Jul 14, 2022

Job Description

Bringing life-changing medicines to millions of people, Novartis sits at the intersection of cutting-edge medical science and innovative digital technology. As a global company, the resources and opportunities for growth and development are plentiful including global and local cross functional careers, a diverse learning suite of thousands of programs & an in-house marketplace for rotations & project work. With a strong medicines pipeline our current transformation will not just deliver growth for our business but continue to allow us to bring innovative medicines to patients quickly.

Join a team of managers to oversee the Managed Care Rebate operations for Novartis and its divisions. Ensure the accurate and timely system set up and payment of all contractual rebate obligations to Managed Care Commercial customers including large PBMs, Health plans, GPOs and select other customers, as well as managing special projects. Develop analytical tools and interpret multiple data sets to inform various business partners across Novartis and its divisions.

Your responsibilities include, but are not limited to:

• Lead, develop and motivate a team of analysts to high performance. Coach, mentor and train team members to reach their full success in the organization.
• Accurately evaluate and interpret Managed Care contracts and monitor the status of rebate claims to ensure rebate payments are made accurately and timely as per the terms and conditions of the Contracts and timely system set up and payment of complex contractual rebate obligations. Review & approve high volume of rebates payments in a tight time frame. Identify disputed rebate claim data and work with Account Management to negotiate settlements with customers.
• Manage the activities for multiple divisions with different systems, processes and relationships. Partner with a global team responsible for entire rebates operation for US Managed Care including US and India-based associates.
• Minimize Revenue Leakage by leading data scrubbing projects and using innovative analytical tools.
• Manage cash flow demands, estimates and forecasts on a monthly basis and develop insightful analytics that both explain and predict revenue deduction fluctuations.
• Develop process improvements such as robotics and automation in order to stay current with industry standards and regulatory changes.
• Ensures full compliance with all relevant company policies and procedures (SOX, etc.).

This is a US based position. No international relocation will be provided for this position.

This position will be located at the East Hanover, NJ site and will not have the ability to be located remotely.
Please note that this role would not provide relocation and only local candidates will be considered.

COVID-19: While Novartis does not require vaccination at this time, for certain Novartis sites in the US all associates and candidates may be required to either upload an image of their COVID-19 vaccine card demonstrating proof of full vaccination for COVID-19 (or other similar evidence of vaccination) or proof of a negative COVID-19 test taken by the associate or candidate within the past seven days to enter any of our sites and/or customer office or healthcare facility, as well as prior to participating in other work related off-site meetings. Employees working in customer-facing roles must adhere to and comply with customers’ (such as hospitals, physician offices, etc.) credentialing guidelines, which may require vaccination. As required by applicable law, Novartis will consider requests for reasonable accommodation for those unable to be vaccinated. This requirement is subject to applicable state and local laws and may not be applicable to employees working in certain jurisdictions. Please send accommodation requests to [email protected].

Diversity & Inclusion / EEO

The Novartis Group of Companies are Equal Opportunity Employers and take pride in maintaining a diverse environment. We do not discriminate in recruitment, hiring, training, promotion or other employment practices for reasons of race, color, religion, gender, national origin, age, sexual orientation, gender identity or expression, marital or veteran status, disability, or any other legally protected status. We are committed to building diverse teams, representative of the patients and communities we serve, and we strive to create an inclusive workplace that cultivates bold innovation through collaboration and empowers our people to unleash their full potential.

Minimum Requirements

What you’ll bring to the role:

• Bachelor’s Degree or equivalent 4-Year University degree
• 4+ years of experience in financial analysis, customer payments and contracts or related expertise. Pharmaceutical/biotech industry experience a must
• Ability to present complex information and data sets in an understandable and compelling manner.
• Excellent written and oral communication skills to interact with all levels of internal and external
• customers.
• Excellent analytical skills are necessary to review contracts, approve rebates and assess/ recommend improvements to business performance & impact.
• Excellent interpersonal, and relationship management skills.
• Strong Organizational Management Techniques.
• Ability to work in a matrixed organization and influence others.

• Degree subject area in Business, Finance, Accounting or related
• Strong knowledge of payment validation procedures and systems including knowledge of contract and
• rebate adjudication systems such as Model N,
• Revitas Flex & Classic, ECP and SAP strongly preferred
• Functional understanding of legal aspects of contracts as well as the healthcare industry including market access, formulary management, access contracts and price protection.


Why Novartis?
766 million lives were touched by Novartis medicines in 2021, and while we’re proud of this, we know there is so much more we could do to help improve and extend people’s lives.

We believe new insights, perspectives and ground-breaking solutions can be found at the intersection of medical science and digital innovation. That a diverse, equitable and inclusive environment inspires new ways of working.

We believe our potential can thrive and grow in an unbossed culture underpinned by integrity, curiosity and flexibility. And we can reinvent what's possible, when we collaborate with courage to aggressively and ambitiously tackle the world’s toughest medical challenges. Because the greatest risk in life, is the risk of never trying!

Imagine what you could do here at Novartis!

Commitment to Diversity & Inclusion:
Novartis is committed to building an outstanding, inclusive work environment and diverse teams representative of the patients and communities we serve.

Accessibility and Reasonable Accommodations: Individuals in need of a reasonable accommodation due to a medical condition or disability for any part of the application process, or to perform the essential functions of a position, please send an e-mail to [email protected] or call +1 (877)395-2339 and let us know the nature of your request and your contact information. Please include the job requisition number in your message.

Join our Novartis Network: If this role is not suitable to your experience or career goals but you wish to stay connected to hear more about Novartis and our career opportunities, join the Novartis Network here: https://talentnetwork.novartis.com/network
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East Hanover, NJ
Full Time
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