Data and Analytics Manager

NovoNordisk
Plainsboro Township, United States of America
4 days ago

Role details

Contract type
Permanent contract
Employment type
Full-time (> 32 hours)
Working hours
Regular working hours
Languages
English
Compensation
$ 184K

Job location

Plainsboro Township, United States of America

Tech stack

Microsoft Excel
Analysis of Variance (ANOVA)
Software Documentation
Information Engineering
ETL
Data Mining
Data Systems
PC Tools
Information Technology
Data Analytics
Performance Monitor
Software Version Control
Data Pipelines

Job description

The Finance & Operations department brings insights and intelligence to inform decision making & drives digitalization and business solutions to attain NNI goals. Finance & Operations works closely across the organization to guide enterprise-wide resource allocations, investment choices, drive core operations and develop insights to drive growth and operational excellence across the value chain while innovating for future capabilities. Our focus on innovation ensures we're constantly building future capabilities. We're responsible for regulating accounting, upholding workplace safety, managing our supply chain and sampling, supporting technological and data innovation, maintaining our facilities and assuring the integrity and completeness of all business transactions. At Novo Nordisk, you will have the opportunity to build a career in a global business environment. We encourage our employees to make the most of their talent, and we reward hard work and dedication with opportunities for continuous learning and personal development. Are you ready to maximize your potential with us?, The position is responsible for gross-to-net data and analytics for the US business, ensuring external and internal customer alignment as necessary. The position is responsible for: Developing post alternative model implementation analytics, e.g. ROI to support future contract strategy and support on informing GTN strategy. Lead data and analytics efforts for Gross-to-Net (GTN) processes to ensure accurate, timely forecasting, modeling, and reporting of alternative modelling, customer rebates, discounts, chargebacks, and other net revenue deductions. Partner with GTN Finance, IT/ Data Engineering, PCOR, among others to design and maintain data pipelines, analytical models, and reporting that enable reliable GTN calculations and insightful business decisions.

Relationships

Reports to the Director, GTN Forecasting. Position regularly interacts with members in PCOR, GTN Finance, IT/ Data engineering, Finance Strategy and Digitalization, among others.

Essential Functions Alternative ModelsPerform ROI assessments to support future contract and partner strategySupport the development of P&L transparency around alternative model channels and programsOptimize integration of alternative model data into GTN model frameworkDesign, build, and maintain end-to-end data pipelines and ETL processes for alternative model forecasting and ensure completeness and accuracy of the dataSupport performance reporting on alternative models to provide business insights and inform GTN forecasting assumptions

GTN ForecastingDesign, build, and maintain end-to-end data pipelines and ETL processes for GTN-related data (sales, claims, contracts, rebates, chargebacks, government program discounts, etc)Develop, validate, and maintain GTN models and forecasting algorithms to quantify gross-to-net deductions and predict future liabilitiesSupport GTN reporting and dashboards for and produce actionable insights and variance analysis vs. forecast and planImplement model governance, version control, and documentation standards for reproducibility and audit readiness; support internal and external auditsAutomate recurring analyses and month-end processes to improve accuracy and cycle time; prioritize and deliver analytics projects that reduce manual effort and operational riskEvaluate real-world GTN performance vs. pricing strategy assumptionsTrack impacts of new payer contracts and pricing policy changes (e.g. post deal)Build retrospective analytics to support pricing strategiesStay current with industry best practices, tools, and regulations that impact GTN calculations and data treatment CollaborationAccountable to maintain a strong working relationship with key stakeholders to ensure solid and aligned data and analyticsGuides GTN forecasters on data and alternative model analytics as well as supports the team with data and modelsFacilitates collaboration among necessary stakeholders when developing GTN analytics

Systems and Data ManagementSupport gross-to-net forecast models, tools and overall processProposes recommendations for enhancements and/or improvements based on industry trends and evolving business needsContinuously reviews and evaluates the quality of data and new data sources used in analyses, generating new insights Controls, Compliance and FinanceSupport GTN team with rebate controls to meet all audit and internal control (Sarbox) requirements

Requirements

Bachelor's degree in Finance, Accounting, Computer Science, Data Science, Engineering, Statistics, Economics, or related field; relevant experience may be substituted for degree, when appropriate; advanced degree preferred or MBA4+ years of experience in finance analytics, data engineering, revenue operations, GTN, rebate/chargeback analytics, pharmaceutical/healthcare revenue analytics, or closely related domainStrong analytical, quantitative, and qualitative analysis skills requiredStrong SQL skills for data extraction, transformation, and analysisProven experience building and validating financial models and forecastsPrior experience in Managed Market contracting or Gross to Net forecasting a plusHigh attention to detail, strong problem-solving skills, and ability to manage competing priorities in a deadline-driven environmentDevelops and maintains strong internal relationshipsExcellent Excel other PC skills requiredAbility to communicate across all levels of the organization

Benefits & conditions

The base compensation range for this position is $99,600 to $184,200. Base compensation is determined based on a number of factors. This position is also eligible for a company bonus based on individual and company performance.

Novo Nordisk offers long-term incentive compensation and or company vehicles depending on the position's level or other company factors.

Employees are also eligible to participate in Company employee benefit programs including medical, dental and vision coverage; life insurance; disability insurance; 401(k) savings plan; flexible spending accounts; employee assistance program; tuition reimbursement program; and voluntary benefits such as group legal, critical illness, identity theft protection, pet insurance and auto/home insurance. The Company also offers time off pursuant to its sick time policy, flex-able vacation policy, and parental leave policy.

We commit to an inclusive recruitment process and equality of opportunity for all our job applicants.

At Novo Nordisk, we're not chasing quick fixes - we're creating lasting change for long-term health. For over 100 years, we've been driven by a single purpose: to defeat serious chronic diseases and help millions of people live healthier lives. This dedication fuels our constant curiosity and inspires us to push the boundaries of what's possible in healthcare. We embrace diverse perspectives, seek out bold ideas, and build partnerships rooted in shared purpose. Together, we're making healthcare more accessible, treating and defeating diseases, and pioneering solutions that create change spanning generations. When you join us, you become part of something bigger - a legacy of impact that reaches far beyond today.

About the company

Novo Nordisk is a leading global healthcare company, founded in 1923 and headquartered in Denmark. Our purpose is to drive change to defeat diabetes and other serious chronic diseases such as obesity and rare blood and endocrine disorders. We do so by pioneering scientific breakthroughs, expanding access to our medicines, and working to prevent and ultimately cure disease. Novo Nordisk employs about 54,400 people in 80 countries and markets its products in around 170 countries. For more information visit novonordisk.com. Our US Research & Development hub, located in the Greater Boston area, brings together the best talent to drive life science innovation. Located in Lexington, Watertown and Cambridge, our teams reflect the full scope of R&D, from early research through late-stage clinical development. We are building for the future by creating a distinct R&D community based on collaboration, partnerships, and cutting-edge research across multiple modalities and therapeutic areas. We recognize that improving human health starts here and that patients rely on us. By combining the speed and agility of biotech with the quality, resources, and stability of a large pharmaceutical company, our US R&D hub will benefit from the best of both worlds to develop new medicines that meet the needs of patients.

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