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Manager, Price Forecasting and Optimization

Lexington, Massachusetts, Exton, Pennsylvania

Overview

Takeda fosters a collaborative and stimulating work environment filled with opportunity and the chance to make a difference in people's lives. It is a workplace driven by integrity, one of Takeda’s long-held values that extends to both the patients we serve and our employees who develop and deliver medicines. Across our company, Takeda employees bring together diverse strengths that together create a stronger whole.

As one of the world’s leading biopharmaceutical companies, Takeda is committed to bringing Better Health and a Brighter future to people worldwide. We aspire to bring our leadership in translating science into life-changing medicines to the next level, in our core focus areas; oncology, gastroenterology, neuroscience, rare diseases, plasma-derived therapies, and vaccines.

We are a passionate team doing important work that impacts patients’ lives. If you are driven to create better health and a brighter future, join us!

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Success

What makes a successful member of our team? Check out the traits we’re looking for and see if you have the right mix.

  • Collaborative
  • Strategic
  • Results Driven
  • Self-starter
  • Versatile
  • Team player

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Opportunity

  • Since 1781, the values of Takeda-ism (Integrity, Fairness, Honesty, and Perseverance) have guided everything we do—from decision-making to interacting with patients.

  • Our people-first mission extends beyond patients to include their families, communities, and our own Takeda family.

  • A strong, borderless team, we strive together towards our priorities and inspiring mission.

  • Recognized for our culture and way of working, we’re one of only 13 companies to receive Top Global Employer® status for 2018.

  • Our people-first mission extends beyond patients to include their families, communities, and our own Takeda family.

  • Our vision is of a world with accessible healthcare for all, where prevention measures are exponentially advanced and billions are freed of disease. Our approach is rooted in our patient-centricity and the creation of outstanding treatments that change people's lives. Building upon a foundation of sustainability, we are committed to contributing to the long-term health of people through disease prevention.

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Manager, Price Forecasting and Optimization

Apply Now
Job ID R0013243 Date posted 11/05/2019 Location Lexington, Massachusetts; Exton, Pennsylvania

By clicking the “Apply” button, I understand that my employment application process with Takeda will commence and that I agree with Takeda’s Privacy Notice, Privacy Policy and Terms of Use.

Job Description

Are you looking for a patient-focused, innovation-driven company that will inspire you and empower you to shine? Join us as a Manager, Price Forecasting & Optimization.

At Takeda, we are transforming the pharmaceutical industry through our R&D-driven market leadership and being a values-led company. To do this, we empower our people to realize their potential through life-changing work. Certified as a Global Top Employer, we offer stimulating careers, encourage innovation, and strive for excellence in everything we do. We foster an inclusive, collaborative workplace, in which our global teams are united by an unwavering commitment to deliver Better Health and a Brighter Future to people around the world.

Here, you will be a vital contributor to our inspiring, bold mission.

OBJECTIVES

The Manager, Price Forecasting & Optimization will serve as a core member of the cross-functional team accountable for developing product pricing forecasts.  Leads all aspects of price forecast creation including analytics, forecast model development, reconciliation of gross-to-net accruals recorded by Financial Planning & Analysis, support of contract business case development, and reporting of variances.  Leverages analytical expertise and knowledge of pricing and contracting strategy to support, develop and present annual, mid-range and long range planning updates. 

ACCOUNTABILITIES:

  • Develop and maintain analytical models to forecast payer level performance for commercial and Medicare contracts including clear tracking and reporting of volume and price/discount performance expectations in comparison to actual results and latest plan estimates.
  • Create forecast for un-tracked utilization including volume and discount rate expectations.
  • Understand, forecast, and report complex contracting and reporting issues such as best price, AMP, ASP and price protection.
  • Actively monitor actual payments in comparison to balance sheet accruals to ensure appropriate reserves are maintained.
  • Independently develop and present plan and actual results to senior management and working teams, altering message as appropriate for the audience.  Clearly articulate the key drivers of change and present management and working teams with actionable alternative scenarios.
  • Develop reports as needed to clearly demonstrate trends and actual results.
  • Work with the commercial and government pricing leaders, Managed Markets Account Strategy Managers (ASM’s), and Brand leadership to develop, evaluate, and recommend effective contract analysis, and strategies for all business segments within managed markets.
  • Manage and/or mentor other individuals in the group to drive accuracy and consistency among team members.  Develop standardized financial modeling tools to ensure appropriate financial assumptions for each account/channel.  Ensure forecast practices are uniform across similar products in the portfolio. Identify, recommend, and implement opportunities for efficiency in contract data collection and reporting methodologies.   Ensure individual account/channel financial models utilized for contracting decisions are properly reflected in Takeda’s Plan, MRP, and LBEs.
  • Perform product and market analysis to identify opportunities to improve Takeda’s profitability and market position.  Research and utilize information on pharmaceutical industry, competitive information, market conditions, government policy and regulations changes, and other internal resources (Sales, Marketing, Managed Markets, Government Affairs, Finance, IT).

EDUCATION, EXPERIENCE, KNOWLEDGE AND SKILLS: 

Required:

  • Bachelor’s degree in an analytical field such as finance, accounting, statistics, management science, economics
  • 5 years business experience in quantitative analysis in analytical field such as product forecasting, pricing, or financial planning and analysis, or 3 years experience with an advanced degree required
  • Project planning and management skills
  • Resource management; ability to manage internal and external resources, allocates resources appropriately to align with business goals
  • Advanced Excel modeling skills
  • Working understanding or experience in basic accounting principles

Desired:

  • MBA or advanced degree in analytical discipline preferred
  • Pharmaceutical industry experience and knowledge of pharmaceutical industry practices
  • Comprehensive understanding of data sources (NDC/IMS)
  • Experience with Word, PowerPoint, Access, Cognos PowerPlay preferred.

LICENSES/CERTIFICATIONS:

  • None

TRAVEL REQUIREMENTS:

  • Requires approximately 10-15% travel.
  • Willingness to travel to various meetings or client sites.
  • Some international travel may be required.

WHAT TAKEDA CAN OFFER YOU:

  • 401(k) with company match and Annual Retirement Contribution Plan
  • Tuition reimbursement Company match of charitable contributions
  • Health & Wellness programs including onsite flu shots and health screenings
  • Generous time off for vacation and the option to purchase additional vacation days
  • Community Outreach Programs

Empowering Our People to Shine

Discover more at takedajobs.com

No Phone Calls or Recruiters Please.

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Locations

Lexington, MA

L-Shire - United States - Exton PA

Worker Type

Employee

Worker Sub-Type

Regular

Time Type

Full time

Job ID R0013243

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