Gross To Net Data and Analytics Manager
Novo NordiskAbout the role
About the Department
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
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 Models
- Perform ROI assessments to support future contract and partner strategy
- Support the development of P&L transparency around alternative model channels and programs
- Optimize integration of alternative model data into GTN model framework
- Design, build, and maintain end-to-end data pipelines and ETL processes for alternative model forecasting and ensure completeness and accuracy of the data
- Support performance reporting on alternative models to provide business insights and inform GTN forecasting assumptions
- GTN Forecasting
- Design, 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 liabilities
- Support GTN reporting and dashboards for and produce actionable insights and variance analysis vs. forecast and plan
- Implement model governance, version control, and documentation standards for reproducibility and audit readiness; support internal and external audits
- Automate recurring analyses and month-end processes to improve accuracy and cycle time; prioritize and deliver analytics projects that reduce manual effort and operational risk
- Evaluate real-world GTN performance vs. pricing strategy assumptions
- Track impacts of new payer contracts and pricing policy changes (e.g. post deal)
- Build retrospective analytics to support pricing strategies
- Stay current with industry best practices, tools, and regulations that impact GTN calculations and data treatment
- Collaboration
- Accountable to maintain a strong working relationship with key stakeholders to ensure solid and aligned data and analytics
- Guides GTN forecasters on data and alternative model analytics as well as supports the team with data and models
- Facilitates collaboration among necessary stakeholders when developing GTN analytics
- Systems and Data Management
- Support gross-to-net forecast models, tools and overall process
- Proposes recommendations for enhanc
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