Senior Gross To Net Forecasting & Innovation Manager

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 forecasting for the US business, ensuring external and internal customer alignment as necessary. The position is responsible for: Lead support for development of gross-to-net forecasts for various brands within NNI portfolio. Demonstrating strong gross-to-net knowledge to support financial assessments across the organization. Provide support for "special / innovative" Forecasting projects including but not limited to process improvements, next Generation platforms, current generation model enhancements and creation/implementation of Business Intelligence platforms. Serve as internal consultant with Finance, Pricing & Contracting, Commercial and Strategy teams. Responsible for gross-to-net forecasting process and tools, including ensuring all models are up-to-date with the latest methodologies and insights.

Based on assessment of market trends and expected future events, this individual is responsible for helping support delivery of holistic, insight-driven gross-to-net forecasts for various rebate categories for current and future Novo Nordisk products. Efficiently and accurately forecast gross to net components including but not limited to Managed Care, and Medicare Part D, Medicaid as well as current and future Healthcare Reform related deductions as well as other rebates and deductions. Communicates realistic expectations in a clear, concise, transparent manner, and to all levels of the organization. Sets direction and drives continuous improvement of forecasting methodologies, tools, and core deliverables.

Relationships

Reports to the Director, GTN Forecasting. Position regularly interacts with members in PCOR, Strategy & Innovation, Supply Chain, Accounting, PSP, HQ Corporate Finance and some teams within Commercial Insights & Analytics. Maintains external relationships with vendors.

Essential Functions

• Participate and help drive GTN understanding and price implications of certain strategies (together with S&I and PCOR) to support GTN forecast of the future product launches
• Develop and understanding of current products with specific segments and assist with GTN forecasting for those products to support AB/RE budget processes
• Oversees and comments on all key gross to net inputs into the net sales forecast including but not limited to Rebate Forecast pricing and contracting event input provided by PCOR, strategic inputs on launch brands from S&I, affordability inputs from PSP
• Collaborate with Strategy and Innovation (S&I) and PCOR on any GTN related items
• Develop and communicate the NNI AB (anchor budget) and RE (rolling estimate) forecasts
• Develop ad hoc analysis tools to support Forecast
• Business Intelligence (BI) and Process Efficiencies
  • Responsible learning BI tools and using them to improve current gross to net processes or to implement visualizations to improve gross to net transparency
  • Assessment of current and new forecasting tools, models, and approaches that inform the GTN outlook for Novo Nordisk brands; identify and introduce process efficiencies
  • Assessment of current data sets and data model to identify and introduce better GTN transparency and analytics
  • Work closely with Global Business Services (GBS), HQ BI COE (Headquarter Business Intelligence Center of Excellence), Finance Digitalization team to