Manager, Gross To Net (GTN)

Sandoz

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profile Job Location:

Princeton, NJ - USA

profile Salary: Not Disclosed
Posted on: 21 hours ago
Vacancies: 1 Vacancy

Job Summary

Job Description Summary

As the Associate Director GTN for Sandoz US you will work with the Director GTN for Sandoz US and other business partners in executing gross to net (GTN) forecasting and estimation for Sandoz US and forecast and manage approximately $5Bn of revenue deductions. As part of the in-country Revenue Finance Operations team you will contribute directly to ensuring alignment with the leadership team and key stakeholders closely monitor risk & opportunities to the P&L provide guidance to various teams while promoting and maintaining a robust control environment that enables accurate and timely accounting and reporting of financials.

Job Description

Sandoz continues to go through an exciting and transformative period as a global leader and pioneering provider of sustainable Biosimilar and Generic medicines. As we continue down this new and ambitious path unique opportunities will present themselves both professionally and personally.

Join us the future is ours to shape!

Position Location:
This position will be located at the Princeton NJ US Headquarters site. Our Sandoz flexible hybrid working approach allows US office-based employees to work up to 50% of their monthly workday remotely. This role will not have the ability to be located remotely. Preference will be given to local candidates not requiring relocation.


Must be authorized to work in the U.S. U.S. work visa sponsorship is not available for this role now or in the future.

Major Accountabilities / Your Key Responsibilities:

Your responsibilities include but not limited to:

  • Work with direct manager and key stakeholders to support financial activities decision making and general projects. Ensure the operational conversion of the BPA strategic goals within a dedicated area of the business -Provide management with accurate relevant business analysis to support monthly operational reviews and ad-hoc requests and ensure timely and accurate information gathering.

  • Perform analysis to evaluate risks or opportunities; make recommendations to mitigate these risks.

  • Manage and provide financial analysis and decision-making support for an investment/project -Ensure ongoing business performance is appropriately monitored and measured and drive early warning for re-direction of resources with Business Partners.

  • Provide accurate operational information and advice to support the annual budgeting rolling forecast and Strategic Planning processes.

  • Ensure integrity of data provided by commercial teams and provides value added; provides recommendations on forecast accuracy improvement.

  • Provide well-managed and quality financial analysis in order to improve business case proposals and profitability tracking.

Key Performance Indicators:

  • Internal customer satisfaction with quality appropriateness and timeliness of financial analyses provided -Reliability timeliness and accuracy of budgetary and financial forecasts -Accuracy of early-warning system and results.

  • Managing GTN risks and Opps efficiently for the line of business.

What youll bring to the role:

Required Qualifications:

Education

  • Minimum of a bachelors degree in accounting and/or Finance.

Experience (Required):

  • 3 years specifically in GTN forecasting accounting and reporting in mid to large size pharma.

  • Strong analytical and problem-solving skills needed to analyze complex financial data and identify risks and opportunities.

  • Ability to work effectively with cross-functional teams

  • Advanced Excel skills.

  • Maintain accuracy and attention to detail.

  • Key to this role is the ability to be creative and think outside the box strong financial accounting foundation effective communication style an ability to deal with complex stakeholder environments ability to work with large datasets to provide meaningful insights and a change agility mindset.

Key Capabilities Required:

GTN Forecasting and Financial Modeling:

  • Expertise in building and maintaining GTN accrual and forecast models by channel (Medicaid Commercial etc.) modeling price concessions and translate GTN impacts into Net Sales.

Strategic & Analytical Thinking:

  • Ability to evaluate commercial and government contracts for GTN impact and partner with key business partners (Market Access Contracts BPA etc.) to develop assumptions assess risks identify and mitigate revenue leakage and track performances vs assumptions.

Cross-Functional Partnering & Influence:

  • Serve as a trusted finance partner to Market Access Pricing & Contracting Commercial Operations Launch Management Business Planning & Analytics etc.; translate complex GTN mechanics into clear actionable items; influence decision-making without direct authority.

