Finance Manager - Gross to Net

Overview

The Lupin is comprised of a fast growing, innovative and robust team of manufacturing, Research and Development and commercial divisions. Together these entities make up the generic and branded U.S. business. Lupin has a significant generic pipeline, and a branded focus on women’s health. Our first Research and Development facility in the US is located in Coral Springs, Florida which focuses on generic and branded orally inhaled and nasal drug products. Somerset, New Jersey is home to one of Fifteen commercial manufacturing sites globally and the only commercial manufacturing facility in the United States for Lupin, as well as additional Research and Development teams. Lupin is prided on being people-focused and centered around how impactful we are with our customers. Dollars are not a measure of success but rather the people we help along the way.

Responsibilities

The Manager, Finance (Gross to Net) will be responsible for the following:

• Accrual Management Maintenance using Revenue management system platform.
  • Monthly Postings of Wholesaler accrual rates
  • Monitor changes to rebate agreement rates.
  • NPL set up
• Daily Net Sales calculation, Monitoring Actual Vs Fcst Variance.
  • Oversight of PGI issues (shipped vs billed recon)
• Financial Closing Activities
  • Month End Sales Reporting (Day 3 & Day 6 meetings)
  • Trial Balance Review (Revenue Accts)
  • All revenue and BS Account Reconciliation compliance
• External and Internal Audit compliance.
• Contract Pricing/Management
  • Oversight shared service for Net sales calculation support.
  • NPLs- work with Marketing Team on upcoming launches and accrual assumptions
  • WAC change coordination with Contracts
  • Resolution on all revenue billing issues
• SSA/Price Protection Accruals
  • Calculation and Posting of Monthly Provisions
• Chargeback Review
  • Error monitoring
  • Membership exception review
• Oversight all Direct and Indirect contract maintenance and compliance support with Sales and Marketing team.
• Brand and Specialty Business - Monthly review
• Managing the Gross to Net and reconciliation support for acquisition/divested products.
• Medicaid Process support with Government Pricing Team
• Rebates Oversight with Shared Service
• 852/867and 844m, roll forward Monitoring and reconciliations

• FP&A Support
  • LE insights
  • Maintain GTN rates for EPM (Lenita)
  • Material Master for EPM (Lenita)
  • ASP monthly review
• Customer Onboarding Process (Financial review credit risk)
• Automation Project and Qlik sense data analytics support  

Working Capital

• Lead working capital savings to on optimizing DSO
• Lead/Present to the Management Working Capital DSO actuals v/s budget – explaining variance along with tracking of goals ranging from one month ~ one year.    

Qualifications

• Bachelor’s degree in accounting and / or Finance
• Master’s in accounting / finance is plus.
• 5 + years of Gross to net experience in Generic or Brand Pharmaceuticals.
• Ability to work effectively with cross-functional stakeholders to provide insights and gain alignment in all GTN matters / Trends to ensure a no surprise environment.
• Experience researching, documenting and operationalizing accounting treatment for complex customer agreements.
• Strong analytical skills, with the ability to exercise sound judgment and determine creative solutions to problems.
• Working knowledge of U.S. GAAP, IFRS and other accounting and reporting standards is preferred.
• Must have excellent interpersonal skills and the ability to communicate effectively, both verbally and in writing, with all levels of management and external parties, as necessary.
• Must be able to manage multiple priorities in a fast-paced environment, with a strong sense of urgency about solving problems, ability to meet challenging deadlines and the willingness to achieve critical goals even in difficult situations.
• Experience with SAP accounting systems will be plus.
• Highly Proficient in Microsoft Excel, PPT and words

The anticipated salary range for this position inNew Jersey is $120,000.00 - $135,000.00, plus discretionary performance bonus (based upon eligibility). The final salary offered to a successful candidate may vary, and will be dependent on several factors that may include but are not limited to: the type and length of experience within the job, type and length of experience within the industry, skillset, education, business needs, etc. Lupin is a multi-state employer, and this salary range may not reflect positions that work in other states.

Lupin  is an equal opportunity and affirmative action employer. All qualified applicants will receive consideration for employment without regard to race, color, national origin, gender, religion, age, disability, veteran’s status, or any other classification as required by applicable law.

Physical Requirements

The physical requirements of the position generally include: standing, walking, sitting, using hands and fingers, reaching with hands and arms, talking and hearing. In some circumstances, bending, kneeling, crouching, stooping, and crawling may apply. This position may require lifting up to 15 pounds occasionally. Generally work is performed in an office environment.

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Lupin USA, and its Affiliates does not accept unsolicited assistance from search firms for employment opportunities. All CVs / resumes submitted by search firms for any current openings at our company without a valid written search agreement in place will be deemed the sole property of Lupin. No fee will be paid in the event a candidate is hired by Lupin as a result of an agency referral where no pre-existing agreement is in place. Where agency agreements are in place, introductions are position specific. Please, No phone calls or emails