Purchase Based Rebates Analyst processing and validating rebates for Teva's generic and brand products. Analyze variances and support customer service within a hybrid working model.
Responsibilities
Responsible for processing Rebates and Admin Fees in accordance with contract terms and conditions
Responsible for gathering rebate/fee payment support for the review and verification by the Senior Manager, Purchase Based Rebates
Analyze rebate variances, determine causes, and provide explanations
May be assigned to process Volume Incentive Rebates, Differentials, Voucher Reimbursements, and other rebate variations in Model N/Flex
Calculate Brand/Generic claims accurately and timely, provide monthly accrual needs to Revenue Management teams
Accurately record current and future rebate payments for cash reporting to Treasury.
Will be responsible to help in the analysis for providing accurate weekly rebate check payment forecasts to ensure timely customer payment and maximize Teva’s cash flow.
Help in the review of customer terms and conditions (draft and final versions).
Ensure that all changes and new rebates are set-up accurately in Model N Flex and are properly accrued for Revenue Management
Analyze customer deductions to determine if valid and work closely with A/R to resolve while also looking for trends
Work with IT to develop and implement rebate reports to support customer payments in BI tools.
Requirements
Any equivalent combination of education, training, and/or experience that fulfills the requirements of the position will be considered.
Preferred: Bachelor’s degree
Required: HS Diploma AND at least 1 year Pharmaceutical operational experience, preferably with reimbursements (Purchase Based or Managed Care Rebates, Medicaid Rebates, Chargebacks)
Excel required; Model N Flex or comparable software and/or SAP a plus
Benefits
Comprehensive Health Insurance: Medical, Dental, Vision, and Prescription coverage starting on the first day of employment, providing the employee enrolls.
Retirement Savings: 401(k) with employer match, up to 6% and an annual 3.75% Defined Contribution to the 401k plan.
Time Off: Paid Time Off including vacation, sick/safe time, caretaker time and holidays.
Life and Disability Protection: Company paid Life and Disability insurance.
Additional benefits include, but are not limited to, Employee Assistance Program, Employee Stock Purchase Plan, Tuition Assistance, Flexible Spending Accounts, Health Savings Account, Life Style Spending Account, Volunteer Time Off, Paid Parental Leave, if eligible, Family Building Benefits, Virtual Physical Therapy, Accident, Critical Illness and Hospital Indemnity Insurances, Identity Theft Protection, Legal Plan, Voluntary Life Insurance and Long Term Disability and more.
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