Data & Systems Proficiency:

  • Work with GTN-related systems (SAP Vistex Excel etc.) ensuring data integrity and automation to reduce manual risks.

Accruals Close and Financial Controls:

  • Works closely with GTN Financial Accounting & Reporting to ensure completeness of GTN accruals. Provide key stakeholders with GTN actuals vs budget variance analysis. Ensure controls compliance over GTN calculations.

Preferred Requirements:

  • Experience in GTN forecasting accounting and reporting for both brand and generic products

  • MBA/CPA with proficiency in SAP ERP SAP BI/BW

Travel Requirements: up to 5%

Youll Receive:

Sandoz offers a generous employee benefits package that includes a competitive salary health insurance coverage for medical prescription drugs dental and vision a generous company match for retirement savings accounts and generous paid time off. We also follow a hybrid work policy that combines a mix of in-person and remote work to allow our employees flexibility.

The pay range for this position at commencement of employment is expected to be between $93800 - $174200 USD/year; however while salary ranges are effective from 1/1/26 through 12/31/26 fluctuations in the job market may necessitate adjustments to pay ranges during this period. Further final pay determinations will depend on various factors including but not limited to geographical location experience level knowledge skills and abilities. The total compensation package for this position may also include other elements including a sign-on bonus restricted stock units and discretionary awards in addition to a full range of medical financial and/or other benefits (including 401(k) eligibility and various paid time off benefits such as vacation sick time and parental leave) dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment. If hired employee will be in an at-will position and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time including for reasons related to individual performance Company or individual department/team performance and market factors.

On September 30 2021 Sandoz entered into a 5-year Corporate Integrity Agreement. Certain positions will have responsibilities to support the execution and adherence to CIA obligations CIA-related deliverables and any relevant audit monitoring or Independent Review Organization (IRO) remediation.

Sandoz - Notice at Collection to Employees Applicants

Why Sandoz

Generic and Biosimilar medicines are the backbone of the global medicines industry. Sandoz a leader in this sector provided more than 900 million patient treatments across 100 countries in 2024 and while we are proud of this achievement we have an ambition to do more!

With investments in new development capabilities production sites new acquisitions and partnerships we have the opportunity to shape the future of Sandoz and help more patients gain access to low-cost high-quality medicines sustainably.

Our momentum is powered by an open collaborative culture driven by our talented and ambitious colleagues who in return for applying their skills experience an agile and collegiate environment with impactful flexible-hybrid careers where diversity is welcomed and where personal growth is supported!

Join us!

#Sandoz

EEO Statement:

All qualified applicants will receive consideration for employment without regard to race color religion sex sexual orientation gender identity national origin disability or protected veteran status.

Accessibility and reasonable accommodations

Sandoz Inc. is committed to working with and providing reasonable accommodation to individuals with disabilities. If because of a medical condition or disability you need a reasonable accommodation for any part of the application process or in order to perform the essential functions of a position please send an email to or call 1- and let us know the nature of your request and your contact information. Please include the job requisition number in your message.


Salary Range

$0.00 - $0.00

Skills Desired

Ability To Influence Key Stakeholders AI Driven Compliance And Controls Critical Thinking Data Cleansing / Normalization Data Visualization Employee Engagement Financial And Management Giving And Receiving Feedback Insight Generation Interpersonal Savvy Managing Ambiguity Market Understanding Planning & Analysis Process Optimization Rapid Problem Solving Reporting Understanding Value Drivers

Required Experience:

Manager

Job Description SummaryAs the Associate Director GTN for Sandoz US you will work with the Director GTN for Sandoz US and other business partners in executing gross to net (GTN) forecasting and estimation for Sandoz US and forecast and manage approximately $5Bn of revenue deductions. As part of the i...
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Key Skills

  • Entity Framework
  • MVC
  • Wcf
  • .NET
  • ASP.NET
  • Microsoft SQL Server
  • C#
  • Visual Studio
  • TFS
  • ADO.NET
  • JavaScript
  • Visual Basic

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