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Full-Time

Functional Senior Consultant

Posted on 6/27/2024

Model N

Model N

1,001-5,000 employees

Cloud-based revenue management solutions provider

Consulting
Enterprise Software
Quantitative Finance

Compensation Overview

$94k - $141kAnnually

+ Bonuses + Commission Payments + Employee Stock Purchase Plan

Senior, Expert

Remote in USA

Category
Healthcare Administration & Support
Medical, Clinical & Veterinary
Required Skills
Agile
Sales
Communications
Requirements
  • Minimum of 5 years experience as a Business Analyst in Life Sciences regulatory area
  • Bachelor’s degree in computer science, Information Technology, business, or related field
  • Expertise in Government Pricing, Discount Reallocation, Medicaid, Federal Supply Schedule, 340B, and TriCare
  • Experience implementing Model N Revenue Management suite in Life Sciences industry
  • Thorough knowledge of software development life cycle and process improvement methodologies
  • Excellent oral and written communication skills
  • Experience with enterprise software implementations
  • Analytical and problem-solving capabilities
  • Experience with business process modeling and process improvement
  • Expertise in Microsoft Office Suite
  • Understanding of web technologies
  • Experience in pharmaceutical and/or medical device industry
  • Ability to learn new concepts and technologies quickly
  • Self-starter and comfortable in a fast-paced environment
  • Agile methodology knowledge
Responsibilities
  • Work on customer engagement projects as a Regulatory Business Analyst
  • Recommend Government Pricing industry best practices
  • Lead customers through the definition and design phases of implementation process
  • Conduct gap analysis between system functionality and customer requirements
  • Train customers on application functionality
  • Identify business and technical issues throughout the project
  • Support Sales team in demo prep, gap analysis, and project estimating
  • Stay current and provide business guidance related to Life Science’s Regulatory landscape
  • Travel and on-site presence at customer sites

Model N provides cloud-based revenue management solutions specifically designed for the high-tech and life sciences industries. Their platform assists clients in maximizing revenue throughout the commercialization process, which includes improving the quote-to-cash process and enhancing relationships with channel partners. The solutions offered, such as Revenue Cloud for Pharma, Medtech, and High Tech, address the unique pricing, compliance, and revenue management challenges faced by these sectors. Clients subscribe to Model N's software-as-a-service (SaaS) model, allowing them to access a suite of tools and receive ongoing support. This approach not only generates a consistent revenue stream for Model N but also delivers significant savings for clients, averaging $68 million per $1 billion of revenue. The company's goal is to help clients bring life-changing products to market more efficiently while navigating regulatory changes.

Company Stage

IPO

Total Funding

$362M

Headquarters

San Mateo, California

Founded

1999

Growth & Insights
Headcount

6 month growth

0%

1 year growth

6%

2 year growth

11%
Simplify Jobs

Simplify's Take

What believers are saying

  • The acquisition by Vista Equity Partners for $1.25 billion indicates strong market confidence and potential for growth.
  • Model N's solutions generate significant savings for clients, averaging $68 million per $1 billion of revenue, highlighting their value proposition.
  • Continuous innovation, such as the new rebate enhancement for Medicare Part D, demonstrates Model N's commitment to addressing evolving market needs.

What critics are saying

  • The acquisition by Vista Equity Partners may lead to strategic shifts that could impact company culture and operations.
  • Complex regulatory environments in the pharmaceutical and medtech sectors require constant updates, posing a risk if Model N fails to keep pace.

What makes Model N unique

  • Model N specializes in revenue management solutions tailored specifically for high-tech and life sciences industries, unlike broader SaaS competitors.
  • Their industry-specific solutions like Revenue Cloud for Pharma and Medtech address unique compliance and pricing challenges, setting them apart from generic revenue management platforms.
  • Model N's focus on regulatory compliance, such as the new Medicare Part D inflation rebate enhancement, ensures clients stay ahead of evolving laws, a critical advantage in the pharmaceutical sector.
INACTIVE