Senior Manager, Finance

Employer
Sun Pharma (Taro Pharma)
Location
Princeton, New Jersey
Salary
Negotiable
Posted
Jun 11, 2024
Closes
Jun 13, 2024
Ref
2774602946
Position Type
Manager
Hours
Full Time
Practice Setting
Supplier / Manufacturer
Work Mode
Hybrid
Employment Type
Contract
Organization Type
Corporation / LLC
Senior Manager Finance

Sun Pharma is the world's fourth largest specialty generics company with presence in Specialty, Generics and Consumer Healthcare products. Supported by more than 40 manufacturing facilities, we provide high-quality medicines, trusted by healthcare professionals and patients, to more than 100 countries across the globe. Over the last two decades, Sun Pharma has established itself as a leading player in the generics market in the U.S., and we are rapidly ramping up our presence in the specialty branded market with a focus on dermatology, ophthalmology and onco-dermatology.

Job Summary:

Sun is seeking a Sr. Manager, Finance within its Finance group. This position is hybrid and located in Princeton, NJ. The Sr. Manager Finance will report into the Head of Brand Finance and will be a Finance lead and process owner. This requires the ability to independently handle entire revenue cycle and accounting for all G to N deductions for Brand products.

Responsibilities :

Analysis:
  • Should be able analyze various G to N deductions to know the trend and impact to financials, Arriving at NSP .
Business partner with BU:
  • Work closely with various Business units and provide them with necessary financial reports
  • Play a lead role in Revenue budgeting exercise
Finance partner for Market Access (MA):
  • Work very closely with Market Access team on Pricing, contract, determine impact and reflect the same in Financials
  • Review Rebate Invoices for major variance and work with MA team for resolution.
  • Work closely with Co-pay management team for setting up new program, Prefund, Analysis of the actual co-pay to Revenue.
Accounting /Month end /Audit:
  • To account for various G to N Deduction (Co-pay, Managed care rebates, DSA fees, Chargeback, Medicaid ), handle prefund, and do balance sheet reconciliation for various assets and Liability accounts of G to N.
  • Prepare month end Accrual vs Actual G to N deduction file, and account for the difference in the above.
  • Record other accrual and actuals for month end close
  • Work closely with general accounting team for timely revenue closure
  • Should be able to work with Auditors on financials.
  • Work is approx. - 65% Financial Analysis & reporting and 35% of G to N Accounting
Education and Qualifications:
  • CPA/MBA must
  • 5-10 years of hands on experience in Pharma Gross to Net Financial Analysis and Accounting.
  • Good familiarity with Govt. reporting - Medicare, Medicaid, Tricare .
  • Hands on Working Knowledge of SAP, good Excel skills, Vistex knowledge is a plus
Actual base compensation may vary based on a number of factors, including but not limited to geographical location and experience. In addition, this position is part of the Annual Performance Bonus Plan. Employees are eligible to participate in Company employee benefit programs which include medical, dental and vision coverage; life insurance; disability insurance; 401(k) savings plan; flexible spending accounts; and the employee assistance program. Employees also receive various paid time off benefits, including vacation time and sick time.

The compensation and benefits described above are subject to the terms and conditions of any governing plans, policies, practices, agreements, or other materials or documents as in effect from time to time, including but not limited to terms and conditions regarding eligibility. If hired, employee will be in an "at-will position" and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company, or individual department/team performance, and market factors.

The preceding job description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees as assigned to this job. Nothing herein shall preclude the employer from changing these duties from time to time and assigning comparable duties or other duties commensurate with the experience and background of the incumbent(s).

We provide equal employment opportunities for all current employees and applicants for employment. This policy means that no one will be discriminated against because of race, religion, creed, color, national origin, nationality, citizenship, ancestry, sex, age, marital status, physical or mental disability, affectional or sexual orientation, military or veteran status, generic predisposing characteristics or any other basis prohibited by law.

Notice to Agency and Search Firm Representatives:

Sun Pharmaceuticals (Sun) is not accepting unsolicited resumes from agencies and/or search firms for this job posting. Resumes submitted to any Sun employee by a third party agency and/or search firm without a valid written & signed search agreement, will become the sole property of Sun. No fee will be paid if a candidate is hired for this position as a result of an unsolicited agency or search firm referral.