Loading...
Share this Job

Director Commercial Compliance

Date: Oct 15, 2021

Location: Parsippany, New Jersey, US, 00000

Company: Teva Pharmaceuticals

Company Info

Teva is a global pharmaceutical leader and the world's largest generic medicines producer, committed to improving health and increasing access to quality health solutions worldwide. Our employees are at the core of our success, with colleagues in over 80 countries delivering the world's largest medicine cabinet to 200 million people every day. We offer a uniquely diverse portfolio of products and solutions for patients and we've built a promising pipeline centered around our core therapeutic areas.  We are continually developing patient-centric solutions and significantly growing both our generic and specialty medicines business through investment in research and development, marketing, business development and innovation. This is how we improve health and enable people to live better, healthier lives. Join us on our journey of growth!

Job Description

The Director, Commercial Compliance will be responsible for facilitating internal processes to ensure compliance with all statutory (state & federal) price reporting obligations, as well as other legal requests for information.  The role will be responsible for generating and collecting the necessary information, securing required internal approvals, facilitating submission of information to the relevant authorities, and tracking fulfillment of obligation.  Developing data sets and reporting to track statutory obligations, identifying reporting events, and tracking the information submitted will be key to ultimate success in the role. Initial focus will be on price transparency reporting, but role could expand into areas (e.g., other types of reporting) as well.  

Additionally, the role will be responsible for Failure to Supply (FTS) unit reconciliation in an effort to minimize FTS penalties owed by Teva to its customers.  This will include refining the current FTS review process by developing advanced IT tools for automating the reporting of FTS, and using artificial intelligence (AI) for penalty prediction based on supply and demand data.  Finally, the role will use new and existing tools and knowledge of overall Commercial processes to enhance SAP BI reporting for the organization.

ESSENTIAL AREAS OF RESPONSIBILITY 
Responsible for the generation of all Pricing and Customer Operations data necessary to ensure compliance with all statutory (state and federal) price reporting requirements and in support of legal requests for information.  Develop appropriate processes to collect information and facilitate appropriate internal approvals from VPs of Pricing Operations and/or Customer Operations prior to broader dissemination, as appropriate.
Establish mechanisms to consolidate the necessary information in a suitable format to communicate to the appropriate internal stakeholders for final submission or to complete the submissions directly.
Build database to track the various statutory requirements (current and future), identify reporting/transparency obligations in the course of ongoing business, and ensure full compliance with applicable regulations.
Create reporting mechanisms to more efficiently identify a reporting obligation, generate the required information to fulfill the obligation, and track the information submitted.
Own the FTS reconciliation process with customers to help prevent penalties and to achieve compliance with customer agreements. This includes coordination with other teams within Commercial as well as Finance to minimize deductions and overall financial impact to margin. Act as liaison with various internal audit groups, and perform relevant audit functions with respect to order management and pricing related issues.  
Commercial SME for SAP BI reporting, liaising with both IT and other leaders in the Commercial organization to ensure accurate SAP BI reporting, and enhance the processes.

Qualifications

  • Bachelor’s Degree Required.  Preferred concentration in Business, Science or related field
  • MBA preferred
  • Minimum 7 years analytical experience with a minimum of 5 years’ experience in pharmaceutical or healthcare industry required
  • Minimum 5 years in sales, marketing and/or finance in the pharmaceutical or healthcare industry
  • Microsoft Word, Excel, PowerPoint and Microsoft Access proficiency
  • Data warehouse/Data repository knowledge  
  • SAP BI experience is strongly preferred
     

Function

Project Management

Sub Function

General Management

Reports To

In process of validation

Already Working @TEVA?

If you are a current Teva employee, please apply using the internal career site available on "Employee Central". By doing so, your application will be treated with priority. You will also be able to see opportunities that are open exclusively to Teva employees. Use the following link to search and apply: Internal Career Site

The internal career site is available from your home network as well. If you have trouble accessing your EC account, please contact your local HR/IT partner.

Teva’s Equal Employment Opportunity Commitment

Teva Pharmaceuticals is committed to equal opportunity in employment. It is Teva's global policy that equal employment opportunity be provided without regard to age, race, creed, color, religion, sex, disability, pregnancy, medical condition, sexual orientation, gender identity or expression, ancestry, veteran status, national or ethnic origin or any other legally recognized status entitled to protection under applicable laws.