Senior Analyst, Fair Market Value



United States
Posted on Saturday, February 10, 2024
Location: East Hanover, NJ (Hybrid)


Support Fair Market Value (FMV) / Bona-fide Service Fee (BFSF) processes, systems and analytics in collaboration with business stakeholders, embodying Novartis values and behaviors, to support all US Managed Markets Finance Governance activities.

Your Key Responsibilities:
• Assist in maintaining and improving processes to remain in compliance with Centers for Medicare & Medicaid Services (CMS) regulations on fair market value and bona-fide assessments.
• Support Manager/Associate director with compliance processes and systems for Novartis operating divisions in the U.S. pertaining to fee for service arrangements with Commercial entities (e.g., Specialty Pharmacies, Wholesalers/Distributors, PBMs, GPOs, HUBs, Copay vendors, etc.)
• Assist in maintaining collaborative platforms and shared drive with all processes, business rules and documents relating to BFSF/FMV activities
• Assist with maintaining all Work Process Documents (WPDs) and remain in compliance with all pertinent WPDs
• Ensure BFSF/FMV compliance with the Corporate Integrity Agreement (CIA) requirements, including documentation and records retention
• Work with Associate Director/Manager(s) to provide communications and training as needed across the organization