Senior Financial Analyst, Government Market Access
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Wilmington, DE 19806
At AstraZeneca we turn ideas into life changing medicines. Working here means being entrepreneurial, thinking big and working together to make the impossible a reality. We’re focused on the potential of science to address the unmet needs of patients around the world. We commit to those areas where we think we can really change the course of medicine and bring big new ideas to life.
The Senior Financial Analyst, Government Market Access will provide financial support for ongoing government liabilities (Coverage Gap & HCR Excise fee), as well as financial impact analysis on emerging federal and state legislative (and non-legislative) threats. In addition, support the Gross-to-net liabilities for Product Returns, Distribution Services Agreement fees and Coupon accruals.
Main Duties & Responsibilities:
+ Analyze financial impact of proposed government legislation on AZ financials, liaising closely with the state and federal government affairs teams
+ Manage the liability relating to the Coverage Gap and Health Care Reform (HCR) Excise fee, providing budget guidance to the brand teams during budget cycles, monitoring variances between forecast and actual invoices and ensuring timely payment to the IRS.
+ Monitor the Medicaid environment and communicate any key assumption changes to the brand teams, including CPI-U economic projections for the budget cycles
+ Work closely with the brand teams to monitor and assess impact of price predictability clauses in both the government and commercial segment, supporting portfolio level net price realization analysis.
+ Manage gross-to-net liabilities relating product returns, distribution service agreements (DSA), and coupons, including monthly close, forecast guidance for ABU/RBU and LRP’s. Manage Global Financial Services (GFS) who is responsible for completion of the detailed activities.
+ Complete working capital forecasts for excise fee and oversee working capital forecasts for other GTN areas completed by GFS.
+ Assist in the consolidation of the managed market total liability including monthly close, consolidated rebate forecasts for ABU/RBU, JEV entries to SAP, SAP rate table maintenance, etc.
+ Liaise with AZ SOX team & KPMG to ensure compliance with all SOX guidelines and requirements.
+ Bachelor’s Degree (or equivalent) required. (Degree in Finance or Accounting preferred)
+ 3+ years of financial experience required
+ Knowledge of the managed markets environment, including government programs
+ Excellent PC skills and experience including SAP, Excel and PowerPoint
+ Strong analytical ability
+ High degree of accuracy with attention to detail
+ Exceptional communication and interpersonal skills, including oral and written
+ Ability to effectively collaborate and coordinate activities across cross functional teams
+ Pharmaceutical industry experience preferred
+ Experience in gross to net area preferred
+ Experience in managed markets space preferred
Next Steps – Apply today!
To be considered for this exciting opportunity, please complete the full application on our website at your earliest convenience – it is the only way that our Recruiter and Hiring Manager can know that you feel well qualified for this opportunity. If you know someone who would be a great fit, please share this posting with them
AstraZeneca is an equal opportunity employer. AstraZeneca will consider all qualified applicants for employment without discrimination on grounds of disability, sex or sexual orientation, pregnancy or maternity leave status, race or national or ethnic origin, age, religion or belief, gender identity or re-assignment, marital or civil partnership status, protected veteran status (if applicable) or any other characteristic protected by law.