Deloitte Sr. Consultant, Government Pricing - Life Sciences Advisory in Parsippany, New Jersey

Deloitte Riskand Financial Advisory Life Science government pricing practice (Deloitte) is a leading life sciences consulting firm specializing in compliance and commercial strategies for pharmaceutical, biotech, and medical device companies, from clinical, through manufacturing, commercial contracting, commercial compliance programs, and Government Programs. Deloitte has a proven history of exceeding expectations and providing the highest quality client deliverables. We continually offer new services and solutions that align with our clients strategic priorities, compliance program needs and in support of their contract management programs. Work You'll DoSenior Consultants will synthesize overall strategy by analyzing a wide variety of solutions, selecting the most relevant tools/techniques to meet specific client requirements such as business case, pricing, or complex financial analysis, and interpreting and reporting on outputs. Engagements may include but are not limited to strategic management consulting related to product pricing and Government Pricing (GP), Gross to Net and other financial modeling/analysis, pre and post product and company acquisition GP and contracting related support, government programs compliance assessments and audits, performance of parallel calculations (Excel based), recalculations and restatements of government statutory pricing calculations, Fair Market Value (FMV) and Bonafide Service Fee (BFSF) assessments, methodology review, GP and contracting governance documentation, assisting new manufacturers in entering into government agreements, as well as integration into Deloitte s proprietary calculation system Responsibilities:Work closely with the Government Programs Project Manager to prepare slide decks, status reports, assessment reports and other client deliverablesProvide strategic management consulting related to product pricing and GPDevelop and assess the policies, procedures and systems which support the submission of pricing information to federal and state agenciesAssist with development and evaluation of contract options for Commercial and Government payersEvaluate contract proposals and analyses and perform impact on government pricing and gross to net revenueActively participate in methodology review/development discussions with clients;Stay up to date on legislation as it relates to government pricing in order to provide consultation to clientsWork with external legal counsel for pharmaceutical manufacturers on methodology reviewsAssess current data structures and data sets of clients in order to develop methodology and to perform parallel calculations validating these methodologies;Serve as the primary point of contact for internal questions about client data and methodologiesPerform financial modeling/analysis which may include FMV and BFSF assessmentsManage staff and the completion of deliverables as requiredWork with client and integration and operations teams to set up ongoing methodologies in proprietary Government Pricing System QualificationsA minimum of 5 years of experience is requiredExperience as a consultant supporting the life sciences industry, particularly the pharmaceutical industry is strongly preferredKnowledge of the managed markets spaceStrong knowledge of GPandGross to Net impacts and key driversStrong analytical skills, including understanding of data relationships and advanced Excel knowledgeAble to comprehend complex government compliance requirements and GP regulations and, retain, build upon and apply this knowledge on a daily basisComfortable with data analysis, with at least 2 years of data analysis experience in industry, as a consultant, or in schoolStrong written and verbal communication skillsHigh accuracy rate and strong attention to detailHard working and intrinsically motivatedAbility to work independently; lead small teams focused on specific work streams of larger projectsStrong oral and written communication skills, including presentation skills (MS Visio, MS PowerPoint)Experience with Microsoft Office products required and knowledge of advanced Excel techniques such as pivot tables and data importing is desiredFinancial and Accounting background is preferredStrong problem solving and troubleshooting skills with the ability to exercise mature judgmentEagerness to mentor junior staffBachelor s degree required; an advanced degree is preferredWillingness to travel up to 70%

Category: Accounting & Auditing