Manager, Fair Market Value

Job Description Summary

Job Description

Key Responsibilities:

• Conduct and manage fair market value assessments Commercial entities in the U.S. industry (e.g. Specialty Pharmacies Wholesalers/Distributors PBMs GPOS HUBs Copay vendors etc.)
• Collaborate with cross-functional teams across Finance Market Access Novartis Patient Services Medical etc. to ensure alignment in fair market value assessments and decision-making processes
• Maintain all fair market value Work Process Documents (WPDs) and remain in compliance with all pertinent WPDS
• Support relationships with external vendors and consultants to support fair market value assessments
• Maintain and enhance processes to remain compliant with Centers for Medicare & Medicaid Services (CMS) regulations on fair market value
• Work with Associate Director/Director to provide communications and conduct training as needed across the broader organization

Essential Requirements:

• Bachelors degree preferably in Finance/Accounting. Masters degree MBA or CPA preferred
• 4 years of experience in finance accounting or economics within pharmaceutical or healthcare industry
• Excellent analytical skills with the ability to interpret complex data and market trends to conduct a fair market value assessment
• Strong financial modelling skills: Advanced Microsoft Excel Skills
• Proactive mindset and ability to execute multiple assignments simultaneously
• Strong communication and interpersonal skills with the ability to collaborate with internal and external stakeholders at all levels
• Experience conducting financial analysis/valuations preferably fair market value analysis of healthcare business compensation and various service agreements for management planning and regulatory compliance purpose

Desirable Requirements:

• Knowledge of pharmaceutical industry and its policies and regulations
• Experience with commercial entities (e.g. Specialty Pharmacies Wholesalers/Specialty Distributors PBMs GPOs HUBs Copay vendors etc.)

Novartis Compensation and Benefit Summary:

The salary for this position is expected to range between $108500 and $201500 per year.

The final salary offered is determined based on factors like but not limited to relevant skills and

experience and upon joining Novartis will be reviewed periodically. Novartis may change the published salary range based on company and market factors.

Your compensation will include a performance-based cash incentive and depending on the level of the role eligibility to be considered for annual equity awards.

US-based eligible employees will receive a comprehensive benefits package that includes health life and disability benefits a 401(k) with company contribution and match and a variety of other addition employees are eligible for a generous time off package including vacation personal days

holidays and other leaves.

To learn more about the culture rewards and benefits we offer our people click here

EEO Statement:

The Novartis Group of Companies are Equal Opportunity Employers. We do not discriminate in recruitment hiring training promotion or other employment practices for reasons of race color religion sex national origin age sexual orientation gender identity or expression marital or veteran status disability or any other legally protected status.

Accessibility and reasonable accommodations

The Novartis Group of Companies are 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 to perform the essential functions of a position please send an e-mail 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

Skills Desired