Job Description

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 data and analytics for the US business, ensuring external and internal customer alignment as necessary. The position is responsible for: Developing post alternative model implementation analytics, e.g. ROI to support future contract strategy and support on informing GTN strategy. Lead data and analytics efforts for Gross-to-Net (GTN) processes to ensure accurate, timely forecasting, modeling, and reporting of alternative modelling, customer rebates, discounts, chargebacks, and other net revenue deductions. Partner with GTN Finance, IT/ Data Engineering, PCOR, among others to design and maintain data pipelines, analytical models, and reporting that enable reliable GTN calculations and insightful business decisions.

Relationships

Reports to the Director, GTN Forecasting. Position regularly interacts with members in PCOR, GTN Finance, IT/ Data engineering, Finance Strategy and Digitalization, among others.

Essential Functions

• Alternative Models
  • Perform ROI assessments to support future contract and partner strategy
  • Support the development of P&L transparency around alternative model channels and programs
  • Optimize integration of alternative model data into GTN model framework
  • Design, build, and maintain end-to-end data pipelines and ETL processes for alternative model forecasting and ensure completeness and accuracy of the data
  • Support performance reporting on alternative models to provide business insights and inform GTN forecasting assumptions
• GTN Forecasting
  • Design, build, and maintain end-to-end data pipelines and ETL processes for GTN-related data (sales, claims, contracts, rebates, chargebacks, government program discounts, etc)
  • Develop, validate, and maintain GTN models and forecasting algorithms to quantify gross-to-net deductions and predict future liabilities
  • Support GTN reporting and dashboards for and produce actionable insights and variance analysis vs. forecast and plan
  • Implement model governance, version control, and documentation standards for reproducibility and audit readiness; support internal and external audits
  • Automate recurring analyses and month-end processes to improve accuracy and cycle time; prioritize and deliver analytics projects that reduce manual effort and operational risk
  • Evaluate real-world GTN performance vs. pricing strategy assumptions
  • Track impacts of new payer contracts and pricing policy changes (e.g. post deal)
  • Build retrospective analytics to support pricing strategies
  • Stay current with industry best practices, tools, and regulations that impact GTN calculations and data treatment

• Collaboration
  • Accountable to maintain a strong working relationship with key stakeholders to ensure solid and aligned data and analytics
  • Guides GTN forecasters on data and alternative model analytics as well as supports the team with data and models
  • Facilitates collaboration among necessary stakeholders when developing GTN analytics
• Systems and Data Management
  • Support gross-to-net forecast models, tools and overall process
  • Proposes recommendations for enhancements and/or improvements based on industry trends and evolving business needs
  • Continuously reviews and evaluates the quality of data and new data sources used in analyses, generating new insights

• Controls, Compliance and Finance
  • Support GTN team with rebate controls to meet all audit and internal control (Sarbox) requirements

Qualifications

• Bachelor’s degree in Finance, Accounting, Computer Science, Data Science, Engineering, Statistics, Economics, or related field; relevant experience may be substituted for degree, when appropriate; advanced degree preferred or MBA
• 4+ years of experience in finance analytics, data engineering, revenue operations, GTN, rebate/chargeback analytics, pharmaceutical/healthcare revenue analytics, or closely related domain
• Strong analytical, quantitative, and qualitative analysis skills required
• Strong SQL skills for data extraction, transformation, and analysis
• Proven experience building and validating financial models and forecasts
• Prior experience in Managed Market contracting or Gross to Net forecasting a plus
• High attention to detail, strong problem-solving skills, and ability to manage competing priorities in a deadline-driven environment
• Develops and maintains strong internal relationships
• Excellent Excel other PC skills required
• Ability to communicate across all levels of the organization

The base compensation range for this position is $99,600 to $184,200. Base compensation is determined based on a number of factors. This position is also eligible for a company bonus based on individual and company performance.

Novo Nordisk offers long-term incentive compensation and or company vehicles depending on the position's level or other company factors.

Employees are also eligible to participate in Company employee benefit programs including medical, dental and vision coverage; life insurance; disability insurance; 401(k) savings plan; flexible spending accounts; employee assistance program; tuition reimbursement program; and voluntary benefits such as group legal, critical illness, identity theft protection, pet insurance and auto/home insurance. The Company also offers time off pursuant to its sick time policy, flex-able vacation policy, and parental leave policy.

We commit to an inclusive recruitment process and equality of opportunity for all our job applicants.

At Novo Nordisk, we're not chasing quick fixes – we're creating lasting change for long-term health. For over 100 years, we've been driven by a single purpose: to defeat serious chronic diseases and help millions of people live healthier lives. This dedication fuels our constant curiosity and inspires us to push the boundaries of what's possible in healthcare. We embrace diverse perspectives, seek out bold ideas, and build partnerships rooted in shared purpose. Together, we're making healthcare more accessible, treating and defeating diseases, and pioneering solutions that create change spanning generations. When you join us, you become part of something bigger – a legacy of impact that reaches far beyond today.

Novo Nordisk is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to race, ethnicity, color, religion, sex, gender identity, sexual orientation, national origin, disability, protected veteran status or any other characteristic protected by local, state or federal laws, rules or regulations.

If you are interested in applying to Novo Nordisk and need special assistance or an accommodation to apply, please call us at 1-855-411-5290. This contact is for accommodation requests only and cannot be used to inquire about the status of applications.