Pricing Analyst Job at Cosette Pharmaceuticals Inc.
Cosette Pharmaceuticals is a US based, diversified pharmaceutical company with a proven topicals and dermatology portfolio and a growing branded pharmaceuticals business. We are fully integrated, with a deep focus on internal R&D, high quality manufacturing standards and commercial sales excellence. We continue to diversify and expand through strategic partnerships, acquisitions and internal R&D.
Our highly experienced leadership team are busy writing the next, most ambitious chapter of our story. Building on a 100+ year heritage, their shared vision of innovation will leverage the expertise of more than 350+ team members, and infrastructure to create remarkable new opportunities for the patients and physicians we serve every day.
Cosette is headquartered in Bridgewater, NJ with 2 additional locations in the U.S. The South Plainfield, NJ office consists of an R&D Laboratory and other functional areas. The Lincolnton, NC site is a fully functioning, state of the art, manufacturing facility.
Innovating every day.™
Basic Functions:
Reporting to the Senior Director of Product Management, the Pricing Analyst is responsible for the day-to-day functional activities involving the review, evaluation and
execution of customer-level product and pricing decisions, the on-going monitoring for
appropriateness of current customers’ products and prices, and the interaction between
Commercial and other functional areas such as Finance, Supply Chain and Legal for
specific processes.
Core Responsibilities:
Responsibilities include, but are not limited to, the following:
- Work closely with the Senior Director of Product Management and the Sales team to implement customer-level product and pricing decisions.
- Own the cross-functional process and workflow of customer-level product and price decisions to ensure deadlines are met and that all applicable departments are aware of any changes that have been implemented.
- Conduct accurate, thorough and timely analysis of customer-level product and price opportunities and challenges so that the data necessary to make an informed decision is available for use.
- Monitor the active products and prices for all customers on a timely basis and put forward recommendations for contract price adjustments where warranted.
- Participate in the Price/Volume analysis process run by Commercial and Finance to ensure the accuracy of the data and the applicable rationale.
- Participate in the Demand Planning process run by Commercial and Supply Chain to ensure the accuracy of the data and the applicable rationale.
- Manage all aspects of the Contract Management process, including the storage of customer-level terms and conditions, product awards and applicable pricing, and that all applicable departments are aware of any changes that have been implemented.
- Special projects as needed.
Critical Aspects of Performance:
- Inner drive to move the business forward.
- Hyper-commitment to deliver accurate, thorough and timely analysis.
- Strong analytical and problem-solving skills with an ability to clearly and concisely present the data outputs.
- Excellent organizational skills to meet tight deadlines in an environment of competing priorities.
- Excellent understanding of pricing dynamics and structures (i.e.: discounts, rebates, and fees) in the generics pharmaceutical market, and a strong understanding of Cosette’s product pricing P&L and customer-level T&Cs.
Minimum Qualifications:
- BA/BS in Business, Marketing or Science
- Minimum of two years of experience in the U.S. pharmaceutical industry in a pricing, analytics, finance or sales/marketing capacity
- High proficiency in MS Office Suite (especially Excel), Oracle, BI and other relevant software programs and databases
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Job Type: Full-time
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