Director/ Associate Director Finance (GTN)
AdvaGen Pharma - East Windsor, NJ
Apply NowJob Description
Title: Director/ Associate Director Gross to Net, Finance Reports to: CFO - Finance and AccountingJob Function:Ensure proper recording and reporting of all components of Net Sales for Generic and Branded business units. This includes Chargebacks, Rebates, Customer Administrative Fees, Medicaid/Government Rebates, Returns, Shelf Stock Adjustments and PenaltiesKey ResponsibilitiesEnsure accurate Point of Sale Accrual Rates on a monthly and quarterly basis, based on actual recent indirect sales history while also taking into account the impact the new contracts and changes to contract pricing might have on customer mixLiaison with off-shore team to mitigate revenue leakage, ensure proper tracking of rebates and chargebacks payments Business partner with Commercial sales organization for new launch gross to net projectionsCollaborate with Sales and Marketing, AR Manager and Supply Chain to understand and document trends that may impact components GTN Review all Gross-to-Net Accruals utilizing Wholesaler Inventory Reports and contract information, with analysis at the Customer and Product Level. Approve related adjustments as requiredProvide required transaction information to i-Contracts to ensure proper Government Pricing calculations. Review all such calculations and report to government agencies as requiredApprove and analyze Medicaid reimbursements and URA's. Use this information to ensure sufficient reserves are in place, at a product levelAssist with oversight of the Returns Vendor, as necessary. Analyze actual returns vs accruals and provide explanations for all variancesProvide monthly commentary to management regarding GTN rates, adjustments and trendsAssist with ensuring the adequacy of GTN reconciliations shared by business partnersOther project responsibilities as assignedSkills and QualificationMinimum 7 years of experience in finance, pharmaceutical industry preferredMinimum 5 years of Gross-to-Net Accounting experience in pharmaceutical industryBachelor's Degree in Accounting or a related discipline is strongly preferred, but may not be required depending on specific experienceExperience in SAP, ERP Systems, revenue management systems (iContracts, Model N, Revitas, Vistex)Strong analytical skillsExcellent communication skills, both verbal and written, across departments and levelsAble to handle multiple tasks and stay organizedStrong attention to detail
Created: 2025-09-28