Job Description

Axsome Therapeutics is a biopharmaceutical company leading a new era in the treatment of central nervous system (CNS) conditions. We deliver scientific breakthroughs by identifying critical gaps in care and develop differentiated products with a focus on novel mechanisms of action that enable meaningful advancements in patient outcomes.

Our industry-leading neuroscience portfolio includes FDA-approved treatments for major depressive disorder, excessive daytime sleepiness associated with narcolepsy and obstructive sleep apnea, and migraine, and multiple late-stage development programs addressing a broad range of serious neurological and psychiatric conditions that impact over 150 million people in the United States.

Axsome Therapeutics is seeking a Associate Director/Director, Government Pricing to oversee all aspects of Government Pricing, State Price Transparency Reporting and Medicaid Operations. The Associate Director/Director, Government Pricing will be responsible for ensuring compliance with federal and state price reporting regulations, reviewing pricing strategies, ensuring the accuracy and timeliness of Medicaid rebate payments, and collaborating with internal teams to support business objectives.

This role is based at Axsomes HQ in New York City with an on-site requirement of at least three days per week. We are unable to consider candidates who are looking for fully remote roles.

Job Responsibilities and Duties include, but are not limited to, the following:

• Government Pricing Management: Ensure accurate and timely submission of pricing data in compliance with federal and state price transparency regulations
• Regulatory Compliance: Maintain up-to-date knowledge of government pricing and state price transparency regulations and policies, and ensure adherence to all legal and regulatory requirements
• Medicaid Rebates: Ensure appropriate and timely payment of Medicaid rebates, and ensure appropriate execution and payment of approved and finalized Medicaid supplemental and SPAP contracts
• Data Analysis and Reporting: Analyze pricing data, trends, and prepare and review government pricing reports
• Cross-Functional Collaboration: Work closely with finance, legal, and market access teams to support pricing strategies and address issues
• Process Improvement: Identify and implement process improvements to enhance efficiency and accuracy in pricing and reporting, and develop and maintain documentation for pricing procedures and controls
• Third Party Processor Management: Manage ongoing TPP relationships, resolve specific issues, and review and approve TPP billings
• Price Calculation and Reporting: Calculate and file appropriate prices for federal drug programs, and knowledge of and ability to handle complex pricing concepts
• Team Liaison: Provide business guidance across teams related to the life sciences commercial and regulatory landscape
• Compliance Oversight: Ensure adherence to compliance requirements and conduct risk mitigation activities, and manage internal and external audits/reviews and Sox compliance supervision
• Monitoring Regulations: Actively monitor government pricing regulations related to payer, IDN, policy, competitor, and market conditions to inform critical decisions and potential impacts to reimbursement and federal pricing
• Contract Assistance: Assist with contract reviews, assessing contractual terms, performing Bona Fide Service Fee tests, Class of Trade Assessment, and other government pricing analysis
• Analytics and Reporting: Create analytics, graphs, and slides showing policy impacts on government pricing data, and present findings to Executive Leadership
• FSS Contract Compliance: Ensure contractual obligations under the Federal Supply Schedule (FSS) contract are met through continuous monitoring of obligations with Federal Acquisition Regulations (FARs) and the Veterans Health Care Act
• Gross to Net Forecasting: Provide excellent insights to Gross to Net forecasting accuracy and business decisions
• Policy and Procedure Development: Establish and maintain policies, procedures, and standards in support of Sarbanes-Oxley (SOX) requirements, internal/external financial reporting processes, and government regulations
• Stakeholder Collaboration: Collaborate across all internal and external stakeholders to support business objectives

Requirements / Qualifications

• Bachelors degree in Business, Finance, Accounting, Public Policy, or related field, and minimum of 7 years of experience in the pharmaceutical/biotechnology industry or state agency
• Proven track record in managing pricing compliance and reporting and Medicaid rebate payments
• Ability to work on site Monday, Tuesday & Thursday

Experience, Knowledge And Skills

• Strong understanding of government pricing regulations and compliance requirements
• Proficiency in data analysis and financial modeling
• Excellent communication and interpersonal skills
• Ability to work independently and manage multiple priorities
• Detail-oriented with strong analytical and problem-solving abilities
• Experience with Microsoft Office products and advanced Excel techniques

Axsome is committed to equal employment opportunity and providing reasonable accommodations to applicants with physical and/or mental disabilities. We value and encourage diversity and solicit applications from all qualified applicants without regard to race, color, gender, sex, age, religion, creed, national origin, sexual orientation, gender identity, ancestry, citizenship, marital status, physical or mental disability, medical condition, veteran status, genetic information, or any other characteristic protected by federal, state, or local law.

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