Chargeback Analyst

Job Description

Job Title: Chargeback Analyst 

Duration: Fulltime

Location: Dayton,NJ

Summary:

Candidate should have excellent financial analysis skills; ability to analyze large amounts of data quickly and accurately, ability to assimilate disjointed data elements and contract language/ intent in a fiscally responsible way. Ability to translate understanding of pharmaceutical industry practices/concepts/metrics (Gross Sales, Chargebacks, rebates, etc.) into pricing calculations.

 Job Responsibilities:

• Chargebacks Rebate Management. Perform root cause analyzes and resolve rebate discrepancies.

• Train Global Shared services team on process and procedures to resolve rebate discrepancies.

• Ensure all inbound chargeback transmission and resubmissions from Wholesale/Distributor customers are received and loaded into the system on a timely basis. (Via EDI 844).

• Manage the Process of chargebacks, validation and reconciliation of chargebacks as it pertains to pricing, membership eligibility, effective dates, GPO's,

• PHS/340B entities, COT for all Wholesale/Distributor customers.

• Provide weekly Discrepancy reports to Wholesalers.

• Resolve all disputed chargebacks, identify root cause of disputed lines, and implement corrective action to eliminate future occurrences.

• Review chargeback discrepancies due to customer deductions, reconcile differences and initiate collection activities where necessary.

• Responsible to ensure chargeback credit/debit memos processed in system and post to customer's account in system.

• Accurately process chargeback requests within 7 days of submission.

• Responsible for processing resubmitted chargeback debit memos as they relate to contract pricing, membership eligibility, effective dates and product pricing.

• Process, submit PHS 340B contracts.

• Create, implement and maintain an effective tool to handle resubmissions.

• Manage Chargeback deductions and review and provide weekly and monthly reports.

• Provide wholesalers with a reconciliation report detailing all rejected or adjusted lines.

• Complete month end close activities within the department and company time requirements.

• Ensure outbound chargeback reconciliation reports (EDI 849) are provided to wholesalers on a timely basis.

• Skills/Qualifications required:

Excellent financial analysis skills; ability to analyze large amounts of data quickly and accurately, ability to assimilate disjointed data elements and contract language/ intent in a fiscally responsible way.

• Ability to translate understanding of pharmaceutical industry practices/concepts/metrics (Gross Sales, Chargebacks, rebates, etc.) into pricing calculations.

• Demonstrated attention to detail

• ability to produce high volume, accurate, financial calculations

• Demonstrated mastery of high level Excel Functionality (Pivot Tables, Look-ups, etc.) and complex formulas.

• Self-motivated and capable of operating independently as well as working effectively in a team; Ability to prioritize work in a dynamic environment with

            competing priorities. Must show ownership of projects and take initiative to resolve issues.

• Should have good leadership skills and be able to guide the team on the process. Strong written and verbal communications skills required. 

            Must be adept at telephone communications and in explaining complex data to financial and non-financial stakeholders.

• Experience with multi-dimensional data access/analysis tools required.

• iContracts and Oracle experience a plus

Qualifications

Additional Information

Thanks & Regards

Sweta Verma

IT Recruiter

Integrated Resources, Inc.

Inc. 5000 – 2007-2015 (9th Year)

Certified MBE I GSA - Schedule 66 I GSA - Schedule 621I I GSA - Schedule 70

(Direct) 732 549 5907 | (W) 732 -549 - 2030 x 210| (F) (732) 549 5549