Pricing and Contracts Manager

About the role

Novadoz Pharmaceuticals, a rapidly growing generic pharmaceutical company with offices in Piscataway, NJ, operates as the sales and marketing affiliate for MSN Labs’ portfolio of US-based generic and specialty finished dosage forms. The Pricing and Contracts Manager will develop and implement pricing strategies, manage contracts, and ensure compliance with regulatory requirements.

Responsibilities

• Develop and implement pricing strategies for new and existing products.
• Conduct market research and competitive analysis to inform pricing decisions.
• Collaborate with cross-functional teams to align pricing strategies with business objectives.
• Draft, review, and negotiate contracts with customers, suppliers, and partners.
• Ensure all contracts comply with legal and regulatory requirements.
• Manage contract renewals and amendments.
• Analyze pricing and sales data to identify trends and opportunities for optimization.
• Prepare financial models to support pricing decisions and business cases.
• Monitor the financial performance of products and provide recommendations for improvement.
• Ensure pricing and contract activities comply with industry regulations and company policies.
• Stay up-to-date with changes in regulatory requirements and adjust strategies accordingly.
• Prepare and submit required documentation to regulatory authorities.
• Work closely with sales, marketing, legal, and finance teams to ensure cohesive pricing and contract strategies.
• Provide training and support to internal teams on pricing and contract-related matters.
• Serve as the primary point of contact for pricing and contract inquiries.

Requirements

• Bachelor’s degree in Business, Finance, Economics, or related field. MBA or relevant advanced degree is a plus.
• Minimum of 5 years of experience in pricing, contracts, or financial analysis within the pharmaceutical industry, specifically in Formulations.
• Strong analytical skills with the ability to interpret complex data and make data-driven decisions.
• Excellent negotiation and communication skills.
• Proficiency in financial modeling and using analytical tools such as Excel, SQL, or specialized software.
• Knowledge of industry regulations and compliance requirements.
• Ability to work independently and manage multiple projects simultaneously.
• Experience with global pricing strategies and international markets.
• Familiar with ERP systems and contract management software.
• U.S. citizenship or permanent authorization to work in the U.S. is mandatory.

Skills

• Strong attention to detail and problem-solving abilities.
• Ability to thrive in a fast-paced, dynamic environment.

Benefits

• 401(k) with matching employer contributions
• Dental insurance
• Health insurance
• Health savings account
• Life insurance
• Paid time off
• Vision insurance

Schedule

• Monday to Friday

Pay

Highly competitive compensation package based on experience and skills.

Work Location: In person