Senior Analyst, Gross-to-Net

Posted Yesterday
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Philadelphia, PA
Senior level
Cloud • Software • Analytics
The Role
The Senior Analyst will drive the Gross to Net processes, prepare monthly journal entries, conduct reconciliations of transactions, analyze variances, and support GTN Managed Services. This role involves developing templates, assisting in onboarding new analysts, maintaining operational metrics, and fostering customer relationships while ensuring compliance with policies.
Summary Generated by Built In

Company Description

IntegriChain is the data and application backbone for market access departments of Life Sciences manufacturers. We deliver the data, the applications, and the business process infrastructure for patient access and therapy commercialization. More than 250 manufacturers rely on our ICyte Platform to orchestrate their commercial and government payer contracting, patient services, and distribution channels. ICyte is the first and only platform that unites the financial, operational, and commercial data sets required to support therapy access in the era of specialty and precision medicine. With ICyte, Life Sciences innovators can digitalize their market access operations, freeing up resources to focus on more data-driven decision support. With ICyte, Life Sciences innovators are digitalizing labor-intensive processes – freeing up their best talent to identify and resolve coverage and availability hurdles and to manage pricing and forecasting complexity.

We are headquartered in Philadelphia, PA (USA), with offices in: Ambler, PA (USA); Pune, India; and Medellín, Colombia. For more information, visit www.integrichain.com, or follow us on Twitter @IntegriChain and LinkedIn.

Job Description

Your mission at IntegriChain:

The Gross to Net (GTN) Senior Analyst is a key member of IntegriChain’s SaaS and BPaaS Organization, which provides managed services and business process outsourcing in support of bio-pharmaceutical clients.

What this role entails:

  • Drive Customer GTN Close and Forecast processes
    • Prepare monthly revenue related journal entries and ledger account reconciliations leveraging both excel models and an automated GTN software suite
    • Perform true-ups based on actual versus accrued contra revenue GTN deduction items
    • Conduct reconciliations of actual transaction data to the associated accrual assumptions
    • Analyze, explain, and meaningfully summarize gross to net variances to customers
    • Alert customers to potential changes that may affect their business
  • Support the growth of the GTN Managed Services department
  • Participate in developmental opportunities and training
  • Track, maintain, and report monthly and quarterly operation metrics to direct supervisor
  • Continuously communicate with customer points of contact
  • Comply with internal policies/procedures to ensure SOC1 compliance and customer SLAs are met
  • Support new analysts during the onboarding period. This includes department specific training, customer training, systems training, and department workflow
  • Create reusable department templates & training/reference materials
  • Drive customer success
  • Create on-time, high quality project deliverables while managing expectations internally and externally
  • Execute, analyze, and maintain GTN data and calculations within the GTN software suite
  • Perform ongoing maintenance processes and communicate deficiencies through reporting mechanisms
  • Perform analysis and troubleshooting for customers
  • Anticipate and meet shifting customer needs, proactively elevating issues as required
  • Value and build relationships with customer IT, operations, and finance staff
  • Collaborate cross-functionally
  • Work closely with the GTN Advisory team to provide critical analysis of GTN-related data sets, and triage customer issues and reconciliation variances
  • Assist cross-functional business teams to meet goals of shared service arrangements
  • Attend customer, department, and company meetings

Qualifications

What you’ll need to thrive in this role:

  • Understanding of the GAAP principles related to revenue recognition and gross-to-net accounting practices
  • Knowledge of the pharma supply chain and contracting, and the relationship to data flows through GTN models – including but not limited to direct sales, chargebacks, rebates, and copay data.
  • Ability to demonstrate business analytical skills, a high accuracy rate, and attention to detail
  • Exhibit superior communication and influencing skills: oral, written, listening and presentation skills
  • Desire to continuously improve skills through continuing self-training, education, and personal development
  • Proactive with a pleasant manner; self-starter with a strong sense of ownership and responsibility
  • Ability to adhere to processes and controls to satisfy routine internal/ external audits

What you’ll bring to the table:

  • Exceptional Excel and PowerPoint skills
  • Minimum B.A. / B.S., CPA or MBA preferred with majors in Accounting, Finance, Economics, or similar
  • 1-3 years of Life Sciences industry experience
  • Recommended 1-2 years of accounting experience working on the customer side or at a consultancy
  • Knowledge and/or user experience in the financial system is a plus (SAP, Oracle, Hyperion, forecast tools, etc.)

Additional Information

What does IntegriChain have to offer?

  • Mission driven: Work with the purpose of helping to improve patients' lives! 
  • Excellent and affordable medical benefits + non-medical perks including Flexible Paid Time Off, 401(k) Plan with a Company Match to prepare for your future, Parental Leave, Student Loan Reimbursement and much more!
  • Robust Learning & Development opportunities including over 700+ development courses free to all employees.

#LI-ZG1

IntegriChain is committed to equal treatment and opportunity in all aspects of recruitment, selection, and employment without regard to race, color, religion, national origin, ethnicity, age, sex, marital status, physical or mental disability, gender identity, sexual orientation, veteran or military status, or any other category protected under the law. IntegriChain is an equal opportunity employer; committed to creating a community of inclusion, and an environment free from discrimination, harassment, and retaliation.

Our policy on visa sponsorship for US based positions: Applicants for employment in the US must have valid work authorization that does not now and/or will not in the future require sponsorship of a visa for employment authorization in the US by IntegriChain.

Top Skills

Excel
The Company
HQ: Philadelphia, PA
370,464 Employees
On-site Workplace
Year Founded: 2005

What We Do

IntegriChain is a rapidly growing cloud software company delivering channel management analytics for life sciences suppliers

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