Director, Government Pricing (Managed Markets Finance) - Job ID: 1727
Director, Government Pricing (Managed Markets Finance) - Job ID: 1727
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1 Vacancy
Job Description
Ascendis Pharma is a dynamic fast-growing global biopharmaceutical company with locations in Denmark Europe and the United States. Today were advancing programs in Endocrinology Rare Disease and Oncology.
Here at Ascendis we pride ourselves on exceptional science visionary leadership and skilled and passionate colleagues.
Guided by our core values of Patients Science and Passion we use our TransCon drug development platform to fulfill our mission of developing new and potentially best-in-class therapies to address unmet medical needs.
Our culture fosters a place where skilled adaptable and highly resourceful professionals can truly make their mark. We offer a dynamic workplace for employees to grow and develop their skills.
The Director Government Pricing will lead the development execution and oversight of government pricing-related operations and reporting across the U.S. business. This individual will serve as a strategic partner to Finance Market Access Legal and Commercial teams ensuring compliance with evolving federal and state pricing regulations while maximizing net revenue and supporting business planning and decision-making. This role requires a deep understanding of U.S. government pricing programs and the pharmaceutical reimbursement landscape.
Key Responsibilities
- Lead the end-to-end government pricing reporting and operations including oversight of government pricing calculations compliance and reporting for programs such as AMP BP 340B/PHS FSS/VA ASP NFAMP FCP IFF and URA.
- Oversee the management of GP models including calculation validation documentation and submission of monthly quarterly and annual GP reports to CMS VA/DoD and state Medicaid agencies and any programs requiring price reporting per legislative requirements
- Provide government pricing impact assessments to aid in the strategic direction on GTN modeling forecasting accruals bid assessments commercial contracting new product launches and scenario planning to inform financial planning and product pricing decisions.
- Partner cross-functionally with Commercial Market Access Trade Global Finance and Legal teams to ensure alignment and compliance.
- Guide the design and enhancement of automation tools and dashboards to streamline data aggregation analytics and executive reporting for government pricing
- Serve as a key contributor in the assessment of new legislation (e.g. Inflation Reduction Act) including government pricing impact assessments.
- In partnership with Market Access represent Government Pricing in strategic pricing committees providing insight into the financial impact of pricing and contract decisions.
- Oversee the development and maintenance of SOPs assumptions documentation and procedural controls to ensure audit readiness and policy alignment and serve as SME for government pricing during audits and inquiries.
- Manage reviews and approvals of monthly accruals reconciliations utilization files (e.g. rebates 340B claims) and reporting packages to ensure accuracy and compliance.
- Stay abreast of industry trends policy changes and regulatory updates; evaluate their potential impact on government pricing GTN impact pricing strategy and financial forecasts.
- Serve as the primary point of contact for internal and external audits related to government pricing.
- Oversee vendors and consultants providing government pricing support or software solutions.
- Champion cross-functional initiatives related to FMV analysis bona fide service fees state transparency reporting and other pricing-related special projects.
- Ensure compliance with laws governing government programs are within Ascendis written policies procedures and standards of conduct.
Requirements
- Bachelors degree required; advanced degree (MBA MHA Finance or related field) strongly preferred.
- Minimum 10 years of progressive experience in pharmaceutical finance pricing market access or government programs
- Deep expertise in U.S. Federal and State Pricing Programs (Medicaid Medicare VA/DoD PHS/340B) and related regulations.
- Expertise in GP reporting systems and tools (e.g. Revitas ModelN iCyte Flex etc.)
- Strong command of GTN forecasting accrual methodology and related analytics and reporting.
- Prior experience interfacing with CMS VA and/or external auditors.
- Experience with product launches and lifecycle pricing strategy in heavily contracted therapeutic areas
- Familiarity with Medicaid Supplemental Rebates and State Price Transparency Laws.
- Demonstrated ability to lead cross-functional initiatives and influence senior stakeholders
- Proven ability to manage compliance risk in a dynamic and regulated environment
- Exceptional analytical problem-solving and communication skills
- High attention to detail with a strategic mindset and ability to see the big picture
The estimated salary range for this position is $215000-$230000/DOE. Actual salary determination is dependent on a variety of factors some of which include: experience qualifications and geographic location. This position may be eligible for a discretionary annual bonus or an incentive compensation plan (eligibility varies based on role and position level) discretionary stock-based long-term incentives paid time off and a comprehensive benefits package.
Benefits
- 401(k) plan with company match
- Medical dental and vision plans
- Company-offered Life and Accidental Death & Dismemberment (AD&D) insurance
- Company-provided short and long-term disability benefits
- Unique offerings of Pet Insurance and Legal Insurance
- Employee Assistance Program
- Employee Discounts
- Professional Development
- Health Saving Account (HSA)
- Flexible Spending Accounts
- Various incentive compensation plans
- Accident Critical Illness and Hospital Indemnity Insurance
- Mental Health resources
- Paid leave benefits for new parents
Ascendis Pharma is proud to be an equal opportunity employer. We are committed to creating an inclusive environment for all employees.
A note to recruiters:
We do not allow external search party solicitation. Presentation of candidates without written permission from the Ascendis Pharma Inc Human Resources team (specifically from: Talent Acquisition Partner or Human Resources Director) is not allowed. If this occurs your ownership of these candidates will not be acknowledged.
Required Experience:
Director
Employment Type
Full-Time
