Manager, Managed Markets Finance
Manager, Managed Markets Finance
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Job Description
ROLE SUMMARY
The Managed Markets Finance team is responsible for forecasting and managing the balance sheet liabilities for the Commercial Medicare Part D/Coverage Gap Medicaid and Tri Care channels for all BioPharma products. Other critical responsibilities include enabling supporting and preparing analysis on the Chargebacks pipeline accrual Sales Returns accruals (Sales Returns and Steady State) and GPO Admin Fee accruals.
The Manager of Managed Markets Finance reports directly to the Senior Director of Managed Markets Finance and is responsible for owning the Chargebacks Pipeline accrual Sales Returns accruals and GPO Admin Fee accruals as well as supporting other projects such as integrations and other organization wide and team specific projects when needed.
ROLE RESPONSIBILITIES
Provide timely and accurate GPO Admin Fee Chargebacks pipeline and Sales Returns accruals in accordance with the US BioPharma calendar.
Collaborate with PCA team to ensure that all new contract updates are accurately reflected in GPO Admin Fee calculation
Coordinate PCA to ensure that upcoming payments are appropriately reflected in the reserve balance.
Partner with GFS and BU Finance to understand fluctuations in chargebacks activity identifying key events such as LoEs that can significantly impact chargebacks pipeline accrual ensuring that the reserve is appropriately stated.
Provide Ad Hoc Chargebacks reporting by channel for variance commentary and use in the pricing impact model.
Own and update sales returns point of sales accrual rates in SAP.
Manage the steady state sales returns reserve evaluating current liability vs. calculated range and reasonableness test.
Manage the LoE sales returns reserve process and calculation. Identify LoE products that require a reserve and partner with Trade and BU Finance to estimate the reserve required.
Own the Chargebacks Allowance account forecast for use in the forecasted DSO calculation.
Provide clear and concise explanations to Senior Director of Managed Markets Finance and BU Finance members for variance analysis.
Point of contact for Controllers and External Audit to explain fluctuations in the GPO Admin Fees Chargebacks Pipeline and Sales Returns reserves.
Partner with BT to ensure data integrity in Chargebacks GPO Admin Fee and Sales Returns calculation tools
Identify efficiencies and improvements to existing processes.
Support Director and Senior Manager team members with ad hoc analysis for projects and allocation of workload.
BASIC QUALIFICATIONS
Applicant must have a bachelors degree in Finance or Accounting with at least 4 years of finance or accounting experience; OR a masters degree with at least 2 years of experience; OR a PhD with 0 years of experience; OR as associates degree with 8 years of experience; OR a high school diploma (or equivalent) and 10 years of relevant experience.
Must have good analytical interpersonal and communication skills (oral written & presentations) demonstrating the ability to effectively summarize critical information into clear concise and insightful updates for senior leadership
Good financial modeling and independent analysis ability and proactive thought partnership
Ability to manage and prioritize competing business needs and high priority deliverables
Possess organizational skills and ability to manage and reconcile large amounts of data from various systems.
Experience working in a deadline driven environment
Ability to work independently or with minimal supervision
Negotiation and influencing skills
PREFERRED QUALIFICATIONS
Accounting Degree preferred
Expertise in managing balance sheet accruals and reconciliations
Industry knowledge
Ability to interpret and link financial results to business actions
Strong experience with Pfizers financial systems (e.g. Oracle Essbase/Global Mosaic SAP etc.)
Other Job Details:
Last Date to Apply for Job: September 1 2025
Work Location Assignment:Hybrid. Must be able to work from assigned Pfizer office 2-3 days per week or as needed by the business
Relocation assistance may be available based on business needs and/or eligibility.
Sunshine Act
Pfizer reports payments and other transfers of value to health care providers as required by federal and state transparency laws and implementing regulations. These laws and regulations require Pfizer to provide government agencies with information such as a health care providers name address and the type of payments or other value received generally for public disclosure. Subject to further legal review and statutory or regulatory clarification which Pfizer intends to pursue reimbursement of recruiting expenses for licensed physicians may constitute a reportable transfer of value under the federal transparency law commonly known as the Sunshine Act. Therefore if you are a licensed physician who incurs recruiting expenses as a result of interviewing with Pfizer that we pay or reimburse your name address and the amount of payments made currently will be reported to the government. If you have questions regarding this matter please do not hesitate to contact your Talent Acquisition representative.
EEO & Employment Eligibility
Pfizer is committed to equal opportunity in the terms and conditions of employment for all employees and job applicants without regard to race color religion sex sexual orientation age gender identity or gender expression national origin disability or veteran status. Pfizer also complies with all applicable national state and local laws governing nondiscrimination in employment as well as work authorization and employment eligibility verification requirements of the Immigration and Nationality Act and IRCA. Pfizer is an E-Verify employer. This position requires permanent work authorization in the United States.
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Required Experience:
Manager
Employment Type
Full-Time
