Foster McKay · 3 hours ago
Government Pricing Senior Analyst
Somerset County, NJ
Full-time
Hybrid
Senior Level
$85K/yr - $115K/yr
5+ years expFoster McKay is seeking a Senior Analyst for Government Pricing and Medicaid. This role involves performing government price calculations, analysis, and submissions for federal and state programs while ensuring compliance with relevant regulations and resolving data discrepancies.
AccountingConsultingFinanceFinancial Services
Hiring Manager
Courtney Matthew
Responsibilities
Responsible for performing end-to-end calculations and initial analysis of government price calculations for AMP, BP, URA, Non-FAMP, FSS, FCP, IFF, ASP and PHS prices
Ensuring timely and accurate calculation of government prices based on monthly, quarterly, and annual schedules, and reporting them to relevant government agencies
Perform re-calculation of statutory pricing requirements, as needed, and provide analysis on financial impact to 340B, Medicaid and/or VA
Process quarterly Medicaid invoices in Vistex to include retrieving e-invoices or scanning mail invoices, loading invoices in Vistex, identifying and resolving disputes with Medicaid state representatives, submitting invoices for payment, and creating payment packages with another team member
Maintain working knowledge of the Medicaid Drug Rebate Agreement, the Federal Supply Schedule agreement, 340B Pricing, and regulatory/legislative changes that impact pricing, contracts, and all Federal and State statutory calculations
Review and analyze customer pricing, class of trade and transactional data for correct classification and inclusion/exclusion in the government pricing calculations
Perform analysis on fluctuations in reported pricing and provide detailed explanations for significant increase or decrease
Collaborate with various departments to resolve all source system data issues identified in the data reconciliation and validation process prior to calculations being processed
Provide support to Sr Director, Government Pricing and GTN including updates/changes to department policies/procedures to allow for continuous business process improvement
Maintain appropriate written and electronic documentation consistent with approved policy and various state and federal requirements
Assist with various projects as assigned
Work on special projects as they arise
Qualification
Required
Bachelor's degree in business, Finance, or Accounting from an accredited college or university is required
Minimum of 5 years of experience in Government Pricing and Medicaid is required
Organized and very attentive to detail with a high degree of accuracy to ensure compliance with timelines, internal policies, laws and regulations
Proven analytical and problem-solving skills
Strong Excel and Word skills are required
Effective written and oral communication skills
A self-starter with ability to work independently to manage multiple tasks, priorities and timelines
Ability to successfully interact with upper management and external government contacts
Preferred
Vistex and SAP ERP experience is strongly preferred
Benefits
Medical
Dental
Vision
Life insurance
Short-term disability
Long-term disability
401(k) match
Flexible spending accounts
Health saving account
Employee assistance program
Tuition reimbursement program
Parental leave
Wellness program
Paid time off
Volunteer time
Holidays
Company
Foster McKay
Foster McKay expertise in offering accounting & reporting, corporate finance, audit, payroll, cash management, tax and advisory services.
11-50 employees
Funding
Current Stage
Early StageCompany data provided by crunchbase