Director, Finance Gross-to-Net Reporting - Job ID: 1810
Ascendis Pharma is a dynamic, fast-growing global biopharmaceutical company with locations in Denmark, Europe, and the United States. Today, we're advancing programs in Endocrinology Rare Disease and Oncology.
Here at Ascendis, we pride ourselves on exceptional science, visionary leadership, and skilled and passionate colleagues.
Guided by our core values of Patients, Science, and Passion, we use our TransCon® drug development platform to fulfill our mission of developing new and potentially best-in-class therapies to address unmet medical needs.
Our culture fosters a place where skilled, adaptable, and highly resourceful professionals can truly make their mark. We offer a dynamic workplace for employees to grow and develop their skills.
Position Summary
The Director, Finance Gross-to-Net (GTN) Reporting will lead the development, execution, and oversight of government pricing and GTN analytics & Reporting across the U.S. business. This individual will serve as a strategic partner to Finance, Market Access, Analytics & Commercial Operations and other US teams, ensuring compliance with evolving federal and state pricing regulations while maximizing net revenue and supporting business planning and decision-making. This role requires a deep understanding of U.S. government pricing programs, GTN forecasting and analytics, and the pharmaceutical reimbursement landscape.
Requirements
Key Responsibilities
- Lead the GTN efforts, including modeling, forecasting, accruals, and scenario planning to inform financial planning and product pricing decisions.
- Partner cross-functionally with Market Access, Trade, Patient Support Services, Analytics & Commercial Operations, other US Commercial teams, Global Finance, and Legal teams to inform GTN forecast, assess and optimize pricing strategies, and net revenue performance.
- Guide the design and enhancement of automation tools and dashboards to streamline data aggregation, analytics, and executive reporting for GTN and government pricing.
- Serve as a key contributor in the implementation of new legislation (e.g., Inflation Reduction Act), including development of pricing strategies, modeling, and policy impact assessments.
- Lead the end-to-end government pricing reporting and operations, including oversight of calculations, compliance, and reporting for programs such as AMP, BP, PHS, FSS/VA, ASP, nFAMP, FCP, IFF, and URA.
- Oversee the development and maintenance of SOPs, assumptions documentation, and procedural controls to ensure audit readiness and policy alignment.
- Manage reviews and approvals of monthly accruals, reconciliations, utilization files (e.g., rebates, 340B claims, disputes), and reporting packages to ensure accuracy and compliance.
- Stay abreast of industry trends, policy changes, and regulatory updates; evaluate their potential impact on GTN, pricing strategy, and financial forecasts.
- Serve as the primary point of contact for internal and external audits related to government pricing or GTN.
- Champion cross-functional initiatives related to FMV analysis, bona fide service fees, state transparency reporting, and other pricing-related special projects.
Knowledge, Skills and Experience
- Bachelor’s degree required; advanced degree (MBA, MHA, Finance, or related field) strongly preferred.
- Minimum 10+ years of progressive experience in pharmaceutical finance, pricing, market access, or government programs, with at least 5 years in a leadership or strategic role.
- Strong command of GTN forecasting, accrual methodology, and related analytics and reporting.
- Deep expertise in U.S. Federal and State Pricing Programs (Medicaid, Medicare, FSS, PHS340B) and related regulations.
- Deep experience working in therapeutic areas with managed care contracting and rebates
- Demonstrated ability to lead cross-functional initiatives and influence senior stakeholders.
- Experience developing and managing financial models and pricing strategies in a commercial biotech or pharma environment.
- Proven ability to manage compliance risk in a dynamic and regulated environment.
- Exceptional analytical, problem-solving, and communication skills.
- High attention to detail, with a strategic mindset and ability to see the big picture.
The estimated salary range for this position is $190,000 to $220,000. Actual salary determination is dependent on a variety of factors some of which include: experience, qualifications, and geographic location. This position may be eligible for a discretionary annual bonus or an incentive compensation plan (eligibility varies based on role and position level), discretionary stock-based long-term incentives, paid time off, and a comprehensive benefits package.
A note to recruiters:
We do not allow external search party solicitation. Presentation of candidates without written permission from the Ascendis Pharma Inc Human Resources team (specifically from: Talent Acquisition Partner or Human Resources Director) is not allowed. If this occurs your ownership of these candidates will not be acknowledged.
Benefits
- 401(k) plan with company match
- Medical, dental, and vision plans
- Company-offered Life and Accidental Death & Dismemberment (AD&D) insurance
- Company-provided short and long-term disability benefits
- Unique offerings of Pet Insurance and Legal Insurance
- Employee Assistance Program
- Employee Discounts
- Professional Development
- Health Saving Account (HSA)
- Flexible Spending Accounts
- Various incentive compensation plans
- Accident, Critical Illness, and Hospital Indemnity Insurance
- Mental Health resources
- Paid leave benefits for new parents
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