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Otsuka Pharmaceutical

Global pharma maker of Abilify

Director Government Pricing

Regulatory Compliance & EthicsConfirmed live in the last 24 hours
Full-timeRemote in USARemote

About the Job

Requirements

  • A Bachelor's degree in Accounting, Finance, or Business Administration is required.
  • At least 10 years of progressive experience in the pharmaceutical or biotech industry is required.
  • At least 5 years of direct experience focused on statutory government pricing calculations, operations, and compliance is required.
  • A proven track record of managing technical analyst teams, handling external audits, and presenting complex regulatory risks to senior executives is required.
  • The role requires accountability for strategic objectives and high performance, strategic thinking and problem solving, patient and customer centricity, impactful communication, respectful collaboration, and active support for professional development.

Responsibilities

  • Lead federally mandated price calculations, including Medicaid Average Manufacturer Price and Best Price, Medicare Average Sales Price, and VA Non-FAMP pricing; manage quarterly and annual reporting certifications, analyze pricing trends and anomalies, and ensure data accuracy through validation processes with audit teams.
  • Institute appropriate government pricing accuracy and completeness checks, including independent parallel calculations, validating modeling setup, testing the reasonableness of government pricing changes, and assessing the business impact of updates.
  • Oversee processing and payment of government rebates and discounts, including Medicaid rebates, the Medicare Part D manufacturer discount program, and Inflation Reduction Act inflation rebates.
  • Oversee Federal Supply Schedule contracts, Department of Defense blanket purchase agreements, and Medicaid supplemental agreement negotiations with state programs.
  • Ensure compliance with evolving federal and state requirements, including state price transparency reporting and Medicare Drug Price Negotiation under the Inflation Reduction Act, and evaluate bona fide service fees in partnership with commercial teams.
  • Work with internal and external legal counsel to interpret Centers for Medicare & Medicaid Services guidance and develop compliant contracting language.
  • Collaborate with Contract Operations on commercial rebate alignment, Market Access teams on government account strategy, Gross-to-Net forecasting teams on pricing impact analysis, and Pricing Committees on effects of proposals on government price calculations.
  • Educate stakeholders on government pricing implications of business decisions through lunch-and-learns, annual meetings, and ongoing communications.
  • Oversee third-party vendors and evaluate technology platforms for contract management, rebate analysis, and financial payments.
  • Drive data visibility initiatives through Power BI dashboards and enhanced reporting to enable proactive monitoring.
  • Manage complex dispute processes with state Medicaid agencies, particularly concerning 340B duplicate discounts where manufacturers have provided discounts but states seek rebates.
  • Lead process improvement initiatives to reduce manual workload and free team capacity for strategic analysis rather than transactional payment processing.

Desired Qualifications

  • An MBA, Certified Public Accountant credential, or Juris Doctor is highly preferred.

About the Company

Otsuka Pharmaceutical

Global pharma maker of Abilify

Otsuka Pharmaceutical develops and markets medicines and health products worldwide, including prescription drugs and nutraceutical beverages. Its product lineup ranges from pharmaceutical treatments such as Abilify (an antipsychotic) to consumer health drinks like Pocari Sweat, which helps replenish electrolytes. Abilify works as a psychiatric medication used to treat conditions such as schizophrenia and bipolar disorder, while Pocari Sweat is an ion-replacement beverage designed to restore minerals and fluids after activity or heat. The company differentiates itself through a long history dating back to its founding in 1921, a broad, globally scaled portfolio spanning drugs and health beverages, and a focus on health improvements across populations. Its stated goal is to create new products for better health worldwide.

Company size
1,001-5,000
Company stage
IPO
Headquarters
Tokyo, Japan
Founded
1921

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