[Remote] Rebate Reconciliation Analyst
Note: The job is a remote job and is open to candidates in USA. CVS Health is focused on building a world of health around every individual, providing innovative healthcare solutions. The Rebate Reconciliation Analyst will engage in rebate reconciliation activities, payment analysis, and dispute resolution, working closely with both internal and external partners to drive value for clients by reducing drug spend.
Responsibilities
ā¢ Review and comprehend all contract terms applicable to the Reconciliation function
ā¢ Track and apply payments due from pharmaceutical manufacturers
ā¢ Identify any late payments and request late fee billing as required by contract
ā¢ Manipulate and Analyze payment data from pharmaceutical manufacturers
ā¢ Reconcile payment data received with Invoiced amount to identify all items disputed by pharmaceutical manufacturers
ā¢ Analyze and research all variances and disputed items and determine whether to accept or reject disputes
ā¢ Communicate with pharmaceutical manufacturers regarding variances and disputes
ā¢ Update internal dispute tracking data file on a monthly basis
ā¢ Perform analysis of required reserves on a monthly basis
ā¢ Investigate and respond to questions/inquiries regarding the status of open balances
ā¢ Ability to handle basic to intermediate data manipulation and analysis
Skills
ā¢ 6+ months years financial or analytical experience
ā¢ Intermediate level Excel Skills including 6+ months experience
ā¢ Experience working in a dynamic, fast-paced environment
ā¢ Experience with contract administration, financial and / or data analysis, data-mining, cash reconciliations, and complex processes is beneficial
ā¢ PBM or pharmaceutical manufacturer experience and knowledge of pharmaceutical products preferred
ā¢ Contract interpretation experience is preferred
ā¢ Bachelor's Degree in Finance, Accounting, Business, Math, or Economics preferred or equivalent work experience
ā¢ Prefer degree in Finance, Accounting, Business, Math, or Economics
Benefits
ā¢ Affordable medical plan options
ā¢ 401(k) plan (including matching company contributions)
ā¢ Employee stock purchase plan
ā¢ No-cost programs for all colleagues including wellness screenings, tobacco cessation and weight management programs, confidential counseling and financial coaching
ā¢ Benefit solutions that address the different needs and preferences of our colleagues including paid time off, flexible work schedules, family leave, dependent care resources, colleague assistance programs, tuition assistance, retiree medical access and many other benefits depending on eligibility.
Company Overview
ā¢ CVS Health is a health solutions company that provides an integrated healthcare services to its members. It was founded in 1963, and is headquartered in Woonsocket, Rhode Island, USA, with a workforce of 10001+ employees. Its website is https://www.cvshealth.com/.
Apply Now
Apply Now
Responsibilities
ā¢ Review and comprehend all contract terms applicable to the Reconciliation function
ā¢ Track and apply payments due from pharmaceutical manufacturers
ā¢ Identify any late payments and request late fee billing as required by contract
ā¢ Manipulate and Analyze payment data from pharmaceutical manufacturers
ā¢ Reconcile payment data received with Invoiced amount to identify all items disputed by pharmaceutical manufacturers
ā¢ Analyze and research all variances and disputed items and determine whether to accept or reject disputes
ā¢ Communicate with pharmaceutical manufacturers regarding variances and disputes
ā¢ Update internal dispute tracking data file on a monthly basis
ā¢ Perform analysis of required reserves on a monthly basis
ā¢ Investigate and respond to questions/inquiries regarding the status of open balances
ā¢ Ability to handle basic to intermediate data manipulation and analysis
Skills
ā¢ 6+ months years financial or analytical experience
ā¢ Intermediate level Excel Skills including 6+ months experience
ā¢ Experience working in a dynamic, fast-paced environment
ā¢ Experience with contract administration, financial and / or data analysis, data-mining, cash reconciliations, and complex processes is beneficial
ā¢ PBM or pharmaceutical manufacturer experience and knowledge of pharmaceutical products preferred
ā¢ Contract interpretation experience is preferred
ā¢ Bachelor's Degree in Finance, Accounting, Business, Math, or Economics preferred or equivalent work experience
ā¢ Prefer degree in Finance, Accounting, Business, Math, or Economics
Benefits
ā¢ Affordable medical plan options
ā¢ 401(k) plan (including matching company contributions)
ā¢ Employee stock purchase plan
ā¢ No-cost programs for all colleagues including wellness screenings, tobacco cessation and weight management programs, confidential counseling and financial coaching
ā¢ Benefit solutions that address the different needs and preferences of our colleagues including paid time off, flexible work schedules, family leave, dependent care resources, colleague assistance programs, tuition assistance, retiree medical access and many other benefits depending on eligibility.
Company Overview
ā¢ CVS Health is a health solutions company that provides an integrated healthcare services to its members. It was founded in 1963, and is headquartered in Woonsocket, Rhode Island, USA, with a workforce of 10001+ employees. Its website is https://www.cvshealth.com/.
Apply Now
Apply Now