Hybrid Purchase Based Rebate Analyst

at Teva Pharmaceuticals

• Job title: Purchase Based Rebate Analyst
• Job type: Full Time
• Experience level: Junior
• Salary: $77,000 - $96,000 per year
• Degree requirement: High School Diploma
• Location requirements: Hybrid, Parsippany, United States

About the role

• 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.