Job Description

$23bn! The total worldwide sales of Novartis Pharmaceuticals reported by your team. Your role ensures financial performance through strategic analysis and optimal resource allocation in order to reimagine medicine across 70 countries.

Your responsibilities include but not limited to:

• Review, analyze and evaluate contract language and manage contract changes such as adding/deleting products/NDCs. Review and analyze pricing in Revitas contract systems; ensure accurate reimbursement; maintain proper contract files; monitor contract expiration report. Process Medicaid Rebates within defined timelines.
• Resolve open disputes with states. Work closely with State personnel, internal customers and finance and rebate teams. Maintain good customer relations. Analyze quarter over quarter invoice variances and provide business justifications. Utilize internal and external systems and tools like Revitas, SharePoint, Cognos, IMS, State websites, Rebate Web, Goold, etc. to compile data necessary to research specific programs and claims to analyze product trends and variances across multiple quarters
• Ensure proper compliance with Sarbanes Oxley controls; submit reports necessary to audit tests. Load/maintain all products, pricing and contract information in the Revitas Medicaid Module. Ensure proper set-up, coverage, calculation and reimbursement of all programs and products.
• Work with internal & external IT support teams on system issues, upgrades and patches. Review, analyze and inform senior management on price discrepancies, follow-up and correct all issues related to processing claims or system issues. Tracking of all claims in the NPC Claims tracker to be done accurately and on time
• Analyze claims above $10M, prepare for review with Director/VP using Tellius dashboard. For each program, analyze quarter over quarter invoice variances of greater than $500k and report to manager and forecasting team with business justifications. Analyze the trending report for significant variances in utilization, sales and rebates across quarters and programs and comment with logical business justifications.
• Review CLDs to close open disputes, identify duplicates across programs and MEF analysis. Saving all payment related documents for future audit requirements. Partnering with Government Pricing & contracting team to ensure accurate pricing calculations
• Support the Government Price Compliance team with timely and accurate claims information for internal and external audits. Partnering with U.S. federal states to resolve claims' issues, inquiries and claim dispute

Minimum requirements

What you'll bring to the role:

• MBA (Finance) / M.Com / CA / ICWA / any other equivalent degree
• Minimum 2 to 4 years work experience required, preferably in the pharmaceutical or financial industries with financial analytics.

Why Novartis?
766 million lives were touched by Novartis medicines in 2021, and while we're proud of this, we know there is so much more we could do to help improve and extend people's lives.

We believe new insights, perspectives and ground-breaking solutions can be found at the intersection of medical science and digital innovation. That a diverse, equitable and inclusive environment inspires new ways of working.

We believe our potential can thrive and grow in an unbossed culture underpinned by integrity, curiosity and flexibility. And we can reinvent what's possible, when we collaborate with courage to aggressively and ambitiously tackle the world's toughest medical challenges. Because the greatest risk in life, is the risk of never trying!

Imagine what you could do here at Novartis!

Accessibility and accommodation
Novartis 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 recruitment process, or in order to perform the essential functions of a position, please send an e-mail to diversityandincl.india@novartis.com and let us know the nature of your request and your contact information. Please include the job requisition number in your message.

Novartis is an equal opportunities employer and welcomes applications from all suitably qualified persons.

Join our Novartis Network: If this role is not suitable to your experience or career goals but you wish to stay connected to hear more about Novartis and our career opportunities, join the Novartis Network here: https://talentnetwork.novartis.com/network

Functional Area

Audit & Finance

Division

PHARMA

Business Unit

Global Finance&Admin

Employment Type

Regular

Commitment to Diversity & Inclusion:

Novartis is committed to building an outstanding, inclusive work environment and diverse teams representative of the patients and communities we serve.

Shift Work

No

Early Talent

No