact clients' revenue, affecting investment in Model N.

Differentiation

Model N specializes in revenue management for life sciences and high-tech industries.
Their solutions address complex pricing, compliance, and revenue challenges in targeted sectors.
Model N's SaaS model ensures continuous updates and support for its clients.

Upsides

Integration of GenAI enhances efficiency in revenue management processes.
New Medicare Part D rebate feature aids compliance with Inflation Reduction Act.
Vista Equity acquisition provides resources for market expansion and product enhancement.

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