Financial Analyst, Membership

Major accountabilities

• Operational:
• Evaluate and interpret contracts to ensure correct setting up of membership terms.
• Create and maintain Indirect/Direct membership information in Model N, SHAPE, and SAP.
• Review and analyze the customer database and update membership.
• Conduct Class of Trade research to support Government Pricing calculations.
• Participate on special projects and support other roles in the department as required.
• Ensure proper compliance with Sarbanes Oxley controls; submit reports necessary to audit tests.
• Business Partnering:
• Support contract strategy for Sandoz Biopharma, and/or Sandoz Gx contract teams by ensuring correct implementation of contracts.
• Partner with the Government Pricing team to ensure accurate pricing calculations.
• Communicate with wholesalers, GPO, Specialty Groups, HIBCC, IMS and HRSA to determine member eligibility.
• Work with teams located in Princeton to achieve department objectives.

Key performance indicators

• Accurate & timely set up of customer records.
• Maintenance of member records by periodic reviews & scrubs.
• Process improvement and innovation projects improving the efficiency of the department.

Ideal background

Education

• MBA (Finance) / M. Com /any other equivalent degree

Languages

• Proficient in English

Experience

• Minimum 2 to 4 years’ work experience required, preferably in the pharmaceutical or financial industries with financial analytics

Technical / Professional Knowledge and Skills

• Interpersonal Skills - Excellent written and oral communication skills in English to interact confidently with all levels of internal and external customers.
• Collaboration and Problem Solving - Ability to liaison with different functions. Ability to communicate and resolve issues with timely escalations
• Analytical Skills - Excellent analytical skills to review contracts. Ability to spot/analyze product trends and variances. Strong Problem-solving and organizational skills.
• Technical Skills - MS Office Suite (Excel, Access, Word, PowerPoint). Working knowledge in VBA is desirable. SAP R3 and Cognos reporting knowledge is desirable. Functional knowledge of Model N / Revitas is beneficial.
• US Healthcare Knowledge - U.S. Pharmaceutical industry, specifically Medicaid and Managed Care experience. Understanding of U.S. healthcare industry marketing and sales concepts and practices, including knowledge of formulary analysis and Price Volume mix. Knowledge about the U.S. drug reimbursement system involving wholesalers, GPOs, PBMs, CMS and State Medicaid agencies is highly beneficial. Brief understanding of the Affordable Care Act.

Why Sandoz?

Generic and Biosimilar medicines are the backbone of the global medicines industry. Sandoz, a leader in this sector, provided more than 900 million patient treatments across 100+ countries in 2024 and while we are proud of this achievement, we have an ambition to do more!

With investments in new development capabilities, production sites, new acquisitions, and partnerships, we have the opportunity to shape the future of Sandoz and help more patients gain access to low-cost, high-quality medicines, sustainably.

Our momentum is powered by an open, collaborative culture driven by our talented and ambitious colleagues, who, in return for applying their skills experience an agile and collegiate environment with impactful, flexible-hybrid careers, where diversity is welcomed and where personal growth is supported!

Join us!

Commitment To Diversity & Inclusion

We are committed to building an outstanding, inclusive work environment and diverse teams representative of the patients and communities we serve.