Associate Director - GTN Forecasting & Innovation

Role Summary

Associate Director - GTN Forecasting & Innovation focused on gross-to-net forecasting for the US business, delivering insight-driven forecasts and leading innovative forecasting initiatives within Novo Nordisk.

Responsibilities

• Lead support for development of gross-to-net forecasts for Rare Diseases portfolio and upcoming new Therapeutic Areas to Novo Nordisk including, but not limited to CV, NASH, and Alzheimer’s.
• Demonstrate strong gross-to-net knowledge to support financial assessments across the organization.
• Provide support for "special / innovative" Forecasting projects including process improvements, next generation platforms, current generation model enhancements and creation/implementation of Business Intelligence platforms.
• Serve as internal consultant with Finance, Pricing & Contracting, Commercial and Strategy teams.
• Responsible for gross-to-net forecasting process and tools, including ensuring all models are up-to-date with the latest methodologies and insights.
• Support holistic, insight-driven gross-to-net forecasts for various rebate categories for current and future Novo Nordisk products; forecast components such as Managed Care, Medicare Part D, Medicaid, and other rebates/deductions.
• Communicate realistic expectations clearly to all levels of the organization; set direction and drive continuous improvement of forecasting methodologies, tools, and core deliverables.
• Develop ad hoc analysis tools to support Forecast and build BI capabilities across GTN forecasting and sales reporting functions.
• Assess and improve forecasting tools, models, data sets, and approaches; identify process efficiencies and enhance GTN transparency and analytics.
• Collaborate with Global Business Services, HQ BI COE, and Finance Digitalization teams to enhance BI capabilities.
• Execute ad hoc projects independently, ensuring timely, on-budget delivery and consistency with group deliverables.
• Ensure rebate controls meet audit and internal control requirements.

Qualifications

• Education Level
  • Bachelor's degree from an accredited institution required; degree in analytical field preferred (economics, business, finance, engineering, econometrics, statistics).
  • Master's degree in analytical field (and/or MBA and/or CPA) preferred.
• Experience Level
  • Minimum of 8 years of relevant experience with increasing responsibilities.
  • Minimum of 6 years of relevant analytics, GTN forecasting experience.
  • GTN forecasting experience in the pharmaceutical industry strongly desired.
• Specific or technical job skills
  • Strong collaboration skills; experience implementing a new system across a large cross-functional team preferred.
  • Ability to plan, prioritize, and execute; anticipate roadblocks.
  • Deep understanding of GTN components and forecasting of key rebate categories (Commercial, Medicare Part D, Coverage Gap, Medicaid).
  • Proficient in MS Excel and MS PowerPoint; BI and data visualization experience (Tableau, Qlik, Power BI, Alteryx) preferred.
  • Ability to communicate insights to senior management; synthesize complex information into actionable guidance.
  • Strong analytical, problem-solving, and quantitative skills; innovative and adaptable.

Skills

• Gross-to-net forecasting
• Financial modeling and forecasting systems
• Business Intelligence and data visualization
• Cross-functional collaboration
• Data analysis and presentation
• Strategic planning and budget processes

Education

• Bachelor’s degree in an analytical field required; Master’s degree or MBA/CPA preferred.

Additional Requirements

• 0-10% overnight travel required.
• COVID-19 vaccination required; accommodation requests considered as required by law.