Purpose

The Finance Lead, Price Strategy & Monitoring (FL) focuses on strategic initiatives and monitoring impacting customers under the Finance Gross to Net (GTN) team. The FL will focus on analysis and review for unique Customer discounting mechanisms from inception to payout. For example, the FL will provide commercial guidance on thresholds, analyze ROI and other key metrics, and operationalize the offer through accrual and payout processes in SAP. The FL will support ad hoc projects by building complex financial models related to contract and program discounts and other exploratory pricing mechanisms. On the patient side, the FL is responsible for program monitoring and execution for a novel pricing construct for consumable product. The FL will support ad hoc monitoring initiatives across the aesthetics business related to patient financing and loyalty programs. This role will provide strategic analytical support for both customers and patients.   

Responsibilities

• Support standardization efforts for customer discount mechanisms and ensure operational execution for completeness and accuracy when accruing and paying discounts.
• Execute scenario modelling for pricing models and other strategic pricing mechanisms. Create complex financial models to revise commercial assumptions and assess potential revenue impact of new pricing strategy for the US business.
• Investigate potential financial impacts of strategic price mechanisms by brand for discounts, rebate promotions, capital equipment leasing, cross-selling, product bundles or other strategic offers. Provide financial insight on gross to net financial impact.
• Support modeling and analytics on customer performance for periodic commercial leadership review meetings and ad hoc business needs.
• Perform periodic monitoring and remediate noncompliance for customers participating in a novel pricing construct for consumable product. Develop robust monitoring controls, SOPs, and documentation for consumable product.
• Oversee the progress/status of specific customer pricing mechanisms through monthly governance. Partner closely with Commercial brand teams on controls over customer pricing and share best practices to promote compliance.
• Support career development, skills, and knowledge for junior team members.